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2021
Voice User Interface Market

Voice User Interface Market by Offering (Solution and Service), Application (Smart Speakers, Interactive Voice Response, Voice Controlled Devices, Smartphone’s & Tablets, and Others), Industry Vertical (BFSI, Retail & E-commerce, Consumer Electronics, Automotive & Transportation, Healthcare & Life Sciences, Travel & Hospitality, and Government & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12381
Pages: 325
Jul 2021 | 675 Views
   
Author(s) : Pramod Borasi, Himanshu Jangra , Vineet Kumar
Tables: 142
Charts: 84
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Voice User Interface Market Insights - 2030

Global voice user interface market size was valued at $13.65 billion in 2020, and is projected to reach $95.41 billion by 2030, registering a CAGR of 21.5% from 2021 to 2030. A voice user interface (VUI) is a designed practice that allows users to interact with a system using speech recognition capabilities to assist users to access their smart device. This interface uses speech recognition to perceive spoken commands and improves the integration of voice into the Internet of Things applications. Furthermore, technological advancement in consumer electronics, graphics processing, and cloud computing has propelled the adoption of artificial intelligence, machine learning, and speech recognition-based technology in consumer electronic sector that help to reveal the potential of voice user interface-based digital application technology. Moreover, second generation VUIs such as Alexa, Siri, and Google Assistant are a new generation voice user interface used to convert speech recognition software analog into a digital format. In addition, rise in incorporation of virtual assistant into automotive vehicles in acting as a prime driver results in growing demand for the voice user interface. 

The ongoing crisis has created the need for enhancing the voice assistant solution to become future-ready for upcoming uncertainties. Moreover, rise in demand for voice-controlled device paired with interactive voice response application in residential, BFSI, and commercial sectors is expected to offer potential growth opportunities to the market, by the end of 2021.

The primary advantage of voice user interface technology is to allow users a hands-free, eyes-free way to interact with a digital application while focusing their interest elsewhere. In addition, the modern user interface has empowered users to gain better control over their homes, businesses, and phones. 

voice-user-interface

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The voice user interface market is expected to witness notable growth during the forecast period, owing to rise in adoption of Internet of Tings-based smart home applications. Furthermore, increase in voice user interface-based biometric security applications has driven the growth of the market. Moreover, high demand for self-service applications and surge in demand for voice-driven navigation system in the automotive sector are expected to propel the voice user interface market opportunity.

However, increase in concerns related to data privacy from voice-enabled smart devices and complexity in integrating multiple languages restrain the market growth. On the contrary, advancements in the artificial intelligence technology are expected to provide lucrative opportunities for the voice user interface market growth during the forecast period.

The outbreak of COVID-19 has the declined growth rate of the voice user interface market in 2020, and is expected to witness relatively slow growth by the end of 2021. Furthermore, the market was principally hit by several obstacles created amid the COVID-19 pandemic by the manufacturing and consumer electronics industry, such as lack of availability of resources & raw materials, unavailability of skilled workforce, contractual obligations, project delays, and cancellations. Subsequently, the market witnessed decreased demand for voice user interface-based applications.

Voice User Interface Market
By Offering

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Solution is projected as one of the most lucrative segments.

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The global voice user interface market is segmented into offering, application, IVR deployment mode, and industry vertical. On the basis of offering, the market is bifurcated into solution and service. The solution segment dominated the voice user interface market share, in terms of revenue, in 2020, and is expected to follow the same trend during the forecast period. The applications covered in the study include smart speaker, interactive voice response, voice controlled devices, smartphone & tablets, and others. The smart speakers segment was the highest revenue contributor in 2020, and is anticipated to garner significant market share during the forecast period. By IVR deployment mode, the market is categorized into on-premises and cloud. The on-premise segment acquired the largest share in 2020, and is expected to grow at a high CAGR from 2021 to 2030. By industry vertical, the market is fragmented into BFSI, retail & e-commerce, consumer electronics, automotive & transportation, healthcare & life science, travel & hospitality, government & defense, and others. Consumer electronics was the dominant segment, in terms of revenue, in 2020, and is anticipated to witness significant growth during the forecast period. 

