Smart Advisors Market Size, Industry is growing at 35.9% CAGR to 2025

Smart Advisors Market

Summary

A smart advisor, also called a smart advisor program, is an application program that is used to understand the natural language and complete all the electronic tasks for an end user. Such a task, which can be performed by a smart advisor and were performed by personal assistants in past, includes taking dictations, reading texts or emailing messages aloud, look up for phone numbers, anticipate requests, place calls and remind the end users about the appointments.

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In 2017, the global Smart Advisors market size was 950 million US$ and it is expected to reach 11100 million US$ by the end of 2025, with a CAGR of 35.9% during 2018-2025.

Major Players in Smart Advisors market are: Artificial Solutions, Nuance Communications, BM Watson, Next IT, Creative Virtual, eGain, CX Company, Codebaby, Speaktoit.

Major Regions play vital role in Smart Advisors market are: United States, Europe, China, Japan, Southeast Asia, India, Central & South America.

Research Framework

Today's smart advisors are programmed with the artificial intelligence, voice recognition and machine learning technology. As the end users interact with their smart advisors, the Artificial Intelligence program uses the sophisticated algorithm for learning from data inputs and becomes better in the prediction of an end user's need.

Tomorrow's smart advisors would be built on a modern cognitive computing technology which allows a smart advisor understanding and carrying out multi-step request and then performs more complex task like making a plane reservation. Smart advisors are a contrast to other type of consumer facing Artificial Intelligence programming called digital assistants.

Smart advisors are subject oriented, on the other hand digital assistants are task oriented. For Example a Smart Advisor enables an organization to automatically identify physician with the highest or lowest cost and performance. By use of an intelligent IT (Information Technology) platform, a Smart Advisor filters the entire population of physicians in the database to extract out only those physicians which are warranting assessment based on statistical significance level, case load volume, and other key criterias.

North America is the largest market for smart advisors and is anticipated to be the largest market in the coming years owing to the increasing use of technology. Asia Pacific is the fastest growing market for the automated optical inspection systems in the region owing to the rise in application of the technology in different industries in the region.

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Scope of the Report:

Global Smart Advisors Market: Type Outlook: Software, Services.

Global Smart Advisors Market: Application Outlook: Financial Services, Healthcare, Consumer Electronics, Retails, Travel & Hospitality, Government, Education, Others.

For studying the report in a detailed yet brief manner have a look at the parts used in the Smart Advisors Market report:

PART 01: Smart Advisors Executive Summary

PART 02: Scope of The Report

PART 03: Research Methodology

PART 04: Market Landscape

PART 05: Market Sizing

PART 06: Five Forces Analysis

PART 07: Market Segmentation by Product

PART 08: Customer Landscape

PART 09: Regional Landscape and many more

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