Vertical Form Fill Seal VFFS Machine Market Insights Video

According to Cognitive Market Research, the global Voice Assistant market size is USD 3158.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 28.0% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 1263.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 26.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 9427.46 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 726.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.0% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 157.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 27.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 63.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 27.7% from 2024 to 2031.
• The Smart Speakers held the highest Voice Assistant market revenue share in 2024.