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AI Voice Commerce Market Trend Analysis, Latest Revenue Figures, Business Outlines, Growth Insights, and Forecasts until 2030 |Microsoft Corp., Amazon.com Inc., Alphabet Inc.

07-26-2023 01:20 PM CET | IT, New Media & Software

Press release from: INFINITY BUSINESS INSIGHTS

AI Voice Commerce Market Trend Analysis, Latest Revenue

AI Voice Commerce, also known as Voice-activated Commerce or V-Commerce, refers to the use of artificial intelligence (AI) and natural language processing (NLP) technologies to facilitate seamless and interactive online shopping experiences through voice-enabled devices and virtual assistants. By leveraging voice commands, users can search for products, make purchases, track orders, and receive personalized recommendations, all without the need for traditional graphical interfaces.

The AI Voice Commerce Market is anticipated to grow at a CAGR of 30.1% from USD 30.72 Billion in 2030.

AI voice commerce market had been experiencing significant growth and transformation. AI voice commerce refers to the use of virtual assistants and voice-enabled devices to facilitate online shopping and transactions through natural language interactions. With the widespread adoption of smart speakers, like Amazon Echo and Google Home, and the integration of voice assistants into mobile devices and other consumer electronics, the market was witnessing a surge in voice-activated purchases, product inquiries, and personalized shopping experiences. Retailers and e-commerce platforms were investing in voice-enabled technology to streamline the shopping process and enhance customer engagement.

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List of the Top Key Players of AI Voice Commerce Market:
Microsoft Corp., Amazon.com Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Jetson AI Inc., Voicify LLC, Agora Inc., Salesforce.com Inc., Edrone sp. z o.o., iAdvize SAS, Yosh.AI Ltd., Adobe Inc., Algolia Inc.

Total Market by Segment:
Global AI Voice Commerce Market Segment Percentages By Type
Smart Speaker
Voice Assistant
Virtual Digital Assistant

Global AI Voice Commerce Market Segment Percentages by Application
Personal care
Electronics
Household Appliances
Groceries
Arts Crafts
Others

Market Dynamics
AI voice commerce was a rapidly evolving market with dynamic growth prospects. The integration of artificial intelligence and voice technology allowed for seamless and intuitive shopping experiences, enabling consumers to make purchases through voice commands. The market witnessed significant adoption due to the rising popularity of smart speakers, virtual assistants, and voice-enabled devices. Companies and retailers invested heavily in AI-driven voice commerce solutions to enhance customer engagement, provide personalized recommendations, and streamline the buying process. However, the market also faced challenges related to data privacy, security concerns, and the need for continuous improvement in voice recognition accuracy.

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AI Voice Commerce Market Regional Analysis:
1. North America
2. Europe
3. Asia-Pacific
4. South America
5. Middle East & Africa

The AI Voice Commerce Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.

AI Voice Commerce Market: Impact of COVID-19
Three key ways in which COVID-19 can have an impact on the world economy are: directly by altering supply and demand, indirectly by disrupting supply chains and markets, and financially by having an impact on businesses and financial markets. After the COVID-19 problem, the market will create profitable opportunities for producers, according to our analysts who are tracking the situation globally. The report intends to present a further example of the influence of the current circumstances, the economic recession, and COVID-19 on the entire industry.

Key Questions Answered:
1. How big is the global AI Voice Commerce Market?
2. What is the demand of the global AI Voice Commerce Market?
3. What is the year over year growth of the global AI Voice Commerce Market?
4. What is the production and production value of the global AI Voice Commerce Market?
5. Who are the key producers in the global AI Voice Commerce Market?
6. What are the growth factors driving the market demand?

For More Information:-https://www.infinitybusinessinsights.com/reports/global-ai-voice-commerce-market-2023-by-company-regions-type-and-application-forecast-to-2029-1175432?Mode=208

Table of Contents - Major Key Points only
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1. COVID-19 Impact Analysis
4.2. Impact of Ukraine- Russia war
4.3. Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Global AI Voice Commerce Market Segmentation, by Transaction Mode
9. Global AI Voice Commerce Market, by Payment Type
10. Global AI Voice Commerce Market, by End User
11. Global AI Voice Commerce Market, by Application
12. Regional Analysis
13. Company Profiles
14. Competitive Landscape
15. Conclusion

Contact us:
Amit J
Sales Co-Ordinator
International: +1 518 300 3575
Email: inquiry@infinitybusinessinsights.com
Website: https://www.infinitybusinessinsights.com
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LinkedIn: https://www.linkedin.com/company/infinity-business-insights
Twitter: https://twitter.com/IBInsightsLLP

Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
We attain particular and niche demand of the industry while stabilize the quantum of standard with specified time and trace crucial movement at both the domestic and universal levels. The particular products and services provided by Infinity Business Insights cover vital technological, scientific and economic developments in industrial, pharmaceutical and high technology companies.

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