Global Voice Assistant Market, By Technology (Speech Recognition, Text to Speech Recognition, Voice Recognition & Natural Language Processing), By Application (Messenger Bots, Websites, Contact Centers & Others), By End User, By Region, Competition, Forecast & Opportunities, 2024

Global voice assistant market is projected to exhibit a CAGR of over 30% during the forecast period, growing from $ 1.2 billion in 2018 to $ 5.4 billion by 2024, on account of increasing proliferation of smartphones and advanced features such as ability to recognize different languages, respond via text or voice. Voice assistants are programs that can perform a variety of tasks ranging from placing an order online to scheduling an appointment. Voice assistant has application in various end user verticals, such as Large Enterprise, SME and Individual Users.

Global voice assistant market can be segmented based on technology, application and end user. On the basis of technology, the market can be segmented into speech recognition, text to speech recognition, voice recognition and natural language processing. Text to speech recognition is the leading segment in global voice assistant market, as it makes easier for customers to interact with smartphones and its customers. On the basis of application, the market can be classified into message bots, websites, contact centers and others. Websites segment is expected to register the fastest growth during forecast period, owing to high consumer inclination towards self service options.

Regionally, the market for voice assistant is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and the Middle East & Africa. Owing to the vast base of smartphone users and presence of leading players in the region, North America is anticipated to dominate global voice assistant market in coming years. Asia-Pacific voice assistant market is likely to witness significant adoption of voice assistants during the forecast period, on the back of increasing demand from emerging economies such as India and China.

Major players operating in global voice assistant market include Apple Inc., Google LLC, Microsoft Corporation, Amazon Webservices, Inc., Nuance Communications Inc., Samsung Electronics Co., Ltd, Orange SA, Oracle Corporation, SAP SE, Next IT Corporation (Verint System Inc.), etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. Assistants such as Google Assistance, Apple Siri and Microsoft Cortana have been introduced by players operating in the market.
 

Years considered for this report:
 

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
 

Objective of the Study:
 

• To analyze and forecast global voice assistant market size.
• To classify and forecast global voice assistant market based on technology, application, end user and regional distribution.
• To identify drivers and challenges for global voice assistant market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global voice assistant market.
• To conduct the pricing analysis for global voice assistant market.
• To identify and analyze the profile of leading players operating in global voice assistant market.
Some of the leading players in global voice assistant market include Amazon Inc., Apple Inc., Google Inc., Nuance Communications, Microsoft Corp., Samsung Group, Orange S.A., Sony Corp., Alibaba Group Holding Ltd., Motorola Solutions, Inc., Next IT Corp., etc.

It performed both primary as well as exhaustive secondary research for this study. Initially, It sourced a list of service providers across the globe. Subsequently, It conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, It could include the service providers which could not be identified due to the limitations of secondary research. It analyzed the service offerings, distribution channels and presence of all major service providers across the globe.
It calculated global voice assistant market size by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. It sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by It.
 

Key Target Audience:
 

• Voice assistant module designers and providers
• Start-up companies
• Research organizations and consulting companies
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to voice assistant market
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
 

Report Scope:
 

In this report, global voice assistant market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
 

• Market, by Technology:
o Speech Recognition
o Text to Speech Recognition
o Voice Recognition
o Natural Language Processing
• Market, by Application:
o Messenger Bots
o Websites
o Contact Centers
o Others
• Market, by End User:
o SME
o Large Enterprise
o Individual User
• Market, by Region:
o North America
? United States
? Canada
? Mexico
o Europe
? United Kingdom
? Germany
? France
? Italy
? Spain
o Asia-Pacific
? China
? Japan
? India
? Australia
? South Korea
o Middle East & Africa
? Israel
? UAE
? Saudi Arabia
? South Africa
o South America
? Brazil
? Argentina
? Colombia
 

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global voice assistant market.
Available Customizations:
With the given market data, It offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
 

