Intelligent Virtual Assistant Market Growing Popularity and Emerging Trends in the Industry Analysis by Key Players: Alphabet, Amazon, Apple, Nuance Communications
Intelligent Virtual Assistant Comprehensive Study by Type (Chatbot, IVA Smart Speakers), Application (Websites, Contact Centers, Messenger Bots), Industry (Consumer Electronics, BFSI, Healthcare, Education, Retail), User interface (Text Based, Text-To-Speech-Based, Automatic Speech Recognition (ASR), Others), End user (Individual Users, Small and Medium Enterprises, Large Enterprises) Players and Region - Global Market Outlook to 2024
Edison , NJ -- (SBWire) -- 02/22/2019 --An intelligent virtual assistant is referred to as an engineered entity residing in the software which interfaces with humans in an exactly human way. This kind of technology incorporates the elements of an interactive voice response and also other projects of modern artificial intelligence to deliver the full-fledged "virtual identities" which converse with users. Some of the very famous intelligent virtual assistants available are Microsoft's Cortana and Apple's Siri, which are been delivered with these operating systems companies' and mobile platforms.
This market research report looks into and analyzes the Global Intelligent Virtual Assistant Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.
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Major Key Players in This Report Include,
Alphabet (United States) , Amazon (United States) , Apple (United States) , Nuance Communications (United States) , IBM (United States) , Microsoft (United States) , Samsung Electronics (South Korea) , Inbenta Technologies (United States) , Baidu (China) and Blackberry (United States)
The main purpose for an intelligent virtual assistant is to answer the questions that users basically have. This is to be done in a business environment, for example, with a chat interface or on the business websiteThis growth is primarily driven by Demand for Automation in Customer Service and Integration of Speaker-Based Virtual Assistants and Smart Home Appliances is Driving the Market of Smart Speakers.
The regional analysis of Global Intelligent Virtual Assistant Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.
The Global Intelligent Virtual Assistant Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.
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AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Demand for Automation in Customer Service
3.2.2. Integration of Speaker-Based Virtual Assistants and Smart Home Appliances is Driving the Market of Smart Speakers
3.3. Market Challenges
3.3.1. Lack of Awareness in Developing Countries
3.3.2. Limited Market Reach of IVA Smart Speakers in Developing Countries
3.4. Market Trends
3.4.1. Increasing Adoption of Chatbots Because of the Availability of Low-Cost Software Modules for Chatbot Design
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Intelligent Virtual Assistant, by Type, Application, Industry, User interface, End user and Region (value) (2013-2018)
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