UK AI Voice Assist Technology Market Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast to 2027 – Stillwater Current

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A voice assistant is a form of digital assistant that is developed using different technologies such as machine learning, artificial intelligence, and speech recognition technologies. The assistant follows and understands voice commands and helps with routine tasks such as placing online orders for a tangible good, scheduling appointments, serving as a hands-free facilitator, among others.

The UK AI voice assist technology market valuation was $ 1.68 billion in 2021 and is expected to reach $ 7.30 billion by 2027, registering a CAGR of + 24%.

Some of them include a growing need in contact centers, the need for an improved customer experience, the increase in speech recognition and speech recognition technologies, a growing trend towards automation and IoT, the adoption of smart homes, the increase in voice search cases, the increasing penetration of broadband connections and the Internet, SMEs and governments are investing heavily in technologies such as voice assistance, chatbot and NLP , growing use in healthcare and the voice assistant feature added as an upgrade in Amazon’s Alexa, Apple’s Siri, and Google’s Home Assistant.

The report titled “UK AI Voice Assistance Technology Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2021-2027” offers a holistic view of the UK AI Voice Assistance Technology industry encompassing many stakeholders, including raw material suppliers. , suppliers, distributors, consumers and government agencies, among others.

Key players

  • Cisco Systems Inc (United States)
  • Nuance Communications (United States)
  • Creative Virtual Ltd (UK)
  • Microsoft Corporation (United States)
  • Verint Systems Inc (United States)
  • IBM Corporation (United States)
  • Apple Inc (United States)
  • Amazon.com Inc (United States)
  • Google LLC (United States)

Further, the report includes detailed quantitative and qualitative analysis of the global Personal Care and Cosmetic Preservatives market considering the market history, product development, regional dynamics, competitive landscape, and key success factors. (KSF) in industry.

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The UK AI Voice Assistance Technology Market report summarizes the positive growth rate for the coming years and the market size with competitive analysis. Our experts analyzed the historical data to compare it to the current market scenario to calculate how the market will grow in the coming years. The study provides an exhaustive report which includes a summary, scope and forecast of the market.

Here are the main points covered in this report:

  • The number of procedures performed and the average cost.
  • Replacement rate and pricing for capital goods.
  • Commercial dynamics in relation to the market in question – Trends, drivers, constraints and opportunities.
  • New product launches, market and technological trends and innovation.

The report further elaborates with market SWOT analysis, investment viability analysis and ROI analysis and establishes a strategic perspective for the pandemic.

Market segmentation

By technology, the market is divided into text-to-speech recognition, speech recognition, speech recognition, natural language processing, and others. Among these, the text-to-speech segment will dominate the market during the forecast period.

By material, the market is divided into smartphones and tablets, set-top boxes, smart speakers and others. The smart speaker segment is further segmented into Netgear Orbi Voice, Google Assistant, JBL, Bixby, Nina, Alexa and Amazon Echo, Duer and others.

By application, the market is divided into websites, email bots, contact centers and others. Of these, websites will dominate the market during the forecast period.

By end user, the market is categorized into SMEs, large enterprises, individual users, and others. Among these, large companies will dominate the market during the forecast period.

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Regional analysis:

  • North America
  • United States,
  • Canada,
  • Mexico

Scope of the report: –

  • Resolve customer’s issues with the product or service.
  • Assessment of requirements for the introduction of innovation.
  • Market innovation success rate survey including market testing.

The report further elaborates with market SWOT analysis, investment viability analysis and ROI analysis and establishes a strategic perspective for the pandemic.

Reasons why you should buy this report:

  • It gives a forward-looking perspective on the modified variables that drive or control the development of the business sector.
  • It gives a conjecture over eight years studied according to the expected evolution of the market.
  • It helps to understand the key article sections and their future.
  • It gives an accurate investigation into the changing elements of rivalry and keeps you ahead of the competition.
  • It helps in making informed business choices by having full market knowledge and doing extensive research on the sections of the market.

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