Who are The Leading Manufacturers of Next Generation Search Engines Market 2019 with Latest Development, Business Plans, and Upcoming Technologies, Forecast to 2024


Next Generation Search Engines

The Next Generation Search Engines Market report expects to give a 360-degree perspective available as far as cutting-edge innovation, key improvements, drivers, restrictions and future patterns with effect examination of these patterns available for present moment, mid-term and long term during the forecast period. Further, the report likewise covers key players profiling with point by point SWOT investigation, budgetary certainties and key improvements of items/administration from the previous three years.

The report first poses the Next Generation Search Engines Market basics: definitions, applications, classifications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and more.

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Scope of the Report:

  • Next generation search engines are considered as advanced search engines incorporated with New technologies like embedded AI capabilities. Voice-based (Google Assistant, Alexa) and Image based (Google Lens) searches are considered as next generation search engines.

    There are 4 key segments covered in this Next Generation Search Engines Systems Market report:

    • Competitor segment
    • Product type segment
    • End-use/application segment
    • Geography segment

    Next Generation Search Engines Market with Key Segments:

    By Product Types: Type 1, Type 2, Type 3

    By Applications: Application 1, Application 2, Application 3

    By Key Players:

  • Amazon.com Inc.
  • Alphabet Inc. (Google)
  • Alibaba Group
  • Sonos Inc.
  • Harman
  • Kardon Inc. /JBL
  • Apple Inc.
  • Bose Corporation
  • Xiaomi Inc.
  • Baidu Inc.

    Price of Report: $ 4250 (SUL)

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    Market Overview:

  • The next generation search engines market was valued at USD 11.85 billion in 2018, and it is expected to reach USD 44.37 billion by 2024, registering a CAGR of 25.5% during the forecast period (2019-2024). The ongoing advancements in the voice-activated capabilities of devices are making voice searches by the user even more commonplace, hence, developing the opportunities for the market, over the forecast period.
  • – The rapidly increasing need for semantic search capabilities, the reduction of value in traditional keyword strategies, and the emergence of long-tail phrase optimization are some of the major factors that will drive the market for next generation search engines, over the forecast period.
  • – Intelligent virtual assistant (IVA) smart speakers are experiencing substantial growth in the market, and are playing a very significant role in the evolution of the voice user interface, in smart homes. The current growth in the smart homes and smart office markets is also expected to boost adoption for next generation search engines.
  • – In a modern house installed with a set of connected gadgets, connectivity issues are bound to happen. Connection problems arising with the voice-based search engine devices may require the user to first repeat the power cycle of the speaker, as well as the modem and the router, which presents a challenge to the market.

    Next Generation Search Engines Market Report Provides the Following:

    Next Generation Search Engines Market

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    Key Market Trends:

    Personal Segment to Witness the Highest Growth

    – Smart speakers in the personal end-user vertical are expected to hold the majority share in the market owing to the growing usage of the devices in smart homes. The integration of smart speakers with smart home devices, such as TVs, thermostats, and smart lightbulbs is encouraging consumers to adopt these devices for personal uses.
    – According to Google, Google Assistant, which works on the Google Home line of smart speakers and displays, is integrated with more than 1,600 home-automation brands and more than 10,000 devices.
    – Furthermore, according to the Voicebot Smart Speaker Consumer Adoption Report, January 2019, the most popular smart home devices by a wide margin are smart TVs with 33.3%., followed by smart lighting at 21.2%, voice interactive game consoles and cable boxes at 14.4% and smart thermostats at 12.4%.
    – Moreover, with the increasing sales of smart home devices in the United States The market is expected to drive the market further in that region.

    Asia-Pacific Occupies the Largest Market Share

    – Asia Pacific region currently holds the largest market share for the market studied and the demand for the product in the region which is primarily from the emerging economies is expected to remain high and the major players are expected to focus primarily on this region with the target audience being youths.
    – China, India, Japan, South Korea, Singapore, and other populous nations are the nations with consumer product based demand, are expected to remain the target market as the product demand here is driving the market.
    – Also. the major vendors in this region are expected to target the price sensitive consumer group by offering products in different price segments and therefore create an opportunity for vendors that offer products at a low price. Vendors with costly products may target the different customer segment by offering products as a package in collaboration with other electronic products, such as notebooks, tablets.
    – The presence of a vast population with different regional languages spoken has prompted the market vendors to offer a language-based search capacity in the regional language.

    Next Generation Search Engines Market Covers Following Points in TOC:

    • Chapter 1: Next Generation Search Engines Market Definition
    • Chapter 2: Research Methodology of Next Generation Search Engines Market
    • Chapter 3: Next Generation Search Engines Market Executive Summary
    • Chapter 4: Next Generation Search Engines Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Next Generation Search Engines Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Next Generation Search Engines Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Next Generation Search Engines Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Next Generation Search Engines Market

    For Detailed TOC Click Here

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