Home > Media & Technology > Next Generation Technologies > AI and Machine Learning > Multimodal UI Market

Multimodal UI Market Size

Report ID: GMI12005
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Multimodal UI Market Size

The global multimodal UI market size was valued at USD 19.5 billion in 2023 and is estimated to grow at a CAGR of 16.5% from 2024 to 2032. The rise of artificial intelligence (AI) and machine learning (ML) technologies has been a transformative force in the market. These advanced algorithms can analyze and process data from multiple modalities like voice, touch, gestures, and even facial recognition. AI models enable devices to interpret human behavior more accurately, facilitating smoother and more intuitive interactions.

To get key market trends

Download Free Sample

For example, virtual assistants like Alexa and Siri use AI to understand natural language commands, improving responsiveness. As AI technologies evolve, multimodal UIs are becoming smarter, more adaptable, and more capable of handling complex tasks, making them highly desirable across various industries, including healthcare, automotive, and consumer electronics.

Multimodal UI Market Report Attributes
Report Attribute	Details
Base Year:	2023
Multimodal UI Market Size in 2023:	USD 19.5 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	16.5%
2024 – 2032 Value Projection:	USD 77 Billion
Historical Data for:	2021–2023
No. of Pages:	210
Tables, Charts & Figures:	360
Segments covered:	Component, Interaction, Platform, End-use Industry Vertical
Growth Drivers:	Rising adoption of smart devices Advancements in AI and machine learning Growing demand in automotive sector Integration with augmented and virtual reality (AR/VR)
Pitfalls & Challenges:	Compatibility Issues Across Devices Data Privacy and Security Concerns

Learn more about the key segments shaping this market

Download Free Sample

The widespread use of smart devices like smartphones, smartwatches, smart TVs, and wearables is driving the demand for more sophisticated interaction methods. Multimodal UIs cater to the growing consumer expectation of seamless and intuitive engagement with their devices. People increasingly expect to control their devices with a combination of voice commands, touchscreens, and gestures.

This demand is particularly notable in emerging markets where smartphone penetration is growing rapidly, creating opportunities for multimodal UI adoption. Moreover, the adoption of smart home ecosystems, where devices like thermostats, lights, and home security systems are interconnected, further boosts the need for multimodal interfaces that allow users to control multiple devices effortlessly.

For instance, in March 2023, Amazon and the Indian Institute of Technology–Bombay (IIT Bombay) announced a multiyear Amazon IIT–Bombay AI-ML Initiative. This collaboration will fund research projects, PhD fellowships, and community events to advance AI and ML within speech, language, and multimodal AI domains.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size of multimodal UI reached USD 19.5 billion in 2023 and is estimated to grow at a 16.5% CAGR from 2024 to 2032, driven by advancements in AI and machine learning technologies.

The gesture recognition segment is anticipated to register a CAGR of 19.7% through 2032, owing to its extensive use in gaming, VR, AR, and smart home environments.

The hardware segment is projected to account for USD 30.8 billion by 2032, as it includes essential components like touchscreens, microphones, cameras, sensors, and smart speakers.

The U.S. multimodal UI market accounted for 76.2% of the revenue share in 2023, led by significant investments from tech giants like Apple, Amazon, and Google in multimodal platforms.

Key players in the industry include Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, Nuance Communications, Inc., NVIDIA Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Sony Corporation, Synaptics Incorporated, and Texas Instruments Incorporated.