The Asia Pacific Voice User Interface Market is expected to witness market growth of 25.6% CAGR during the forecast period (2021-2027).
Voice user interface technologies such as Siri, Alexa, and Google assistant are considered as the new generation of Voice user interface technologies. These new-generation technologies are being used to convert speech recognition software analog into a digital format. Moreover, these technologies are also being integrated into automotive vehicles to assist users while driving. This is a key driver for the growth of the Voice user interface technology. These devices are designed in a way that they are capable of memorizing the voice of their owner. This capability of Voice user interface technology prevents unauthorized access.
APAC is the region with ongoing development across various countries that exist in the region. For instance, China is observing a significant rise for the demand of voice user interface. In addition, a huge population of the countries like India and China combined with ongoing technological developments and innovation is expected to play a major role in enhancing the demand of the voice user interface built digital devices across the region.
The China market dominated the Asia Pacific Voice User Interface Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $3.54 billion by 2027. The Japan market is poised to grow at CAGR of 25% during (2021 - 2027). Additionally, The India market is expected to experience a CAGR of 26.4% during (2021 - 2027).
Based on Vertical, the market is segmented into Consumer Electronic, Smart Speakers & E-commerce, Automotive & Transportation, Government & Defense Sector, Healthcare & Life Science, BFSI, Travel & Hospitality and Others. Based on Offering, the market is segmented into Solution and Service. Based on Application, the market is segmented into Smart Speakers, Interactive Voice Response, Voice Controlled Devices, Smartphone & Tablets and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Amazon.com, Inc., Apple, Inc., Google LLC, Baidu, Inc., Meta Platforms, Inc., Advanced Voice Recognition Systems, Inc., and SoundHound, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Consumer Electronic
- Smart Speakers & E-commerce
- Automotive & Transportation
- Government & Defense Sector
- Healthcare & Life Science
- BFSI
- Travel & Hospitality and
- Others
By Offering
- Solution
- Service
By Application
- Smart Speakers
- Interactive Voice Response
- Voice Controlled Devices
- Smartphone & Tablets
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Amazon.com, Inc.
- Apple, Inc.
- Google LLC
- Baidu, Inc.
- Meta Platforms, Inc.
- Advanced Voice Recognition Systems, Inc.
- SoundHound, Inc.
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
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- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- Microsoft Corporation
- Amazon.com, Inc.
- Apple, Inc.
- Google LLC
- Baidu, Inc.
- Meta Platforms, Inc.
- Advanced Voice Recognition Systems, Inc.
- SoundHound, Inc.
Methodology
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