1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Voice Assistant Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Technology (Speech Recognition; Text to speech Recognition; Voice Recognition; Natural Language Processing)
5.2.2. By Application (Messenger Bots; Websites; Contact Centers; Others)
5.2.3. By End User (SME; Large Enterprise; Individual User)
5.2.4. By Region
5.2.5. By Company (2018)
5.3. Market Mapping
6. North America Voice Assistant Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Technology
6.2.2. By Application
6.2.3. By End User
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Voice Assistant Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Technology
6.3.1.2.2. By Application
6.3.2. Canada Voice Assistant Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Technology
6.3.2.2.2. By Application
6.3.3. Mexico Voice Assistant Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Technology
6.3.3.2.2. By Application
7. Europe Voice Assistant Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Technology
7.2.2. By Application
7.2.3. By End User
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. United Kingdom Voice Assistant Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Technology
7.3.1.2.2. By Application
7.3.2. Germany Voice Assistant Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Technology
7.3.2.2.2. By Application
7.3.3. France Voice Assistant Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Technology
7.3.3.2.2. By Application
7.3.4. Spain Voice Assistant Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Technology
7.3.4.2.2. By Application
7.3.5. Italy Voice Assistant Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Technology
7.3.5.2.2. By Application
8. Asia-Pacific Voice Assistant Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Technology
8.2.2. By Application
8.2.3. By End User
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Voice Assistant Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Technology
8.3.1.2.2. By Application
8.3.2. Japan Voice Assistant Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Technology
8.3.2.2.2. By Application
8.3.3. India Voice Assistant Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Technology
8.3.3.2.2. By Application
8.3.4. South Korea Voice Assistant Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Technology
8.3.4.2.2. By Application
8.3.5. Australia Voice Assistant Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Technology
8.3.5.2.2. By Application
9. Middle East & Africa Voice Assistant Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Technology
9.2.2. By Application
9.2.3. By End User
9.2.4. By Country
9.3. MEA: Country Analysis
9.3.1. Israel Voice Assistant Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Technology
9.3.1.2.2. By Application
9.3.2. UAE Voice Assistant Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Technology
9.3.2.2.2. By Application
9.3.3. Saudi Arabia Voice Assistant Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Technology
9.3.3.2.2. By Application
9.3.4. South Africa Voice Assistant Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Technology
9.3.4.2.2. By Application
10. South America Voice Assistant Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Technology
10.2.2. By Application
10.2.3. By End User
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Voice Assistant Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Technology
10.3.1.2.2. By Application
10.3.2. Argentina Voice Assistant Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Technology
10.3.2.2.2. By Application
10.3.3. Colombia Voice Assistant Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Technology
10.3.3.2.2. By Application
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Apple Inc.
13.2.2. Google LLC
13.2.3. Microsoft Corporation
13.2.4. Amazon Webservices, Inc.
13.2.5. Nuance Communications Inc.
13.2.6. Samsung Electronics Co., Ltd
13.2.7. Orange SA
13.2.8. Oracle Corporation
13.2.9. SAP SE
13.2.10. Next IT Corp.
14. Strategic Recommendations
 


