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LONDON, GREATER LONDON, UNITED KINGDOM, June 13, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
The voice AI in smart homes market size has grown exponentially in recent years. It will grow from $13.56 billion in 2024 to $20.09 billion in 2025 at a compound annual growth rate CAGR of 48.2%. The growth in the historic period can be attributed to increasing consumer demand, rising adoption of IoT devices, rise in smart home automation, growing advancements in natural language processing, and increasing focus on convenience and energy efficiency.
What's The Projected Growth Of The Voice AI In Smart Homes Market?
The voice AI in smart homes market size is expected to see exponential growth in the next few years. It will grow to $95.86 billion in 2029 at a compound annual growth rate CAGR of 47.8%. The growth in the forecast period can be attributed to growing integration of AI with smart appliances, rising adoption of voice-enabled virtual assistants, increasing investments in home automation technologies, expanding use of voice for personalized user experiences, and advancements in AI and machine learning algorithms. Major trends in the forecast period include advancement in multilingual voice recognition, advanced voice security features for smart homes, innovation in seamless device integration, advancement in voice-driven health monitoring, and advanced natural language processing capabilities for more accurate interactions.
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What Drives The Growth In Voice AI In Smart Homes Market?
The increasing consumer demand for automation is expected to fuel the growth of the voice AI in smart homes market going forward. Automation refers to using machines or systems to carry out tasks without human help, making processes more efficient and consistent. Consumer demand for automation is rising due to the increasing need for convenience, as automated systems simplify daily tasks and save time by performing routine functions without manual intervention. Consumer demand for automation supports voice AI in smart homes by driving the need for hands-free control, allowing users to effortlessly manage multiple devices and functions through simple voice commands, enhancing both comfort and efficiency.
Who Are The Major Players In Voice AI In Smart Homes Market?
Major companies operating in the voice ai in smart homes market are Amazon.com Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Comcast Corporation, Huawei Technologies Co. Ltd., Siemens AG, Lenovo Group Limited, LG Electronics Inc., Orange S.A., GE Appliances a Haier company, Signify N.V., Bose Corporation, Sonos Inc., Miele & Cie. KG, Crestron Electronics Inc., Arlo Technologies Inc., SimpliSafe Inc., Control4 Corporation, Ecobee Inc., Wyze Labs Inc., Harman International Industries Inc.
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What Are The Emerging Trends in Voice AI In Smart Homes Market?
Major companies operating in the voice AI in smart homes market are developing technologically advanced solutions, such as AI-powered interactive toys, to enhance both learning and entertainment. AI-powered interactive toys are smart playthings embedded with artificial intelligence that can engage with users through speech, movement, and adaptive responses, creating personalized and immersive play experiences.
How Is The Voice AI In Smart Homes Market Segmented?
The voice ai in smart homes market is segmented into the following categories:
1 By Smart Home Device Type: Smart Speakers And Assistants, Smart Displays, Smart Thermostats And Environmental Control Systems, Smart Lighting Systems, Smart Security Devices, Other Smart Home Device Types
2 By Technology: Natural Language Processing NLP, Machine Learning And Deep Learning, Edge Computing And On-Device Processing, Other Technologies
3 By Deployment Mode: Cloud-Based, On-Premise
The market subsegments include:
1 By Smart Speakers And Assistants: Standalone Smart Speakers, Smart Assistants Integrated Into Devices, Voice-Controlled Hubs
2 By Smart Displays: Voice-Activated Smart Displays, Video Calling Smart Displays, Smart Displays With Integrated Hubs
3 By Smart Thermostats And Environmental Control Systems: Voice-Controlled Thermostats, Smart Air Conditioners And Heaters, Smart Air Quality Monitors, Voice-Activated Humidifiers Or Dehumidifiers
4 By Smart Lighting Systems: Voice-Activated Light Bulbs, Smart Light Switches And Dimmers, Smart Ambient And Mood Lighting, Lighting Control Hubs
5 By Smart Security Devices: Smart Door Locks, Voice-Controlled Security Cameras, Smart Doorbells, Smart Motion Sensors, Alarm Systems With Voice Control
6 By Other Smart Home Device Types: Voice-Controlled Smart Appliances, Smart TVs With Voice Assistants, Voice-Activated Irrigation Systems, Smart Plugs And Power Strips, Smart Garage Door Openers
What Are The Regional Insights Into The Voice AI In Smart Homes Market?
North America was the largest region in the voice AI in smart homes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the voice ai in smart homes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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