Voice Based Shopping Market 2020: Opportunities, Revenue, Global Industry Overview, Manufacturers, Application & Future-Forecast 2025 - PowerPoint PPT Presentation

About This Presentation
Title:

Voice Based Shopping Market 2020: Opportunities, Revenue, Global Industry Overview, Manufacturers, Application & Future-Forecast 2025

Description:

AdroitMarketResearch.com include new Voice Based Shopping Market research report market to its huge collection of research reports. – PowerPoint PPT presentation

Number of Views:42

less

Transcript and Presenter's Notes

Title: Voice Based Shopping Market 2020: Opportunities, Revenue, Global Industry Overview, Manufacturers, Application & Future-Forecast 2025


1
Global Voice Based Shopping Market
  • Voice Based Shopping Market Changing Consumer
    Outlook towards Shopping

Single Use License US 4400
Request Sample
2
Voice Based Shopping Market Size Share Analysis
(2018-2025)
  • Hey Alexa, Buy me a Shampoo Or Google, Buy the
    grocery list
  • Well, this is what Voice based shopping is all
    about. Talking to your devices and getting your
    work done. This revolutionary voice search
    technology can be your new go to shopping
    destination.
  • Your Basic guide to Voice Based Shopping
  • Voice based shopping is a new trend owners of
    digital assistants that work by recognizing
    voice, natural language processing and speech
    synthesis are following. Digital assistants and
    voice based devices help users buy products only
    by commanding tasks to the devices. Smart devices
    and speaker records consumer information like
    address, payment details, and contact details.
    However, with Alexa and Google these details are
    already updated during the registration process.
    This pre saved information makes it easier for
    the devices to take orders and process it.
  • Voice Based Shopping is revolutionizing the way
    consumers are buying. Many across the globe
    prefer e-commerce mode of shopping. Some of the
    factors driving the e-commerce market are the
    ease of shopping anywhere and anywhere,
    attractive offers, wide range of products and
    quick delivery and return systems offered by
    e-commerce vendors.
  • Trends, Benefits and Challenges of Voice Based
    Shopping
  • Voice based shopping is extremely convenient for
    buyers as it allows reordering based on
    previously placed orders at the same time it
    gives various options and alternatives for the
    same ordered product. Smart devices save
    information regarding your product preference,
    brand, price bracket, quantity to reorder the
    same product in the future.

3
Voice Based Shopping Market Size Share Analysis
(2018-2025)
  • However, voice based shopping has many challenges
    to overcome, to have a brighter and longer
    future. Some of the challenges faced by the voice
    based shopping industry are
  • Difficulty in voice recognition, as the concept
    is all about voice there might be times the
    system doesnt understand and comply with your
    language. This might be due to technical
    difficulties or change in voice tone due to
    several reasons.
  • The ordering process is simple in Alexa since the
    details are already fed in the system. Incidents
    of accidental purchases are reported owing to the
    ease of process. Especially in case of children
    where accidental order placement can also take
    place. Amazon not only orders for you, but also
    analyzes and saves your purchases.
  • Ordering the wrong product is also possible as
    buyers cant see the product here like in the
    case of app shopping. No provision of visual aid
    to analyze a product before purchasing can cause
    problems for the voice based shopping market. But
    then again, there is fair change of the
    convenience provided by these devices
    overpowering its limitation of visual aid.
  • These challenges are expected to be resolved in
    future, with the help of growing innovation in
    various phases of technology.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/voice-based-shopping-market

4
Voice Based Shopping Market Size Share Analysis
(2018-2025)
  • Future of Voice Based Shopping
  • Currently, only a small percentage of people
    owning smart speakers and devices use it for
    shopping purposes, not more than 305 but, this
    number is expected to shoot up to around 50 by
    2020. However, the industry is just is still
    budding and the pace at which technology is
    developing, in no time it will get stronger. At
    the foremost, there is a need for better and
    enhanced security, to avoid accidental orders
    which seems to be a problem for market players.
    Reports of devices, not being able to understand
    the voice command are constantly heard, providers
    need to work around this and offer better user
    experience to buyers.
  • In the future, these devices will give more
    personalized experience to the buyer at the same
    time understand different voices in the same
    house. Another, feature to look out for in the
    voice based shopping market is the ability to
    talk to your cars, refrigerators, lamps, fans and
    other devices. The automotive industry would also
    witness new technologies and growth by car speech
    recognition. 2018, saw car speech recognition as
    becoming standard and would be growing in the
    coming years. Amazon has partnered with Marriott
    Group to launch Alexa exclusively for
    hospitality. This will help consumers undertake
    simple tasks like ordering towels, calling and
    controlling room lighting.
  • Purchase a single user copy of the global Voice
    Based Shopping Market report_at_ https//www.adroitma
    rketresearch.com/researchreport/purchase/770

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
Write a Comment
User Comments (0)
About PowerShow.com