PUBLISHER: TechNavio | PRODUCT CODE: 1801594
PUBLISHER: TechNavio | PRODUCT CODE: 1801594
The voice AI in smart homes market is forecasted to grow by USD 54,371.9 mn during 2024-2029, accelerating at a CAGR of 38.2% during the forecast period. The report on the voice AI in smart homes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid advancement in AI and natural language processing, maturation of ecosystem interoperability through industry standards, and escalating consumer demand for convenience and accessibility.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 35.5% |
CAGR | 38.2% |
Incremental Value | $54,371.9 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's voice AI in smart homes market is segmented as below:
By Device
By Deployment
By Technology
By Geographical Landscape
This study identifies the integration of generative AI and llms as one of the prime reasons driving the voice AI in smart homes market growth during the next few years. Also, shift toward hybrid cloud-edge architecture and rise of proactive and predictive automation will lead to sizable demand in the market.
The report on the voice AI in smart homes market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voice AI in smart homes market vendors that include Amazon.com Inc., Apple Inc., Arlo Technologies Inc., Bose Corp., Control4 Corp., Crestron Electronics Inc., ecobee, General Electric Co., Google LLC, Huawei Technologies Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Microsoft Corp., Orange SA, Samsung Electronics Co. Ltd., Signify NV, Simplisafe Inc., Sonos Inc., and Wyze Labs Inc.. Also, the voice AI in smart homes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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