Intelligent Virtual Assistant (IVA) Market Size Is Increasing Rapidly Globally

Steve Johnson

Intelligent Virtual Assistant (IVA) Market Size Is Increasing Rapidly Globally

The global Intelligent Virtual Assistant (IVA) market was valued USD 1005.2 million in 2016 and is anticipated to grow at a CAGR of 36.7% during forecast period as the scope and its applications are rising enormously across the globe. Intelligent virtual assistants (IVA) are also termed, as a smart virtual assistant or intelligent personal assistant is a software that interacts with humans by understanding natural language voice commands and perform a task for a user. It understands information in written or spoken words.

The factors that are playing a major role in the growth of intelligent virtual assistant industry are high demand for online self-service and self-reliance, cost-efficient service, rising use of smartphones, high demand for intelligent virtual assistant software in large enterprises and rising technological innovations. However, lack of knowledge may restrain overall market growth in the years to come. IVA market is segmented based on type, service, application, end-user, and region.

Text-to-speech recognition and speech recognition are the types that are explored in intelligent virtual assistant (IVA) industry. Speech recognition sector accounted for the substantial market share of intelligent virtual assistant and is estimated to lead overall market in the years to come. Also, the sector is estimated to grow at highest CAGR in the years to come. The reason could be high demand among consumers as it makes easier to interact with smartphone and its application.

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Based on service type, marketing assistant, customer service, and others classify intelligent virtual assistant market. Marketing assistant sector accounted for the significant market share of intelligent virtual assistant and is estimated to lead overall market in the years to come.

The IVA industry is categorized based on applications like education, BFSI, healthcare, automotive, retail, IT & telecom, and others. BFSI sector accounted for substantial market share of intelligent virtual assistant and is estimated to lead overall market in the years to come. The reason could be it saves time and is easy to use. Also, automotive sector is estimated to grow at the fastest pace in the years to come.

Based on end-users, intelligent virtual assistant market is classified into individual user, small and medium enterprise (SME), large enterprise, and others. Large enterprises sector accounted for the significant market share of intelligent virtual assistant and is estimated to lead overall market in the years to come. Also, small and medium enterprise (SME) sector is estimated to grow at the fastest pace in the years to come.

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Globally, North America accounted for the substantial market share of intelligent virtual assistant and is estimated to lead overall market in the years to come. The reason behind overall market growth could be the rising use of enhanced technology, presence of developed IT infrastructure and key providers in the region, and high demand from the end-users. The United States is a major consumer of intelligent virtual assistant in the region.

Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of intelligent virtual assistant in this region.

The key players of intelligent virtual assistant (IVA) industry are Google LLC, Apple, Nuance Communications, Artificial Solutions, Microsoft Corporation, Facebook, Intel Corporation, Creative Virtual, IBM Corporation, and Oracle Corporation. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

Type Outlook (Revenue, USD Million, 2014 - 2024)
• Speech Recognition
• Test-to-Speech Recognition

Service Outlook (Revenue, USD Million, 2014 - 2024)
• Customer Service
• Marketing Assistant

Application Outlook (Revenue, USD Million, 2014 - 2024)
  • BFSI
  • Automotive
  • IT & Telecom
  • Retail
  • Healthcare
  • Education
  • Others

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Steve Johnson

Intelligent Virtual Assistant (IVA) Market - High Demand for Online Self-Service and Self-Reliance

Jyoti Waghmare 2021-05-28

The global Intelligent Virtual Assistant (IVA) market was valued USD 1005.2 million in 2016 and is anticipated to grow at a CAGR of 36.7% during forecast period as the scope and its applications are rising enormously across the globe.

It understands information in written or spoken words.The factors that are playing a major role in the growth of intelligent virtual assistant industry are high demand for online self-service and self-reliance, cost-efficient service, rising use of smartphones, high demand for intelligent virtual assistant software in large enterprises and rising technological innovations.

However, lack of knowledge may restrain overall market growth in the years to come.

IVA market is segmented based on type, service, application, end-user, and region.Request a Free Sample Copy of Intelligent Virtual Assistant (IVA) Market Report @ https://www.millioninsights.com/industry-reports/intelligent-virtual-assistant-iva-market/request-sample Text-to-speech recognition and speech recognition are the types that are explored in intelligent virtual assistant (IVA) industry.