Region wise, the voice user interface market trends are analyzed across North America (the U.S. and Canada), Europe (the UK, Germany, France, Italy, Spain, Netherland, and rest of the Europe), Asia-Pacific (China,  India, Japan, South Korea, Australia, and rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America, specifically the U.S., remains a significant participant in the global voice user interface market. Major organizations and government institutions in the country are intensely putting resources into the technology. For instance, in March 2021, the U.S. President, Joe Biden announced a massive plan to modernize the U.S. infrastructure with an estimated budget of over $2.25 trillion, which is anticipated to offer remunerative opportunities for the manufacturers of voice user interface technology across the region. 

Voice User Interface Market
By Application

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Smart Speakers is projected as one of the most lucrative segments.

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Top Impacting Factors

Significant factors that impact the growth of the global voice user interface industry include surge in voice user interface-based biometric security applications and rise in penetration of Internet of Things-based digital home applications. However, increase in concerns regarding data privacy from voice-enabled digital devices is acting as a prime barrier for early adoption, which hampers the growth of the market. On the contrary, rise in demand for the voice-driven navigation system in the automotive sector and advancements in artificial intelligence technology are expected to offer potential growth opportunity for the voice user interface industry during the forecast period.

Competition Analysis

Competitive analysis and profiles of the major voice user interface market players such as Advanced Voice Recognition Systems, Inc., Agnitio S.L., Apple, Inc., Amazon, Inc., Baidu, Inc., BioTrust ID B.V., CastleOS Software, LLC, Facebook, Google, and Microsoft Corporation are provided in this report. 

Voice User Interface Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 23.3% during 2021-2030.

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the voice user interface market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall voice user interface market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current voice user interface market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.
  • The report includes the market share of key vendors and voice user interface market trends.

Key Market Segments

By Offering

  • Solution
  • Service

By Application

  • Smart Speakers
  • Interactive Voice Response
  • On-premise Solutions
  • Cloud Solutions
  • Voice-controlled Devices
  • Smartphones & Tablets
  • Others

By Industry Vertical

  • BFSI
  • Retail & E-commerce
  • Consumer Electronic
  • Automotive & Transportation
  • Healthcare & Life Science
  • Travel & Hospitality
  • Government & Defense Sector
  • Others (Media &entertainment, IT & Telecommunication, and Commercial Sector)

Key Players

  • Advanced Voice Recognition Systems, Inc.
  • Agnitio S.L.
  • Apple, Inc.
  • Amazon, Inc.
  • Baidu, Inc.
  • BioTrust ID B.V.
  • CastleOS Software, LLC
  • Facebook
  • Google
  • Microsoft Corporation
 

Chapter 1:Introduction

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

Chapter 2:Executive summary

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

Chapter 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Patent analysis

3.3.1.Voice user interface patent analysis, by region (2012-2020)
3.3.2.Voice user interface patent analysis, by applicant

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Surge in penetration of Internet of Things
3.4.1.2.Rise in voice biometric security applications
3.4.1.3.High demand for self-service applications

3.4.2.Restraint

3.4.2.1.Rise in concerns regarding data privacy from voice-enabled smart devices

3.4.3.Opportunity

3.4.3.1.Advancement in AI technology

3.4.4.Challenges

3.4.4.1.Complexity in integrating multiple languages

3.5.COVID-19 impact analysis

3.5.1.Impact on market size
3.5.2.End-user trends, preferences, and budget impact
3.5.3.Key player strategies to tackle negative impact

3.5.2.1.Limited investments for R&D
3.5.2.2.Focus on next-generation products

Chapter 4:Voice user interface , BY offering

4.1.Overview
4.2.Solution

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Service

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

Chapter 5:Voice user interface , BY application

5.1.Overview
5.2.Smart speakers

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Interactive voice response

5.3.1.On-premise
5.3.2.Cloud
5.3.3.Key market trends, growth factors, and opportunities
5.3.4.Key market trends, growth factors, and opportunities
5.3.5.Market size and forecast, by region
5.3.6.Market analysis, by country

5.4.Voice-controlled devices

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Smartphones & tablets

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

Chapter 6:Voice user interface , BY industry vertical

6.1.Overview
6.2.BFSI

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Retail & e-commerce

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Consumer electronics

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Automotive & transportation

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Healthcare & life science

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

6.7.Travel & hospitality

6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis, by country

6.8.Government & defense

6.8.1.Key market trends, growth factors, and opportunities
6.8.2.Market size and forecast, by region
6.8.3.Market analysis, by country

6.9.Others

6.9.1.Key market trends, growth factors, and opportunities
6.9.2.Market size and forecast, by region
6.9.3.Market analysis, by country

Chapter 7:voice user interface , BY Region

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by offering
7.2.3.Market size and forecast, by application
7.2.4.Market size and forecast, by Deployment mode
7.2.5.Market size and forecast, by industry vertical
7.2.6.Market analysis, by country

7.2.6.1.U.S.