List Of Figures

Figure 1: Global Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 2: Global Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 3: Global Voice Assistant Market Share, By Application, By Value, 2018 & 2024F
Figure 4: Global Voice Assistant Market Share, By End User, By Value, 2018 & 2024F
Figure 5: Global Voice Assistant Market Share, By Region, By Value, 2014-2024F
Figure 6: Global Voice Assistant Market Share, By Company, By Value, 2018
Figure 7: Technology Map-Market Size (USD Million) & Growth Rate (%)
Figure 8: Application Map-Market Size (USD Million) & Growth Rate (%)
Figure 9: Service Type Map-Market Size (USD Million) & Growth Rate (%)
Figure 10: Region Map-Market Size (USD Million) & Growth Rate (%)
Figure 11: North America Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 12: North America Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 13: North America Voice Assistant Market Share, By Application, By Value, 2018 & 2024F
Figure 14: North America Voice Assistant Market Share, By End User, By Value, 2018 & 2024F
Figure 15: North America Voice Assistant Market Share, By Country, By Value, 2014-2024F
Figure 16: United States Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 17: United States Internet Penetration, 2015-2018
Figure 18: United States Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 19: United States Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 20: Canada Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 21: Canada Smartphone Users, 2014-2022F (Million)
Figure 22: Canada Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 23: Canada Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 24: Mexico Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 25: Mexico Smart Phone Penetration, 2015-2018
Figure 26: Mexico Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 27: Mexico Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 28: Europe Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 29: Europe Top 5 Smart Home Vendor Shipments (Thousand Units), 2Q2019
Figure 30: Europe Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 31: Europe Voice Assistant Market Share, By Application, By Value, 2018 & 2024F
Figure 32: Europe Voice Assistant Market Share, By End User, By Value, 2018 & 2024F
Figure 33: Europe Voice Assistant Market Share, By Country, By Value, 2014-2024F
Figure 34: United Kingdom Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 35: United Kingdom Mobile Cellular Phone Subscriptions (Million Units), 2015-2018
Figure 36: United Kingdom Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 37: United Kingdom Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 38: Germany Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 39: Germany Mobile Cellular Phone Subscriptions (Million Units), 2015-2018
Figure 40: Germany Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 41: Germany Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 42: France Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 43: France Internet Penetration, 2015-2018
Figure 44: France Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 45: France Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 46: Italy Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 47: Italy Fixed Broadband Subscribers (Million), 2015-2018
Figure 48: Italy Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 49: Italy Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 50: Spain Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 51: Spain Internet Usage Percentage of Population, By Age Range, 2018 (%)
Figure 52: Spain Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 53: Spain Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 54: Asia-Pacific Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 55: Asia-Pacific Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 56: Asia-Pacific Voice Assistant Market Share, By Application, By Value, 2018 & 2024F
Figure 57: Asia-Pacific Voice Assistant Market Share, By End User, By Value, 2018 & 2024F
Figure 58: Asia-Pacific Voice Assistant Market Share, By Country, By Value, 2014-2024F
Figure 59: China Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 60: China Retail E-Commerce Sales, By Value, 2014-2022F (USD Billion)
Figure 61: China Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 62: China Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 63: Japan Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 64: Japan Internet Penetration, 2015-2018
Figure 65: Japan Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 66: Japan Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 67: India Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 68: India Mobile Cellular Phone Subscriptions (Million Units), 2015-2018
Figure 69: India Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 70: India Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 71: Australia Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 72: Australia Fixed Broadband Subscribers (Million), 2015-2018
Figure 73: Australia Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 74: Australia Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 75: South Korea Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 76: South Korea Smartphone Users, 2014-2022F (Million Individuals)
Figure 77: South Korea Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 78: South Korea Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 79: Middle East & Africa Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 80: Middle East and Africa Smart Home Shipments (Million Units), 2013-2017
Figure 81: Middle East & Africa Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 82: Middle East & Africa Voice Assistant Market Share, By Application, By Value, 2018 & 2024F
Figure 83: Middle East & Africa Voice Assistant Market Share, By End User, By Value, 2018 & 2024F
Figure 84: Middle East & Africa Voice Assistant Market Share, By Country, By Value, 2014-2024F
Figure 85: Israel Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 86: Israel Fixed Broadband Subscribers (Million), 2015-2018
Figure 87: Israel Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 88: Israel Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 89: UAE Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 90: United Arab Emirates Mobile Cellular Phone Subscriptions (Million Units), 2015-2018
Figure 91: UAE Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 92: UAE Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 93: Saudi Arabia Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 94: Saudi Arabia Internet Penetration, 2015-2018
Figure 95: Saudi Arabia Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 96: Saudi Arabia Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 97: South Africa Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 98: South Africa Mobile Cellular Phone Subscriptions (Million Units), 2015-2018
Figure 99: South Africa Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 100: South Africa Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 101: South America Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 102: South America ICT Market Size (USD Billion), 2017 & 2018.
Figure 103: South America Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 104: South America Voice Assistant Market Share, By Application, By Value, 2018 & 2024F
Figure 105: South America Voice Assistant Market Share, By End User, By Value, 2018 & 2024F
Figure 106: South America Voice Assistant Market Share, By Country, By Value, 2014-2024F
Figure 107: Brazil Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 108: Brazil Internet Penetration, 2015-2018
Figure 109: Brazil Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 110: Brazil Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 111: Argentina Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 112: Argentina Mobile Cellular Phone Subscriptions (Million Units), 2015-2018
Figure 113: Argentina Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 114: Argentina Voice Assistant Market Share, By Application, By Value, 2014-2024F
Figure 115: Colombia Voice Assistant Market Size, By Value, 2014-2024F (USD Million)
Figure 116: Colombia Mobile Cellular Phone Subscriptions (Million Units), 2015-2018
Figure 117: Colombia Voice Assistant Market Share, By Technology, By Value, 2018 & 2024F
Figure 118: Colombia Voice Assistant Market Share, By Application, By Value, 2014-2024F
 


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