Global Intelligent Virtual Assistant Market Trends And Forecast Report 2022 | By Players, Types, Applications And Regions

The global intelligent virtual assistant market report by the business research company identifies increasing demand for self-service options to be a major growth driver for the intelligent virtual assistant market. Self-service is a practice in which consumers access resources to solve problems on their own without the assistance of a service agent. Self-service grew alongside growing digital technologies as customers become more accustomed to shopping and chatting online. Self-service solutions are now available in almost every business, allowing customers to take a more active role in their journey. As the demand increases for self-service options, there will be an increase in the need to offer automated yet personalized chat service options to customers which are mostly provided through the implementation of intelligent virtual assistants. For instance, according to a recent survey in 2021 by OnePoll, a UK-based survey-led company, 58% of customers stated that they will continue to have more digital interactions in the future than they had before the COVID-19 pandemic as they were impressed by the quick, easy issue resolution received through digital channels, wherein, an intelligent virtual assistant is a critical component of digital self-service success. Therefore, the rising demand for self-service options drives the growth of the intelligent virtual assistant market.

The global intelligent virtual assistants market size is expected to grow from $7.26 billion in 2021 to $9.60 billion in 2022 at a compound annual growth rate (CAGR) of 32.18%. The global intelligent virtual assistant market size is expected to reach $32.10 billion in 2026 at a CAGR of 35.23%.

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North America was the largest region in the intelligent virtual assistants market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global intelligent virtual assistants market during the forecast period. The regions covered in the global intelligent virtual assistants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the organic food market are Amazon.com Inc, Apple Inc, IBM Corporation, Nuance Communications Inc, Alphabet Inc, Inbenta Technologies Inc, Microsoft Corporation, Baidu Inc, BlackBerry Ltd, Artificial Solutions, EGain Corporation, IPsoft Inc (Amelia), Avaamo, Alibaba Group, Xiaomi Inc and Oracle.

The global intelligent virtual assistant market is segmented -
1) By Product: IVA (Intelligent Virtual Assistant) Smart Speaker, Chatbots
2) By User Interface: Text-to-Text, Text-to-Speech, Automatic Speech Recognition
3) By End-User: Retail, BFSI, Healthcare, Telecom, Others

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The Intelligent Virtual Assistant Market Report Contents Include
1. Executive Summary
2. Intelligent Virtual Assistant Market Characteristics
3. Intelligent Virtual Assistant Market Trends And Strategies
4. Impact Of COVID-19 On Intelligent Virtual Assistant
5. Intelligent Virtual Assistant Market Size And Growth
....
28. Key Mergers And Acquisitions In The Intelligent Virtual Assistant Market
29. Intelligent Virtual Assistant Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the intelligent virtual assistant market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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