7.2.6.1.1.Market size and forecast, by offering
7.2.6.1.2.Market size and forecast, by applications
7.2.6.1.3.Market size and forecast, by deployment mode
7.2.6.1.4.Market size and forecast, by industry vertical

7.2.6.2.Canada

7.2.6.2.1.Market size and forecast, by offering
7.2.6.2.2.Market size and forecast, by applications
7.2.6.2.3.Market size and forecast, by deployment mode
7.2.6.2.4.Market size and forecast, by industry vertical

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by offering
7.3.3.Market size and forecast, by application
7.3.4.Market size and forecast, by Deployment mode
7.3.5.Market size and forecast, by industry vertical
7.3.6.Market analysis, by country

7.3.6.2.UK

7.3.6.2.1.Market size and forecast, by offering
7.3.6.2.2.Market size and forecast, by application
7.3.6.2.3.Market size and forecast, by deployment mode
7.3.6.2.4.Market size and forecast, by industry vertical

7.3.6.3.Germany

7.3.6.3.1.Market size and forecast, by offering
7.3.6.3.2.Market size and forecast, by applications
7.3.6.3.3.Market size and forecast, by deployment mode
7.3.6.3.4.Market size and forecast, by industry vertical

7.3.6.4.France

7.3.6.4.1.Market size and forecast, by offering
7.3.6.4.2.Market size and forecast, by applications
7.3.6.4.3.Market size and forecast, by deployment mode
7.3.6.4.4.Market size and forecast, by industry vertical

7.3.6.5.Italy

7.3.6.5.1.Market size and forecast, by offering
7.3.6.5.2.Market size and forecast, by application
7.3.6.5.3.Market size and forecast, by deployment mode
7.3.6.5.4.Market size and forecast, by industry vertical

7.3.6.6.Spain

7.3.6.6.1.Market size and forecast, by offering
7.3.6.6.2.Market size and forecast, by application
7.3.6.6.3.Market size and forecast, by deployment mode
7.3.6.6.4.Market size and forecast, by industry vertical

7.3.6.7.Netherlands

7.3.6.7.1.Market size and forecast, by offering
7.3.6.7.2.Market size and forecast, by applications
7.3.6.7.3.Market size and forecast, by deployment mode
7.3.6.7.4.Market size and forecast, by industry vertical

7.3.6.8.Rest of Europe

7.3.6.8.1.Market size and forecast, by offering
7.3.6.8.2.Market size and forecast, by applications
7.3.6.8.3.Market size and forecast, by deployment mode
7.3.6.8.4.Market size and forecast, by industry vertical

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by offering
7.4.3.Market size and forecast, by application
7.4.4.Market size and forecast, by Deployment mode
7.4.5.Market size and forecast, by industry vertical
7.4.6.Market analysis, by country

7.4.6.1.China

7.4.6.1.1.Market size and forecast, by offering
7.4.6.1.2.Market size and forecast, by applications
7.4.6.1.3.Market size and forecast, by deployment mode
7.4.6.1.4.Market size and forecast, by industry vertical

7.4.6.2.India

7.4.6.2.1.Market size and forecast, by offering
7.4.6.2.2.Market size and forecast, by application
7.4.6.2.3.Market size and forecast, by deployment mode
7.4.6.2.4.Market size and forecast, by industry vertical

7.4.6.3.Japan

7.4.6.3.1.Market size and forecast, by offering
7.4.6.3.2.Market size and forecast, by applications
7.4.6.3.3.Market size and forecast, by deployment mode
7.4.6.3.4.Market size and forecast, by industry vertical

7.4.6.4.South Korea

7.4.6.4.1.Market size and forecast, by offering
7.4.6.4.2.Market size and forecast, by applications
7.4.6.4.3.Market size and forecast, by deployment mode
7.4.6.4.4.Market size and forecast, by industry vertical

