Digital Assistant Market Overview:
The rising level of integration of technology into day to day life due to the convenience offered by them has inspired significant progress in the digital assistant market. Market reports linked with the information and communication technology industry have been presented by Market Research Future which makes reports on other industry verticals that aims to analyze the current market scenarios better. The market is projected to attain incomes reaching USD 8.9 billion in the forecast period.
The traction achieved by the enterprise and consumer markets for Digital Assistant Marketis expected to augment the market substantially in the coming years. The increased expenditures directed towards the creation of awareness of the product and the utility that can be achieved by them is increasing the market share for digital assistants favorably. The broad range of uses that can be provided by digital assistants are being improved upon which will further enhance the growth prospects for the market in the forecast period.
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Competitive Analysis:
The market shows potential for demonstrating a greater comparative or differential value. The market trends hint at favorable development of the products that can bring in novelty to the product range and address the customer need better. The presence of a productive entity is expected to generate more sales or superior margins compared to its market rivals. The advent of new technology has boosted the growth potential of the market. Substantial cutbacks in administrative finances are bringing further development to the market. The development of a strong value chain is moreover motivating the expansion of the market. The market competitors find themselves in a favorable position with the ability to manage the pace of change.
The significant leaders in the market for digital assistants are Microsoft Corporation (U.S.), Samsung Corporation (South Korea), Amazon Inc. (U.S.), IBM Corporation (U.S.), Facebook Inc. (U.S.), Baidu Inc. (China), Google Inc. (U.S.), Nuance Communications (U.S.), Apple Inc. (U.S.), Cisco Systems Inc. (U.S.), Artificial Solutions (Spain) among others.
Segmental Analysis:
The segmental analysis of the market for digital assistant is segmented on the basis of product, deployment, region, and applications. The deployment segment of the digital assistant market is segmented into on-premise and on-cloud. Based on product the digital assistant marker is segmented into Google Assistant, Microsoft Crotona, Amazon Alexa, Apple’s SIRI, and Samsung Bixby. The application-based segmentation of the Digital assistant market is segmented into wearable devices, smartphones, smart homes, and TV devices. The regions considered in the digital assistant market are Europe, North America, Asia Pacific and rest of the world.
Detailed Regional Analysis:
The regional analysis of the digital assistant market comprises of regions such as Europe, North America, Asia Pacific and rest of the world. The digital assistant market globally is controlled by the North American region owing to technical developments in the region, advanced network architecture and increased adoption rate of home speakers. The Asia Pacific region is regarded as to the swiftest growing region owing to the enhancements in network infrastructure and growing adoption of cloud-based services by industries is anticipated to motivate the market growth in the region.
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Industry Updates:
Feb 2019 MSC Cruises have officially revealed ZOE which is a personal digital assistant that will be in each stateroom aboard the new MSC Bellissima. MSC has stated that the new guest-centric technology was created in association with HARMAN and Samsung Electronics. ZOE can speak in seven languages, respond to hundreds of questions related to the cruise and offer facts about on-board services, suggestions or help to book a service.
Jan 2019 Staffordshire University has introduced a chatbot app named Beacon for iOS and Android. The 15,000 students who go to the university can use their voice or type to find their professor for a particular subject, check the details of their next lecture and get answers to about 400 commonly asked questions, including topics like support services and facilities.
Intended Audience:
- Digital assistance manufacturing companies
- Original equipment manufacturers
- Digital assistance providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Digital Assistance Market: By Connectivity
1.3.2 Global Digital Assistance Market: By Product
1.3.3 Global Digital Assistance Market: By Deployments
1.3.4 Global Digital Assistance Market: By Application
1.3.5 Global Digital Assistance Market: By Region
Continued…
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List of Tables
Table 1 Digital Assistance Market, By Connectivity
Table 2 Digital Assistance Market, By Product
Table 3 Digital Assistance Market, By Deployment
Continued…
List of Figures
Figure 1 Research Methodology
Figure 2 Digital Assistance Market: By Connectivity (%)
Figure 3 Digital Assistance Market: By Product (%)
Continued…
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