Global Voice Assistant Market by Technology, Application, End-user, Region, and Company (2014-2024)
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: GlobeNewswire
Dublin, Sept. 16, 2019 (GLOBE NEWSWIRE) -- The "Global Voice Assistant Market By Technology, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering. The global voice assistant market is projected to exhibit a CAGR of over 30% during the forecast period, growing from $ 1.2 billion in 2018 to $ 5.4 billion by 2024, on account of increasing proliferation of smartphones and advanced features such as the ability to recognize different languages, respond via text or voice. The global voice assistant market can be segmented based on technology, application and end-user. On the basis of technology, the market can be segmented into speech recognition, text to speech recognition, voice recognition and natural language processing. Text to speech recognition is the leading segment in the global voice assistant market, as it makes it easier for customers to interact with smartphones and its
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