The Latin America, Middle East and Africa Voice User Interface Market would witness market growth of 26.8% CAGR during the forecast period (2021-2027).
Voice user interface is one of the big steps towards the second revolution in human-machine interface. Voice enables a convenient integration. It is hands-free, keyboard-free, and eyes-free. Talking is natural and does not require the user to learn new skills. Hence the learning curve in the Voice user interface is low. Also, voice interaction can be quickly adopted by today’s generations, disabled and elderly people.
Moreover, the backend infrastructure of this technology such as like Artificial intelligence and machine learning are usually stored in private spaces of the user or cloud storages and are majorly being utilized intending to develop Voice user interface components.
LAMEA would also observe a steady growth in the Voice user interface market. People residing in the countries across LAMEA have less spending potentials which restrains them from consuming advanced and expensive services. Furthermore, in the year, the Amazon started the trial of its Alexa smart speaker in Brazil, which was the indication of launch of more products by the company in the country. South Africa is a country with not so well-established economy.
The Brazil market dominated the LAMEA Voice User Interface Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.19 billion by 2027. The Argentina market is poised to grow at a CAGR of 27.5% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 26.5% during (2021 - 2027)
Based on Vertical, the market is segmented into Consumer Electronic, Smart Speakers & E-commerce, Automotive & Transportation, Government & Defense Sector, Healthcare & Life Science, BFSI, Travel & Hospitality and Others. Based on Offering, the market is segmented into Solution and Service. Based on Application, the market is segmented into Smart Speakers, Interactive Voice Response, Voice Controlled Devices, Smartphone & Tablets and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Voice User Interface Market is Predict to reach $45.94 billion by 2027, at a CAGR of 23.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Amazon.com, Inc., Apple, Inc., Google LLC, Baidu, Inc., Meta Platforms, Inc., Advanced Voice Recognition Systems, Inc., and SoundHound, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Consumer Electronic
- Smart Speakers & E-commerce
- Automotive & Transportation
- Government & Defense Sector
- Healthcare & Life Science
- BFSI
- Travel & Hospitality and
- Others
By Offering
By Application
- Smart Speakers
- Interactive Voice Response
- Voice Controlled Devices
- Smartphone & Tablets
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Amazon.com, Inc.
- Apple, Inc.
- Google LLC
- Baidu, Inc.
- Meta Platforms, Inc.
- Advanced Voice Recognition Systems, Inc.
- SoundHound, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Voice User Interface Market, by Vertical
1.4.2 LAMEA Voice User Interface Market, by Offering
1.4.3 LAMEA Voice User Interface Market, by Application
1.4.4 LAMEA Voice User Interface Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2017, Jan – 2021, Nov) Leading Players
Chapter 4. LAMEA Voice User Interface Market by Vertical
4.1 LAMEA Consumer Electronic Market by Country
4.2 LAMEA Smart Speakers & E-commerce Market by Country
4.3 LAMEA Automotive & Transportation Market by Country
4.4 LAMEA Government & Defense Sector Market by Country
4.5 LAMEA Healthcare & Life Science Market by Country
4.6 LAMEA BFSI Market by Country
4.7 LAMEA Travel & Hospitality Market by Country
4.8 LAMEA Other Verticals Market by Country
Chapter 5. LAMEA Voice User Interface Market by Offering
5.1 LAMEA Solution Market by Country
5.2 LAMEA Service Market by Country
Chapter 6. LAMEA Voice User Interface Market by Application
6.1 LAMEA Smart Speakers Market by Country
6.2 LAMEA Interactive Voice Response Market by Country
6.3 LAMEA Voice Controlled Devices Market by Country
6.4 LAMEA Smartphone & Tablets Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Voice User Interface Market by Country
7.1 Brazil Voice User Interface Market
7.1.1 Brazil Voice User Interface Market by Vertical
7.1.2 Brazil Voice User Interface Market by Offering
7.1.3 Brazil Voice User Interface Market by Application
7.2 Argentina Voice User Interface Market
7.2.1 Argentina Voice User Interface Market by Vertical
7.2.2 Argentina Voice User Interface Market by Offering
7.2.3 Argentina Voice User Interface Market by Application
7.3 UAE Voice User Interface Market
7.3.1 UAE Voice User Interface Market by Vertical
7.3.2 UAE Voice User Interface Market by Offering
7.3.3 UAE Voice User Interface Market by Application
7.4 Saudi Arabia Voice User Interface Market
7.4.1 Saudi Arabia Voice User Interface Market by Vertical
7.4.2 Saudi Arabia Voice User Interface Market by Offering
7.4.3 Saudi Arabia Voice User Interface Market by Application
7.5 South Africa Voice User Interface Market
7.5.1 South Africa Voice User Interface Market by Vertical
7.5.2 South Africa Voice User Interface Market by Offering
7.5.3 South Africa Voice User Interface Market by Application
7.6 Nigeria Voice User Interface Market
7.6.1 Nigeria Voice User Interface Market by Vertical
7.6.2 Nigeria Voice User Interface Market by Offering
7.6.3 Nigeria Voice User Interface Market by Application
7.7 Rest of LAMEA Voice User Interface Market
7.7.1 Rest of LAMEA Voice User Interface Market by Vertical
7.7.2 Rest of LAMEA Voice User Interface Market by Offering
7.7.3 Rest of LAMEA Voice User Interface Market by Application
Chapter 8. Company Profiles
8.1 Microsoft Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations & Agreements:
8.1.2 SWOT Analysis
8.2 Amazon.com, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Product Launches and Product Expansions:
8.2.5 SWOT Analysis
8.3 Apple, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Product and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Google LLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Baidu, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations & Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Meta Platforms, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Advanced Voice Recognition Systems, Inc.
