Global Smart Advisors Market 2019, top player Artificial Solutions, Nuance Communications, BM Watson, Next IT, Creative Virtual, eGain, CX Company, Codebaby, Speaktoit

This report focuses on the global Smart Advisors status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Advisors development in United States, Europe and China.

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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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.

In 2018, 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.

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The key players covered in this study
Artificial Solutions
Nuance Communications
BM Watson
Next IT
Creative Virtual
eGain
CX Company
Codebaby
Speaktoit

Market segment by Type, the product can be split into
Software
Services

Market segment by Application, split into
Financial Services
Healthcare
Consumer Electronics
Retails
Travel & Hospitality
Government
Education
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Smart Advisors status, future forecast, growth opportunity, key market and key players.
To present the Smart Advisors development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Smart Advisors are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This release was published on openPR.