The rising popularity of smartphones coupled with the increasing demand for sophisticated assistive technology will assure considerable growth opportunities for the voice assistant market during the forecast period of 2022-2032. The market for voice assistants is predicted to expand at a CAGR of 19% and reach US$ 4,329.0 million in 2022. By 2032, it is anticipated that the market would grow to US$ 24,588 Million.
In addition, the rise in activities such as data collection through mobile devices, unified communications, and wireless network strengthens the growth trajectory to a considerable extent.
Uses
A voice assistant is a digital assistant utilizing voice recognition, speech synthesis, natural language processing, and others to help consumers through phone applications. The overwhelming use of voice assistant applications in the telecom and IT sector, banking, insurance, financial services, media and entertainment, education, travel, hospitality, manufacturing, automotive, and others will invite substantial growth opportunities.
Request Sample Copy of Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-5010
Recent Development
Automating repetitive tasks is an important benefit offered by voice assistant applications. While routine tasks are carried out by voice assistant applications, humans can perform other tasks that are more important. Thus, introducing voice assistants not only enhances consumer experience but also increases the productivity levels of an organization or a business. Thus, these factors will serve as growth boosters for the voice assistant application market.
The report on the voice assistant market by FMI has various points and factors that make the stakeholder aware of the existing competitive scenario. Furthermore, the report includes the demographic landscape, industrial insights, and the latest trends that prove to be of great help to the CXOs and stakeholders. The COVID-19 pandemic effect has also been included in the report.
Request a Complete TOC @
https://www.futuremarketinsights.com/toc/rep-gb-5010
Key Players
- Amazon.com, Inc.
- Artificial Solutions
- Apple Inc.
- Honeywell Corporation
- Samsung Electronics Co., Ltd.
- Google Corporation
- Interactive Voice Inc.
- Athom B.V.
- IBM Corporation
- Nuance Communications, Inc.
Voice assistants Market Segmentation:
By Technology:
- Voice Recognition Technology
- Iot Technology
- Natural Language Processing
- Others
By End-Use Application:
- Corporate Office
- Residential Application
- Institutional Areas Such As School, Colleges
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Europe
Feel free to ask your queries @
https://www.futuremarketinsights.com/ask-question/rep-gb-5010
Related Link :
https://ai.wiki/read-blog/81265
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs