Scope of the Study
Voice assistant applications are the software programs that respond to the voice commands of the user to perform various tasks. It can control devices and smart homes. It can find information online, restaurant booking, directions, weather and news, control music etc. Voice assistant applications also can make appointments, send messages and real-time spoken translations. There is a demand for voice assistant speakers globally will attract many vendors to enter the market. On 15th January 2019, the United States based internet radio company Pandora launched a personalized voice assistant on iOS and Android.
The market study is being classified, by Application (Mobile Applications, Web Applications and Devices) and major geographies with country level break-up.
IBM (United States), Google (United States), Amazon (United States), Microsoft Corporation (United States), Apple (United States), Samsung Group (South Korea), Creative Virtual (United Kingdom), Verbio Technologies (Spain), Oracle (United States) and Orbita (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Baidu (China), Orange S.A. (France), Next IT Corporation (United States), Nuance Communications (United States) and Nokia Networks (Finland).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Voice Assistant Application market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Voice Assistant Application market by Type, Application and Region.
On the basis of geography, the market of Voice Assistant Application has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization, the sub-segment i.e. Small and Medium Enterprises will boost the Voice Assistant Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Voice Assistant Application market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Digitalization Globally
- Increased Adoption of Smart Homes
- Rising Popularity of Voice Assistants
- Speech Recognition and Voice Recognition Technologies Being Used In Smart Homes
- Security and Privacy Concerns
- Increasing Demand for Smartphones from Developing Countries
- Low Accuracy in Voice Assistant Applications
Market Leaders and their expansionary development strategies
On 18th February 2019, Apple has acquired a San Francisco start-up PullString that is focused on the publication and development of AI voice apps for Google Assistant, Amazonís Alexa and Internet of Things (IoT) hardware.
On 25th September 2018, Apple and Salesforce entered a partnership in which the iPhone maker will help Salesforce build the iPhone maker's features such as its Siri voice assistant deeper into Salesforce's own mobile apps, which are widely used in the sales and marketing industries.
Key Target AudienceVoice Assistant Application Developers, Research Professionals, Emerging Companies, Independent Software Vendors and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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