Global Intelligent Virtual Assistant Market Key Players are: Creative Virtual and eGain Communications, Nuance, IBM Corporation, Clara Labs
IVA technology is expected to witness high demand in automotive applications. This can be attributed to the increasing use of this technology by key automotive players to optimize the maximum potential.
(EMAILWIRE.COM, August 13, 2018 ) Market Overview: -
Intelligent Virtual Assistant Market with 34.9% CAGR estimation from 2016 to 2024. Increasing demand across various industrial verticals such as BFSI, healthcare is expected to drive the IVA market growth over the forecast timeline. Deployment of this technology in mobile devices, social media and company websites provide lucrative growth opportunities for the IVA market growth. The personalized experience provided by the virtual assistants such as interaction in natural language eliminates the possibility of being in touch with the support team thus improving customer satisfaction.
To minimize the overall operational cost, various firms are deploying virtual assistants for purposes such as training, advertising as well as interviewing. Increasing penetration of smartphones coupled with the acceptance of corporate BYOD programs is anticipated to propel the IVA market demand. The development of advanced IVA technology with enhanced features such as Apple’s Siri and Amazon’s Alexa is providing ample growth opportunities to IVA industry.
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Top Key Players: -
Key companies operating in the IVA market include IBM Corporation, eGain communications, Nuance, Clara Labs and Creative Virtual. Other prominent players in the market include Anboto, InteliWISE, CX Company, Artificial Solutions and 24/7 Customer Inc. among others. The IVA industry is currently witnessing rising investments on the R&D to bring in new innovations. Furthermore, companies are increasingly partnering with the third-party technology vendors which helps in enhancing the technology base and meet the potential customer demands.
Market share calculation in this report is not done based on companies covered in it. The calculation of IVA market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
North America is anticipated to dominate the overall IVA market owing the early technological adoption. In addition, increasing adoption of smartphones coupled with the implementation of BYOD business model is expected to boost the demand for IVA in the region. Asia Pacific IVA market is expected to witness significant growth pertaining to the growth in emerging economies such as China and India.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1094
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Research scope and assumptions
1.2 Data Sources
1.2.1 Primary sources
1.2.2 Secondary sources
Chapter 2 Executive Summary
2.1 IVA industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Technology trends
2.1.4 Service trends
2.1.5 Application trends
2.1.6 End-Use trends
Chapter 3 Intelligent Virtual Assistant Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.4 Technology & innovation landscape
3.4.1 Natural Language Processing
3.4.2 IVA Powered by Artificial Intelligence (AI)
3.5 Regulatory landscape
3.5.1 Health Information Technology for Economic and Clinical Health (HITECH)
3.5.2 EU Data Protection Directive
3.5.3 EU Electronic Communication Directive
3.5.4 Electronic Communication Privacy Act (ECPA)
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Rising emphasis to enhance customer satisfaction
3.6.1.2 Increasing adoption across several industry verticals
3.6.1.3 Growing global mobile device adoption
3.6.1.4 High demand for outsourced assistance
3.6.2 Industry pitfalls & challenges
3.6.2.1 Lack of skilled professionals
3.7 Growth potential analysis
3.8 Company market share analysis, 2015
3.8.1 Strategy dashboard
3.9 Porter’s analysis
3.10 PESTEL analysis
Browse Full Report @ https://www.gminsights.com/industry-analysis/intelligent-virtual-assistant-iva-market
Speech recognition technology is expected to observe significant growth at over 35% CAGR from 2016 to 2024. Rising demand for speech recognition technology across automotive and medical applications is expected to boost the demand for speech recognition technology over the years. Gradual increase in the adoption of mobile devices coupled with the implementation of speech recognition technology on such devices provides impetus to the IVA market growth. Voice recognition technology will grow at a considerable rate followed by large scale implementation of this technology in biometric authentication devices.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Intelligent Virtual Assistant Market with 34.9% CAGR estimation from 2016 to 2024. Increasing demand across various industrial verticals such as BFSI, healthcare is expected to drive the IVA market growth over the forecast timeline. Deployment of this technology in mobile devices, social media and company websites provide lucrative growth opportunities for the IVA market growth. The personalized experience provided by the virtual assistants such as interaction in natural language eliminates the possibility of being in touch with the support team thus improving customer satisfaction.
To minimize the overall operational cost, various firms are deploying virtual assistants for purposes such as training, advertising as well as interviewing. Increasing penetration of smartphones coupled with the acceptance of corporate BYOD programs is anticipated to propel the IVA market demand. The development of advanced IVA technology with enhanced features such as Apple’s Siri and Amazon’s Alexa is providing ample growth opportunities to IVA industry.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1094
Top Key Players: -
Key companies operating in the IVA market include IBM Corporation, eGain communications, Nuance, Clara Labs and Creative Virtual. Other prominent players in the market include Anboto, InteliWISE, CX Company, Artificial Solutions and 24/7 Customer Inc. among others. The IVA industry is currently witnessing rising investments on the R&D to bring in new innovations. Furthermore, companies are increasingly partnering with the third-party technology vendors which helps in enhancing the technology base and meet the potential customer demands.
Market share calculation in this report is not done based on companies covered in it. The calculation of IVA market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
North America is anticipated to dominate the overall IVA market owing the early technological adoption. In addition, increasing adoption of smartphones coupled with the implementation of BYOD business model is expected to boost the demand for IVA in the region. Asia Pacific IVA market is expected to witness significant growth pertaining to the growth in emerging economies such as China and India.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1094
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Research scope and assumptions
1.2 Data Sources
1.2.1 Primary sources
1.2.2 Secondary sources
Chapter 2 Executive Summary
2.1 IVA industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Technology trends
2.1.4 Service trends
2.1.5 Application trends
2.1.6 End-Use trends
Chapter 3 Intelligent Virtual Assistant Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.4 Technology & innovation landscape
3.4.1 Natural Language Processing
3.4.2 IVA Powered by Artificial Intelligence (AI)
3.5 Regulatory landscape
3.5.1 Health Information Technology for Economic and Clinical Health (HITECH)
3.5.2 EU Data Protection Directive
3.5.3 EU Electronic Communication Directive
3.5.4 Electronic Communication Privacy Act (ECPA)
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Rising emphasis to enhance customer satisfaction
3.6.1.2 Increasing adoption across several industry verticals
3.6.1.3 Growing global mobile device adoption
3.6.1.4 High demand for outsourced assistance
3.6.2 Industry pitfalls & challenges
3.6.2.1 Lack of skilled professionals
3.7 Growth potential analysis
3.8 Company market share analysis, 2015
3.8.1 Strategy dashboard
3.9 Porter’s analysis
3.10 PESTEL analysis
Browse Full Report @ https://www.gminsights.com/industry-analysis/intelligent-virtual-assistant-iva-market
Speech recognition technology is expected to observe significant growth at over 35% CAGR from 2016 to 2024. Rising demand for speech recognition technology across automotive and medical applications is expected to boost the demand for speech recognition technology over the years. Gradual increase in the adoption of mobile devices coupled with the implementation of speech recognition technology on such devices provides impetus to the IVA market growth. Voice recognition technology will grow at a considerable rate followed by large scale implementation of this technology in biometric authentication devices.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results