Press release
Worldwide Intelligent Virtual Assistant Market Share, Size, Analysis and Top Key Players to 2027 | FMI
Intelligent Virtual AssistantMarket: Drivers and Challenges
Advancement of natural language processing and artificial intelligence technologies drive the virtual assistance market because these technologies help to process large amount of data and solve the consumer queries on real-time basis. Changing customer approach towards enterprises needs the customer centric platform that increases the demand for intelligence virtual assistant market.
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In Contrast to this, complexity in understanding the user objectives and difficulty in integration of knowledge base of intelligent Virtual Assistant and enterprise is restraining the growth of Intelligent Virtual Assistant Market.
Intelligent Virtual Assistant Market: Segmentation
Segmentation on the basis of technology:
Text-to-Speech
Speech Recognition
Voice Recognition
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Segmentation on the basis of industry:
BFSI
Healthcare
Retail
Automotive
Defense and Government
Others
Intelligent Virtual Assistant Market: key players
Some of the key players for Intelligent Virtual Assistant Market are Next IT Corporation, Nuance Communications, Inc., IntelliResponse Systems, Inc., CodeBaby Corporation, Creative Virtual Ltd., Speaktoit, Inc., Artificial Solutions, eGain Corporation, CX Company and Anboto Group.
Intelligent Virtual Assistant Market: Regional Overview
Intelligent Virtual Market is currently dominated by North America due to the technological advancements.Asia Pacific Intelligent Virtual Assistant Market is expected to have the highest growth rate during the forecast period.
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