report-image

Global Voice Assistant Application Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 2/24/2023
  • NO OF PAGES
  • 221
  • CATEGORY
  • Electronics & Communication

Market Overview:

The Global Voice Assistant Application Market size was valued at USD 2.56 billion in 2022, and is projected to reach USD 12.57 billion by 2032 at a CAGR of 28.5% from 2022 to 2032.

A voice assistant application is a type of software application that uses voice recognition technology to understand and interpret human speech. Voice assistant applications can perform a wide range of tasks, such as searching the internet, making phone calls, sending messages, controlling smart home devices, and providing personal assistant services, among others.

Increased Adoption of Smart Speakers: Smart speakers, such as Amazon Echo and Google Home, have become increasingly popular in recent years, leading to a rise in the adoption of voice assistant applications. According to a report by Strategy Analytics, global smart speaker shipments reached 147 million units in 2020, a 70% increase from the previous year. Integration with IoT Devices: Voice assistant applications are increasingly being integrated with a wide range of IoT devices, such as smart thermostats, lights, and security cameras, among others. This integration allows users to control their smart home devices using voice commands, making their lives more convenient. Growing Use in the Automotive Industry: Voice assistant applications are being increasingly integrated into cars, allowing drivers to perform tasks, such as making phone calls and sending messages, without taking their eyes off the road. Advancements in Natural Language Processing (NLP) Technology: The development of NLP technology has enabled voice assistant applications to better understand and interpret human speech, leading to improved accuracy and user experience. As a result, voice assistant applications are becoming more widely adopted in a range of industries, such as healthcare and finance, among others.

Growing adoption of smart speakers is propelling the market growth.

One of the driving factors for the growth of the voice assistant application market is the increasing adoption of smart speakers and voice-enabled devices. Smart speakers have become increasingly popular in households, with consumers using them to play music, control their smart homes, and access information hands-free. According to a report by Strategy Analytics, the global smart speaker market grew by 22% in Q4 2020, reaching a total of 198.2 million units sold. The integration of voice assistants into other devices such as smartphones, TVs, and cars is also contributing to the growth of the market. As more consumers become comfortable with using voice commands to control their devices, the demand for voice assistant applications is increasing. Additionally, the advancements in artificial intelligence and natural language processing technologies have improved the accuracy and responsiveness of voice assistants. This has led to a better user experience, which is driving the adoption of voice assistant applications. Moreover, the increasing trend of remote work and the need for virtual assistants is also boosting the growth of the voice assistant application market. With more people working from home, there is a growing demand for voice assistants that can help with scheduling, reminders, and other tasks.

 

Overall, the increasing adoption of smart speakers and voice-enabled devices, the integration of voice assistants into other devices, advancements in AI and natural language processing, and the need for virtual assistants in remote work environments are driving the growth of the voice assistant application market.

Segmentation:

By Application Type

·         Web Application

·         Mobile Application

·         Device Application

By Deployment Mode

·         On-premises

·         Cloud

By Organization Size

·         Small and Medium-Sized Enterprises (SMEs)

·         Large Enterprises

Geography:

The North American region dominates the voice assistant application market. This is due to the high adoption rate of smart speakers and voice-enabled devices in the region. According to a report by Voicebot.ai, North America accounted for 47.3% of global smart speaker sales in 2020. The report also stated that the US alone accounted for 96% of North American smart speaker sales. The presence of major tech companies such as Amazon, Google, and Apple in North America has also contributed to the region's dominance in the market. These companies have developed and launched their own voice assistant applications such as Alexa, Google Assistant, and Siri, which have gained significant popularity in the region. However, the Asia Pacific region is expected to witness significant growth in the voice assistant application market due to the increasing adoption of smart speakers and voice-enabled devices in countries such as China and India. The growing population and increasing internet penetration in these countries provide a large customer base for the voice assistant application market to expand. Moreover, the rise in virtual assistants for customer service and e-commerce is also expected to drive the growth of the market in the Asia Pacific region.

Impact of COVID-19 on the global Voice Assistant Application Market:

The COVID-19 pandemic has had a significant impact on the voice assistant application market. With people spending more time at home due to lockdowns and social distancing measures, the demand for smart speakers and voice-enabled devices has increased. Many people have turned to voice assistants as a way to control their smart home devices, access entertainment, and even shop online without leaving their homes. According to a report by Strategy Analytics, the global smart speaker market grew by 21% in Q2 2020, despite the pandemic's impact on the economy. The report also stated that Amazon and Google continued to dominate the market, with a combined market share of 65.6%. The pandemic has also accelerated the adoption of voice assistants in healthcare. With the need for contactless interactions and remote patient monitoring, voice assistants have become a valuable tool for healthcare professionals. They can help patients with their medication reminders, provide information about their health conditions, and even schedule appointments.

