Press release
Intelligent Virtual Assistant Market Set to Surge, To Reach $44,255 Million by 2035 with 37.7% CAGR from 2027
Intelligent Virtual Assistant Market
The intelligent virtual assistant market size was valued at $3,442 million in 2019, and is projected to reach $44,255 million by 2027, growing at a CAGR of 37.7% from 2020 to 2027.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/166
Intelligent virtual assistant (IVA) is an advanced IT technology facilitating effective communication between users and devices, such as mobile, PCs, and laptops. IVA facilitates the process of collecting and maintaining information. With increasing work complexities, most of the organizations are adopting intelligent virtual assistants to reduce their workload and offer quick response to customer queries. In addition, intelligent virtual assistant facilitates smooth communication between devices and humans. Also, it uses speech recognition technology to identify words and phrases in human spoken language and automatically convert them to a machine-readable format. A fore mentioned are factor that drive the intelligent virtual assistant market growth during the forecast period.
Increase in smartphone penetration, convenient query handling, and inclusion of natural language understanding technology are the major growth drivers of the IVA market. However, lack of awareness has been observed in under-developed countries such as Africa, which restraints the intelligent virtual assistant market growth. Moreover, intelligent virtual assistant is a growing market and is expected to exhibit robust growth, owing to beneficial features, such as improved customer handling, improved customer retention, ease of access, and rapid smartphone penetration.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/166
Competitive Analysis:
The competitive environment of Intelligent Virtual Assistant Industry is further examined in the report. It includes details about the key players in the market's strengths, product portfolio, Intelligent Virtual Assistant Market share and size analysis, operational results, and market positioning. It comprises the actions taken by the players to grow and expand their presence through agreements and entering new business sectors. Mergers and acquisitions, joint ventures, and product launches are some of the other techniques used by players.
Key Players:
Alphabet Inc.
Amazon.com, Inc.
Apple Inc.
Artificial Solutions
EGain Corporation
International Business Machines Corporation
IPsoft Inc.
Nuance Communications, Inc.
Verint Systems Inc.
Samsung Electronics Co., Ltd and Many More
By region, Region wise, North America dominated the intelligent virtual assistant market trends in 2019. Whereas, Asia-Pacific is expected to witness significant growth in terms of CAGR in the coming years.
Buy Now and Get Discount: https://www.alliedmarketresearch.com/intelligent-virtual-assistant-market/purchase-options
Some of the key market players profiled in the intelligent virtual assistant market analysis is include Alphabet Inc., Amazon.com, Inc., Apple Inc., Artificial Solutions, EGain Corporation, International Business Machines Corporation, IPsoft Inc., Nuance Communications, Inc., Verint Systems Inc., and Samsung Electronics Co., Ltd. Major players operating in this market have witnessed significant adoption of strategies that include business expansion and partnership to reduce supply and demand gap.
With increase in artificial intelligence R&D initiatives across the globe, major players have collaborated their product portfolio to provide differentiated and innovative products. This study includes market analysis, trends, and future estimations to determine the imminent investment pockets.
Read More: https://www.alliedmarketresearch.com/press-release/intelligent-virtual-assistant-market.html
David Correa
1209 Orange Street
Corporation Trust Center
Wilmington
New Castle
Delaware 19801
USA Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intelligent Virtual Assistant Market Set to Surge, To Reach $44,255 Million by 2035 with 37.7% CAGR from 2027 here
News-ID: 3468072 • Views: …
More Releases from Allied Market Research
Cattle Feed Market Size worth USD 78.3 Billion Globally, by 2027 at a CAGR of 4. …
Cattle feed market size was estimated at $73.5 billion in 2019, and is expected to hit $78.3 billion by 2027, and registering with a CAGR of 4.4% from 2021 to 2027.
Replacement of traditional cattle feed with nutritionally balanced compound feed and livestock industrialization drive the growth of the global cattle feed market. On the other hand, challenges related to the gap between demand and supply of cattle feed act as…
Luxury Travel Market Size to Hit US$ 2149.7 billion by 2035 at 7.4% CAGR
According to a new report published by Allied Market Research, titled, "Luxury Travel Market," The luxury travel market size was valued at $890.8 billion in 2023, and is estimated to reach $2149.7 billion by 2035, growing at a CAGR of 7.4% from 2024 to 2035.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/1662
Luxury travel refers to travel experiences that offer exceptional comfort, exclusivity, and personalized services, typically catering to…
Hotel Toiletries Market is likely to expand US$ 50.5 billion at 10.8% CAGR by 20 …
The hotel toiletries market was valued at $17.9 billion in 2021, and is estimated to reach $50.5 billion by 2031, growing at a CAGR of 10.8% from 2022 to 2031.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/75060
There is a greater demand for hotel toiletries with the growth of the tourism industry and the rise in international travel. Improved transportation, economic growth, globalization, technology advancements, and other initiatives have…
FMCG Industry Set to Achieve a Valuation of US$ 18,939.4 billion, Riding on a 5. …
According to a new report published by Allied Market Research, titled, "FMCG Market by Product Type, Production Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2031," the global FMCG market size is expected to reach $18,939.4 billion by 2031 at a CAGR of 5.1% from 2022 to 2031.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/5148
Fast-moving consumer goods (FMCG) is the largest combination of consumer goods…
More Releases for Int
Transmission Oil Pump Market Is Thriving Worldwide with Stackpole Int., TRW, Mag …
The global transmission oil pump market is segmented based on product, application, and geography. The product segment includes fixed displacement and variable displacement pumps. The market based on application includes passenger and commercial vehicles. Geographically, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, Australia, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil…
What's driving the Orthophosphate Market growth? Key Players are: Aditya Birla C …
The global market size of Orthophosphate is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Orthophosphate Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Orthophosphate industry.
Get Sample Copy of…
Global Damper Pulley Market 2017 - Gates, JTEKT, Vibracoustic, INT, Horschel
The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Damper Pulley industry development trends and marketing channels are analyzed.
Global Damper Pulley Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market…
nablet and Suntrade Int. sign distribution agreement
Aachen - Taipei, April 13, 2012. nablet GmbH and Sun Trade International Ltd.(Suntrade) have signed a distribution agreement and strategic partnership. Under this agreement Suntrade will act as a distributor for nablet products in Taiwan, Hong Kong and other countries in Asia Pacific.
As a strategic partner, Suntrade will also represent selected nablet partners in the same region.
"Suntrade has been a long time trusted partner", says Muzaffer Beygirci, CEO nablet. "Franklin…
Int Op: The Dr Phil...of Chiropractic Scams?
For Immediate Release
Contact: Alyssa Joy
703-589-8960
alyssa@allenmediastrategies.com
This Dr. Phil isn't a household name-yet-but in the more shady chiropractic circles, he is persona non grata. Out to expose the myths, scams, and malpractice procedures used by many of his colleagues, Dr. Phil Yamamoto refuses to remain silent while patients are manipulated, frightened, and given misinformation by chiropractors across the US (and beyond).
Ask Dr. Phil:
--What primary three lies patients are told on their…
Int Opp: Public Fascination with Charlie Sheen, with Beverly Flaxington
News surrounding Charlie Sheen's downward spiral only continues to increase. He has been given a restraining order to stay more than a hundred feet from his estranged wife and twin boys, has lost his longtime publicist, and has caused CBS to end current filming of "Two and a Half Men".
Americans can't seem to see enough of his bizarre behavior. ABC's "20/20" interview of Sheen gave the network the…
