Seattle, WA -- (SBWIRE) -- 11/08/2019 -- Voice assistant application is a virtual assistant or intelligent personal assistant platform that can perform tasks or services based on voice commands. The voice assistant application market analysis considers sales from individual users, small and medium-sized enterprises (SMEs), and large enterprises.

Virtual assistants are available across various smartphones and tablets, traditional computers, and, now, even on standalone devices like the Amazon Echo and Google Home. In these applications, a combination of specialized computer chips, microphones, and software listens to the specific spoken commands from users and typically answers back with a voice that is selected by the user.

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Increasing adoption of technically advanced mobile devices

Globally, the number of mobile subscribers has increased rapidly, and end-users are opting for technologically advanced mobile devices for both personal and professional use. This has led to an increase in the use of advanced assistive technologies such as voice assistant and biometric recognition.. Moreover, digital business support systems for telecommunication, BFSI, online gaming, and healthcare support service providers in reducing the complexities associated with developing and designing network and order management processes with the use of voice assistant application. Thus, such benefits are expected to boost market growth during the forecast period.

Integration of voice-controlled personal assistants with kitchen appliances

Various vendors are offering smart kitchen appliances that are compatible with voice-controlled personal assistants such as Google Assistant and Amazon Alexa. A voice-controlled personal assistant is a smart hub that links various internet-connected services and devices together. It allows users to control their smart appliances and devices with their voice commands using inbuilt or external voice assistive devices. This development is expected to have a positive impact on the overall market growth.

Market Segmentation:

By Component
Solution
Services

By Application
Mobile Application
Web Application
Devices

By Organization Size
Large Enterprises
Small and Medium Enterprises

By Deployment Mode
Cloud
On-Premise

Regional Outlook:

Various APAC countries, such as China, Japan, South Korea, Australia, Singapore, and India, have a large population, and they require NLP and Interactive Voice Response (IVR) platform-based voice assistant applications to track customers. Travel, healthcare, retail, and banking are the verticals driving the voice assistant application market in APAC.

Countries, such as China, Japan, and Australia, have a high penetration in the voice assistant application market and provide solutions that resolve the complex queries faced by customers. APAC countries have enormous potential to grow further, due to the fast adoption of technologies. To enhance their growth and increase the customer base, organizations have started implementing voice assistant solutions.

Key Players:

Some of the players operating in the voice assistant application market Apple, Inc., Amazon Web Services, Inc., Baidu, Inc, Google, LLC, IBM Corp., Microsoft, Motorola Solutions, Inc., Nuance Communications, Inc., Oracle, Orange, Orbita, Inc., Salesforce.com, Inc., SAMSUNG ELECTRONICS CO., LTD, SAP SE, SAS Institute Inc., Verbio Technologies, S.L. amongst others.

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