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Global Voice Controlled Devices Market 2024-2028

Publisher TechNavio
Published Nov 23, 2023
Length 152 Pages
SKU # INF18367030

Description

Global Voice Controlled Devices Market 2024-2028


The voice controlled devices market is forecasted to grow by USD 10.51 bn during 2023-2028, accelerating at a CAGR of 23.07% during the forecast period. The report on the voice controlled devices 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 convenience and improved user experience, rise in digital transformation initiatives, and rising tendency to use smart controlled devices.

Technavio's voice controlled devices market is segmented as below:

By Component
  • Hardware
  • Software
By Distribution Channel
  • Offline
  • Online
By Geography
  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the rising popularity of voice ecommerce as one of the prime reasons driving the voice controlled devices market growth during the next few years. Also, rising adoption of smart homes and expansion of multilingual voice assistants will lead to sizable demand in the market.

The report on the voice controlled devices market covers the following areas:
  • Voice controlled devices market sizing
  • Voice controlled devices market forecast
  • Voice controlled devices 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 controlled devices market vendors that include ABB Ltd., Alphabet Inc., Amazon.com Inc., Digi International Inc., Microsoft Corp., Samsung Electronics Co. Ltd., Sony Group Corp., STMicroelectronics International N.V., Xiaomi Communications Co. Ltd., and Pebble. Also, the voice controlled devices 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.

Table of Contents

152 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global voice controlled devices market 2018 - 2022
    • Component Segment Analysis 2018 - 2022
    • Distribution Channel Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Component
    • Hardware - Market size and forecast 2023-2028
    • Software - Market size and forecast 2023-2028
    • Market opportunity by Component
    • Market segments
    • Comparison by Distribution Channel
    • Offline - Market size and forecast 2023-2028
    • Online - Market size and forecast 2023-2028
    • Market opportunity by Distribution Channel
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2023-2028
    • APAC - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023- 2028
    • US - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • UK - Market size and forecast 2023-2028
    • Canada - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • ABB Ltd.
    • Alphabet Inc.
    • Amazon.com Inc.
    • Digi International Inc.
    • Microsoft Corp.
    • Pebble
    • Samsung Electronics Co. Ltd.
    • Sony Group Corp.
    • STMicroelectronics International N.V.
    • Xiaomi Communications Co. Ltd.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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