IVA is software driven assistant which uses artificial intelligence to model the human interaction to perform multiple tasks. IVA helps in managing connected cars, and homes and some of the leading examples of IVA are Google Assistant, Apple Siri, Microsoft's Cortana, and Amazon Echo.
Growing trend of outsourcing, growing mobile workforce, increased focus on customer engagement are the factors that are driving the market for intelligent virtual assistants. Growing popularity of cloud applications, big data analytics and social media has changed the way businesses interact with customers. To add to the revenue and improve consumer satisfaction, organizations are revisiting consumer experience strategies. Digital Employee by Artificial Solutions is some strategies that are worked on for assisting the employees in achieving their sales targets. Other than adding to the enhancement of user experience, IVAs are meant to reduce customer service operational costs.
In 2018, the global Virtual Assistant market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Virtual Assistant status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Virtual Assistant development in United States, Europe and China.
The key players covered in this study
Oracle
Nuance Communications
Microsoft
Inbenta Technologies
Samsung Electronics
Apple
IBM
Intel
Google
Amazon
Market segment by Type, the product can be split into
Speech Intelligent
Speech Recognition Intelligent
Market segment by Application, split into
BFSI
Retail & Ecommerce
Automotive
Healthcare
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Virtual Assistant status, future forecast, growth opportunity, key market and key players.
To present the Virtual Assistant development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Virtual Assistant are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Virtual Assistant . Industry analysis & Market Report on Virtual Assistant is a syndicated market report, published as Global Virtual Assistant Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Virtual Assistant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.