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The voice AI in smart homes market is forecasted to grow by USD 54.37 billion during 2024-2029, accelerating at a CAGR of 38.2% during the forecast period. The report on the voice AI in smart homes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid advancement in AI and natural language processing, maturation of ecosystem interoperability through industry standards, and escalating consumer demand for convenience and accessibility.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The voice AI in smart homes market is segmented as below:
By Device
- Speakers and assistants
- Smart lighting systems
- Smart security devices
- Smart displays
- Others
By Deployment
- Cloud-based
- On-premises
By Technology
- NLP
- Machine learning
- Edge computing
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the voice AI in smart homes market covers the following areas:
- Voice AI In Smart Homes Market sizing
- Voice AI In Smart Homes Market forecast
- Voice AI In Smart Homes Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Device
8 Market Segmentation by Deployment
9 Market Segmentation by Technology
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global voice AI in smart homes market: Amazon.com Inc., Apple Inc., Arlo Technologies Inc., Bose Corp., Control4 Corp., Crestron Electronics Inc., ecobee, General Electric Co., Google LLC, Huawei Technologies Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Microsoft Corp., Orange SA, Samsung Electronics Co. Ltd., Signify NV, Simplisafe Inc., Sonos Inc., and Wyze Labs Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of generative AI and llms."
According to the report, one of the major drivers for this market is the rapid advancement in AI and natural language processing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon.com Inc.
- Apple Inc.
- Arlo Technologies Inc.
- Bose Corp.
- Control4 Corp.
- Crestron Electronics Inc.
- ecobee
- General Electric Co.
- Google LLC
- Huawei Technologies Co. Ltd.
- Lenovo Group Ltd.
- LG Electronics Inc.
- Microsoft Corp.
- Orange SA
- Samsung Electronics Co. Ltd.
- Signify NV
- Simplisafe Inc.
- Sonos Inc.
- Wyze Labs Inc.