Speech recognition sector accounted for the substantial market share of intelligent virtual assistant and is estimated to lead overall market in the years to come.

The reason could be high demand among consumers as it makes easier to interact with smartphone and its application.Based on service type, marketing assistant, customer service, and others classify intelligent virtual assistant market.

Intelligent Virtual Assistant (IVA) Market 2020 Global Industry Analysis, Opportunities, Size, Trends, Growth and Forecast 2026

Mayur Kasrung 2020-04-22

Intelligent Virtual Assistant (IVA) Market:WiseGuyReports.com adds “Global Intelligent Virtual Assistant (IVA) Market Research Report 2020” reports to its database.Executive SummaryThe assessment of the Intelligent Virtual Assistant (IVA) market has been done in this recently published report.

The real-time market scenario has also been represented for understanding the demographic changes that took place in the recent layers.

The various aspects of the market have also been explored relating to the market players whilst showing their maximum growth.

The potential factors that can take the market forward have also been mentioned in the report.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5224975-global-intelligent-virtual-assistant-iva-market-size-status-and-forecast-2020-2026The basic dynamics of the Intelligent Virtual Assistant (IVA) market has been presented in the report.

A number of potential growth factors, risks, restraints, challenges, market developments, opportunities, strengths, and weaknesses have been highlighted in the report.

Various other latent factors impacting the market have also been mentioned.Regional descriptionThe global Intelligent Virtual Assistant (IVA) market has been analyzed and proper study of the market has been done on the basis of all the regions in the world.

Global Intelligent Virtual Assistant (IVA) Market 2019 By Types, Size, Share, Application, Key-Players and Forecast Study 2024

Ancy Cruz 2019-06-12

Access the PDF sample of the report @ https://www.orbisresearch.com/contacts/request-sample/3301606

Intelligent Virtual Assistant (IVA) Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Intelligent Virtual Assistant (IVA) industry with a focus on the Chinese market.

The report provides key statistics on the market status of the Intelligent Virtual Assistant (IVA) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Intelligent Virtual Assistant (IVA) market covering all important parameters.

The key ponits of the report:

1.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.

3.Through the statistical analysis, the report depicts the global and Chinese total market of Intelligent Virtual Assistant (IVA) industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.

Intelligent Virtual Assistant Work through Natural Language Understanding

Ben Wood 2022-06-24

Natural Language Understanding makes this possible. Essentially, it is a collection of learning algorithms that tries to recognise, pick up on, and make judgments or predictions on their own, solely only on data instances and occasionally with human input. Classifiers and language models are the two categories into which we may divide learning Conversational AI algorithms. There must already be a collection of phrases that have been organised into groups or classifications in order for the classifiers to function. htmlClick here for Intelligent Virtual Assistant Market Press Release:https://www.

Intelligent Virtual Assistant Market Research 2020-2025 Report by Growth Factors, Drivers by Top Manufacturers, Upcoming Trends

Rahul Sharma 2020-09-28

Intelligent Virtual Assistant Market was valued USD 1005.2 million in 2016 and is anticipated to grow at a CAGR of 36.7% during forecast period as the scope and its applications are rising enormously across the globe.

Intelligent virtual assistants (IVA) are also termed, as a smart virtual assistant or intelligent personal assistant is a software that interacts with humans by understanding natural language voice commands and perform a task for a user.

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/intelligent-virtual-assistant-iva-market/request-sample The key driving factors responsible for the growth of Intelligent Virtual Assistant market : The factors that are playing a major role in the growth of intelligent virtual assistant industry are high demand for online self-service and self-reliance, cost-efficient service, rising use of smartphones, high demand for intelligent virtual assistant software in large enterprises and rising technological innovations.

However, lack of knowledge may restrain overall market growth in the years to come.

IVA market is segmented based on type, service, application, end-user, and region.

Text-to-speech recognition and speech recognition are the types that are explored in intelligent virtual assistant (IVA) industry.

Intelligent Virtual Assistant Market Expected to Boost Moderately over 2030

gogo 2022-11-25

Ask Us for Available Discount on Intelligent Virtual Assistants Market @ https://www. Browse Additional Details on Intelligent Virtual Assistants Market @ https://www. What are the several stages in the value chain of the Intelligent Virtual Assistants Market? About Us:Polaris Market Research is a worldwide market research and consulting organization. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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Global Intelligent Virtual Assistant Market Analysis, Application & Forecast to 2020-2026

James Grey 2021-12-14

The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Using 2020 as the base year, the report provides estimated market data for the forecast period 2021 through 2026. The report also focuses on the major trends and challenges impacting the market and the competitive landscape. com/report/1090842/intelligent-virtual-assistant-global-markets-toAbout Bharat Book Bureau:Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Contact us at:Bharat Book BureauTel: +91 22 27810772 / 27810773Email: poonam@bharatbook.

