What is Global Intelligent Digital Voice Assistant Market?
The Global Intelligent Digital Voice Assistant Market is a rapidly expanding sector that focuses on the development and distribution of smart voice-activated technologies. These technologies, often referred to as 'digital voice assistants', are designed to perform tasks or services for an individual based on voice commands. They can range from answering questions, setting reminders, playing music, or even controlling other smart devices in a home or office. The market is global in nature, meaning it encompasses the production, distribution, and use of these technologies across the world. In 2023, the market was valued at a substantial US$ 2480 million, indicating a high demand and usage of these digital voice assistants. The market is expected to grow exponentially, with projections estimating it to reach a staggering US$ 9239.4 million by 2030. This growth is attributed to the increasing integration of digital voice assistants in various sectors, including residential, commercial, medical, and industrial.
Mobile App-based Assistants, PC OS-based Assistants, Automotive Assistants, Others in the Global Intelligent Digital Voice Assistant Market:
The Global Intelligent Digital Voice Assistant Market is segmented into various categories based on the platform of use. These include Mobile App-based Assistants, PC OS-based Assistants, Automotive Assistants, and others. Mobile App-based Assistants are digital voice assistants that are integrated into mobile applications. They are designed to perform tasks on mobile devices based on voice commands. PC OS-based Assistants, on the other hand, are integrated into the operating systems of personal computers. They perform tasks on the computer based on voice commands. Automotive Assistants are digital voice assistants that are integrated into vehicles. They perform tasks in the vehicle, such as navigation or entertainment, based on voice commands. Other platforms of use include smart home devices, wearable devices, and more. Each of these platforms offers unique opportunities and challenges for the development and distribution of digital voice assistants.
Residential, Commercial, Medical, Industrial, Others in the Global Intelligent Digital Voice Assistant Market:
The usage of the Global Intelligent Digital Voice Assistant Market extends to various areas including Residential, Commercial, Medical, Industrial, and others. In the Residential sector, digital voice assistants are used in smart homes to control various devices and perform tasks based on voice commands. In the Commercial sector, they are used in offices and businesses to perform tasks such as scheduling meetings, answering calls, and more. In the Medical sector, digital voice assistants are used in hospitals and clinics to assist with patient care, record keeping, and more. In the Industrial sector, they are used in factories and warehouses to control machinery, manage inventory, and more. Other areas of use include education, entertainment, and more. Each of these areas presents unique opportunities and challenges for the development and distribution of digital voice assistants.
Global Intelligent Digital Voice Assistant Market Outlook:
Looking at the market outlook for the Global Intelligent Digital Voice Assistant Market, it's clear that this sector is set for significant growth. In 2023, the market was valued at US$ 2480 million. This already impressive figure is projected to almost quadruple by 2030, reaching an estimated value of US$ 9239.4 million. This represents a compound annual growth rate (CAGR) of 24.4% during the forecast period from 2024 to 2030. This substantial growth is a testament to the increasing demand and usage of digital voice assistants across various sectors. It also indicates the potential for further growth and development in this market.
| Report Metric | Details |
| Report Name | Intelligent Digital Voice Assistant Market |
| Accounted market size in 2023 | US$ 2480 million |
| Forecasted market size in 2030 | US$ 9239.4 million |
| CAGR | 24.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| By Region |
|
| By Company | Amazon, Apple, Google, IBM, Microsoft, Conversica, Oracle, Yandex, Artificial Solutions, Nuance, Robin Labs, Samsung, Sherpa, SoundHound, InGen Dynamics, Alibaba, Baidu, Huawei, Xiaomi, LingLong, Verint Systems, Nokia, Orange |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
