1. Voicebots Market Overview
2. Executive Summary
3. Voicebots Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User profiling
3.2.3. Patent Analysis
3.2.4. Top 5 Financials Analysis
4. Voicebots Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Industry
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Voicebots Market – Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Voicebots Market – By Technology
6.1. Machine Learning
6.2. Natural Language Processing
7. Voicebots Market – By End User
8. Voicebots Market – By Type of Market
8.3. In House
9. Voicebots Market – By Platforms
9.1. Apple’s Siri
9.2. Amazon Alexa
9.3. Google Home
9.4. Microsoft cortana
10. Voicebots Market – By Functions
10.1. Smart Speakers
10.2. Smart TV
10.3. Smart Phone
10.4. Personal digital Assistants
10.5. Customer Support
11. Voicebots Market – By Geography
11.2. North America
11.2.4. Rest of North America
11.3. South America
11.3.7. Costa Rica
11.3.8. Rest of South America
11.4.9. Rest of Europe
11.5.3. South Korea
11.5.7. Hong Kong
11.5.8. Rest of APAC
11.6. Middle East& Africa
11.6.2. South Africa
11.6.3. Saudi Arabia
11.6.4. Rest of Middle East and Africa
12. Voicebots Market – Market Entropy
12.1. Most Preferred Strategy – New Product Launches
13. Voicebots Market - Company Profiles
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
14.2.1. Voicebots (2010-2015)
14.3. Research Methodology
The global Voicebots market is expected to grow at CAGR of 35% from 2018-2023. The major driving force of this market is that it has replaced the usage of apps with increasing efficiency. These voicebots have simplified the day-to-day human task such as ordering food, calling or paying bill, it all can be done through a simple voice interface. The recent advancement in Artificial Intelligence, gave rise to popularity of voicebots devices.
What is Voicebot?
Voicebot is a technology developed with the machine learning and natural language processing, which enable human like conversations to complete day-to-day task. Voicebots are changing the way people used to communicate with digital assistants. Voicebots enhance the experience by removing the friction of picking up phone, logging in to an app and typing a message. Some of examples of Voicebots are Smart TV, Smart Speaker, Smart Phone, Personal Digital Assistant and customer support. It is still considered luxury tool instead utility. Voicebots has potential to transform the communication business.
What are the applications of Voicebot?
Voicebots are becoming very useful in businesses as well as consumers also. For example google home, slack, hangout voicebots help to book follow up meeting, sharing files, sending summary and other just through voice command on desktop. It saves the time requires for unnecessary typing and tapping. Amazon Alexa and Google assistants can interact with humans or brands to complete everyday task such as ordering meal, paying bill or calling. Apple’s Siri is virtual assistant, which help in managing various task such as reminding about event, flight details etc. Amazon Echo and Google home are smart speaker, which allow unlimited range of music.
Market Research and Market Trends of Voicebot:
- With the integration of various features in voicebots, some e-commerce companies are also using it for their day-to-day operations. For example eBay has created a voicebot that is capable of searching products and can compile result on the basis of factors like price, delivery time, size etc.
- Voicebots are not just used for daily operations like scheduling, placing order and reminding. Their functionality is gaining popularity and they are playing some unexpected roles. For example a company named Casper developed a voicebot, which can speak to users who are having hard time in falling asleep.
- Voicebot are expected to increase the cost saving in ecommerce, healthcare and banking. Businesses are increasing their interactivity with business through voicebots to enhance the experience. More brands will be adopting voice enabled technology.
Who are the Major Players in Voicebot Market?
The companies referred in the market research report are Microsoft, Apple, Google, Amazon and10 other companies.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
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Key Takeaways from this Report
- Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
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- Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.