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Global Intelligent Virtual Assistant Market Information, by Technology (Text-to-speech, Speech recognition), by Application Vertical (BFSI, Healthcare, Automotive, E-Commerce, Aerospace, IT), by End User (Individual, Small & Medium Enterprises, Large Enterprises) - Forecast 2016-2027

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global intelligent virtual assistant market

Global Intelligent Virtual

Assistant Market

Research Report:

Forecast to 2022

Telecom API Market Research Report: Forecast to 2022

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telecom api market research report forecast

Telecom API Market Research Report: Forecast to 2022

VIEW REPORTS

SAMPLE REPORTS

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Telecom API Market Research Report: Forecast to 2022

Summary

Intelligent Virtual Assistant Market is a next generation technology or 3D animated persona which

delivers the voice based or text based information via mobile phones, tablets, PCs or kiosk. Intelligent

virtual assistant can respond to emails, schedule meetings, and remind you about upcoming tasks

and so on. With the development in the technology, intelligent virtual assistant market is seeing a

tremendous opportunities in the upcoming years. Currently, intelligent virtual assistant market has

been valued at US high billion which is expected to reach market size of US high billion by the end of

forecasted period with the CAGR of high.

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Telecom API Market Research Report: Forecast to 2022

Market Highlights

IVA or Intelligent virtual assistant is new technological product and a computer-generated

persona which helps the customer to provide information through smartphone, kiosk or a

website by using text-based or voice based assistant. In the last few years, the IVAs have gain

tremendous popularity over the traditional information centres. High use of smartphones

among the youngsters and rapid changes in the technology are some of the major factors driving

the market. As a major trend, social media holds major impact on growth of the global market.

As the amount of people using social media platforms are increasing, they are becoming highly

depended on the things they explore while making any purchase decision. On the other hand,

IVAs are also becoming more popular among the retail industry. IVA helps retail industry in

several ways including enhanced customer experience and analyzing the buying behavior of the

customer in most efficient way.

IVAs also helps the companies to generate data regarding the question and answers which

people look for and make changes in their products offering. From industries such as healthcare

where the IVAs helps to navigate the patients to banking sectors where IVAs helps the customers

to minimize the work time. Intelligent Virtual Assistant system has proven to be one of the

revolutionizing technology in the current technological environment.

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Telecom API Market Research Report: Forecast to 2022

Major Key Players:

Nuance Communications (U.S.),

Anboto (Spain),

Google (U.S.),

eGain (U.S.),

CX Company (Netherlands),

ViClone (Spain),

Inbenta (U.S.),

GetAbby (U.S.),

Creative Virtual (U.K.),

Next IT (U.S.)

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Segments:

Segmentation by Technology: Text-to-speech and Speech recognition.

Segmentation by Application: Vertical: BFSI, Healthcare, Automotive, E-Commerce, Aerospace, IT

among others.

Segmentation by End User: Individual, small & medium enterprises and large enterprises.

Segmentation by Region: North America, Europe, Asia-Pacific & RoW.

Industry News:

In May 2016, Google unveils its Google Assistant, a new intelligent virtual assistant that can

help in daily routine.

In April 2016, Nuance Communications announced that Nina virtual assistant helping

Swedbank customers like a human.

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Regional Analysis:

North America is dominating the market of intelligent virtual assistant with the market share of high.

Technological advancement in North American countries is some key drivers for this market. Europe

stands as second biggest market for IPA with the market share of high. The market size of IPA in

Europe region has been valued at US high billion in the year 2015. Asia-Pacific has emerged as fastest

growing market where APAC has witnessed CAGR of high which is very high. It is expected that APAC

will dominate the market of intelligent virtual assistant by the end of forecasted period.

Study Objectives of Quantum Computing Market:

To provide detailed analysis of the market structure along with forecast of the various

segments and sub-segments of the Global Intelligent Virtual Assistant Market

To provide insights about factors affecting the market growth

To analyze the Intelligent Virtual Assistant market based on various factors- price analysis,

supply chain analysis, porters five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with

respect to four main geographies and their countries- North America, Europe, Asia, and Rest

of the World (ROW)

To provide country level analysis of the market with respect to the current market size and

future prospective

To provide country level analysis of the market for segment by technology, by application

verticals, by end user and sub-segments.

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