Health Intelligent Virtual Assistant Market 2022 Size, Share & Forecast Report to 2028

Hanisha Sahu 2022-06-21

The latest Health Intelligent Virtual Assistant Market Research Report published by Value Market Research gives in-depth analysis to show industry trends in the upcoming years. The broad health intelligent virtual assistant market has been sub-grouped into product, technology, and end-user. Request a FREE Sample Copy of Health Intelligent Virtual Assistant Market Report with Full TOC At: https://www. The key players in the health intelligent virtual assistant market include CodeBaby Corporation, CSS Corporation, eGain Corporation, Kognito, MedRespond, Microsoft Corporation, Next IT Corporation, Nuance Communications, Inc. Browse Full Global Health Intelligent Virtual Assistant Market Research Report With TOC At: https://www.

Intelligent Virtual Assistant Market Growth, Trends Analysis Report 2026

Bulletin 2021-05-13

New York, NY 13 May 2021: Intelligent virtual assistant market is anticipated to reach $21.52 Billion by 2026 according to a new study published by Polaris Market Research.

In 2019, the BFSI segment dominated the global market, in terms of revenue.

Additionally, the increasing demand of intelligent virtual assistants from small and medium enterprises has supported market growth over the years.

Growing demand from emerging economies is expected to provide numerous growth opportunities in the coming years.

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.

Virtual Assistant for Hire

Gregg Hoelscher 2021-03-30

It is truly hard to deal up with all our jobs in a percentage of the time.

Why not work with a virtual assistant for hire if that is the case?

A personal assistant will certainly help you in arranging all your jobs, appointments and will certainly even do some of your jobs if you see that they are fit to do it.

Europe Intelligent Virtual Assistant Market Application, Breaking Barriers, Key Companies Forecast 2029

atul ingale 2023-10-30

com/request-sample/9920 Market trends:The research discusses the most prominent trends in the Europe Intelligent Virtual Assistant market, as well as how these trends will affect new business investments and development in general. This study includes a full trend analysis to assist you in making business decisions in the Europe Intelligent Virtual Assistant market. com/request-sample/9920 In this particular area, the Europe Intelligent Virtual Assistant Industry 2021 Market Research Report offers exclusive critical statistics, data, information, trends, and competitive landscape insights. com/request-sample/9920 Regional Insight:Our reports' Regional Insights ensure that you are knowledgeable on the Europe Intelligent Virtual Assistant market on a regional level. The functioning of the Europe Intelligent Virtual Assistant market has a significant impact on local development plans.

Intelligent Virtual Assistant Market Trends, Key Vendors Analysis, Import & Export, Revenue by Forecast 2027

Shweta Raj 2021-09-08

OverviewIVA or Intelligent virtual assistant is new technological product and a computer-generated persona which helps the customer to provide information through smartphone, kiosk or a website by using text-based or voice based assistant.

As a major trend, social media holds major impact on growth of the global market.

Intelligent Virtual Assistant system has proven to be one of the revolutionizing technology in the current technological environment.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1147Key Players:Nuance Communications (U.S.), Anboto (Spain), Google (U.S.), eGain (U.S.), CX Company (Netherlands), ViClone (Spain), Inbenta (U.S.), GetAbby (U.S.), Creative Virtual (U.K.), Next IT (U.S.) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Intelligent Virtual Assistant market.

The competitive landscape is huge for intelligent virtual assistant market which includes BFSI, Healthcare, Automotive, E-Commerce, Aerospace, IT among others.

The company has built artificial intelligence virtual assistants for consumer and automotive brands including American Airlines, Amtrak, Audi, Barclay’s, BMW, Citi, Delta, Domino’s, FedEx, Ford and GM.

How Natural Language Processing is Related to Intelligent Virtual Assistant?