7.4.6.5.Australia

7.4.6.5.1.Market size and forecast, by offering
7.4.6.5.2.Market size and forecast, by applications
7.4.6.5.3.Market size and forecast, by deployment mode
7.4.6.5.4.Market size and forecast, by industry vertical

7.4.6.6.Rest of Asia-Pacific

7.4.6.6.1.Market size and forecast, by offering
7.4.6.6.2.Market size and forecast, by applications
7.4.6.6.3.Market size and forecast, by deployment mode
7.4.6.6.4.Market size and forecast, by industry vertical

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by offering
7.5.3.Market size and forecast, by application
7.5.4.Market size and forecast, by Deployment mode
7.5.5.Market size and forecast, by industry vertical
7.5.6.Market analysis, by country

7.5.6.1.Latin America

7.5.6.1.1.Market size and forecast, by offering
7.5.6.1.2.Market size and forecast, by applications
7.5.6.1.3.Market size and forecast, by deployment mode
7.5.6.1.4.Market size and forecast, by industry vertical

7.5.6.2.Middle East

7.5.6.2.1.Market size and forecast, by offering
7.5.6.2.2.Market size and forecast, by applications
7.5.6.2.3.Market size and forecast, by deployment mode
7.5.6.2.4.Market size and forecast, by industry vertical

7.5.6.3.Africa

7.5.6.3.1.Market size and forecast, by offering
7.5.6.3.2.Market size and forecast, by applications
7.5.6.3.3.Market size and forecast, by deployment mode
7.5.6.3.4.Market size and forecast, by industry vertical

Chapter 8:Competitive landscape

8.1.Introduction

8.1.1.Market players positioning, 2020

8.2.Top winning strategies

8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company

8.3.Product mapping of top 10 players
8.4.Competitive dashboard
8.5.Competitive heatmap

Chapter 9:company profile

9.1.Advanced Voice Recognition Systems, Inc.

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Business performance
9.1.6.Key strategic moves and developments

9.2.Agnitio S.L.

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.R&D expenditure
9.2.6.Business performance
9.2.7.Key strategic moves and developments

9.3.Amazon, Inc.

9.3.1.Company overview
9.3.2.Key executive
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.Business performance
9.3.7.Key Strategic Move(s)s and developments

9.4.Apple, Inc.

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments

9.5.Baidu, Inc.

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.R&D expenditure
9.5.6.Business performance
9.5.7.Key strategic moves and developments

9.6.CastleOS Software, LLC

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio

9.7.Facebook

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.R&D expenditure
9.7.6.Business performance
9.7.7.Key strategic moves and developments

9.8.Google

9.8.1.Company overview
9.8.2.Key executive
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments

9.9.Microsoft Corporation

9.9.1.Company overview
9.9.2.Key executive
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance
9.9.8.Key strategic moves and developments

9.10.SoundHound Inc.

