Press release
Intelligent Virtual Assistant Market Grow By Leading Industry Players Alphabet , Amazon, Apple, Nuance Communications, IBM , Microsoft
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This report on the global Intelligent Virtual Assistant Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
#Table of Contents
• Introduction
• Research Methodology
• Executive Summary
• Premium Insights
• Market Overview
• Industry Trends
• Intelligent Virtual Assistant Market, By Product
• Intelligent Virtual Assistant Market, By User Interface
• Intelligent Virtual Assistant Market, By User Interface
• Intelligent Virtual Assistant Market, By Industry
• Geographic Analysis
• Competitive Landscape
• Company Profiles
• Appendix
According to the new market research report on intelligent virtual assistant (IVA), the market is expected to be worth US$ 17.72 Billion by 2023 from US$ 2.48 Billion in 2017, growing at a CAGR of 38.82% between 2017 and 2023. The growth of the IVA market can be attributed to the growing application of IVA in automated customer support services and smart home systems. The lack of accuracy in chatbots is the main restraining factor for the Intelligent Virtual Assistant market.
Top Key Players in the “Intelligent Virtual Assistant Market” include are
• Alphabet (US)
• Amazon (US)
• Apple (US)
• Nuance Communications (US)
• IBM (US)
• Microsoft (US)
• Samsung Electronics (South Korea)
• Inbenta Technologies (US)
• Baidu (China)
• Blackberry (US)
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The Consumer electronics sector accounted for the highest market share among BFSI, healthcare, education, retail, government, utilities, travel and hospitality, and others. Smart speakers are highly in demand for smart home appliances such as wireless-connected thermostats, refrigerators, washing machines, and others.
North America accounted for the largest share of the overall Intelligent Virtual Assistant market in 2016 due to the early availability and, thus, the increasing adoption of IVA smart speakers. APAC and RoW are the fastest-growing IVA markets. This is mainly because of the presence of the countries such as China and India where technological adoption is happening at a very high rate.
Reason to buy this Report:
• The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
• This report segments the Intelligent Virtual Assistant market comprehensively and provides the closest approximations of the size of the overall market and its subsegments across verticals and regions.
• This report will help stakeholders better understand a competitor and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem and strategic developments.
Access Complete report on Intelligent Virtual Assistant Market spread across 141 Pages, profiling 11 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1216585 .
Key Target Audience for Intelligent Virtual Assistant Market
• Research organizations and consulting companies
• Intelligent Virtual Assistant module designers and manufacturers
• Associations, forums, and alliances related to intelligent virtual assistant
• Investors
• Start-up companies
• Raw material suppliers
• Market research and consulting firms
• Government and other regulatory bodies
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