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Global Voice Assistant Application Market Size study, by Component (Solutions, Services), by Deployment Mode (On-premises, Cloud), by Organization Size (Small and Medium-sized Enterprises, Large Enterprises), by Channel Integration (Websites, Mobile Applications, Contact Centers, Smart Speakers, Social Media), by Application Area (Smart Retail and eCommerce, Smart Banking, Connected Healthcare, Smart Transportation, Smart Manufacturing, Smart Learning, Others), and Regional Forecasts 2021-2027

November 2021 | 200 pages | ID: G5043C7C3E60EN
Bizwit Research & Consulting LLP

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Global voice assistant application market is valued approximately at USD 2.1 billion in 2020 and is anticipated to grow with a healthy growth rate of about 32.4% over the forecast period 2021-2027. Voice assistant applications are designed to give conversational interactions to the user by offering voice searching, voice commands, and voice-activated device control. The global voice assistant application market is being driven by advancements in voice-based AI technologies and emergence of low-code platforms for voice-assistant applications. Furthermore, increase in online purchasing will provide new opportunities for the global voice assistant application industry. Voice assistant applications push companies and products to interact with customers in a more conversational way while doing online purchase. According to the Statista, the total retail e-commerce sales across the globe is expected to increase from USD 4.28 trillion in 2020 to about USD 5.4 trillion by 2022. Such growth in the online purchasing is further expected to increase the demand and adoption of voice assistant application to enhance user experience which and hence this is likely to boost the market growth during the forecast period. However, dearth of complete accuracy in user’s voice authentication may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global voice assistant application market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global voice assistant application market over the forecast period 2021-2027. Factors such as fast adoption of the latest technologies such as cloud computing, mobile devices, and IoT within enterprises, technological advancements and innovations, presence of majority of the key market players across North America, etc. contribute towards the largest market share of the region in the forecast years.

Major market player included in this report are:
[24]7.ai
Aivo
AWS
Apple
Avaamo
Avaya
Baidu
Cisco
Clinc
Creative Virtual

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Solutions
Services
By Deployment Mode:
On-premises
Cloud
By Organization Size:
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By Channel Integration:
Websites
Mobile Applications
Contact Centers
Smart Speakers
Social Media
By Application Area:
Smart Retail and eCommerce
Smart Banking
Connected Healthcare
Smart Transportation
Smart Manufacturing
Smart Learning
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Voice Assistant Application Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Voice Assistant Application Market, by Region, 2019-2027 (USD Billion)
  1.2.2. Voice Assistant Application Market, by Component, 2019-2027 (USD Billion)
  1.2.3. Voice Assistant Application Market, by Deployment Mode, 2019-2027 (USD Billion)
  1.2.4. Voice Assistant Application Market, by Organization Size, 2019-2027 (USD Billion)
  1.2.5. Voice Assistant Application Market, by Channel Integration, 2019-2027 (USD Billion)
  1.2.6. Voice Assistant Application Market, by Application Area, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL VOICE ASSISTANT APPLICATION MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL VOICE ASSISTANT APPLICATION MARKET DYNAMICS

3.1. Voice Assistant Application Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Advancements in voice-based AI technologies
    3.1.1.2. Emergence of low-code platforms for voice-assistant applications
  3.1.2. Market Restraint
    3.1.2.1. Dearth of complete accuracy in user’s voice authentication
  3.1.3. Market Opportunities
    3.1.3.1. Increase in online purchasing

CHAPTER 4. GLOBAL VOICE ASSISTANT APPLICATION MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL VOICE ASSISTANT APPLICATION MARKET, BY COMPONENT

a. Market Snapshot
5.1. Global Voice Assistant Application Market by Component, Performance - Potential Analysis
5.2. Global Voice Assistant Application Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
5.3. Voice Assistant Application Market, Sub Segment Analysis
  5.3.1. Solutions
  5.3.2. Services

CHAPTER 6. GLOBAL VOICE ASSISTANT APPLICATION MARKET, BY DEPLOYMENT MODE

b. Market Snapshot
6.1. Global Voice Assistant Application Market by Deployment Mode, Performance - Potential Analysis
6.2. Global Voice Assistant Application Market Estimates & Forecasts by Deployment Mode 2018-2027 (USD Billion)
6.3. Voice Assistant Application Market, Sub Segment Analysis
  6.3.1. On-premises
  6.3.2. Cloud

CHAPTER 7. GLOBAL VOICE ASSISTANT APPLICATION MARKET, BY ORGANIZATION SIZE

c. Market Snapshot
7.1. Global Voice Assistant Application Market by Organization Size, Performance - Potential Analysis
7.2. Global Voice Assistant Application Market Estimates & Forecasts by Organization Size 2018-2027 (USD Billion)
7.3. Voice Assistant Application Market, Sub Segment Analysis
  7.3.1. Small and Medium-sized Enterprises (SMEs)
  7.3.2. Large Enterprises

CHAPTER 8. GLOBAL VOICE ASSISTANT APPLICATION MARKET, BY CHANNEL INTEGRATION

d. Market Snapshot
8.1. Global Voice Assistant Application Market by Channel Integration, Performance - Potential Analysis
8.2. Global Voice Assistant Application Market Estimates & Forecasts by Channel Integration 2018-2027 (USD Billion)
8.3. Voice Assistant Application Market, Sub Segment Analysis
  8.3.1. Websites
  8.3.2. Mobile Applications
  8.3.3. Contact Centers
  8.3.4. Smart Speakers
  8.3.5. Social Media

