Europe Voice Assistant Application Market By Component (Solution, Services), Application (Mobile Application, Web Application, Devices), Organization Size (Large Enterprises, Small & Medium Enterprises), Deployment Mode (Cloud, On-Premise), End User (Retail & Ecommerce, Healthcare & Life Sciences, Manufacturing and Automotive, Telecom and IT, BFSI, Media & Entertainment)

Analysis of Market Size & Trends

The Europe Voice Assistant Application Market would witness market growth of 28.8% CAGR during the forecast period (2018 - 2024). Voice assistants are created based on artificial intelligence (AI), machine learning, and the voice recognition technology. When a user interacts with the digital assistant, the AI programing involves advanced algorithms to learn from data input and improves itself at predicting the needs of the user. Several assistants are created with more sophisticated cognitive computing technologies which enable a digital assistant to understand and perform multi-step requests with multiple interactions and carry out more complex tasks like booking seats at a movie theatre.

The European voice assistant market will see significant growth in the future. This can be ascribed to people's high living standards, which has contributed to the manufacturers' increased investment in IoT and the existence of advanced infrastructure. Countries like France, the United Kingdom (U.K.) and Germany are anticipated to be the primary aid for the development of the voice assistant market in Europe. The high-minded living standards have resulted in the development of businesses' Internet of Things (IoT) investments, further improving the voice assistant market situation.

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Based on Component, the market is segmented into Solution and Services. Based on Application, the market is segmented into Mobile Application, Web application and Devices. Based on Organization size, the market is segmented into large enterprises and Small & Medium Enterprises. Based on Deployment mode, the market is segmented into Cloud and On-Premise. Based on End User, the market is segmented into Retail & Ecommerce, Healthcare & Life Sciences, Manufacturing & Automotive, Telecom & IT, BFSI, Media & Entertainment, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nuance Communications Inc., Amazon.com, Inc., Google Inc., Microsoft Corporation, Apple Inc., SAP SE, Oracle Corporation, Salesforce.com, Inc., Orange S.A., and Samsung Electronics Co. Ltd

Scope of the Voice Assistant Application Market Analysis

By Component

• Solution
• Services

By Application

• Mobile Application
• Web Application
• Devices

By Organization Size

• Large Enterprises
• Small and Medium Enterprises

By Deployment Mode

• Cloud
• On-Premise

By End User

• Retail and Ecommerce
• Healthcare and Life Sciences
• Manufacturing and Automotive
• Telecom and IT
• BFSI
• Media and Entertainment
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Companies Profiled

• Nuance Communications Inc.
• Amazon.com, Inc.
• Google Inc.
• Microsoft Corporation
• Apple Inc.
• SAP SE
• Oracle Corporation
• Salesforce.com, Inc.
• Orange S.A.
• Samsung Electronics Co. Ltd