According to the recent report published by Research Corridor, the Global Intelligent Virtual Assistant Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. The global intelligent virtual assistant market size was accounted for USD 4 billion in 2019 and projected to register a higher CAGR of 38% during the forecast period 2020 to 2027. The unification of artificial intelligence (AI) powered intelligent virtual assistant in various devices like smartphones, tablets, and computers are projected to uplift the market. The rising adoption of chatbots and smart speakers in various industries such as automotive, BFSI, and entertainment and media are some factors to drive the market growth positively.This latest industry research study analyzes the Intelligent Virtual Assistant market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.
The report titled "Intelligent Virtual Assistant Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Intelligent Virtual Assistant industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Intelligent Virtual Assistant market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Intelligent Virtual Assistant Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Intelligent Virtual Assistant Market Segmentation:
By Product Type:
• Chatbot
• Smart Speakers
By Technology Used:
• Text-to-speech
• Text based
• Automatic Speech Recognition
By Application:
• BFSI
• Consumer Electronics
• Healthcare
• Automotive
• Retail
• Education
• Others
By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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List of Key companies:
• Microsoft Corporation
• Nuance Communications Inc.
• Apple Inc.
• Google Inc.
• Oracle Corporation
• IBM Corporation
• Samsung Electronics
Key Questions Answered by Intelligent Virtual Assistant Market Report
• Product popularity and adoption based on various country-level dynamics
• Regional presence and product development for leading market participants
• Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
• Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
• number of employees and market concentration, among others
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About Us:
Research Corridor is a global market research firm. Our insightful analysis is focused on developed and emerging markets. We identify trends and forecast markets with a view to aid businesses identify market opportunities optimize strategies. Our expert’s team of analysts’ provides enterprises with strategic insights. Research Corridor works to help enterprises grow through strategic insights and actionable solutions. Feel free to contact us for any report customization at
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