Simon Forrest | Market research, data, reports, marketing insights and analytics, forecasts and intelligence covering a range of technology industries. Also consumers surveys, custom consulting and events.

Virtual assistants ready to rocket, as AI tipped to transform the market

As the virtual assistant (VA) market braces itself for the transition to generative AI, a new report from Futuresource Consulting reveals VA-enabled product shipments are on track to grow by 16% this year. And while generative AI is a welcome disruption, with the potential to inject new energy into the market, there are difficulties to overcome.

Date Published: 05 Aug 2024

Author: Simon Forrest

Consumer Electronics

AI: Are we nearly there yet?

Leading companies are making transformative steps in Artificial Intelligence (AI) throughout 2024, as the technology continues to penetrate virtually every aspect of computing. The advent of pre-trained transformer models has revolutionised the AI discipline. Meanwhile, the semiconductor industry is making astonishing progress in designing silicon chips with processors specifically engineered to execute AI-based tasks more efficiently.

Date Published: 20 May 2024

Author: Simon Forrest

News
Consumer Electronics

Virtual assistant market on track for 5% growth, while new wave of AI models will boost future expansion

The virtual assistant market is on the threshold of change, with platform owners reassessing strategies for voice as consumer replacement cycles begin to lengthen. Yet despite the slowdown, there is still plenty of market opportunity for vendors.

Date Published: 08 Aug 2023

Author: Simon Forrest

Consumer Electronics

Virtual Assistants on Track for 2.1 Billion Shipments in 2022, Leading to Strong Long-term Outlook

Virtual assistants continue to present a significant opportunity for consumer electronics and automotive manufacturers alike, as a new report from Futuresource Consulting forecasts global shipments of 2.1 billion units in 2022.

Date Published: 16 Aug 2022

Author: Simon Forrest

Consumer Electronics

Virtual Assistants Achieved 33% Growth in 2021

Virtual assistants continue to gain traction worldwide, achieving shipments of nearly 2.2 billion units in 2021, according to a new market tracker report from Futuresource Consulting.

Date Published: 15 Feb 2022

Author: Simon Forrest

Consumer Electronics