8.7.1 Company Overview
8.8 SoundHound, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations & Agreements:
8.8.2.2 Acquisition and Mergers:
TABLE 1 LAMEA Voice User Interface Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Voice User Interface Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Voice User Interface Market
TABLE 4 Product Launches And Product Expansions– Voice User Interface Market
TABLE 5 Acquisition and Mergers– Voice User Interface Market
TABLE 6 LAMEA Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 7 LAMEA Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 8 LAMEA Consumer Electronic Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Consumer Electronic Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Smart Speakers & E-commerce Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Smart Speakers & E-commerce Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Automotive & Transportation Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Automotive & Transportation Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Government & Defense Sector Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Government & Defense Sector Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Healthcare & Life Science Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Healthcare & Life Science Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA BFSI Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA BFSI Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Travel & Hospitality Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Travel & Hospitality Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Other Verticals Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Other Verticals Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 25 LAMEA Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 26 LAMEA Solution Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Solution Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Service Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Service Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 31 LAMEA Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 32 LAMEA Smart Speakers Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Smart Speakers Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Interactive Voice Response Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Interactive Voice Response Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Voice Controlled Devices Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Voice Controlled Devices Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Smartphone & Tablets Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Smartphone & Tablets Market by Country, 2021 - 2027, USD Million
TABLE 40 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Voice User Interface Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Voice User Interface Market by Country, 2021 - 2027, USD Million
TABLE 44 Brazil Voice User Interface Market, 2017 - 2020, USD Million
TABLE 45 Brazil Voice User Interface Market, 2021 - 2027, USD Million
TABLE 46 Brazil Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 47 Brazil Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 48 Brazil Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 49 Brazil Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 50 Brazil Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 51 Brazil Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 52 Argentina Voice User Interface Market, 2017 - 2020, USD Million
TABLE 53 Argentina Voice User Interface Market, 2021 - 2027, USD Million
TABLE 54 Argentina Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 55 Argentina Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 56 Argentina Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 57 Argentina Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 58 Argentina Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 59 Argentina Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 60 UAE Voice User Interface Market, 2017 - 2020, USD Million
TABLE 61 UAE Voice User Interface Market, 2021 - 2027, USD Million
TABLE 62 UAE Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 63 UAE Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 64 UAE Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 65 UAE Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 66 UAE Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 67 UAE Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 68 Saudi Arabia Voice User Interface Market, 2017 - 2020, USD Million
TABLE 69 Saudi Arabia Voice User Interface Market, 2021 - 2027, USD Million
TABLE 70 Saudi Arabia Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 71 Saudi Arabia Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 72 Saudi Arabia Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 73 Saudi Arabia Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 74 Saudi Arabia Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 75 Saudi Arabia Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 76 South Africa Voice User Interface Market, 2017 - 2020, USD Million
TABLE 77 South Africa Voice User Interface Market, 2021 - 2027, USD Million
TABLE 78 South Africa Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 79 South Africa Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 80 South Africa Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 81 South Africa Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 82 South Africa Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 83 South Africa Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 84 Nigeria Voice User Interface Market, 2017 - 2020, USD Million
TABLE 85 Nigeria Voice User Interface Market, 2021 - 2027, USD Million
TABLE 86 Nigeria Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 87 Nigeria Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 88 Nigeria Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 89 Nigeria Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 90 Nigeria Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 91 Nigeria Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 92 Rest of LAMEA Voice User Interface Market, 2017 - 2020, USD Million
TABLE 93 Rest of LAMEA Voice User Interface Market, 2021 - 2027, USD Million
TABLE 94 Rest of LAMEA Voice User Interface Market by Vertical, 2017 - 2020, USD Million
TABLE 95 Rest of LAMEA Voice User Interface Market by Vertical, 2021 - 2027, USD Million
TABLE 96 Rest of LAMEA Voice User Interface Market by Offering, 2017 - 2020, USD Million
TABLE 97 Rest of LAMEA Voice User Interface Market by Offering, 2021 - 2027, USD Million
TABLE 98 Rest of LAMEA Voice User Interface Market by Application, 2017 - 2020, USD Million
TABLE 99 Rest of LAMEA Voice User Interface Market by Application, 2021 - 2027, USD Million
TABLE 100 key information – Microsoft Corporation
TABLE 101 Key Information – Amazon.com, Inc.
TABLE 102 Key Information – Apple, Inc.
TABLE 103 Key Information – Google LLC
TABLE 104 Key Information – Baidu, Inc.
TABLE 105 key information – Meta Platforms, Inc.
TABLE 106 Key information – Advanced Voice Recognition Systems, Inc.
TABLE 107 Key information – SOUNDHOUND, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2017, Jan – 2021, nov) Leading Players
FIG 5 SWOT Analysis: Microsoft Corporation
FIG 6 SWOT analysis: Amazon.com, Inc.
FIG 7 SWOT Analysis: apple, Inc.
FIG 8 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 9 Recent strategies and developments: Baidu, Inc.
FIG 10 Swot analysis: Baidu, inc.
FIG 11 SWOT Analysis: Meta Platforms, Inc.
FIG 12 Recent strategies and developments: SOUNDHOUND, Inc.