Intelligent Virtual Assistant Market: Global Industry Analysis and Opportunity Assessment 2017-2027


#13419

Future Market Insights

$ 5000

Intelligent virtual assistant is a next generation software solution that enables user interaction with PC, mobile through internet, SMS, messenger and other interfaces. Intelligent virtual market has a significant demand across various industry for the features they are offering such as responding efficiently to consumer queries in a cost-effective manner. Virtual assistants can take on multiple roles on a website, such as answering customer questions, performing various helpful tasks and connecting to enterprise systems when needed. Intelligent Virtual Assistant technology provides features such as the ability to recognize different languages and respond via voice or text and interaction in natural languages.

Intelligent Virtual AssistantMarket: Drivers and Challenges

Advancement of natural language processing and artificial intelligence technologies drive the virtual assistance market because these technologies help to process large amount of data and solve the consumer queries on real-time basis. Changing customer approach towards enterprises needs the customer centric platform that increases the demand for intelligence virtual assistant market.

In Contrast to this, complexity in understanding the user objectives and difficulty in integration of knowledge base of intelligent Virtual Assistant and enterprise is restraining the growth of Intelligent Virtual Assistant Market.

Intelligent Virtual Assistant Market: Segmentation

Segmentation on the basis of technology:

  • Text-to-Speech
  • Speech Recognition
  • Voice Recognition

Segmentation on the basis of industry:

  • BFSI
  • Healthcare
  • Retail
  • Automotive
  • Defense and Government
  • Others

Intelligent Virtual Assistant Market: key players

Some of the key players for Intelligent Virtual Assistant Market are Next IT Corporation, Nuance Communications, Inc., IntelliResponse Systems, Inc., CodeBaby Corporation, Creative Virtual Ltd., Speaktoit, Inc., Artificial Solutions, eGain Corporation, CX Company and Anboto Group.

Intelligent Virtual Assistant Market: Regional Overview

Intelligent Virtual Market is currently dominated by North America due to the technological advancements.Asia Pacific Intelligent Virtual Assistant Market is expected to have the highest growth rate during the forecast period.

Market Segments

  • Intelligent Virtual Assistant Market Dynamics
  • Historical Actual Market Size, 2013 - 2015
  • Intelligent Virtual Assistant Market Size & Forecast 2017 to 2027
  • Value Chain
  • Intelligent Virtual Assistant Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Intelligent Virtual Assistant Market Drivers and Restraints

Regional analysis for Intelligent Virtual Assistant Market includes development of these systems in the following regions:

  • North America
  • US
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Europe
  • U.K.
  • France
  • Germany
  • Poland
  • Russia
  • Asia Pacific
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other Africa

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.