Press release
Unit Sales of Intelligent Virtual Assistant Market To Soar During Forecast Period 2022 - 2031 : Fact.MR
A recent study by Fact.MR on the intelligent virtual assistant market offers a 10-year forecast for 2022 to 2032. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering intelligent virtual assistant.The study also provides the dynamics responsible for influencing the future status of the intelligent virtual assistant market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.
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Key Segments
By Product
Chatbots
Smart Speakers
By Technology
Text-to-Speech
Speech Recognition
Text-Based
By Industry Vertical
Consumer Electronics
BFSI
Healthcare
Education
Retail
Government
Utilities
Travel & Hospitality
Others
By Region
North America
Europe
APAC
Middle East and Africa (MEA)
Latin America
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Competitive Landscape
Virtual help has been implemented in smartphones, PCs, tablets, and other mobile devices by the companies. Amazon Inc. and Baidu, for example, have created virtual assistants for their devices and give customised solutions that work across different platforms. The primary strategies used by the participants in the intelligent virtual assistant market are new product launches and alliances.
Recent Developments in the Intelligent Virtual Assistant Market:
Google said in June 2020 that it would provide new features to its artificial intelligence-based voice assistant, Google Assistant, across a variety of new devices. The most essential of these functions is voice match, which allows smart speakers to recognise a single user's voice and tailor replies to that individual.
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Report Summary
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of intelligent virtual assistant across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of intelligent virtual assistant during the forecast period. Price point comparison by region with global average price is also considered in the study.
Analysis on Market Size Evaluation
The market has been analyzed for each segment in terms of value (US$ Mn).
Estimates at global and regional levels for intelligent virtual assistant are available in terms of "US$ Mn" for value. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report.
Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global intelligent virtual assistant market.
Source - https://www.factmr.com/report/intelligent-virtual-assistant-market
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