Pooja salve 2023-01-03

The value of Intelligent Virtual Assistant depends on natural language processing (NLP). They do data processing using computer languages, which are fundamentally made up of 1s and 0s. As a result, translation between the artificial computer languages and the actual human languages is necessary for computers and people to communicate. Automotive, BFSI, retail, IT & telecom, healthcare, education, hospitality & tourism are just a few of the industries that can deploy intelligent virtual assistants. For instance, Hyatt dramatically reduced their cost per call by implementing an intelligent virtual assistant.

Intelligent Personal Assistant Market Analysis By Technology Advancement, Growth and Forecasts

Ketan Wagh 2021-05-06

OverviewThe era of rapid resolution to queries and fast internet speeds have given birth to intelligent personal assistants (IPA).

The Intelligent Personal Assistant Market report by Market Research Future (MRFR) looks at the developments of IPA, advances in natural language and artificial intelligence, and scope of chatbots for the period of 2016 to 2027 (forecast period).

The sudden outbreak of the COVID-19 virus and its impact on the industry are discussed in high detail.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1116Market ScopeThe global intelligent personal assistant market is predicted to display a CAGR of 33% over the forecast period.

The ability of IPAs in assisting human productivity can bode well for the market growth.

The high penetration rate of smartphones and tablets as well as access to high-speed broadband can favor the market till 2027.

The trend of bring-your-own-devices and cloud computing can influence the market and expand its scope across healthcare, travel, food & beverage, and other sectors.The COVID-19 pandemic had disrupted major processes globally but IPAs had assisted consumers with queries related to the virus, diagnosis, and other essential requirements.

Intelligent Virtual Assistant Market Growth Drivers, Opportunities and Forecast Analysis to forecast year 2023 (SARS-CoV-2, Covid-19 Analysis)

Market News-Flash 2020-09-14

Intelligent Virtual Assistant Market A new market study, titled “Intelligent Virtual Assistant Market ” has been featured on Market Research Future.An intelligent virtual assistant is artificial intelligence (AI) based assistant powered by the internet and is capable of executing various functions as demanded.

It is installed in smart devices like smartphones, tablets, and personal computers (PCs).

The regular advancements and rise in demand for better services powered by cloud-based tools have empowered the market and are growing rapidly.

The companies are readily investing in research & development programs to unfold the new aspects, imposing an extra load on the market and will help the market gain accelerated speeds.More Information@Intelligent Virtual Assistant Market | IVA Market Size, Share, Forecast to 2027Intelligent Virtual Assistant Market is seeing a tremendous opportunities in the forecast period,…Read on marketresearchfuture.comApart from the uses and features, the global intelligent virtual assistant market faces challenges from high costs and lag in voice & language recognition, which has restrained the global market growth.

This report offers a complete outlook on the opposition, opportunities, drivers & restraints, and other factors affecting the neighborhood and global intelligent virtual assistant marketplace.

The worldwide market is anticipated to sign in approximately 34 % annual growth in this era.Market DivisionThe global intelligent virtual assistant market is segmented into classes as follows:The global intelligent virtual assistant market is characterized as Chatbot and smart speakers based on types of products.The global intelligent virtual assistant market is characterized as text to speech, automatic speech recognition based on technology.The global intelligent virtual assistant market is characterized by small and medium-sized enterprises (SMEs) and large enterprises based on enterprise size.The global intelligent virtual assistant market is divided among banking, financial services, and insurance (BFSI), IT & telecom, healthcare, consumer electronics, travel & hospitality, and others based on applications.Regional ClassificationThe intelligent virtual assistant market has gained global adoption due to the rapid digitalization; increasing demands advanced technologies and high disposable incomes.

Intelligent Virtual Assistant Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2029

Dasharath 2023-06-05

com/request-sample/8582 Intelligent Virtual Assistant Market ScopeThe study carefully examines micro and macro characteristics, market trends, and demand for Intelligent Virtual Assistant market projections. In-depth research is conducted on each regional market to identify regional Intelligent Virtual Assistant market trends, limitations, and growth potential. • eGain Corporation• CX Company• Anboto GroupIntelligent Virtual Assistant Market Key Questions answered in the Intelligent Virtual Assistant Market Report are:What is Intelligent Virtual Assistant Market? Which region held the largest market share in the Intelligent Virtual Assistant Market? com/market-report/global-intelligent-virtual-assistant-market/8582/ About Maximize Market Research:Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries.