However, the pandemic has also led to supply chain disruptions and manufacturing delays, which have impacted the production and distribution of smart speakers and other voice-enabled devices. The closure of retail stores and the shift towards online shopping has also affected the sales of these devices. Despite these challenges, the voice assistant application market has shown resilience and is expected to continue to grow in the post-pandemic era.

Impact of the Russia-Ukraine War on the global Voice Assistant Application Market:

The impact of the Russia-Ukraine war on the voice assistant application market is minimal. While the conflict between the two countries has had a significant impact on the political and economic landscape of the region, it has not directly affected the production, distribution, or adoption of voice assistant applications. Most of the major players in the voice assistant application market are based in the United States and China, with a few companies located in Europe and other parts of the world. These companies may have business interests or investments in Ukraine or Russia, but the ongoing conflict has not had a significant impact on their operations or market growth. However, the Russia-Ukraine war has led to geopolitical tensions and trade restrictions that could indirectly impact the voice assistant application market. For example, the imposition of sanctions on Russian companies or individuals could affect their ability to invest in or partner with voice assistant application companies. Similarly, the disruption of global supply chains due to the conflict could lead to manufacturing delays or increased production costs, which could ultimately impact the prices and availability of voice assistant applications.

Overall, while the Russia-Ukraine conflict may indirectly impact the voice assistant application market, its impact is expected to be minimal compared to other factors such as technological advancements, consumer demand, and market competition.

Company Profiles:

·         Amazon

·         Google

·         Apple

·         Microsoft

·         Samsung

·         Baidu

·         Tencent

·         Alibaba

·         Xiaomi

·         Nuance Communications

·         SoundHound

·         Houndify

·         IBM Watson

·         Salesforce

·         Cisco Systems

Global Voice Assistant Application Market: Regional Analysis
The countries covered in the regional analysis of the Global Voice Assistant Application market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Voice Assistant Application market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Voice Assistant Application would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Voice Assistant Application Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Voice Assistant Application Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Voice Assistant Application
1.3 Voice Assistant Application Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Voice Assistant Application Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Voice Assistant Application
1.4.2 Applications of Voice Assistant Application
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Voice Assistant Application Industry Trends
1.5.2 Voice Assistant Application Drivers
1.5.3 Voice Assistant Application Market Challenges
1.5.4 Voice Assistant Application Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Voice Assistant Application Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Voice Assistant Application Industry Development

2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Voice Assistant Application Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Voice Assistant Application
2.2.1 Major Players Manufacturing Base of Voice Assistant Application in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Voice Assistant Application Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Voice Assistant Application
2.3.3 Labor Cost of Voice Assistant Application
2.4 Market Channel Analysis of Voice Assistant Application
2.5 Major Down Stream Customers by Application

3 Global Voice Assistant Application Market, by Type
3.1 Global Voice Assistant Application Revenue and Market Share by Type (2016-2021)
3.2 Global Voice Assistant Application Production and Market Share by Type (2016-2021)
3.3 Global Voice Assistant Application Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Voice Assistant Application Revenue and Growth Rate of Desktop-Windows
3.3.2 Global Voice Assistant Application Revenue and Growth Rate of Desktop-MAC OS
3.3.3 Global Voice Assistant Application Revenue and Growth Rate of Mobile-Android
3.3.4 Global Voice Assistant Application Revenue and Growth Rate of Mobile-iOS
3.3.5 Global Voice Assistant Application Revenue and Growth Rate of Other
3.4 Global Voice Assistant Application Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends

4 Voice Assistant Application Market, by Application
4.1 Downstream Market Overview
4.2 Global Voice Assistant Application Consumption and Market Share by Application (2016-2021)
4.3 Global Voice Assistant Application Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Voice Assistant Application Consumption and Growth Rate of Personal Use (2016-2021)
4.3.2 Global Voice Assistant Application Consumption and Growth Rate of Commercial Use (2016-2021)
4.3.3 Global Voice Assistant Application Consumption and Growth Rate of Industrial Use (2016-2021)
4.3.4 Global Voice Assistant Application Consumption and Growth Rate of Other (2016-2021)

5 Global Voice Assistant Application Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Voice Assistant Application Revenue and Market Share by Region (2016-2021)
5.2 Global Voice Assistant Application Consumption and Market Share by Region (2016-2021)
5.3 Global Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Voice Assistant Application Market Under COVID-19
5.4.2 North America Voice Assistant Application SWOT Analysis
5.5 Europe Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Voice Assistant Application Market Under COVID-19
5.5.2 Europe Voice Assistant Application SWOT Analysis
5.6 China Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Voice Assistant Application Market Under COVID-19
5.6.2 China Voice Assistant Application SWOT Analysis
5.7 Japan Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Voice Assistant Application Market Under COVID-19
5.7.2 Japan Voice Assistant Application SWOT Analysis
5.8 Middle East and Africa Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Voice Assistant Application Market Under COVID-19
5.8.2 Middle East and Africa Voice Assistant Application SWOT Analysis
5.9 India Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Voice Assistant Application Market Under COVID-19
5.9.2 India Voice Assistant Application SWOT Analysis
5.10 South America Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Voice Assistant Application Market Under COVID-19
5.10.2 South America Voice Assistant Application SWOT Analysis
5.11 South Korea Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Voice Assistant Application Market Under COVID-19
5.11.2 South Korea Voice Assistant Application SWOT Analysis
5.12 Southeast Asia Voice Assistant Application Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Voice Assistant Application Market Under COVID-19
5.12.2 Southeast Asia Voice Assistant Application SWOT Analysis

6 Global Voice Assistant Application Production by Top Regions (2016-2021)
6.1 Global Voice Assistant Application Production by Top Regions (2016-2021)
6.2 North America Voice Assistant Application Production and Growth Rate
6.3 Europe Voice Assistant Application Production and Growth Rate
6.4 China Voice Assistant Application Production and Growth Rate
6.5 Japan Voice Assistant Application Production and Growth Rate
6.6 India Voice Assistant Application Production and Growth Rate

7 Global Voice Assistant Application Consumption by Regions (2016-2021)
7.1 Global Voice Assistant Application Consumption by Regions (2016-2021)
7.2 North America Voice Assistant Application Consumption and Growth Rate
7.3 Europe Voice Assistant Application Consumption and Growth Rate
7.4 China Voice Assistant Application Consumption and Growth Rate
7.5 Japan Voice Assistant Application Consumption and Growth Rate
7.6 Middle East & Africa Voice Assistant Application Consumption and Growth Rate
7.7 India Voice Assistant Application Consumption and Growth Rate
7.8 South America Voice Assistant Application Consumption and Growth Rate
7.9 South Korea Voice Assistant Application Consumption and Growth Rate
7.10 Southeast Asia Voice Assistant Application Consumption and Growth Rate

8 Competitive Landscape
8.1 Competitive Profile
8.2 Nuance Communications Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Voice Assistant Application Product Profiles, Application and Specification
8.2.3 Nuance Communications Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Oracle Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Voice Assistant Application Product Profiles, Application and Specification
8.3.3 Oracle Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Samsung Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Voice Assistant Application Product Profiles, Application and Specification
8.4.3 Samsung Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Google Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Voice Assistant Application Product Profiles, Application and Specification
8.5.3 Google Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Onsei Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Voice Assistant Application Product Profiles, Application and Specification
8.6.3 Onsei Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 IBM Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Voice Assistant Application Product Profiles, Application and Specification
8.7.3 IBM Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Salesforce Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Voice Assistant Application Product Profiles, Application and Specification
8.8.3 Salesforce Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 SoundHound Inc. Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Voice Assistant Application Product Profiles, Application and Specification
8.9.3 SoundHound Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Microsoft Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Voice Assistant Application Product Profiles, Application and Specification
8.10.3 Microsoft Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Apple Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Voice Assistant Application Product Profiles, Application and Specification
8.11.3 Apple Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Deutsche Telekom Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Voice Assistant Application Product Profiles, Application and Specification
8.12.3 Deutsche Telekom Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Amazon Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Voice Assistant Application Product Profiles, Application and Specification
8.13.3 Amazon Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Voice Assistant Application Market Analysis and Forecast by Type and Application
9.1 Global Voice Assistant Application Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Desktop-Windows Market Revenue and Volume Forecast (2021-2026)
9.1.2 Desktop-MAC OS Market Revenue and Volume Forecast (2021-2026)
9.1.3 Mobile-Android Market Revenue and Volume Forecast (2021-2026)
9.1.4 Mobile-iOS Market Revenue and Volume Forecast (2021-2026)
9.1.5 Other Market Revenue and Volume Forecast (2021-2026)
9.2 Global Voice Assistant Application Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Personal Use Market Revenue and Volume Forecast (2021-2026)
9.2.2 Commercial Use Market Revenue and Volume Forecast (2021-2026)
9.2.3 Industrial Use Market Revenue and Volume Forecast (2021-2026)
9.2.4 Other Market Revenue and Volume Forecast (2021-2026)

10 Voice Assistant Application Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Voice Assistant Application Market Trends Analysis

11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment

12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI