Voice Assistant Application Market Size, Share, Trend, Forecast, & Industry Analysis 2029


Voice Assistant Application Market size was valued at US$ 2.75 Bn. in 2021 and the total Voice Assistant Application revenue is expected to grow by 28.7% from 2022 to 2029, reaching nearly US$ 20.7 Bn.

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The market research report for Voice Assistant Application Market includes a projection for the years up to 2029 together with detailed information on the market's size, rate of growth, revenue, trends, and potential. Additionally, the main development drivers for this market are carefully studied. In this study, the market has undergone a rigorous quantitative analysis that provides information for formulating plans to boost efficiency and growth.

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Voice Assistant Application Market Overview:

Focusing on the most recent drivers, restraints, and opportunities for the Voice Assistant Application Market industry, the thorough company firm's analysis is based on the Voice Assistant Application market. Conversations with well-known businessmen are then utilised to validate the results. In the secondary investigation and analysis of the same, both paid and unpaid data sources are utilised. Information on each player's supply and consumption is gathered from official government sources, third-party data sources, and, in the case of publicly traded enterprises, financial reports of the company. If financial documents from businesses are not made publicly available, the local government's tax division may be able to obtain them.

COVID-19 Impact:

The industry is thoroughly studied by several segments in the report from Maximize Market Research. The personal computer market in India is divided according to product and distribution method. The personal computer market is segmented based on product into workstations, consumer desktops, consumer notebooks, and commercial notebooks. Applications of the Indian personal computer market are both online and offline. 60% of the total personal computer (PC) market in India was made up of notebooks, and its 45.2% year-over-year increase was boosted by demand from both the consumer and business markets. extremely thin notebooks As OEMs seek to invest in and generate excitement for the gaming sector, the consumer market will experience a grasp around gaming devices. The number of commercial PCs sold increased by 23% to 1.17 million units. The commercial sector is predicted to expand.

Voice Assistant Application Market Segment:

During the forecast period, the smart banking segment is anticipated to expand at a CAGR of 5.8%. Nearly 57.1 million people in the United States currently use mobile banking, according to Statista. These customers will soon want their bank to offer the same conveniences as other apps. Similarly, omnichannel voice interactions are already changing how many big financial companies provide customer care. For their mobile banking apps, U.S. Bank and Bank of America have created specialist voice assistants that can help with everything from money transfers to bill reminders—just like speaking with a real bank teller. These efforts are paying off, as just two months after her debut, Bank of America's voice assistant Erica has reached one million users.

Voice Assistant Application Market Key Players:

• Aivo
• AWS
• Apple
• Avaamo
• Avaya
• Baidu
• Cisco
• Clinc
• Creative Virtual
• Google
• Inbenta
• IBM
• Haptik
• Kata.ai
• Microsoft
• Mindsay

Key Company And Market Share Insights:

In this section, visitors can read about the leading rivals. This report looks at the main strategic moves these players make to maintain dominance, including product portfolio strengthening, M&A, partnerships, new, cutting-edge products, and geographic penetration. In addition to the company's goals, the report also offers important financial information and current events. Readers may also find out more details on the firms' global sales, profits, and profit margins from 2017 through 2022.

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Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

About Us:

Maximize Market Research offers B2B and B2C research on 12,000 high-growth emerging technologies that present opportunities and threats to businesses in the healthcare, pharmaceuticals, electronics, communications, internet of things, food and beverage, aerospace and defence, and other manufacturing sectors.

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About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

Pune Banglore Highway, Narhe,
3rd Floor, Navale IT park Phase 2.
411041
India
Phone : +919607365656
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Published in

Electronics , Technology

Published on

Nov 28, 2022

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