Press release
Intelligent Virtual Assistant Market 2021 Size, Growth Analysis Report, Forecast to 2027
Intelligent Virtual Assistant Market size surpassed USD 1 billion in 2017 and is anticipated to grow at over 36% CAGR between 2021 and 2027. Advanced features such as the ability to recognize different languages, interact in natural language, and respond via text or voice will drive the market demand.A full report of Intelligent Virtual Assistant Market is available at: https://www.orionmarketreports.com/intelligent-virtual-assistant-3-market/45067/
Competitive Market Share
• Key players in the market include Clara Labs, IBM, Nuance Communications, Creative Virtual, InteliWISE, Artificial Solutions, eGain Communications, 24/7 Customer, Inc., and Anboto.
• The industry is highly competitive and is driven by continuous innovations & technological advancements. These companies need to differentiate to gain a competitive edge and hence they invest heavily in R&D.
• For instance, in 2015, Amazon launched its voice simulated software, Alexa that answers questions and responds to user requests. The company offers advanced features to differentiate the technology from competitors such as Siri by Apply and Bixby by Samsung.
Global Intelligent Virtual Assistant Market Segmentation:
By Technology
• Speech recognition
• Text-to-speech
• Voice recognition
By Service
• Customer service
• Marketing assistant
By End-Use
• SMBs
• Large enterprises
• Individual users
By Application
• BFSI
• Automotive
• IT & telecom
• Retail
• Healthcare
• Education
• Others
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Intelligent Virtual Assistant Market Report
• What was the Intelligent Virtual Assistant Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Intelligent Virtual Assistant Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Intelligent Virtual Assistant Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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