Press release
Voice Assistant Shopping Market - Forecast to 2026
Voice Assistant Shopping Market
Browse TOC on “Global Voice Assistant Shopping Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/voice-assistant-shopping-market-3510
By Technology (Speech Recognition, Natural Language Processing, Text To Speech Recognition), By Hardware (Smart Phones & Tablets, Smar Speakers [Google Assistant, Alexa & Amazon Echo, Bixby, Duer, Nina, JBL]), By Application (Food Order (Takeout), Grocery, Book, Homecare Goods, Transportation, Cloothing, Travel Reservation), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Browse the Report @ https://www.globalmarketestimates.com/market-report/voice-assistant-shopping-market-3510
Voice Assistant shopping is an advancement in the overall e-commerce trade industry. With the help of this feature, the user can purchase and place an online order orally. Faster results, customized search, improved results of the desired products, and convenience are the major benefits offered by the industry. During the covid-19 impact, a large number of consumer groups shifted to the online shopping platform including the old age population. The geriatric consumer group was unenthusiastic to make an online purchase due to a large number of categories and segments on the shopping app. However, this problem can be easily resolved through the voice assistant shopping feature.
Smartphones dominated the hardware segment
The majority of the sales done in the industry were through smartphones. Wide availability, convenience, easy options availability, and compatibility are the prime factors to drive demand in this segment. The segment solely accounted for more than 60% of the revenue share in 2019.
Grocery applications holds a promising future
The global voice assistant shopping market is witnessing a positive from grocery applications. The online purchase of groceries increased since the first phase of the covid-19 pandemic. Majority of the purchase was shifted to the online platform and is expected to continue this trend during the forecast period.
North America dominated the regional share
The North American voice assistant shopping market dominated the overall regional share and accounted for over 60% of the sales in 2019. The high number of users accompanied by increased consumer willingness to use speech integrated features to search and find the product will support the regional industry growth.
Technology innovation and enhancing user experience are the prime strategies
Major players in the industry are Samsung Electronics, Apple Inc., Google Inc, Baidu, Bose Corporation, Microsoft Corporation, Amazon, Harman International Industries, JD.Com, IBM, Capgemini, Alibaba, Cisco, Nuance Communications, and Verint Systems.
The global voice assistant shopping company market revenue share is concentrated owing to the few companies covering the majority of the market. The concept is new and is in continuous development and advancement. Large scale companies are investing in AI tools to enhance the user experience and retain consumer interest.
Technology Outlook (Revenue, USD Million, 2021-2026)
• Speech recognition
• Natural language processing
• Text to speech recognition
• Others
Hardware Outlook (Revenue, USD Million, 2021-2026)
• Smart phones & tablets
• Smart speakers
• Google assistant
• Alexa and Amazon echo
• Bixby
• Duer
• Nina
• JBL
• Others
• Others
Application Outlook (Revenue, USD Million, 2021-2026)
• Food order (Takeout)
• Grocery
• Book
• Homecare goods
• Transportation (Cab/Taxi Book)
• Clothing
• Travel reservation
• Others
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• U.S.
• Canada
Europe
• Germany
• UK
• France
• Italy
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• UAE
• South Africa
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Voice Assistant Shopping Market - Forecast to 2026 here
News-ID: 2364652 • Views: …
More Releases from Global Market Estimates Research & Consultants
Global Market Estimates Hosts Exclusive Webinar on Future Trends in Quick Commer …
Gain Strategic Insights and a Comprehensive Report on August 1st
Global Market Estimates (GME) is excited to announce an exclusive webinar, "Future Trends in the Global Quick Commerce Market: Forecasts to 2029," scheduled for August 1, 2024, at 11am EST. This insightful session will feature Mr. Yash Jain, Director - Global Accounts & Strategic Advisory.
For a registration fee of USD 499, attendees will receive a comprehensive report valued at USD 5,450,…
Global Flare Monitoring Market Size & Trends
According to a new market research report published by Global Market Estimates, the global flare monitoring market is expected to grow at a CAGR of 6.5% from 2024 to 2029.
Global flare monitoring market growth is driven by factors such as safety and risk management and growing emphasis on reduction of emissions.
Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release
Key Market Insights
• As per…
Global Fiber Optic Component System Market Size & Trends
According to a new market research report published by Global Market Estimates, the global fiber optic component system market is expected to grow at a CAGR of 8.46 % from 2024 to 2029.
Global fiber optic component system market growth is driven by factors such as growing demand for safety regulations and technological developments.
Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release
Key Market…
Global Rechargeable Battery Market Size & Trends
According to a new market research report published by Global Market Estimates, the global rechargeable battery market is expected to grow at a CAGR of 15.4% from 2024 to 2029.
Rechargeable batteries have been growing in popularity due to their inherent superiority over disposable batteries in environmental pollution. As rechargeable batteries can be recharged after every use, they cause much lower environmental degradation as compared to disposable batteries, which are discarded…
More Releases for Assistant
Healthcare Virtual Assistant Market Size Analysis by Application, Type, and Regi …
USA, New Jersey- According to Market Research Intellect, the global Healthcare Virtual Assistant market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for healthcare virtual assistants is expanding rapidly as a result of rising demand for digital health solutions and more efficient patient care…
Intelligent Virtual Assistant Market Next Big Thing | Major Giants with Houndify …
HTF MI recently introduced Global Intelligent Virtual Assistant Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players in this Report Include: Apple Siri (United States), Amazon Alexa (United States), Google Assistant…
Intelligent Virtual Assistant Market to Witness Massive Growth by 2030 | Apple S …
The latest research study released by HTF MI on Intelligent Virtual Assistant Market with 123+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, sales, drivers, opportunities, market viewpoint and status. The market Study is segmented by key a region that is accelerating the marketization. Intelligent Virtual Assistant study is a perfect mix of qualitative and…
Everyone needs an assistant!
At Speak With My Assistant, we pride ourselves on providing customized virtual assistance and consulting services tailored to meet your unique needs, whether for personal or business purposes. Our team of seasoned professionals understands the significance of offering top-notch support to enhance efficiency, save time, and alleviate stress. Our diverse services include administrative tasks, social media management and marketing, credit assistance, online notary services, self-publishing assistance, and more. We can…
Intelligent Voice Assistant of Smart Speaker Market by Alexa, Google Assistant, …
North America to account for the largest market size during the forecast period.
North American countries such as the US, Canada, and Mexico are receptive to products enabled with advanced technologies. The penetration of smart speakers in the North American countries especially in the US is high owing to the presence of early adopters and key smart speaker providers. The willingness of customers to accept and use new technologies has also…
Rising Adoption of Voice Assistant in Contact Centers Driving Voice Assistant Ma …
Valued at $1,723.6 million in 2019, the global voice assistant market is predicted to attain a value of $26,872.6 million by 2030, advancing at a 29.7% CAGR during the forecast period (2020-2030). The market is growing due to the rising demand in contact centers and requirement for enhanced customer experience. A software which utilizes natural language processing, speech analytics, and voice recognition technologies for helping users through voice recognition applications…
