Intelligent Virtual Assistant Market 2027 Growth Trends, Share - Global Analysis and Forecasts

Intelligent Virtual Assistant Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Service, Technology and End-User

Report Code: TIPTE100000442 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
Covid
MARKET INTRODUCTION

An intelligent virtual assistant is a software agent that performs particular tasks or services. Ability to assist multiple customers and providing a service quickly and effectively, the various enterprises are adopting intelligent virtual assistants, which fuels the growth of the market. The development of natural language processing and artificial intelligence technologies are further booming the growth of the intelligent virtual assistant market. The various enterprises are adopting cost-effective methodologies to provide efficient and effective customer services, thus boosting the growth of the intelligent virtual assistant market.

MARKET DYNAMICS

An intelligent virtual assistant helps to an instant response from the system, improved data collection, and reduction in the dependency on manual customer support. Additionally, it also offers quick response and reduces live chat volume; thereby, improving customer and company communication. Hence, rising demand for the intelligent virtual assistant that drive the growth of the intelligent virtual assistant market. However, lack of awareness about the benefits of the intelligent virtual assistant is the key hindering factor for the growth of the market. Moreover, the growing penetration of smartphones and tablets is also a key factor for the growth of the intelligent virtual assistant market. Rising adoption of the intelligent virtual assistant by various end-user such as BFSI, automotive, healthcare, and retails is expected to drive the growth of the market.

MARKET SCOPE

The "Global Intelligent Virtual Assistant Market Analysis To 2027" is a specialized and in-depth study of the intelligent virtual assistant industry with a special focus on the global market trend analysis. The report aims to provide an overview intelligent virtual assistant market with detailed market segmentation by service, technology, end-user, and geography. The global intelligent virtual assistant market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading intelligent virtual assistant market players and offers key trends and opportunities in the intelligent virtual assistant market.

MARKET SEGMENTATION

The global intelligent virtual assistant market is segmented on the basis of service, technology, end-user. On the basis of service the market is segmented customer service, market assistant. On the basis of technology the market is segmented as speech recognition, text-to-speech. On the basis of end-user the market is segmented as BFSI, IT and telecommunication, automotive, retail, healthcare, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global intelligent virtual assistant market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The intelligent virtual assistant market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting intelligent virtual assistant market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the intelligent virtual assistant market in these regions.

MARKET PLAYERS

The reports cover key developments in the intelligent virtual assistant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from intelligent virtual assistant market are anticipated to lucrative growth opportunities in the future with the rising demand for intelligent virtual assistant in the global market. Below mentioned is the list of few companies engaged in the Intelligent virtual assistant market.

The report also includes the profiles of key intelligent virtual assistant companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Alphabet Inc.
- Amazon.com, Inc.
- Anboto
- Apple Inc.
- Artificial Solutions
- Creative Virtual Ltd.
- IBM Corporation
- Inbenta Technologies Inc.
- Microsoft
- Nuance Communications, Inc.

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance

2 Key Takeaways

3 Intelligent Virtual Assistant Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Intelligent Virtual Assistant Market - By Service
3.2.2 Intelligent Virtual Assistant Market - By Technology
3.2.3 Intelligent Virtual Assistant Market - By End-User
3.2.4 Market - By Region
3.2.4.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis

4 Intelligent Virtual Assistant Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends

5 Intelligent Virtual Assistant Market Analysis- Global
5.1 Global Intelligent Virtual Assistant Market Overview
5.2 Global Intelligent Virtual Assistant market forecast and analysis

6 Intelligent Virtual Assistant Market Revenue and Forecasts to 2027 -Service
6.1 Overview
6.2 Service market forecast and analysis
6.3 Customer Service Market
6.3.1 Overview
6.3.2 Customer service market forecast and analysis
6.4 Market Assistant Market
6.4.1 Overview
6.4.2 Market assistant market forecast and analysis

7 Intelligent Virtual Assistant Market Revenue and Forecasts to 2027 - Technology
7.1 Overview
7.2 Technology market forecast and analysis
7.3 Speech Recognition Market
7.3.1 Overview
7.3.2 Speech recognition market forecast and analysis
7.4 Text-to-speech Recognition Market
7.4.1 Overview
7.4.2 Text-to-speech recognition market forecast and analysis