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.VOICE USER INTERFACE , BY OFFERING, 2020-2030 ($MILLION)
TABLE 02.VOICE USER INTERFACE SOLUTION MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 03.SERVICE VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 04.VOICE USER INTERFACE , BY APPLICATION, 2020-2030 ($MILLION)
TABLE 05.VOICE USER INTERFACE MARKET FOR SMART SPEAKERS, BY REGION, 2020–2030 ($MILLION)
TABLE 06.IVR DEPLOYMENT MODE VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 07.INTERACTIVE VOICE RESPONSEVOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 08.VOICE-CONTROLLED DEVICES VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 09.SMARTPHONES & TABLETS VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 10.OTHERS VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 11.VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020-2030 ($MILLION)
TABLE 12.VOICE USER INTERFACE MARKET FOR BFSI, BY REGION, 2020–2030 ($MILLION)
TABLE 13.RETAIL & E-COMMERCE VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 14.CONSUMER ELECTRONICS VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 15.AUTOMOTIVE & TRANSPORTATION VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 16.HEALTHCARE & LIFE SCIENCES VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 17.TRAVEL & HOSPITALITY VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 18.GOVERNMENT & DEFENSEVOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 19.OTHERS VOICE USER INTERFACE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 20.VOICE USER INTERFACE REVENUE, BY REGION, 2020–2030($MILLION)
TABLE 21.NORTH AMERICA VOICE USER INTERFACE MARKET, BY OFERING, 2020–2030($MILLION)
TABLE 22.NORTH AMERICA VOICE USER INTERFACE MARKET, BY APPLICATION 2020–2030, ($MILLION)
TABLE 23.NORTH AMERICA VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030($MILLION)
TABLE 25.U.S. VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 26.U.S. VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 27.U.S. VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 28.U.S. VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 29.CANADA VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 30.CANADA VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 31.CANADA VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 32.CANADA VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 33.EUROPEVOICE USER INTERFACE MARKET, BY OFERING, 2020–2030($MILLION)
TABLE 34.EUROPEVOICE USER INTERFACE MARKET, BY APPLICATION 2020–2030, ($MILLION)
TABLE 35.EUROPEVOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030 ($MILLION)
TABLE 36.EUROPEVOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030($MILLION)
TABLE 37.UK VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 38.UK VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 39.UK VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 40.UK VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 41.GERMANYVOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 42.GERMANY. VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 43.GERMANYVOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 44.GERMANY VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 45.FRANCEVOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 46.FRANCE VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 47.FRANCE VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 48.FRANCE VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 49.ITALY VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 50.ITALYVOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 51.ITALYVOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 52.ITALY VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 53.SPAINVOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 54.SPAINVOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 55.SPAINVOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 56.SPAIN VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 57.NTHERLANDSVOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 58.NTHERLANDSVOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 59.NTHERLANDS. VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 60.NTHERLANDS VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 61.REST OF EUROPE VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 62.REST OF EUROPE VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 63.REST OF EUROPE VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 64.REST OF EUROPE VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 65.ASIA-PACIFICVOICE USER INTERFACE MARKET, BY OFERING, 2020–2030($MILLION)
TABLE 66.ASIA-PACIFICVOICE USER INTERFACE MARKET, BY APPLICATION 2020–2030, ($MILLION)
TABLE 67.ASIA-PACIFICVOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030 ($MILLION)
TABLE 68.ASIA-PACIFICVOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030($MILLION)
TABLE 69.CHINA. VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 70.CHINA. VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 71.CHINA. VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 72.CHINA. VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 73.INDIA VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 74.INDIA VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 75.INDIA VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 76.INDIA VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 77.JAPANVOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 78.JAPANVOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 79.JAPANVOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 80.JAPAN VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 81.SOUTH KOREA VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 82.SOUTH KOREA VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 83.SOUTH KOREA. VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 84.SOUTH KOREA VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 85.AUSTRALIAVOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 86.AUSTRALIA VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 87.AUSTRALIA VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 88.AUSTRALIA VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 89.REST OF ASIA PACIFIC VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 90.REST OF ASIA PACIFIC VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 91.REST OF ASIA PACIFIC VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 92.REST OF ASIA PACIFIC VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 93.LAMEAVOICE USER INTERFACE MARKET, BY OFERING, 2020–2030($MILLION)
TABLE 94.LAMEAVOICE USER INTERFACE MARKET, BY APPLICATION 2020–2030, ($MILLION)
TABLE 95.LAMEAVOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030 ($MILLION)
TABLE 96.LAMEAVOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030($MILLION)
TABLE 97.LATIN AMERICA VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 98.LATIN AMERICA VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 99.LATIN AMERICA VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 100.LATIN AMERICA VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 101.MIDDLE EAST VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 102.MIDDLE EAST VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 103.MIDDLE EAST VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 104.MIDDLE EAST VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 105.AFRICA VOICE USER INTERFACE MARKET, BY OFFERING, 2020–2030($MILLION)
