Voice Assistant Application Market Share to Exhibit Healthy 29.9% CAGR by 2026; USD 11.8 Billion to Bolster Growth, Says StraitsResearch
Advancements in voice-enabled applications are increasing exponentially. For instance, in October 2018, Google launched Voice Access that allow users to navigate through apps, type, talk, and edit text, supporting individuals with mobility and motor impairments to control their devices. Such technological privileges are driving the demand for voice assistant applications.
Voice Assistant Application market research report has been prepared with most up-to-date insight and analysis to give maximum key benefits to the Voice Assistant Application industry. Besides, this professional report also contains historic data, present and future market key trends, environment, global technological innovation, upcoming trends and technologies and the technical progress in the associated industry.
The global voice assistant application market is expected to grow at a CAGR of 29.9% during the forecast period, 2019–2026.
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The scope of Voice Assistant Application market analysis report contains industry research, customer insights, industry sizing and forecast, competitive landscape, market entry strategy, sales and pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel valuation.
In November 2018, Samsung introduced Bixby Developer Studio, allowing third-party developers to build functionalities for the AI-based assistant
A report was released freshly that sheds lots of light on the Voice Assistant Application Industry. The report covers an summary of the industry along with a exhaustive description that offers a lot of insight. The report also studies the production as well as management technology in numerous end-user industries. An in-depth study in some new and noticeable industry key trends, analysis of the rivalry and regional analysis that is very detailed have been encompassed in the report of the Voice Assistant Application market for the assessment period of 2021 – 2029.
The Top Companies in this Report Include: IBM (U.S.), Google (U.S.), AWS (U.S.), Microsoft (U.S.), Apple (U.S.), Baidu (China), Nuance Communications (U.S.), Salesforce (U.S.), Verbio Technologies (Spain), Samsung (South Korea), Oracle (U.S.), SAS (U.S.), SAP (Germany), and Orbita (U.S.).
Covid-19 Pandemic Impact on the Market:
1. The Covid-19 outbreak negatively affected the market. The strict guidelines of lockdown compulsory by numerous governments and ban on state and international travel to curb the spread of the virus occasioned in a sudden collapse in demand for Voice Assistant Application market in 2020.
2. Moreover, the demand for business analytics is projected to upsurge post-pandemic.
By ComponentL: Solutions , Services
By Deployment Mode: On-Premise , Cloud
By Technology: Speech Recognition , Text-to-Speech Recognition , Voice Recognition
By Application: Mobile Application , Web Application , Smart Devices , Others
Finally, researchers throw light on the identify analysis of Global Voice Assistant Application Market dynamics. It also measures the maintainable key trends and industry platforms which are the basic origins behind the industry growth. The degree of rivalry is also measured in the updated research report. With the benefit of SWOT and Porter’s five analysis, the market has been tremendously analysed. It also helps to address the risk and challenges in front of the industries. Furthermore, it provides widespread research on sales approaches.
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Voice Assistant Application Market 2021-2029: Key Highlights
CAGR of the market during the estimate period 2021-2029
Detailed information on key factors that will assist Voice Assistant Application market development during the next five years
Estimation of the Voice Assistant Application market size, share and its influence to the parent market
Calculations on upcoming industry trends and changes in consumer behaviour
The evolution of the Voice Assistant Application market
Analysis of the market's reasonable landscape and detailed information on key vendors
Comprehensive details of key factors that will challenge the growth of Voice Assistant Application market key players
StraitsResearch offers in-depth insights into the market. It presents
the study in a comprehensible chapter-wise format, interspersed with data and
applicable infographics. The report accepts an analytical approach to help our
clients get better considerate about the market. Our expert market research
analysts in the various industry domain carries out an widespread
primary and secondary research with the benefit of digital intelligence for
enhanced decision making.
Reasons for Buying this Voice Assistant Application Market Report
* The analysis of market trends provides a forward-looking viewpoint on the numerous factors that are driving or hindering market growth.
* The market report contains a five-year outlook based on how the market is predictable to grow.
* It gives you a razor-sharp view of shifting modest dynamics and keeps you one step ahead of the rivalry.
Click Here to Access the Full Report @ https://straitsresearch.com/report/voice-assistant-application-market
The global Voice Assistant Application market has been spread across North America, Europe, Asia-Pacific, the Middle East and Africa, and the Rest of the World.
Note: All the reports that we list have been tracing the impact of COVID-19. Mutually upstream and downstream of the whole supply chain has been accounted for while doing this. Also, where likely, we will offer an additional COVID-19 update report to the report in Q3, please check for with the sales team.
What Does the Voice Assistant Application Market Report Provides?
The report for Voice Assistant Application market qualifies an communicative and proficient glance into this market. It examines the market’s present environment in order to have a full grasp of the market’s future ambitions. It gives a inclusive assessment of the universal market sector by leading an in-depth analysis of diverse elements of the industry, including recent industry trends, current conditions, and future prospects.
Click Here to Access the Toc of Voice Assistant Application Market Report @ https://straitsresearch.com/report/voice-assistant-application-market/toc
Browse More Updated Relevant Reports at:
Global Voice Assistant Application Market 2021 | Developments in AI Technology and the Rising Demand for Devices Such as Smartphones Integrated with Voice Assistants Are Key Factors to Growth of Market Globally
Voice Assistant Application Market Revenue is Anticipated to Grow at a Robust CAGR of 29.9% By 2026 | Advancements in AI Technology to Boost Industry Growth Says StraitsResearch
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