Voice Payments Ecosystem Market Industry Research Report focuses Market Size, Share, Growth, Manufacturers and Forecast to 2026. This Market Research Report primarily based upon factors on which the companies complete in the market and this factor which is useful and valuable to the business. This report has published stating that the Global Voice Payments Ecosystem Market is anticipated to expand significantly at Million US$ in 2019 and is projected to reach Million US$ by 2026, at a CAGR of during the forecast period. Voice Payments Ecosystem Market: Reports Intellect represents the detail analysis of the parent market based on elite players, present, past and futuristic data which will offer as a profitable guide for all Voice Payments Ecosystem Market competitors. The overall analysis Advanced Voice Payments Ecosystem Market covers an overview of the industry policies that Voice Payments Ecosystem Market significantly, the cost structure of the products available in the market, and their manufacturing chain.
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Video: Alexa rules at home but is the business world ready for smart speakers? From connected light bulbs, to plant sensors, to smart locks, and beyond, smart home tech is growing and evolving rapidly. Here you'll find the latest product reviews, news, and how-tos to help you connect your surroundings to the internet in the smartest way possible. Despite big mishaps like Alexa recording a private conversation and emailing it to a person on a contact list, the excitement around voice-first devices is on the rise. Juniper Research estimates that voice assistants used to control smart homes will grow from 25 million today to 275 million in 2023 and predicts that connected appliance shipments will rise 80 percent per year, on average, over that period.
The voice ecosystem is booming! In the US alone, it is estimated that there will be 21.4 million smart speakers by 2020. Furthermore, according to Technavio, by 2019 the voice recognition market will be will be worth a huge $601 million. Voice is even disrupting search, with 60% of people using voice search last year. Technology is finally able to create innovative voice first experiences and an increasing number of consumers are adopting voice technology, which is further pushing innovation within the sector!
This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here. Smart-home voice assistants help to organize connected homes and provide great utility to consumers, allowing them to control devices, look up information, communicate with friends and family, and buy goods or request services. This provides a lucrative opportunity for companies to gain users and bring them into their larger ecosystems. Here's are a couple of the moves companies made to start or expand their presence in the smart home voice assistant market: Both companies are looking to the smart home voice assistant as a pillar of a growing ecosystem.