CHAPTER 9. GLOBAL VOICE ASSISTANT APPLICATION MARKET, BY APPLICATION AREA

e. Market Snapshot
9.1. Global Voice Assistant Application Market by Application Area, Performance - Potential Analysis
9.2. Global Voice Assistant Application Market Estimates & Forecasts by Application Area 2018-2027 (USD Billion)
9.3. Voice Assistant Application Market, Sub Segment Analysis
  9.3.1. Smart Retail and eCommerce
  9.3.2. Smart Banking
  9.3.3. Connected Healthcare
  9.3.4. Smart Transportation
  9.3.5. Smart Manufacturing
  9.3.6. Smart Learning
  9.3.7. Others

CHAPTER 10. GLOBAL VOICE ASSISTANT APPLICATION MARKET, REGIONAL ANALYSIS

10.1. Voice Assistant Application Market, Regional Market Snapshot
10.2. North America Voice Assistant Application Market
  10.2.1. U.S. Voice Assistant Application Market
    10.2.1.1. Component breakdown estimates & forecasts, 2018-2027
    10.2.1.2. Deployment Mode breakdown estimates & forecasts, 2018-2027
    10.2.1.3. Organization Size breakdown estimates & forecasts, 2018-2027
    10.2.1.4. Channel Integration breakdown estimates & forecasts, 2018-2027
    10.2.1.5. Application Area breakdown estimates & forecasts, 2018-2027
  10.2.2. Canada Voice Assistant Application Market
10.3. Europe Voice Assistant Application Market Snapshot
  10.3.1. U.K. Voice Assistant Application Market
  10.3.2. Germany Voice Assistant Application Market
  10.3.3. France Voice Assistant Application Market
  10.3.4. Spain Voice Assistant Application Market
  10.3.5. Italy Voice Assistant Application Market
  10.3.6. Rest of Europe Voice Assistant Application Market
10.4. Asia-Pacific Voice Assistant Application Market Snapshot
  10.4.1. China Voice Assistant Application Market
  10.4.2. India Voice Assistant Application Market
  10.4.3. Japan Voice Assistant Application Market
  10.4.4. Australia Voice Assistant Application Market
  10.4.5. South Korea Voice Assistant Application Market
  10.4.6. Rest of Asia Pacific Voice Assistant Application Market
10.5. Latin America Voice Assistant Application Market Snapshot
  10.5.1. Brazil Voice Assistant Application Market
  10.5.2. Mexico Voice Assistant Application Market
10.6. Rest of The World Voice Assistant Application Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. [24]7.ai
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Aivo
  11.2.3. AWS
  11.2.4. Apple
  11.2.5. Avaamo
  11.2.6. Avaya
  11.2.7. Baidu
  11.2.8. Cisco
  11.2.9. Clinc
  11.2.10. Creative Virtual

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 2. Global Voice Assistant Application Market, report scope
TABLE 3. Global Voice Assistant Application Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 4. Global Voice Assistant Application Market estimates & forecasts by Component 2018-2027 (USD Billion)
TABLE 5. Global Voice Assistant Application Market estimates & forecasts by Deployment Mode 2018-2027 (USD Billion)
TABLE 6. Global Voice Assistant Application Market estimates & forecasts by Organization Size 2018-2027 (USD Billion)
TABLE 7. Global Voice Assistant Application Market estimates & forecasts by Channel Integration 2018-2027 (USD Billion)
TABLE 8. Global Voice Assistant Application Market estimates & forecasts by Application Area 2018-2027 (USD Billion)
TABLE 9. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. Global Voice Assistant Application Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 24. Global Voice Assistant Application Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 25. U.S. Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. U.S. Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. U.S. Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. Canada Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. Canada Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. Canada Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. UK Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. UK Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. UK Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. Germany Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. Germany Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. Germany Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. France Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. France Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. France Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Spain Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. Spain Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Spain Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Italy Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. Italy Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Italy Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. ROE Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. ROE Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. ROE Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. China Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. China Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. China Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. India Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. India Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. India Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Japan Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 56. Japan Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 57. Japan Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. Australia Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 59. Australia Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 60. Australia Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. South Korea Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 62. South Korea Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 63. South Korea Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. ROPAC Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 65. ROPAC Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 66. ROPAC Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Brazil Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 68. Brazil Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 69. Brazil Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. Mexico Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 71. Mexico Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 72. Mexico Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROLA Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 74. ROLA Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 75. ROLA Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. ROW Voice Assistant Application Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 77. ROW Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 78. ROW Voice Assistant Application Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 79. List of secondary sources used in the study of global Voice Assistant Application Market.
TABLE 80. List of primary sources used in the study of global Voice Assistant Application Market.
TABLE 81. Years considered for the study.
TABLE 82. Exchange rates considered.


LIST OF FIGURES

FIG 1. Global Voice Assistant Application Market, research methodology
FIG 2. Global Voice Assistant Application Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Voice Assistant Application Market, key trends 2020
FIG 5. Global Voice Assistant Application Market, growth prospects 2021-2027
FIG 6. Global Voice Assistant Application Market, porters 5 force model
FIG 7. Global Voice Assistant Application Market, pest analysis
FIG 8. Global Voice Assistant Application Market, value chain analysis
FIG 9. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 15. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 16. Global Voice Assistant Application Market by segment, 2018 & 2027 (USD Billion)
FIG 17. Global Voice Assistant Application Market, regional snapshot 2018 & 2027
FIG 18. North America Voice Assistant Application Market2018 & 2027 (USD Billion)
FIG 19. Europe Voice Assistant Application Market2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Voice Assistant Application Market2018 & 2027 (USD Billion)
FIG 21. Latin America Voice Assistant Application Market2018 & 2027 (USD Billion)
FIG 22. Global Voice Assistant Application Market, company market share analysis (2020)

















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