1 / 7

Virtual Assistant Market 2020-2025 Consumption, Demand Growth, Production Analys

Global Virtual Assistant Market report analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces.

Thomashinds
Download Presentation

Virtual Assistant Market 2020-2025 Consumption, Demand Growth, Production Analys

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Adroit Market Research Global Virtual assistant Market Rising penetration of smartphones and tablets in mobile banking will fuel the virtual assistant market growth Single Use License: US$ 4400 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  2. Adroit Market Research Virtual assistant Market Growth Set to Surge Significantly by 2025 Virtual assistant Market Growth Set to Surge Significantly by 2025 A virtual assistant is a software-based application that can identifies voice commands and responds or completes tasks for a user. Virtual assistants are installed in almost every tablet and smartphone, advanced computers, and, nowadays in standalone devices such as Google Home and Amazon Echo. Virtual assistants can do anything like a human from play music, answer questions, tell jokes, and control home items such as door locks, lights, thermostats, and smart home devices. They are also able to send text messages, respond to various voice commands, make phone calls, and set up reminder Increasing use of virtual assistant solutions to improve customer service The rising adoption of virtual assistant solutions in customer service is considered as the primary factor driving the growthof the global market across the globe. With the help of virtual assistant solutions, companies can enhance customer service functions such as front desk activities, meeting reminders, and other customized services. An increasing number of mobile payments across the globe is one of the major factors contributing to the growth of virtual assistant solutions. For instance, it is expected that around 1.06 billion people will make mobile payments by the end of 2020. Furthermore, increasing usage of smart technologies and devices such as smart speakers and chatbots in industries such as retail, automotive, media & entertainment, travel, etc. is expected to impact significantly on the growth of the virtual assistant market. Various consumer products brands have already adopted virtual assistant solution in their business operations. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  3. Adroit Market Research Virtual assistant Market Growth Set to Surge Significantly by 2025 Virtual assistant Market Growth Set to Surge Significantly by 2025 Adoption of natural language processing in virtual assistant solutions • The development of natural language processing (NLP) is also one of the major factors contributing to the growth of the global virtual assistant market over the forecasted period. NLP is an element of artificial intelligence (AI), which is capable of analyzing human language and converting it into machine language. NLP has the ability to operate the system only when the recorded voice is detected in various applications. The automotive application holds a significant market share • Consumer electronics, automotive, healthcare, BFSI, retail, and others are some of the applications analyzed in this market. Among these, the automotive application is expected to have the highest growth rate during the analysis period. The adoption of integrated technologies such as ADAS technologies, adaptive cruise control, automatic parking, etc. has increased. Combining these features with a virtual assistant, automotive manufacturers can deliver smart and safer driving experience and personalized content to the driver. Browse the complete report on @ https://www.adroitmarketresearch.com/industry- reports/virtual-assistant-market +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  4. Adroit Market Research Virtual assistant Market Growth Set to Surge Significantly by 2025 Virtual assistant Market Growth Set to Surge Significantly by 2025 North America holds the largest share in the global market Geographic regions included in the global virtual assistant market study are North America, Europe, Asia Pacific, South America, and Middle East & Africa along with its major countries. Among these, North America is expected to hold the largest share in the global virtual assistant market in a given forecasted period. The rising number of wireless devices and mobile subscribers in North America is expected to drive the virtual assistant market in the region. Additionally, increasing the adoption of Bring Your Own Device (BYOD) has led to the emergence of working remotely. Moreover, increasing the use of cloud-based solutions such as MS Office and Skype has led to technological advancements, which further impacted the demand for virtual assistant solutions in the region. Key Market Players • IBM Corporation • Google Inc. • CodeBaby Corporation • MedRespond • Next IT Corporation • Nuance Communications, Inc. • Oracle Corporation • Apple Inc. • Microsoft +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  5. Adroit Market Research Market Segments: Virtual assistant Market Market Segments: Virtual assistant Market By Product Chatbots Smart Speakers By Technology Automatic Speech Recognition Text-to-Speech By Application Consumer Electronics Automotive Healthcare BFSI Retail Regional Overview, 2018-2028 (USD Million) North America Europe Asia Pacific South America Middle East & Africa +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  6. Adroit Market Research Market Segments: Virtual assistant Market Market Segments: Virtual assistant Market Key Questions Answered • What are the key growth regions and countries? • What are the important types and technologies being used? • What are the market players doing, in terms of research and development? • Which are the new applications for this market? • What are the integrations happening? • What are the recent news, developments, mergers, or large value deals? Purchase a single user copy of the global Virtual assistant Market report@ https://www.adroitmarketresearch.com/researchreport/purchase/1373 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

  7. Adroit Market Research About Us About Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. Contact Us US Headquarters Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

More Related