Smart Advisors Market Is Growing Need Of Artificial Intelligence and Expected To Offer Promising Growth Opportunities For The Market Players

Market Highlights

The major driver for the smart advisors market is the increasing use of Artificial Intelligence in different industries for automation of tasks. Another driver driving the smart advisors market is the increasing of mobile phones and social media. Increasing use of smart advisors by banks and financial institutions is also major factor for the growth of the smart advisors market. Increasing use of smart advisors by both small scale and large scale enterprises is another factor leading to the growth of the smart advisors market. Increasing use of the technology in healthcare to provide virtual physicians is another factor leading to the growth of the smart advisors market. The market is also driven by growing need of machine operations in performing different tasks. The major challenge faced by the smart advisors market is the huge investments required during the initial stage of adopting the technology. Another challenge faced by the smart advisors market is the complexity of the technology which requires more understanding, training and skills.

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Market Overview:

A smart advisor, also called a smart advisor program, is an application program that is used to understand the natural language and complete all the electronic tasks for an end user. Such a task, which can be performed by a smart advisor and were performed by personal assistants in past, includes taking dictations, reading texts or emailing messages aloud, look up for phone numbers, anticipate requests, place calls and remind the end users about the appointments. Today's smart advisors are programmed with the artificial intelligence, voice recognition and machine learning technology. As the end users interact with their smart advisors, the Artificial Intelligence program uses the sophisticated algorithm for learning from data inputs and becomes better in the prediction of an end user's need. Tomorrow's smart advisors would be built on a modern cognitive computing technology which allows a smart advisor understanding and carrying out multi-step request and then performs more complex task like making a plane reservation. Smart advisors are a contrast to other type of consumer facing Artificial Intelligence programming called digital assistants.

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Top Industry Players:

This report studies Smart Advisors in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering: Anboto, Existor Ltd, Synthetix, Viclone, AIVO, Inbenta, Kasisto, Nohold Inc, Smartaction CompanyLLC, Verbio Technologies, EidoserveInc

Market Segments

Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Smart Advisors in these regions, from 2011 to 2021 (forecast), like
• North America
• Europe
• China
• Japan
• Southeast Asia
• India

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into
• Software
• Services

Split by application, this report focuses on consumption, market share and growth rate of Smart Advisors in each application, can be divided into
• Websites
• Contact Centers
• Social Media
• Mobile Platform

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