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Voice User Interface Market Predicted to Grow at a CAGR of 21.5% 2030, Report
Voice User Interface Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 325 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A12381
A voice user interface is an advanced artificial intelligence-based technology able to make spoken human interaction with digital or computer applications using speech recognition software to understand and answer spoken commands. A sequence of artificial intelligence technologies is intended to build virtual user interfaces such as automatic speech recognition, named entity recognition, and speech synthesis.
Based on offering, the solution segment accounted for nearly two-fifths of the global voice user interface market in 2020, and is projected to maintain its leadership status during the forecast period. This is due to various benefits of the voice user interface solutions, such as flexibility, multitasking, accessibility, and privacy. However, the service segment is expected to manifest the highest CAGR of 22.90% from 2021 to 2030. Voice user interface service is a specialized artificial intelligence technology solution that allows users to interact with computer-operated devices to provide hand-free access, information, and answers. This factor drives the growth of the segment.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/voice-user-interface-market/purchase-options
The growth of the global voice user interface is majorly driven by surge in penetration of Internet of Things-based digital home applications and high demand for self-service applications. However, rise in concerns regarding data or information privacy related to voice user interface-enabled devices is acting as a prime restraint of the global market. On the contrary, development in artificial intelligence technology and surge in demand for voice user interface-based navigation system technology in the automotive sector are anticipated to provide lucrative opportunities for the voice user interface industry during the forecast period.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
๐๐ฆ๐๐ณ๐จ๐ง, ๐๐ง๐., ๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐ข๐๐ ๐๐๐๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐๐ง๐., ๐๐๐ข๐๐ฎ, ๐๐ง๐., ๐๐ข๐๐ซ๐จ๐ฌ๐จ๐๐ญ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, .๐๐ ๐ง๐ข๐ญ๐ข๐จ ๐.๐., ๐๐จ๐ฎ๐ง๐๐๐จ๐ฎ๐ง๐ ๐๐ง๐., ๐๐๐ฌ๐ญ๐ฅ๐๐๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐, ๐๐๐, ๐ ๐๐๐๐๐จ๐จ๐ค, ๐๐ฉ๐ฉ๐ฅ๐, ๐๐ง๐., ๐๐จ๐จ๐ ๐ฅ๐
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A12381
Region wise, North America holds a significant voice user interface market share in 2020. The adoption of smart speaker and voice assistant solution at the residential and commercial level is expected to propel the growth of the voice user interface industry in this region. Moreover, surge in demand for voice assistant and speech recognition technologies across retail & consumer and BFSI sectors in North America is anticipated to boost the voice user interface market growth in this region.
Based on application, the smart speakers segment held the largest market share in 2020, contributing to more than one-fourth of the global voice user interface market in 2020, and is estimated to maintain its lead position by 2030. Rise in the adoption of smart speakers in the residential industry, due to the offer of control over smart home application solution through voice recognition drives the growth of the segment. However, the smartphones and tablets segment is projected to witness the highest CAGR of 23.9 % from 2021 to 2030. The fact that voice user interface-based voice assistant solution is widely used in computer-operated applications for smartphones and tablets to offer flexible speech recognition solutions and hand-free interaction propel the segment growth.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A12381
Based on region, North America accounted for the highest market share in 2020, holding more than one-third of the global voice user interface market, and is expected to continue its dominance in terms of revenue by 2030. This is owing to the availability of prime players such as Apple, Amazon, Google, and Facebook and availability of rapidly developing advanced voice assistant solutions. However, Asia-Pacific is expected to witness the fastest CAGR of 23.30% from 2021 to 2030. This is attributed to rise in awareness about cloud computing technology and artificial intelligence applications to enhance resource utilization and various benefit from the voice assistant services.
Moreover, the consumer electronics sector has witnessed pre-eminent growth during and post pandemic for the voice user interface market.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Passive Authentication Market - https://www.alliedmarketresearch.com/passive-authentication-market-A11097
Online Smartphone and Tablet Games Market - https://www.alliedmarketresearch.com/online-smartphone-and-tablet-games-market
Virtual Data Room Market - https://www.alliedmarketresearch.com/virtual-data-room-market
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