Press release
Intelligent Virtual Assistant Market Enormous Growth USD 54.35 Bn at CAGR +28% by end 2030 | Alphabet, Apple, Amazon, IBM, Baidu, Blackberry
The Intelligent Virtual Assistant Market size was valued at USD 6.94 Billion in 2022 and is projected to reach USD 54.35 Billion by 2030, growing at a CAGR of +28% from 2023 to 2030.An Intelligent Virtual Assistant is an application program that gets it common language voice commands and completes assignments for the client. This technology incorporates elements of interactive voice response and other modern artificial intelligence projects to deliver full-fledged virtual identities that converse with users. Intelligent Virtual Assistant (IVA) is used in the customer service department for engaging the customers by providing product-related information, bills, and payment, guiding them on transfers easy to navigate.
The global Intelligent Virtual Assistant Market is driven by key factors such as increasing developments on account of improvement in the knowledge of leading at the marketplace, and improved limpidity for the investment, lesser operating cost and low market risk, and slashed rates of interest to the consumers. The Global Intelligent Virtual Assistant Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Top Leading Vendors of Intelligent Virtual Assistant Market: -
• Microsoft
• Nuance
• Samsung Electronics
• Alphabet
• Apple
• Amazon
• IBM
• Baidu
• Blackberry
• Inbenta Technologies
• Cognitive Code
• Artificial Solutions
• Unified Computer Intelligence
• Mycroft Ai.
Market Segmentation:
Intelligent Virtual Assistant Market by Type:
• Rule based
• Conversational AI-based
Intelligent Virtual Assistant Market by Application:
• Consumer Electronics
• BFSI
• Healthcare
• Education
• Retail
• Government
• Utilities
• Travel and Hospitality
• Others
On the basis of Geography, the Intelligent Virtual Assistant Market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America is expected to account for the largest market share in the global Intelligent Virtual Assistant Market owing to the increasing adoption of P2P platforms. UK stands third after America and the Asia Pacific and one of the most highly established markets of P2P in the world.
Some of the key questions scrutinized in the study are:
What are some of the recent brand building activities of key players undertaken to create customer value in the Intelligent Virtual Assistant market?
Which companies are expanding litany of products with the aim to diversify product portfolio?
Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Intelligent Virtual Assistant market?
Which companies have expanded their horizons by engaging in long-term societal considerations?
Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?
What are the marketing programs for some of the recent product launches?
The list of key players operating in the Intelligent Virtual Assistant market includes following names:
To conclude with, the report effortlessly combines the data into an integrated study that understands the reputation of awareness about the combination factors involved in the Global Intelligent Virtual Assistant Market.
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Table of Content: -
Chapter 1 Global Intelligent Virtual Assistant Market Overview
Chapter 2 Market Data Analysis
Chapter 3 Market Technical Data Analysis
Chapter 4 Market Government Policy and News
Chapter 5 Market Demand in 2023
Chapter 6 Market Status and Forecast 2023-2030
Chapter 7 Global Intelligent Virtual Assistant Market Key Vendors
Chapter 8 Up and Down Stream Industry Analysis
Chapter 9 Marketing Strategy - Market Analysis
Chapter 10 Market Development Trend Analysis
Chapter 11 Global Intelligent Virtual Assistant Market New Project Investment Feasibility Analysis
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