Press release
Evolving Market Trends In The Artificial Intelligence (AI) In Voice Assistants Industry: Integration of AI Voice Assistants in Business Operations
Artificial Intelligence (AI) In Voice Assistants
What Is the Expected Artificial Intelligence (AI) In Voice Assistants Market Size During the Forecast Period?
The voice assistants market, backed by artificial intelligence (AI), has witnessed a remarkable expansion in recent times. The market value that stands at $3.54 billion in 2024 is projected to escalate to $4.66 billion in 2025, tracing a compound annual growth rate (CAGR) of 31.5%. The substantial growth in the historic period can be traced back to factors such as enhanced investment in AI research, amplified utilization of voice assistants for health tracking, the surge in the sales of smart speakers, increased implementation of digital assistants in businesses, and the upswing in E-learning.
In the coming years, the market size of voice assistants in artificial intelligence (AI) is predicted to skyrocket. The market is projected to swell to $13.85 billion in 2029, experiencing a compound annual growth rate (CAGR) of 31.3%. The expected growth during the forecast period can be traced back to factors such as an intensified emphasis on data security, an increasingly more focused approach to accessibility, the rise of E-commerce, expansion in remote work, and a surge in voice searches. Significant trends to watch out for during the forecast period will include advancements in the processing of natural language, the integration of wearables, voice-activated IoT platforms, the combining of voice assistants with AR and VR applications, and the incorporation of voice assistants within the infrastructure of smart cities.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20483
What Are the High-Growth Segments in the Artificial Intelligence (AI) In Voice Assistants Market?
The artificial intelligence (AI) in voice assistants market covered in this report is segmented -
1) By Deployment Mode: Cloud-Based, On-Premise
2) By Application: Virtual Personal Assistants, Customer Service And Support
3) By Industry Vertical: Consumer Electronics, Banking, Financial Services, And Insurance (BFSI), Automotive, Healthcare, Retail And E-Commerce, Other Industry Verticals
Subsegments:
1) By Cloud-Based: AI Voice Assistant Platforms, Voice Recognition And Processing Services, Cloud-Based Speech Analytics Tools, API Integrations For Cloud Voice Assistants, AI-Driven Chatbot Services In The Cloud, Voice-Enabled IoT Services
2) By On-Premise: On-Premise Voice Assistant Software, Local Speech Recognition Systems, On-Premise Voice Analytics Tools, Customizable On-Premise Voice Assistant Solutions, Integration With Local Systems And Databases, Security And Compliance Tools For On-Premise Deployments
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20483&type=smp
What Key Drivers Are Expected to Influence Future Artificial Intelligence (AI) In Voice Assistants Market Growth?
The rise in smart homes adoption is anticipated to fuel the progression of the AI in voice assistants market. The term smart homes adoption refers to the increasing acknowledgement and infusion of intelligent home technologies and gadgets by homeowners. It shows the readiness of individuals or families to leverage the advantages and comforts provided by a networked and robotic living environment. Essentially, an AI in voice assistants is applied in smart thermostat and intelligent home appliances, where a connected and programmable utterance enables homeowners to manipulate and supervise their heating, ventilation, and air conditioning (HVAC) systems along with other intelligent devices. For instance, IoT For All, a technology media establishment based in the US, imparted in their reports from December 2022 that in 2022, smart homes' permeation stood at roughly 14%, with a projection of attaining 25% by the close of 2026. Moreover, an estimated 48.4% of US homes are expected to have automation by 2025. Consequently, the escalating adoption of smart homes is steering the expansion of the AI in voice assistants market.
Which Companies Hold the Largest Share Across Different Artificial Intelligence (AI) In Voice Assistants Market Segments?
Major companies operating in the artificial intelligence (AI) in voice assistants market are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Alibaba Group Holding Limited, Huawei Technologies Co. Ltd., Tencent Holdings Ltd., Amazon Web Service, Sony Group Corporation, International Business Machines Corporation, Cisco Systems Inc., Orange S.A., Oracle Corporation, Baidu Inc., Yandex LLC, iFLYTEK Co. Ltd., Sonos Inc., Nuance Communications Inc., Verint Systems Inc., SoundHound Inc., Rasa Technologies Inc., Cognigy GmbH, Deepgram, Pypestream Inc., VoiceOwl Bot Private Limited, Vokaturi B.V
What Trends Are Driving Growth in The Anesthesia Circuits Market?
Prominent businesses in the AI in voice assistants market are incorporating AI voice assistants in their organizational procedures to optimize client communication, automate regular tasks, and boost overall efficiency and user involvement. AI voice assistants employ natural language processing to comprehend and answer verbal instructions, enhancing customer assistance, productivity, and availability across numerous sectors. For example, in September 2023, Oracle, an American software firm, unveiled Oracle's clinical digital assistant. This digital assistant from Oracle fuses generative AI with vocal prompts to enhance the efficiency of electronic health record interactions, allowing healthcare providers to concentrate on patient care and engagement more. It allows patients to accomplish healthcare tasks and retrieve information via voice prompts and secured web discussions.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-in-voice-assistants-global-market-report
What Are the Emerging Geographies for The Artificial Intelligence (AI) In Voice Assistants Market Growth?
