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Intelligent Virtual Assistants Solution Market Technology Prospectus till 2028 - Microsoft Corporation, Techforce.ai, International Business Machines Corporation, kore.ai, Nuance Communications

08-10-2021 11:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

Intelligent virtual assistants, also called as virtual agents and digital employees, enables clients or customers to engage in a conversational manner. The conservation with such intelligent virtual assistants are natural or human like. The intelligent virtual assistants are understand various intents from singular utterance and to responses which are not even programmed to using natural language processing.

Intelligent Virtual Assistants Solution Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Customer Serivice, Sales and Marketing, Others); End User (BFSI, Telecom, Hospitality, Retail, Others) and Geography

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The intelligent virtual assistant solution market is experiencing significant growth owing to the increasing importance for improving customer experience. However, lack of awareness is hampering the growth of market. Meanwhile, growing penetration of digitalization coupled increases deployment of AI and ML various verticals is projected to generate ample growth opportunities for Intelligent virtual assistant solution market players.

The global Intelligent virtual assistant solution market is segmented on the basis of type and end user. Based on type, the market is bifurcated into customer serivice, sales & marketing, and others. On the basis of end user, the market is BFSI, telecom, hospitality, retail, and others.

The report analyzes factors affecting Intelligent virtual assistant solution market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Intelligent virtual assistant solution market in these regions.

The reports cover key developments in the Intelligent virtual assistant solution market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Intelligent virtual assistant solution market are anticipated to lucrative growth opportunities in the future with the rising demand for Intelligent virtual assistant solution market. Below mentioned is the list of few companies engaged in the Intelligent virtual assistant solution market.

Top Market Players in Intelligent Virtual Assistants Solution Industry:

- Ultimate.ai
- e-bot7
- Conversica, Inc.
- exceed.ai
- Mindsay
- Microsoft Corporation
- Techforce.ai
- International Business Machines Corporation
- kore.ai
- Nuance Communications, Inc.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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