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The intelligent virtual assistant market is forecasted to grow by USD 30.14 billion during 2024-2029, accelerating at a CAGR of 40.8% during the forecast period. The report on the intelligent virtual assistant market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for enhanced customer service in businesses, benefits offered to content consumers, owners, and publishers, and integration of ivas with IOT and smart devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The intelligent virtual assistant market is segmented as below:
By Product
- Chatbots
- Smart speakers
By Type
- Text-to-speech
- Voice recognition
- Text-based
By Application
- Customer support
- Smart home management
- Education and training
- Healthcare assistance
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the intelligent virtual assistant market covers the following areas:
- Intelligent Virtual Assistant Market sizing
- Intelligent Virtual Assistant Market forecast
- Intelligent Virtual Assistant Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Type
10 Market Segmentation by Application
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global intelligent virtual assistant market: Ada Health GmbH, Amazon.com Inc., Anboto Europe SL Co., Apple Inc., Baidu Inc., Creative Virtual Ltd., eGain Corp., Google LLC, Inbenta Holdings Inc., Infermedica Sp. z o.o., Interactions LLC, International Business Machines Corp., Microsoft Corp., Nuance Communications Inc., Oracle Corp., Orbita Inc., Samsung Electronics Co. Ltd., Sense.ly Corp., True Image Interactive Inc., and Verint Systems Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing application of intelligent virtual assistants in healthcare."
According to the report, one of the major drivers for this market is the increasing demand for enhanced customer service in businesses.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ada Health GmbH
- Amazon.com Inc.
- Anboto Europe SL Co.
- Apple Inc.
- Baidu Inc.
- Creative Virtual Ltd.
- eGain Corp.
- Google LLC
- Inbenta Holdings Inc.
- Infermedica Sp. z o.o.
- Interactions LLC
- International Business Machines Corp.
- Microsoft Corp.
- Nuance Communications Inc.
- Oracle Corp.
- Orbita Inc.
- Samsung Electronics Co. Ltd.
- Sense.ly Corp.
- True Image Interactive Inc.
- Verint Systems Inc.