Global Intelligent Virtual Assistant Market Report 2020 Forecast to 2025

Due Dalen 2020-02-06

The latest trending report Global Intelligent Virtual Assistant Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.

The report will assist reader with better understanding and decision making.The global Intelligent Virtual Assistant market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 16.4% in the forecast period of 2020 to 2025 and will expected to reach USD 2159.6 million by 2025, from USD 1174.7 million in 2019.The Intelligent Virtual Assistant market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/37770-intelligent-virtual-assistant-market-analysis-reportThe major players covered in Intelligent Virtual Assistant are:MicrosoftBaiduAlphabetNuanceIBMSamsung ElectronicsInbenta TechnologiesAmazonAppleBlackberryMycroft AiFacebookUnified Computer IntelligenceCognitive CodeArtificial SolutionsBy Type, Intelligent Virtual Assistant market has been segmented into: Rule based Conversational AI basedBy Application, Intelligent Virtual Assistant has been segmented into: Consumer Electronics BFSI Healthcare Education Retail Government Utilities Travel and Hospitality OthersThe report offers in-depth assessment of the growth and other aspects of the Intelligent Virtual Assistant market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Intelligent Virtual Assistant Market @ https://www.decisiondatabases.com/contact/download-sample-37770There are 14 Chapters to deeply display the global Intelligent Virtual Assistant market.1 Intelligent Virtual Assistant Market Overview2 Company Profiles3 Global Intelligent Virtual Assistant Market Competition, by Players4 Global Intelligent Virtual Assistant Market Size by Regions5 North America Intelligent Virtual Assistant Revenue by Countries6 Europe Intelligent Virtual Assistant Revenue by Countries7 Asia-Pacific Intelligent Virtual Assistant Revenue by Countries8 South America Intelligent Virtual Assistant Revenue by Countries9 Middle East and Africa Revenue Intelligent Virtual Assistant by Countries10 Global Intelligent Virtual Assistant Market Segment by Type11 Global Intelligent Virtual Assistant Market Segment by Application12 Global Intelligent Virtual Assistant Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Intelligent Virtual Assistant Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-37770Other Reports by DecisionDatabases.com:Global Virtual Security Market 2019 by Company, Regions, Type and Application, Forecast to 2024Global Virtual Training Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Virtual Reality Software Market 2020 by Company, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.

We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/

Growing Trend of Outsourced Assistance to Augment the Global Intelligent Virtual Assistant Market Report

International-Industry -News 2020-03-31

Intelligent Virtual Assistant Market ReportWith the advent of artificial intelligence and the convergence of technology in many spheres of daily life, the intelligent virtual assistant market has grown correspondingly.

Market Research Future, a firm which specializes in market reports related to the information and communication technology sector among others, recently published a report on this market.

The market for virtual assistants is expected to grow steadily while demonstrating a dynamic CAGR rate.The content gathered for machine-learning software performance improvement has led to significant improvement in the sector for intelligent virtual assistant market.

Enhanced consumer experience is one of the main benefits that are driving the development of this particular sector.Industry SegmentsThe Global Intelligent Virtual Assistant Market comprises of the following categories:By Technology: Text-to-speech and Speech recognition.

IVA significantly supports the retail industry in several ways including enhanced customer experience and analyzing the buying behaviour of the customer in most efficient way.By End User: Individual, small & medium enterprises and large enterprises.By Region: North America, Europe, Asia-Pacific & RoW.Detailed Regional AnalysisNorth America is dominating the market of intelligent virtual assistant with a sizeable market share.

Asia-Pacific has appeared as fast growing market where as APAC has witnessed an encouragingly high CAGR.

Health Intelligent Virtual Assistant Market 2022 Size, Share & Forecast Report

Charls Bawez 2023-06-24

Virtual Assistant Market Explosive Growth Opportunity, Regional Analysis 2024-2033

Sushmitha 2024-03-27

Learn More On The Virtual Assistant Market:https://www. A significant catalyst propelling the virtual assistant market forward is the escalating penetration of smart devices. 4% by 2025, underscoring the pivotal role of smart device penetration in propelling the virtual assistant market. Powered by IBM Watson Assistant, this virtual assistant swiftly addresses frequently posed inquiries regarding pricing, delivery modalities, and shipping while furnishing pertinent links for further assistance, epitomizing the evolution of customer-centric solutions within the virtual assistant domain. The virtual assistant market report table of contents includes:1.