Intelligent Assistant Embedded Consumer Devices Market: Service-Types, Development, Market Share, User-Demand, Industry Size 2018 - 2026

-

 According to a new market report published by Transparency Market Research the global intelligent assistant-embedded consumer device market is expected to reach a value of 1,266.9 Million Units by 2026 on account of high adoption of intelligent assistant-embedded consumer devices across the world. The market is projected to expand at a CAGR of 5.2% during the forecast period from 2018 to 2026. North America is anticipated to have the largest market share due to presence of many software companies in this region. After North America, Europe and Asia Pacific are expected to contribute considerable market share due to large scale growth of IT companies in these regions.

Rise in Adoption of Connectivity Technologies Set to Drive the Market

Adoption of wireless technology-enabled solutions (products) has increased rapidly in the last few years due to the advanced features offered especially in terms of portability. Virtual digital assistance technology is expanding to integrate technology beyond smartphones to other consumer devices. Further, virtual digital assistants represent the combination of natural language processing (NLP), artificial intelligence (AI), and speech recognition and are likely to have a transformative impact on consumer devices.

This market is currently at its initial stage, and small changes in these early stages can have vast influences. Changes in consumer comfort pertaining to the distribution, collection, management, and analysis of private data; progress of natural language processing (NLP) and other voice technologies; and progress in the regulatory environment can all significantly modify the market.

Major factors responsible for the growth of the intelligent assistance embedded consumer devices market are rise in adoption of personal assistants in smart homes, growing demand for enhanced productivity and extended life of systems, and Internet of Things (IoT).

Additionally, demand for accurate, fast, and efficient systems with artificial thinking abilities to reduce human involvement is the other vital factor propelling the growth of the market. Smart Home is one of the focus areas in which wireless connectivity technologies are being integrated. These wireless connectivity technologies present some very exciting opportunities as it consumes less energy as compared to Wi-Fi.

Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=62571

Intelligent Assistant-Embedded Consumer Device: Scope of the report

The intelligent assistant-embedded consumer device market has been segmented based on device type and region. According to the research, mobile devices are expected to see the highest implementation of voice based technology during the forecast period. Growth in usage of mobile devices is highest as compared to other products. Mobile devices continue to hold the major share in the market currently and the trend is expected to continue during the forecast period due to rapid growth in the number of mobile phone users. Furthermore, digital revolutions taking place in countries such as India, South Africa, and China also drives the adoption of mobile phones, thus driving the intelligent assistant-embedded consumer device market.

In terms of volume, North America holds a strong position in the global intelligent assistant-embedded consumer device market. This is due to strong adoption of intelligent assistant-embedded consumer devices with numerous IT companies and electronics devices manufacturers in the region. Intelligent assistant-embedded consumer devices are majorly used in electronic devices. Additionally, increased adoption of advanced technologies and increase in the number of mobile phone users are driving the market in this region.

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more