TABLE 106.AFRICA VOICE USER INTERFACE MARKET, BY APPLICATION,2020–2030($MILLION)
TABLE 107.AFRICA VOICE USER INTERFACE MARKET, BY DEPLOYMENT MODE, 2020–2030($MILLION)
TABLE 108.AFRICA VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 109.ADVANCED VOICE RECOGNITION SYSTEMS, INC.: KEY EXECUTIVES
TABLE 110.ADVANCED VOICE RECOGNITION SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 111.ADVANCED VOICE RECOGNITION SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 112.NUANCE COMMUNICATIONS INC.: KEY EXECUTIVES
TABLE 113.NUANCE COMMUNICATIONS INC.: COMPANY SNAPSHOT
TABLE 114.NUANCE COMMUNICATIONS INC.: PRODUCT PORTFOLIO
TABLE 115.AMAZON INC.: KEY EXECUTIVE
TABLE 116.AMAZON, INC.: COMPANY SNAPSHOT
TABLE 117.AMAZON INC.: OPERATING SEGMENTS
TABLE 118.AMAZON, INC.: PRODUCT PORTFOLIO
TABLE 119.APPLE INC.: KEY EXECUTIVES
TABLE 120.APPLE INC.: COMPANY SNAPSHOT
TABLE 121.APPLE INC.: OPERATING SEGMENTS
TABLE 122.APPLE INC.: PRODUCT PORTFOLIO
TABLE 123.BAIDU, INC.: KEY EXECUTIVES
TABLE 124.BAIDU, INC.: COMPANY SNAPSHOT
TABLE 125.BAIDU, INC.: PRODUCT PORTFOLIO
TABLE 126.CASTLEOS SOFTWARE, LLC: KEY EXECUTIVES
TABLE 127.CASTLEOS SOFTWARE, LLC: COMPANY SNAPSHOT
TABLE 128.CASTLEOS SOFTWARE, LLC: PRODUCT PORTFOLIO
TABLE 129.FACEBOOK: KEY EXECUTIVES
TABLE 130.FACEBOOK: COMPANY SNAPSHOT
TABLE 131.FACEBOOK: PRODUCT PORTFOLIO
TABLE 132.GOOGLE LLC: KEY EXECUTIVE
TABLE 133.ALPHABET INC: COMPANY SNAPSHOT
TABLE 134.ALPHABET INC.: OPERATING SEGMENTS
TABLE 135.ALPHABET INC.: PRODUCT PORTFOLIO
TABLE 136.MICROSOFT CORPORATION: KEY EXECUTIVE
TABLE 137.MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 138.MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 139.MICROSOFT CORPORATION: PRODUCT PORTFOLIO
TABLE 140.SOUNDHOUND, INC.: KEY EXECUTIVES
TABLE 141.SOUNDHOUND, INC.: COMPANY SNAPSHOT
TABLE 142.SOUNDHOUND, INC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL VOICE USER INTERFACE MARKET SNAPSHOT, BY SEGMENTATION, 2021–2030
FIGURE 03.VOICE USER INTERFACE MARKET SNAPSHOT, BY REGION, 2021–2030
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP INVESTMENT POCKETS
FIGURE 07.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATETHREAT OF NEW ENTRANTS
FIGURE 09.MODERATE THREAT OF SUBSTITUTES
FIGURE 10.HIGH INTENSITY OF RIVALRY
FIGURE 11.HIGH BARGAINING POWER OF BUYERS
FIGURE 12.PATENT ANALYSIS, BY REGION
FIGURE 13.PATENT ANALYSIS, BY APPLICANT
FIGURE 14.GLOBAL VOICE USER INTERFACE MARKET, BY TYPE, 2020-2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE SOLUTION MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SERVICEVOICE USER INTERFACE MARKET, BY COUNTRY, 2020&2030 (%)
FIGURE 17.VOICE USER INTERFACE , BY APPLICATION, 2020-2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR SMART SPEAKERS, BY COUNTRY, 2020&2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR INTERACTIVE VOICE RESPONSE, BY COUNTRY, 2020&2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF VOICE-CONTROLLED DEVICES VOICE USER INTERFACE MARKET, BY COUNTRY, 2020&2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF SMARTPHONES& TABLETS VOICE USER INTERFACE MARKET, BY COUNTRY, 2020&2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF OTHERS VOICE USER INTERFACE MARKET, BY COUNTRY, 2020&2030 (%)
FIGURE 23.VOICE USER INTERFACE MARKET, BY INDUSTRY VERTICAL, 2020-2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR BFSI, BY COUNTRY, 2020&2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR RETAIL & ECOMMERCE, BY COUNTRY, 2020&2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR CONSUMER ELECTRONICS, BY COUNTRY, 2020&2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY COUNTRY, 2020&2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR HEALTHCARE & LIFE SCIENCES, BY COUNTRY, 2020&2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR TRAVEL & HOSPITALITY, BY COUNTRY, 2020&2030 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE FOR GOVERNMENT & DEFENSE MARKET, BY COUNTRY, 2020&2030 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF VOICE USER INTERFACE MARKET FOR OTHERS, BY COUNTRY, 2020&2030 (%)
FIGURE 32.VOICE USER INTERFACE , BY REGION, 2020-2030
FIGURE 33.NORTH AMERICA VOICE USER INTERFACE MARKET, BY COUNTRY, 2020-2030
FIGURE 34.U.S. VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 35.CANADA VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 36.EUROPE VOICE USER INTERFACE MARKET, BY COUNTRY, 2020-2030
FIGURE 37.UK VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 38.GERMANY VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 39.FRANCE VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 40.ITALY VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 41.SPAINVOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 42.NTHERLANDSVOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 43.REST OF EUROPE VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 44.ASIA-PACIFIC VOICE USER INTERFACE MARKET, BY COUNTRY, 2020-2030
FIGURE 45.CHINA VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 46.INDIA VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 47.JAPAN VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 48.SOUTH KOREA VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 49.AUSTRALIA VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 50.REST OF ASIA PACIFIC VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 51.LAMEA VOICE USER INTERFACE MARKET, BY COUNTRY, 2020-2030
FIGURE 52.LATIN AMERIC AVOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 53.MIDDLE EAST VOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 54.AFRICAVOICE USER INTERFACE MARKET, 2020-2030($MILLION)
FIGURE 55.MARKET PLAYER POSITIONING, 2020
FIGURE 56.TOP WINNING STRATEGIES, BY YEAR, 2017–2021
FIGURE 57.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 (%)
FIGURE 58.TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 59.ASSET TYPE MAPPING OF TOP 10 PLAYERS
FIGURE 60.COMPETITIVE DASHBOARD
FIGURE 61.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 62.CDK GLOBAL.: REVENUE, 2018–2020 ($MILLION)
FIGURE 63.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 64.NUANCE COMMUNICATIONS INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 65.NUANCE COMMUNICATIONS INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.AMAZON.COM, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 67.AMAZON, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 68.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 69.APPLE INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 70.APPLE INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 71.APPLE INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 72.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 73.BAIDU, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 74.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 75.FACEBOOK: REVENUE, 2018–2020 ($MILLION)
FIGURE 76.FACEBOOK: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 77.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 78.ALPHABET INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 79.ALPHABET INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 80.ALPHABET INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 81.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 82.MICROSOFT CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 83.MICROSOFT CORPORATION: REVENUE SHARE BY SEGMENT, 2020(%)
FIGURE 84.MICROSOFT CORPORATION: REVENUE SHARE BY REGION, 2020(%)