8 Intelligent Virtual Assistant Market Revenue and Forecasts to 2027 - End-User
8.1 Overview
8.2 End-User market forecast and analysis
8.3 BFSI Market
8.3.1 Overview
8.3.2 BFSI market forecast and analysis
8.4 IT & Telecommunication Market
8.4.1 Overview
8.4.2 IT & telecommunication market forecast and analysis
8.5 Automotive Market
8.5.1 Overview
8.5.2 Automotive market forecast and analysis
8.6 Retail Market
8.6.1 Overview
8.6.2 Retail market forecast and analysis
8.7 Healthcare Market
8.7.1 Overview
8.7.2 Healthcare market forecast and analysis
8.8 Others Market
8.8.1 Overview
8.8.2 Others market forecast and analysis

9 Intelligent Virtual Assistant Market Revenue and Forecasts to 2027 - Geographical Analysis
9.1 North America
9.1.1 North America Intelligent Virtual Assistant market overview
9.1.2 North America Intelligent Virtual Assistant market forecast and analysis
9.1.2.1 North America market forecast and analysis - By Countries
9.1.2.1.1 US market
9.1.2.1.2 Canada market
9.1.2.1.3 Mexico market
9.1.2.2 North America market forecast and analysis - By Service
9.1.2.3 North America market forecast and analysis - By Technology
9.1.2.4 North America market forecast and analysis - By End-User
9.2 Europe
9.2.1 Europe Intelligent Virtual Assistant market overview
9.2.2 Europe Intelligent Virtual Assistant market forecast and analysis
9.2.2.1 Europe market forecast and analysis - By Countries
9.2.2.1.1 France market
9.2.2.1.2 Germany market
9.2.2.1.3 Italy market
9.2.2.1.4 Spain market
9.2.2.1.5 UK market
9.2.2.2 Europe market forecast and analysis - By Service
9.2.2.3 Europe market forecast and analysis - By Technology
9.2.2.4 Europe market forecast and analysis - By End-User
9.3 Asia Pacific (APAC)
9.3.1 Asia Pacific Intelligent Virtual Assistant market overview
9.3.2 Asia Pacific Intelligent Virtual Assistant market forecast and analysis
9.3.2.1 Asia Pacific market forecast and analysis - By Countries
9.3.2.1.1 Australia market
9.3.2.1.2 China market
9.3.2.1.3 India market
9.3.2.1.4 Japan market
9.3.2.2 Asia Pacific market forecast and analysis - By Service
9.3.2.3 Asia Pacific market forecast and analysis - By Technology
9.3.2.4 Asia Pacific market forecast and analysis - By End-User
9.4 Middle East and Africa (MEA)
9.4.1 Middle East and Africa Intelligent Virtual Assistant market overview
9.4.2 Middle East and Africa Intelligent Virtual Assistant market forecast and analysis
9.4.2.1 Middle East and Africa market forecast and analysis - By Countries
9.4.2.1.1 South Africa market
9.4.2.1.2 Saudi Arabia market
9.4.2.1.3 UAE market
9.4.2.2 Middle East and Africa market forecast and analysis - By Service
9.4.2.3 Middle East and Africa market forecast and analysis - By Technology
9.4.2.4 Middle East and Africa market forecast and analysis - By End-User
9.5 South America (SAM)
9.5.1 South America Intelligent Virtual Assistant market overview
9.5.2 South America Intelligent Virtual Assistant market forecast and analysis
9.5.2.1 South America market forecast and analysis - By Countries
9.5.2.1.1 Brazil market
9.5.2.2 South America market forecast and analysis - By Service
9.5.2.3 South America market forecast and analysis - By Technology
9.5.2.4 South America market forecast and analysis - By End-User

10 Industry Landscape
10.1 Mergers & acquisitions
10.2 Market Initiatives
10.3 New developments
10.4 Investment scenarios

11 Competitive Landscape
11.1 Competitive Product mapping
11.2 Market positioning

12Intelligent Virtual Assistant Market, Key Company Profiles
12.1 Nuance Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 IBM Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Clara Labs
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Creative Virtual Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 CX Company
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Artificial Solutions
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Anboto
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 InteliWISE
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Apple Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 eGain Communications
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13 Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
13.3 Research Methodology
1. Nuance Communications
2. IBM Corporation
3. Clara Labs
4. Creative Virtual Ltd.
5. CX Company
6. Artificial Solutions
7. Anboto
8. InteliWISE
9. Apple Inc.
eGain Communications
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