Voice User Interface Market 2024-2028
The voice user interface market is forecasted to grow by USD 29.02 billion during 2023-2028, accelerating at a CAGR of 22.44% during the forecast period. The report on the voice user interface 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 increasing digital transformation, increasing adoption of technology in the healthcare sector, and increasing adoption of technologically advanced mobile devices.
Technavio's voice user interface market is segmented as below:
By Application
- Smart speakers
- Interactive voice response
- Voice controlled devices
- Smart phones and tablets
- Others
By Type
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the growing demand for smart homes and the development of smart cities as one of the prime reasons driving the voice user interface market growth during the next few years. Also, the integration of voice-controlled personal assistants with kitchen appliances and the increasing popularity of voice commerce will lead to sizable demand in the market.
The report on the voice user interface market covers the following areas:
- Voice user interface market sizing
- Voice user interface market forecast
- Voice user interface market industry analysis
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 user interface market vendors that include Advanced Voice Recognition Systems Inc., Alan AI Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Baidu Inc., CastleOS Software LLC, International Business Machines Corp., Microsoft Corp., Picovoice Inc., Samsung Electronics Co. Ltd., Sonos Inc., SoundHound AI Inc., Speechly, Whatfix Pvt. Ltd., and Zaion SAS. Also, the voice user interface 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 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 and vendor landscape in addition to an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth