Global Intelligent Virtual Assistant Market 2021


Description

Intelligent virtual assistant, also known as virtual agent and digital employee, is an artificial intelligence system that emulates human interaction to perform particular tasks, like customer service. Virtual assistants are proliferating because of deep neural networks, machine learning, and other advancements in AI technologies. The global intelligent virtual assistant market is set to grow by US$ 29 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 31.8% during the forecast period, according to data and analytics company StrategyHelix.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for intelligent virtual assistant. The global intelligent virtual assistant market is segmented on the basis of product, technology, industry vertical, and region. By product, it is categorized into smart speakers, and chatbots. The chatbots segment held the largest market share in 2020. By technology, the intelligent virtual assistant market is divided into speech recognition, text-based, and text-to-speech. The text-to-speech segment accounted for the largest market share in 2020. Based on industry vertical, the intelligent virtual assistant market is divided into BFSI, IT & telecommunications, government & defense, retail, healthcare, travelling & hospitality, automotive, media & entertainment, and others.

The report has profiled some of the key players of the market such as Alphabet Inc., Amazon.com Inc., Apple Inc., Artificial Solutions International AB, eGain Corporation, International Business Machines Corporation (IBM), IPsoft Inc., Nuance Communications Inc., Samsung Electronics Co. Ltd., Verint Systems Inc..

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the intelligent virtual assistant market to help drive informed decision making for industry executives, policy makers, academic, and analysts.


Report Scope

Product: smart speakers, and chatbots
Technology: speech recognition, text-based, and text-to-speech
Industry vertical: BFSI, IT & telecommunications, government & defense, retail, healthcare, travelling & hospitality, automotive, media & entertainment, and others
Region: North America, Asia Pacific, Europe, and Rest of the World (ROW)
Years Considered: this report covers the period 2017 to 2027


Key Benefits for Stakeholders

Get a comprehensive picture of the global intelligent virtual assistant market
Identify regional strategies and strategic priorities on the basis of local data and analysis
Pinpoint growth sectors and trends for investment
Understand what the future of the global intelligent virtual assistant market looks like
Identify the competitive landscape and window of opportunity


Table of Contents

1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Intelligent Virtual Assistant Market by Product
4.1 Smart Speakers
4.2 Chatbots
5. Intelligent Virtual Assistant Market by Technology
5.1 Speech Recognition
5.2 Text-Based
5.3 Text-To-Speech
6. Intelligent Virtual Assistant Market by Industry Vertical
6.1 Bfsi
6.2 It & Telecommunications
6.3 Government & Defense
6.4 Retail
6.5 Healthcare
6.6 Travelling & Hospitality
6.7 Automotive
6.8 Media & Entertainment
6.9 Others
7. Intelligent Virtual Assistant Market by Region
7.1 North America
7.2 Asia Pacific
7.3 Europe
7.4 Rest Of The World (Row)
8. Company Profiles
8.1 Alphabet Inc.
8.2 Amazon.com, Inc.
8.3 Apple Inc.
8.4 Artificial Solutions International AB
8.5 eGain Corporation
8.6 International Business Machines Corporation (IBM)
8.7 IPsoft, Inc.
8.8 Nuance Communications, Inc.
8.9 Samsung Electronics Co., Ltd.
8.10 Verint Systems Inc.
9. Appendix
9.1 About StrategyHelix
9.2 Disclaimer


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