North America was the largest region in the AI in voice assistants market in 2024. The regions covered in the artificial intelligence (AI) in voice assistants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence (AI) In Voice Assistants Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) In Voice Assistants Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) In Voice Assistants Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) In Voice Assistants Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the artificial intelligence (ai) in voice assistants market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Evolving Market Trends In The Artificial Intelligence (AI) In Voice Assistants Industry: Integration of AI Voice Assistants in Business Operations here
News-ID: 4063302 • Views: …
More Releases from The Business Research Company
Neurogenomics Industry to Achieve $2.60 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Neurogenomics Market Grow by 2025 in Terms of Size and Growth?
The scale of the neurogenomics market has quickly expanded in the past few years. Its growth is projected to rise from $1.31 billion in 2024 to $1.50 billion in 2025, with a compound annual growth rate (CAGR) of…
Monopolar Electrosurgery Instrument Market on Path to Hit $2.78 Billion by 2029 …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Monopolar Electrosurgery Instrument Market Outlook: What Size And CAGR Are Anticipated By 2025?
In recent times, the monopolar electrosurgery instrument market has experienced significant growth. The market size is set to expand from $2.17 billion in 2024 to $2.29 billion in 2025, marking a compound annual growth rate (CAGR) of…
Microsurgery Robot Market to Surpass $4.20 Billion by 2029 | Key Trends & Insigh …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Microsurgery Robot Market Grow by 2025 in Terms of Size and Growth?
In recent times, the microsurgery robot market has seen a significant scale of expansion. It is projected to surge from $2.07 billion in 2024 to $2.39 billion in 2025, with a compound annual growth rate (CAGR) of…
Global Medical Variable Force Spring Market Worth $1.61 Billion by 2029, Growing …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Medical Variable Force Spring Market Outlook: What Size And CAGR Are Anticipated By 2025?
The market for medical variable force springs has witnessed substantial growth in the past few years. Its size is expected to increase from $1.10 billion in 2024 to $1.19 billion in 2025, with a compound annual…
More Releases for Voice
The voice that connects; how voice over builds bonds with clients
Image: https://www.globalnewslines.com/uploads/2025/06/1748955251.jpg
The importance of voice overs, in both Spanish and English, lies in their ability to connect with the audience, enhance understanding, build trust and persuasion, and support accessibility. In both languages, voice overs [https://www.lofigstudio.com/portafolio] improve content clarity, convey emotions that strengthen audience engagement, and influence decision-making.
They also enable broader reach by improving inclusion. Due to their versatility, they have become essential tools in media such as advertising, documentaries, e-learning,…
Voice Power: Exploring the Future of Voice User Interfaces
The Business Research Company recently released a comprehensive report on the Global Voice User Interface Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
AI Voice Cloning Market: Transforming Industries Through Synthetic Voice Replica …
➤ Ai Voice Cloning Market Overview:
The AI Voice Cloning Market has been rapidly expanding, driven by the surge in demand for realistic synthetic voices across various industries. From entertainment and media to customer service, AI voice cloning technology enables brands and organizations to replicate voices with striking accuracy, allowing for highly personalized and scalable voice-based applications. Powered by advanced neural networks and deep learning, AI voice cloning technology can produce…
Growing Industry of Voice Changing Software Market 2019 - 2023 | Estimated to Re …
“Global Voice Changing Software Market 2019” report gives the most current industry information and industry future patterns, enabling you to distinguish the items and end clients driving Revenue development and gainfulness. The business report records the main rivals and gives the bits of knowledge vital industry Analysis of the key components impacting the market.
Global Voice Changing Software Market Overview:
The report spread across 90 pages is an overview of the Global…
Voice Recognition Systems Market Touching Impressive Growth| Voxeo, Voice Trust, …
HTF MI recently introduced Global Voice Recognition Systems Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. 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 from the complete study are Voxeo, Voice Trust, Nuance Communications, Validsoft, Advanced Voice Recognition Systems,…
Voice Over Coach Marc Cashman Launches Podcast for Voice Talent
Marc Cashman, voice talent and celebrated voice over coach, is featured this week on the Voice Over Experts Podcast, podcasts.voices.com , the top educational podcast for beginner and professional voice actors around the world. Marc Cashman is the owner of Cashman Commercials and the Cashman Cache of Voice-Acting Techniques where he teaches voice lessons and classes.
In his most recent episode, Voice Over Expert Marc Cashman coaches freelance voice actors on…
