Adroit Market Research Global Smart Voice Assistant Market Google And Amazon Leading The Race Single Use License: US$ 5200 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Request Sample Adroit Market Research Smart Voice Assistant Market Size and Forecast 2019-2025 • Voice assistant is defined as digital assistant that uses speech synthesis, natural language processing (NLP) and most importantly voice recognition to offer a service through a particular application. When these voice assistants are smart they are called smart voice assistants or smart speakers and these are favorite adds when individuals build up their connected home. • The last product that is Smart voice assistants or smart speakers have emerged from two distinct places and for the sake of good order they’ve largely converged. The concept of a voice-controlled speaker was introduced with Alexa on the Amazon Echo and since then added to third-party speakers and Amazon Fire TV devices. Initially, everyone was looking up it as way to play streaming music since it started with a speaker. • It is a proven fact that voice assistants are of high significance and their application will continue to expand and become integrated into higher number of domains of our routine. However, it is relatively a narrow field which implies that abundant voice samples are required to create a model that can detect, comprehend and transcribe voice commands during varied circumstances with different accents. • The market for Smart voice assistant is segmented based regional analysis into North America, Europe, Asia Pacific, South America and Middle East and Africa. North America contributes the highest among these segments, followed by Europe and Asia Pacific. More than 60% of smart speaker owners make a purchase every once in a while. Browse the complete report on :https://www.adroitmarketresearch.com/industryreports/smart-voice-assistant-market +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Smart Voice Assistant Market Size and Forecast 2019-2025 • The most dominating category of products consumers prefer to buy is consumer packaged goods. Sale of consumer packaged products was seen growing by few percent through voice based shopping compared on online shopping on the same platforms in 2019. • The first organic search result on Google’s search engine results page gets more than 30% clicks. In voice search the scope is smaller thus making it extremely important for the market players to make the best use voice technology for shopping purposes. • The major driving factor of this growth is rising awareness about these devices with proper advertising and marketing and growing push for digital economy. Towards the end of 2019, it was foretell that voice tech pilot will be the foremost innovation in the realm of Smart Voice Assistant. • It is a proven fact that voice assistants are of high significance and their application will continue to expand and become integrated into higher number of domains of our routine. However, it is relatively a narrow field which implies that abundant voice samples are required to create a model that can detect, comprehend and transcribe voice commands during varied circumstances with different accents. +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Key segments of the Smart Voice Assistant Market • Hence, voice assistants suffer from the confined limits of deep learning algorithms which manifest they work in boundaries of distinct domains that they’ve been trained for. When encountered with unfamiliar situation of not knowing a command, they’ll either start acting in erratic ways or fail. • However, it is relatively a narrow field which implies that abundant voice samples are required to create a model that can detect, comprehend and transcribe voice commands during varied circumstances with different accents. • To be clear, voice assistants are very useful and their application will continue to expand and become integrated into an increasing number of domains in our daily lives, but not in the omnipresent way that an AI assistant implies. • Realizing the momentum with which this technology is influencing the markets, the key players and the consumers recently, Google enhanced its AI-powered Google assistant’s understanding of the English language with an accuracy rate of more than 90 percent and a word error rate of less than 5 percent. Purchase a single user copy of the Smart Voice Assistant Market report @ https://www.adroitmarketresearch.com/researchreport/purchase/774 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research About Us Contact Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. US Headquarters 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 [email protected] Phone: +1 (214) 884-6068 Email: [email protected] www.adroitmarketresearch.com

Smart Voice Assistant Market 2019 report gives distinctive insights market worldwide competition. Focusing on objectives of this report is to categorize dynamics of the market and to supply latest updates like mergers and acquisitions, numerous technological developments, new entrants within the market, that create an impression on totally different segments of the market. This report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments.