Global Voice-Activated Smart Assistant Gadgets Market Overview:
Voice-activated smart assistant gadgets are sold with the unique selling point of voice assistance that provides natural human behaviors to command, interact and monitor the gadgets at their own comfort. There are several numbers of gadgets in the market with voice activation smart assistance such as smart television, smart speakers, lighting, ceiling fans, high-resolution cameras, door lock security system, and others. This technology helps in controlling the gadget to perform specific functions with the voice user interface. Some of the players profiled in the study are Amazon.com, Inc. (United States), Apple Inc. (United States), Honeywell Corporation (United States), Samsung (South Korea), Google LLC (United States), Artificial Solutions (Sweden), Assa Abloy AB (Yale) (Sweden) and Lenovo (China).
On the basis of geography, the market of Voice-Activated Smart Assistant Gadgets has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Voice Recognition Technology will boost the Voice-Activated Smart Assistant Gadgets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Offline will boost the Voice-Activated Smart Assistant Gadgets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Digitalisation, Automation, and User Interface Technology
- Increasing Demand for the Technologically Advanced Gadgets Providing Better User Experience
Influencing Trend
- Introduction of the Voice-Activated Smart Assistant Gadgets in Corporate Application
Restraints
- Expensive Voice-Activated Smart Assistant Gadgets Availability
Opportunities
- Surging Spendings of People on the Smart Gadgets in Developing Nations will Boost the Voice-Activated Smart Assistant Gadgets Market
Challenges
- Regulatory Compliances with the Privacy Related Concerns Hindering the Voice-Activated Smart Assistant Gadgets Market
Key Market Developments:
On 19th February 2021, Lenovo announced the launch of its latest smart device in India. The company has expanded its smart home solutions portfolio with the introduction of Lenovo Smart Clock Essential in the country. As the name suggests the smart clock comes with full voice support and allows the users to keep in check other smart home devices and is compatible with over 40,000 smart home devices from over 5,000 brands. There is a 3W speaker but to amplify the sound the users can team it up with other Bluetooth speakers or smart speakers. Read on to know its price and specifications.
"European-style regulations and safeguards would almost ensure that companies like Amazon, Google, and Apple could never have been founded in the U.S. Modern communication is happening on a mobile device, through artificial intelligence, and on other breakthrough technology. It is making the world better by allowing consumers to track their fitness, monitor their finances, or control their homes."
Target Audience:
Voice-Activated Smart Assistant Gadgets Manufacturers, Voice-Activated Smart Assistant Gadgets Industry Association, Voice-Activated Smart Assistant Gadgets International Traders, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Voice-Activated Smart Assistant Gadgets market on the basis of product [Smart Television, Smart Speakers, Lighting, Ceiling Fans, High-resolution Cameras, Door Lock Security System and Others] , application [Corporate, Residential, Colleges and Universities and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Voice-Activated Smart Assistant Gadgets market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Voice-Activated Smart Assistant Gadgets industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are
.** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Voice-Activated Smart Assistant Gadgets market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.