| What are the recent trends in market size and growth for the artificial intelligence (ai) in voice assistants market?
The artificial intelligence (AI) in voice assistants market size has grown exponentially in recent years. It will grow from $3.54 billion in 2024 to $4.66 billion in 2025 at a compound annual growth rate (CAGR) of 31.5%. The growth in the historic period can be attributed to growth in investment in AI research, increase use of voice assistants for health monitoring, rise in sales of smart speakers, rise in use of digital assistants in enterprise, and growth in E-learning. The artificial intelligence (AI) in voice assistants market size is expected to see exponential growth in the next few years. It will grow to $13.85 billion in 2029 at a compound annual growth rate (CAGR) of 31.3%. The growth in the forecast period can be attributed to rising focus on data security, increasing focus on accessibility, rising E-commerce, increasing remote work, and expansion of voice search. Major trends in the forecast period include advancements in natural language processing, integration with wearables, voice-activated IoT platforms, integration of voice assistants with AR and VR applications, and integration of voice assistants in smart city infrastructure. Get Your Free Sample of The Global Artificial Intelligence (AI) In Voice Assistants Market Report: The increasing adoption of smart homes is expected to propel the growth of the AI in voice assistants market going forward. The adoption of smart homes refers to homeowners’ growing acceptance and integration of smart home technologies and devices. Smart homes signify the willingness of individuals or households to embrace the benefits and conveniences offered by a connected and automated living environment. An AI in voice assistants is used in smart thermostat and smart homes devices, where a connected and programmable voice allows homeowners to control and manage their heating, ventilation, and air conditioning (HVAC) systems and other smart devices. For instance, in December 2022, according to the reports shared by IoT For All, a US-based technology media platform, the smart home’s penetration was around 14% in 2022, and it can reach 25% by the end of 2026. Further, there will be automation in 48.4% of US households by 2025. Therefore, the increasing adoption of smart homes is driving the growth of the AI in voice assistants market. What are the primary segments of the artificial intelligence (ai) in voice assistants market? 1) By Deployment Mode: Cloud-Based, On-Premise Subsegments: Order your report now for swift delivery Which firms are leading the artificial intelligence (ai) in voice assistants market? Major companies operating in the artificial intelligence (AI) in voice assistants market are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Alibaba Group Holding Limited, Huawei Technologies Co. Ltd., Tencent Holdings Ltd., Amazon Web Service, Sony Group Corporation, International Business Machines Corporation, Cisco Systems Inc., Orange S.A., Oracle Corporation, Baidu Inc., Yandex LLC, iFLYTEK Co. Ltd., Sonos Inc., Nuance Communications Inc., Verint Systems Inc., SoundHound Inc., Rasa Technologies Inc., Cognigy GmbH, Deepgram, Pypestream Inc., VoiceOwl Bot Private Limited, Vokaturi B.V How will industry trends affect the trajectory of the artificial intelligence (ai) in voice assistants market? Major companies operating in the AI in voice assistants market are integrating AI voice assistants into their business operations to streamline customer interactions, automate routine tasks, and enhance overall efficiency and user engagement. AI voice assistants use natural language processing to understand and respond to spoken commands, improving customer service, productivity, and accessibility across various sectors. For instance, in September 2023, Oracle, a US-based software company, launched Oracle’s clinical digital assistant. Oracle’s Clinical Digital Assistant integrates generative AI with voice commands to streamline electronic health record interactions, helping providers focus more on patient care and engagement. It empowers patients to manage their healthcare tasks and access information through voice commands and secure web chats. Which geographic trends are shaping the artificial intelligence (ai) in voice assistants market, and which region has the highest market share? North America was the largest region in the AI in voice assistants market in 2024. The regions covered in the artificial intelligence (AI) in voice assistants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. What Does The Artificial Intelligence (AI) In Voice Assistants Market Report 2025 Offer? The artificial intelligence (ai) in voice assistants market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Artificial intelligence (AI) in voice assistants refers to the use of advanced algorithms and machine learning techniques to enable voice-activated devices to understand, interpret, and respond to spoken language. This technology allows voice assistants to perform tasks, answer questions, and interact with users in a natural, conversational manner by processing voice commands, recognizing speech patterns, and continuously learning from user interactions to improve accuracy and functionality over time. Purchase the exclusive report now to unlock valuable market insights: With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making. Contact Us: Follow Us On: |
Future of the Global Artificial Intelligence (AI) In Voice Assistants Market: Growth Projections and Key Trends (2025-2034)
