Press release
Intelligent Virtual Assistant Market Analysis & Technological Innovation by Leading Key Players - IBM Corporation, Nuance, Clara Labs, InteliWISE, eGain Communications, Creative Virtual, CX Company, 24/7 Customer Inc., Artificial Solutions & More
Intelligent Virtual Assistant
Intelligent Virtual Assistant Market size is expected to exceed USD 11 billion by 2024. Growing focus on customer engagement to enhance user experience is expected to drive the intelligent virtual assistant market size in the future. Virtual assistants are deployed in mobile devices, enterprise websites, and social media that enable them to have constant communication with clients. For instance, companies install them to provide brand or product information to clients. In addition, it helps in promotions by asking new users to sign in to the company's loyalty account. Customer engagement solutions emphasize on providing enhanced direct experience and help companies to increase revenue and improve customer satisfaction and retention.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467873/
Speech recognition is expected to witness significant growth with a CAGR of over 37% from 2016 to 2024 owing to the high demand for speech recognition technology across the medical and automotive applications.
Moreover, increasing focus of technology giants including Microsoft and IBM to minimize the error rate is expected to significantly contributes towards high intelligent virtual assistant market share. The ability to covert a person's voice into a recognizable data pattern is projected to propel the demand for voice recognition over the coming years.
IVA market share as service assistant is anticipated to witness high adoption over the future as it is capable of assisting businesses on customer requirements and work flow balance, thereby, delivering immediate productivity. Intelligent virtual assistant market share as customer assistants is projected to grow considerably at nearly 35% CAGR over the forecast timeline.
The technology provides advantages such as enhance support, low operating cost, high customer satisfaction, personalized service to customers, multiple language &device support. Furthermore, it proves to be a key differentiator that increases consumer loyalty, income and sales.
Intelligent virtual assistant market size is expected to witness significant demand across the retail industry owing to the features they offer such as responding efficiently to consumers queries and issues in a cost-effective manner. IVA offer personalized and expert service to customers irrespective of time, geography and channel without any sale support. This increases consumer satisfaction and lowers cost, which is expected to impel demand over the next few years.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467873/
For instance, Nuance’s Nina is the first virtual integrated assistant in the UK insurance sector. Dominos Pizza’s ‘Dom’, ING Bank’s ‘Inge’, and JetStar Airline’s ‘Jess’ are virtual assistants designed to deliver a convincing, multi-channel, automatic customer service experience for the enterprise and consumer segment.
U.S. intelligent virtual assistant market size contributed significantly to the overall revenue in 2015, with CAGR forecast to exceed the global average.
Companies contributing to the intelligent virtual assistant market share include IBM Corporation, Nuance, Clara Labs, InteliWISE, eGain Communications, Creative Virtual, CX Company, 24/7 Customer Inc., Artificial Solutions and Anboto among others.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Intelligent Virtual Assistant Industry Insights
Chapter 4 Intelligent Virtual Assistant Technology Insights
Chapter 5 Intelligent Virtual Assistant Service Insights
Chapter 6 Intelligent Virtual Assistant Application Insights
Chapter 7 Intelligent Virtual Assistant End-Use Insights
Chapter 8 Intelligent Virtual Assistant Regional Insights
Chapter 9 Company Profiles
For More Details On this Report: https://www.marketstudyreport.com/reports/intelligent-virtual-assistant-iva-market/
Related Report:
Global Health Intelligent Virtual Assistant Market Size, Status and Forecast 2025
This report studies the global Health Intelligent Virtual Assistant market, analyzes and researches the Health Intelligent Virtual Assistant development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
https://www.marketstudyreport.com/reports/global-health-intelligent-virtual-assistant-market-size-status-and-forecast-2025/?utm_source=RR-PSR
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intelligent Virtual Assistant Market Analysis & Technological Innovation by Leading Key Players - IBM Corporation, Nuance, Clara Labs, InteliWISE, eGain Communications, Creative Virtual, CX Company, 24/7 Customer Inc., Artificial Solutions & More here
News-ID: 1224244 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Intelligent
Intelligent solar protection
Convenient control of awnings with smart-home technology
Solar protection for balconies, patios and windows is a talking point every summer - especially in view of climate change which is bringing us unusually hot periods ever more frequently. Awnings that can be controlled automatically are particularly suitable when it comes to preventing interiors from heating up. And that is where markilux comes in: for this purpose the supplier offers many different models…
Intelligent Care Support Market
“Intelligent Care Support Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic…
Global Intelligent Motor Control Market By Type (Low Voltage Intelligent Motor C …
This report studies the Intelligent Motor Control Market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Intelligent Motor Control Market by product type and applications/end industries. These details further contain a basic summary of the company, merchant profile, and the product range of the company in question. The…
Intelligent Transportation System Market
Intelligent Transportation System Market – Global Industry Analysis and Forecast (2017-2026) – By Offering, by type, by Component, Application, and Geography
Intelligent Transportation System Market was valued US$ 20.2 Bn in 2017 and is expected to reach US$ 40.5 Bn by 2026 at CAGR of 9.08% during forecast period.
Intelligent Transportation System Market (ITS) is a computerized system with diverse applications connected with vehicle transportation. Also, it provides travelers with important information…
Global Intelligent Prosthetics Market 2018 | Blatchford, Intelligent Prosthetic …
Press Release – 24 Aug 2018
Research and Development News --
. .
Latest Update "Global Intelligent Prosthetics Market Research Report 2018" with Industries Survey | Global Current Growth and Future.
' '
This report studies the global Intelligent Prosthetics market status and forecast, categorizes the global Intelligent Prosthetics market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South…
An intelligent factory
The company
Barberini, founded by Pietro Barberini in 1963, today is the world leader for production of optical glass solar lenses, with exclusive and sophisticated technical features, used by various luxury brands. The company controls the entire production chain, from the raw materials to the finished lenses, with cutting-edge industrial sites in Italy, a glass melting plant in Germany, and advanced technologies to produce polarizing lenses for sunglasses. In Italy, Barberini…
