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Global Voice Assistance Market Research Report (2021 to 2027) - by Technology, Hardware, Component, Deployment, End-use, Application and RegionDUBLIN, Jan. 28, 2022 /PRNewswire/ -- The "Voice Assistance Market Research Report by Technology, by Hardware, by Component, by Deployment, by End-Use, by Application, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering. The Global Voice Assistance Market size was estimated at USD 4,182.78 million in 2020, is expected to reach USD 4,699.78 million in 2021, and is projected to grow at a CAGR of 12.72% to reach USD 9,674.60 million by 2027. The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2027 are considered the forecast period. Competitive Strategic Window: The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period. The FPNV Positioning Matrix evaluates and categorizes the vendors in the Voice Assistance Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape. The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits. The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Voice Assistance Market, including Amazon.com, Inc, Apple Inc, Cisco Systems, Inc, Creative Virtual Ltd, Google LLC, IBM Corporation, Let's Nurture Infotech Pvt Ltd., Microsoft Corporation, Mycroft AI, Inc., Nokia Corporation, Oracle Corporation, Orange S.A, Salesforce.com, Inc., Samsung Electronics Co., Ltd, SAP SE, and Verint Systems Inc.. 2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets 3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments 4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players 5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments The report answers questions such as: 1. What is the market size and forecast of the Global Voice Assistance Market? 2. What are the inhibiting factors and impact of COVID-19 shaping the Global Voice Assistance Market during the forecast period? 3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Voice Assistance Market? 4. What is the competitive strategic window for opportunities in the Global Voice Assistance Market? 5. What are the technology trends and regulatory frameworks in the Global Voice Assistance Market? 6. What is the market share of the leading vendors in the Global Voice Assistance Market? 7. What modes and strategic moves are considered suitable for entering the Global Voice Assistance Market? Key Topics Covered: 1. Preface 2. Research Methodology 3. Executive Summary 4. Market Overview 5. Market Insights 5.1. Market Dynamics 5.1.1. Drivers 5.1.1.1. Rising adoption of voice search technologies 5.1.1.2. Increasing need for remote device management and user behavior analysis to improve customer service 5.1.1.3. Growing demand for enhanced customer experience and increasing demand for contact centers 5.1.2. Restraints 5.1.2.1. Shortages of different small components required for the production 5.1.2.2. High cost of voice assistant devices 5.1.3. Opportunities 5.1.3.1. Rising uses of voice assistant technologies driven by the rapid automation in manufacturing sectors 5.1.3.2. Increasing trend of robotic assistance and chatbots 5.1.3.3. Growing machine learning and speech and image recognition techniques 5.1.4. Challenges 5.1.4.1. Accuracy problems related to voice assistants 5.2. Cumulative Impact of COVID-19 6. Voice Assistance Market, by Technology 6.1. Introduction 6.2. Natural Processing Language 6.3. Speech Recognition System 6.4. Text-to-Speech 6.5. Voice Recognition 7. Voice Assistance Market, by Hardware 7.1. Introduction 7.2. Set-top Box 7.3. Smart Speakers 7.4. Smartphones and Tablets 8. Voice Assistance Market, by Component 8.1. Introduction 8.2. Services 8.2.1. Managed 8.2.2. Professional 8.3. Solutions 9. Voice Assistance Market, by Deployment 9.1. Introduction 9.2. Cloud 9.3. On-Premise 10. Voice Assistance Market, by End-Use 10.1. Introduction 10.2. Individual 10.3. Large Enterprise 10.4. Small and Medium Enterprise 11. Voice Assistance Market, by Application 11.1. Introduction 11.2. Contact Centers 11.3. Messenger Bots 11.4. Websites 12. Americas Voice Assistance Market 12.1. Introduction 12.2. Argentina 12.3. Brazil 12.4. Canada 12.5. Mexico 12.6. United States 13. Asia-Pacific Voice Assistance Market 13.1. Introduction 13.2. Australia 13.3. China 13.4. India 13.5. Indonesia 13.6. Japan 13.7. Malaysia 13.8. Philippines 13.9. Singapore 13.10. South Korea 13.11. Taiwan 13.12. Thailand 14. Europe, Middle East & Africa Voice Assistance Market 14.1. Introduction 14.2. France 14.3. Germany 14.4. Italy 14.5. Netherlands 14.6. Qatar 14.7. Russia 14.8. Saudi Arabia 14.9. South Africa 14.10. Spain 14.11. United Arab Emirates 14.12. United Kingdom 15. Competitive Landscape 15.1. FPNV Positioning Matrix 15.1.1. Quadrants 15.1.2. Business Strategy 15.1.3. Product Satisfaction 15.2. Market Ranking Analysis 15.3. Market Share Analysis, By Key Player 15.4. Competitive Scenario 15.4.1. Merger & Acquisition 15.4.2. Agreement, Collaboration, & Partnership 15.4.3. New Product Launch & Enhancement 15.4.4. Investment & Funding 15.4.5. Award, Recognition, & Expansion 16. Company Usability Profiles 16.1. Amazon.com, Inc 16.2. Apple Inc 16.3. Cisco Systems, Inc 16.4. Creative Virtual Ltd 16.5. Google LLC 16.6. IBM Corporation 16.7. Let's Nurture Infotech Pvt Ltd. 16.8. Microsoft Corporation 16.9. Mycroft AI, Inc. 16.10. Nokia Corporation 16.11. Oracle Corporation 16.12. Orange S.A 16.13. Salesforce.com, Inc. 16.14. Samsung Electronics Co., Ltd 16.15. SAP SE 16.16. Verint Systems Inc. 17. Appendix For more information about this report visit https://www.researchandmarkets.com/r/30eoon Media Contact: Research and Markets View original content:https://www.prnewswire.com/news-releases/global-voice-assistance-market-research-report-2021-to-2027---by-technology-hardware-component-deployment-end-use-application-and-region-301470556.html SOURCE Research and Markets |