Intelligent Virtual Assistant (IVA) Market 2018 | In-Depth Analysis by Trends, Forecasts, Manufacturers, Sale, Share and Forecast to 2026
Intelligent Virtual Assistant (IVA) Market research report is provided for the current market along with growth history, competitive landscape evaluation and most important region’s development status.
(EMAILWIRE.COM, October 27, 2018 ) Intelligent Virtual Assistant (IVA) Market is anticipated to reach over USD 21,523.6 million by 2026 according to a new study published by Polaris Market Research. In 2017, the BFSI segment dominated the global market, in terms of revenue.
North America generated the highest revenue in the market in 2017, and is expected to lead the Intelligent Virtual Assistant (IVA) Market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of BYOD drive the market growth in the region. The growing demand of mobile devices, and technological advancements further support market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing demand of virtual assistant technologies in the developing countries of the region.
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Intelligent Virtual Assistant (IVA) are gradually replacing traditional interactive voice response systems. Use of intelligent virtual assistants is proving effective by enhancing customer and brand experience, and providing a consumer-friendly environment. The virtual assistants also offer a platform for convenient communication within businesses through voice, text, and other channels.
The growing need to improve customer service, streamline enterprise communication, and increase productivity has boosted the adoption of Intelligent Virtual Assistant. The rising penetration of mobile devices, and integration of virtual assistants with smart home appliances further support the growth of Intelligent Virtual Assistant (IVA) Market. Additionally, the increasing demand of intelligent virtual assistants from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing need to improve customer experience would accelerate the adoption of intelligent virtual assistants. However, lack of awareness is expected to hinder market growth. Growing demand from emerging economies is expected to provide numerous growth opportunities in the coming years.
Well-known companies profiled in Intelligent Virtual Assistant (IVA) Market report includes: -
Apple (US)
Nuance Communications (US)
IBM (US)
Microsoft (US)
Google (US)
Oracle Corporation (US)
[24]7.ai. (US)
Speaktoit Inc. (US)
Intel Corporation (US)
Next IT Corporation
CodeBaby Corporation
Clara Labs
These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Make an Enquiry Before Buying this report: -
http://bit.ly/2PWMVX8
The use of digital assistants and bots is expected to increase in the coming years. Computer programs in the form of bots simulate conversation with users through chat windows and voice calls. They have the ability to perform a number of different automated tasks such as scheduling meetings, managing finances, and others. They also assist in successful use of unified communication tools. These bots could be used as an automated attendant monitoring the interactions and offering instructions to users.
The end-users in Intelligent Virtual Assistant (IVA) Market include healthcare, education, retail, BFSI, government, and others. In 2017, the BFSI segment accounted for the highest market share owing to increasing need to offer enhanced customer services, and improve productivity. The demand for intelligent virtual assistants has increased from organizations operating in this sector to improve workforce collaboration, client interaction, and reduce costs.
TOC of Intelligent Virtual Assistant (IVA) Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Intelligent Virtual Assistant (IVA) Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!
North America generated the highest revenue in the market in 2017, and is expected to lead the Intelligent Virtual Assistant (IVA) Market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of BYOD drive the market growth in the region. The growing demand of mobile devices, and technological advancements further support market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing demand of virtual assistant technologies in the developing countries of the region.
Request for a sample copy of this report: -
http://bit.ly/2PYfwuX
Intelligent Virtual Assistant (IVA) are gradually replacing traditional interactive voice response systems. Use of intelligent virtual assistants is proving effective by enhancing customer and brand experience, and providing a consumer-friendly environment. The virtual assistants also offer a platform for convenient communication within businesses through voice, text, and other channels.
The growing need to improve customer service, streamline enterprise communication, and increase productivity has boosted the adoption of Intelligent Virtual Assistant. The rising penetration of mobile devices, and integration of virtual assistants with smart home appliances further support the growth of Intelligent Virtual Assistant (IVA) Market. Additionally, the increasing demand of intelligent virtual assistants from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing need to improve customer experience would accelerate the adoption of intelligent virtual assistants. However, lack of awareness is expected to hinder market growth. Growing demand from emerging economies is expected to provide numerous growth opportunities in the coming years.
Well-known companies profiled in Intelligent Virtual Assistant (IVA) Market report includes: -
Apple (US)
Nuance Communications (US)
IBM (US)
Microsoft (US)
Google (US)
Oracle Corporation (US)
[24]7.ai. (US)
Speaktoit Inc. (US)
Intel Corporation (US)
Next IT Corporation
CodeBaby Corporation
Clara Labs
These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Make an Enquiry Before Buying this report: -
http://bit.ly/2PWMVX8
The use of digital assistants and bots is expected to increase in the coming years. Computer programs in the form of bots simulate conversation with users through chat windows and voice calls. They have the ability to perform a number of different automated tasks such as scheduling meetings, managing finances, and others. They also assist in successful use of unified communication tools. These bots could be used as an automated attendant monitoring the interactions and offering instructions to users.
The end-users in Intelligent Virtual Assistant (IVA) Market include healthcare, education, retail, BFSI, government, and others. In 2017, the BFSI segment accounted for the highest market share owing to increasing need to offer enhanced customer services, and improve productivity. The demand for intelligent virtual assistants has increased from organizations operating in this sector to improve workforce collaboration, client interaction, and reduce costs.
TOC of Intelligent Virtual Assistant (IVA) Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Intelligent Virtual Assistant (IVA) Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!
Contact Information:
Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
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Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results