 
 

Voice user interface (VUI) technology has gained high traction in the recent years. Virtual assistants such as Siri, Alexa, and Google Assistant have brought voice user interface technology into the mainstream. Voice user interface employs speech recognition technology, which enables users to interact with computer applications through voice instructions. Furthermore, the virtual user interface allows users hands-free, efficient interactions to control smart home applications such as lights, switches, outlets, and thermostats. In addition, rise in demand for self-service applications is expected to offer profitable opportunities for the voice user interface market.

The technology is becoming popular for its usage in the consumer electronics and automotive sector, owing to surge in the adoption of smart voice-operated applications across residential and automotive vehicles. Moreover, voice user interface applications or virtual assistants such as Siri, Google Assistant, and Alexa have advanced features such as natural language understanding and dialog management techniques to accomplish a high degree of automation without forgoing precision, which is anticipated to provide lucrative opportunities for the market growth.

Globally, various key players are investing in voice user interface application to make them compatible with various industrial platforms. In 2018, the tech giant, Google announced its expanding services across the Netherlands by launching Google Assistant services in the Dutch language that offers significant growth opportunities for market expansion for the voice user interfaces. Moreover, in early 2021, the tech giant, Amazon planned to offer companies the ability to build voice assistants on Alexa for its automated versions. The key players profiled in the report include Advanced Voice Recognition Systems, Inc., Agnitio S.L, Apple, Inc., Amazon, Inc., Baidu, Inc., BioTrust ID B.V., CastleOS Software, LLC, Facebook, Google, and Microsoft Corporation.

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