Intelligent Virtual Assistants Market Worth $1,138.8m In 2017.’ Says Visiongain Report

29 August 2017
Cyber

Visiongain’s new report the Intelligent Virtual Assistant (IVA) Market Report 2017-2027: Forecasts By Technology (Text to Speech, Speech Recognition) By Application (Websites, Contact Centre, Messenger Bots) By End User (Individual User, Small & Medium Enterprise, Large Enterprise) Analysis of Leading Companies Developing Artificial intelligence (AI), Predictive Analytics & Natural Language Understanding indicates that the global Intelligent Virtual Assistant market will reach $1,138.8m in 2017.

An Intelligent virtual assistant acts as a primary interface between digital data and customers. Today, most of the websites place a burden on end users to find answers to their queries. If end users are not able to find relevant information, they usually abandon the search and contact live customer service representatives. Companies need a cost effective way to effectively and efficiently respond to customer needs. Hence, most companies are turning to interactive online channels such as intelligent virtual assistants to solve this challenge.

The 115 page report contains 53 tables, charts and graphs that add visual analysis in order to explain developing trends within the Intelligent Virtual Assistant market. Visiongain provides forecasts for the period 2017-2027 for the leading Intelligent Virtual Assistant submarkets by technology (Text to Speech, Speech Recognition), by Applications (Websites, Contact Centre, Messenger Bots) and By End User (Individual User, Small & Medium Enterprise, Large Enterprise)

The report also offers market forecasts and analysis for 5 regions and 15 leading national Intelligent Virtual Assistant markets In addition, the report contains a dedicated leading companies’ chapter covering 9 companies including Anboto Group, Artificial Solutions Ltd., CodeBaby Corporation, Creative Virtual Ltd, eGain Communications Corporation, IntelliResponse Systems Inc, Next IT Corporation, Nuance Communications Inc and Speaktoit, Inc

The Intelligent Virtual Assistant (IVA) Market Report 2017-2027: Forecasts By Technology (Text to Speech, Speech Recognition) By Application (Websites, Contact Centre, Messenger Bots) By End User (Individual User, Small & Medium Enterprise, Large Enterprise) Analysis of Leading Companies Developing Artificial intelligence (AI), Predictive Analytics & Natural Language Understanding report will be of value to anyone who wants to better understand the Intelligent Virtual Assistant market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Intelligent Virtual Assistant industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“The Artificial Intelligence in Cyber Security market is valued at US$4.94bn in 2019” says Visiongain report

Chatbots are gaining significance as they understand the need of the user and provide a specific set of responses for which they are trained. They are also poised to disrupt various industries, such as retail, and banking and insurance, and are personified through artificial intelligence.

12 April 2019

Read

“$8.8bn Military Cyber Security market poised for sustained growth due to decline of monopolar geopolitical stage” says new Visiongain report

The $8.8bn Military Cyber Security Market is set to grow by 5.7% in the 2019-2029 period.

01 April 2019

Read

“$4.6bn Facial Recognition Technology market is poised for astonishing growth due to increased adoption” says new Visiongain report

Currently, the 2D facial recognition technology dominates the global facial recognition technology market in 2019.

04 March 2019

Read

“The Cyber Insurance market is valued at $4.3bn in 2019” says new Visiongain report

The Cyber Insurance market is expected to witness a high growth owing to key factors such as increasing cyber-attacks globally across several end-user industries and government legislation mandating the use of cyber insurance.

31 January 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever