Information Technology

Rising Focus on Smart Home Development Favors Sales in Intelligent Assistant Embedded Consumer Devices Market

The corporate intelligence survey by the Transparency Market Research predicts that the global intelligent assistant embedded consumer devices market will expand at a steady growth rate of 5.2 % over the forecast years i.e. 2018 to 2026. The rising number of third party vendors as well as developers operating within the global intelligent assistant embedded consumer devices market is anticipated to boost the productivity and innovation within the industry in coming years. This trend is likely to bolster the growth of the global intelligent assistant embedded consumer devices market in coming years. Additionally, rising focus on smart home development is also anticipated to propel the demand within the global intelligent assistant embedded consumer devices market over the forecast period. Moreover, the increasing adoption of emerging connectivity technologies is also likely to support the development trajectory of the global intelligent assistant embedded consumer devices market in the next few years.

The key types of devices provided by the manufacturers and players functional within the global intelligent assistant embedded consumer devices market include personal computers, home video entertainment devices, mobile devices, and household devices. Amongst these, the mobile devices segment is expected to witness the highest growth in the global intelligent assistant embedded consumer devices market in coming years. This trend can be attributed to the stark surge in the number of mobile phone users across the world. Moreover, digital revolutions taking place across various emerging and developed economies, such as South Africa, China, and India are also expected to drive the sales of mobile phones in the global intelligent assistant embedded consumer devices market in coming years.

North America to Emerge as Leading Region in Intelligent Assistant Embedded Consumer Devices Market

Key regions as well as major economies covered in the professional intelligence report on the global intelligent assistant embedded consumer devices market include South America (including Brazil and rest if the South America), Middle East and Africa (including the Gulf Cooperation Council countries, South Africa, and rest of the Middle East and Africa), Europe (including Germany, the United Kingdom, France, and rest of the Europe), North America (including Canada, the United States, and rest of the North America), and Asia Pacific (including China, India, Japan, and rest of the Asia Pacific). Regionally, North America region accounts for a dominating portion of the global intelligent assistant embedded consumer devices market in terms of value.

The strong positioning of North America region in the global intelligent assistant embedded consumer devices market can be attributed to fast paced and massive adoption of these electronic devices as well as the strong presence of well-trenched and numerous software and IT companies as well as electronic device manufacturers in the region. Furthermore, rising adoption of latest and ground breaking technologies as well as the rising number of individuals using smart phones in the region are also likely to emerge as attractive drivers for the development of the global intelligent assistant embedded consumer devices market in North America in coming years.

Players in the Intelligent Assistant Embedded Consumer Devices Market Focused on Collaborations and Partnerships

Few of the most prominent and leading manufacturers and players functional within the global intelligent assistant embedded consumer devices market include Samsung Electronics Co. Ltd., Apple Inc., LG Electronics, L. P., ARM Holdings, Amazon.com, Microsoft Corporation, Google, LLC, Lenovo Group, Ltd., HP Development Company, and Intel Corporation, among others. The major players and vendors within the global intelligent assistant embedded consumer devices market are adopting several corporate development strategies, most notably collaborations as well as strategic partnerships with local vendors, in order to expand their regional presence. Furthermore, some other significant development strategies employed by these major players in the global intelligent assistant embedded consumer devices market include increasing research and development investments to enhance their technologies and developing novel products with enhanced functionalities.

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