Voice Assistant Application Market by Offering, Organization Size, Deployment, Integration Sites, End-User

List of Tables

The Voice Assistant Application Market is projected to reach USD 29.67 billion by 2030 from USD 3.22 billion in 2022, at a CAGR of 31.99% during the forecast period.

Global Voice Assistant Application Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 3.22 billion
Estimated Year Value [2023]	USD 4.20 billion
Forecast Year Value [2030]	USD 29.67 billion
CAGR (%)	31.99%

Voice Assistant Application Market - IMG1

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Voice Assistant Application Market.

Based on Offering, market is studied across Services and Solutions. The Services is further studied across Consulting, Implementation, and Support & Maintenance. The Solutions is further studied across Integrated and Standalone. The Services is projected to witness significant market share during forecast period.

Based on Organization Size, market is studied across Large Enterprises and Small and Medium-sized Enterprises (SMEs). The Small and Medium-sized Enterprises (SMEs) is projected to witness significant market share during forecast period.

Based on Deployment, market is studied across On-Cloud and On-Premises. The On-Cloud is projected to witness significant market share during forecast period.

Based on Integration Sites, market is studied across Contact Centers, Mobile Applications, Smart Speakers, Social Media, and Websites. The Smart Speakers is projected to witness significant market share during forecast period.

Based on End-User, market is studied across BFSI, Healthcare, Manufacturing, Media & Entertainment, Retail, and Telecom & IT. The BFSI is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Voice Assistant Application Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Voice Assistant Application Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Voice Assistant Application Market, highlighting leading vendors and their innovative profiles. These include AIVO, Amazon Web Services, Inc., Apple Inc., Avaamo, Inc., Avaya LLC, Baidu, Inc., Cisco Systems, Inc., Creative Virtual Ltd, ELSA Corp., Google LLC, HAPTIK by Reliance Industries Limited, IBM Corporation, Inbenta Holdings Inc., KATA by PT Yesboss Group Indonesia, Let's Nurture Infotech Pvt Ltd., Microsoft Corporation, MIndsay by Laiye Technology, Nuance Communications Inc., Oracle Corporation, Rasa Technologies Inc., Robin Assistant by Bemika Software, Salesforce.com, Inc., Samsung Group, SAP SE, Sherpa, Slang Labs, SoundHound AI Inc., Verbio Technologies, S.L., Youper Inc., and ZAION SAS.

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Voice Assistant Application Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Voice Assistant Application Market?

3. What is the competitive strategic window for identifying opportunities in the Voice Assistant Application Market?

4. What are the latest technology trends and regulatory frameworks in the Voice Assistant Application Market?

5. What is the market share of the leading vendors in the Voice Assistant Application Market?

6. Which modes and strategic moves are suitable for entering the Voice Assistant Application Market?

Product Code: MRR-961BA04A2EFB

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Voice Assistant Application Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Adoption of voice-assisted applications in smartphones and smart devices
  - 5.1.1.2. Increasing use for operational and business management worldwide
  - 5.1.1.3. Deployment of voice-assisted applications in healthcare applications
- 5.1.2. Restraints
  - 5.1.2.1. Lack of accuracy in voice recognition
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing advancements in voice-assisted applications
  - 5.1.3.2. Government focus on smart cities and industrial digitalization
- 5.1.4. Challenges
  - 5.1.4.1. Data security and interaction issues associated with voice-assisted applications
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Voice Assistant Application Market, by Offering

6.1. Introduction
6.2. Services
- 6.3.1. Consulting
- 6.3.2. Implementation
- 6.3.3. Support & Maintenance
6.3. Solutions
- 6.4.1. Integrated
- 6.4.2. Standalone

7. Voice Assistant Application Market, by Organization Size

7.1. Introduction
7.2. Large Enterprises
7.3. Small and Medium-sized Enterprises (SMEs)

8. Voice Assistant Application Market, by Deployment

8.1. Introduction
8.2. On-Cloud
8.3. On-Premises

9. Voice Assistant Application Market, by Integration Sites

9.1. Introduction
9.2. Contact Centers
9.3. Mobile Applications
9.4. Smart Speakers
9.5. Social Media
9.6. Websites

10. Voice Assistant Application Market, by End-User

10.1. Introduction
10.2. BFSI
10.3. Healthcare
10.4. Manufacturing
10.5. Media & Entertainment
10.6. Retail
10.7. Telecom & IT

11. Americas Voice Assistant Application Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Voice Assistant Application Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Voice Assistant Application Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player

15. Competitive Portfolio

15.1. Key Company Profiles
- 15.1.1. AIVO
- 15.1.2. Amazon Web Services, Inc.
- 15.1.3. Apple Inc.
- 15.1.4. Avaamo, Inc.
- 15.1.5. Avaya LLC
- 15.1.6. Baidu, Inc.
- 15.1.7. Cisco Systems, Inc.
- 15.1.8. Creative Virtual Ltd
- 15.1.9. ELSA Corp.
- 15.1.10. Google LLC
- 15.1.11. HAPTIK by Reliance Industries Limited
- 15.1.12. IBM Corporation
- 15.1.13. Inbenta Holdings Inc.
- 15.1.14. KATA by PT Yesboss Group Indonesia
- 15.1.15. Let's Nurture Infotech Pvt Ltd.
- 15.1.16. Microsoft Corporation
- 15.1.17. MIndsay by Laiye Technology
- 15.1.18. Nuance Communications Inc.
- 15.1.19. Oracle Corporation
- 15.1.20. Rasa Technologies Inc.
- 15.1.21. Robin Assistant by Bemika Software
- 15.1.22. Salesforce.com, Inc.
- 15.1.23. Samsung Group
- 15.1.24. SAP SE
- 15.1.25. Sherpa
- 15.1.26. Slang Labs
- 15.1.27. SoundHound AI Inc.
- 15.1.28. Verbio Technologies, S.L.
- 15.1.29. Youper Inc.
- 15.1.30. ZAION SAS
15.2. Key Product Portfolio

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing