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Intelligent Virtual Assistant Market, by Product (Chatbots, IVA Smart Speakers), User Interface (Text Based, Text-To-Speech, Automatic Speech Recognition (ASR), Others), Type (Rule based, Conversational AI based), Industry (Consumer Electronics, BFSI, Healthcare, Education, Retail, Government, Utilities, Travel and Hospitality, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

SE313 November 2017 100+ FREE 10% CUSTOMIZATION

The intelligent virtual assistant is being used in various applications such as retail, utilities, healthcare and many more. The growing preference for consumer electronics is driving the market growth. Chatbots is a famous example of intelligent virtual assistant. There is an increasing demand for automation in customer services and acceptance of speaker-based virtual assistances in the smart home appliances. This report studies the current and future aspects of the intelligent virtual assistant market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the intelligent virtual assistant market. The scope of this report covers the intelligent virtual assistant market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The global intelligent virtual assistant market is growing at a fast pace during the forecasted period mainly because of rising demand for automation in offering the customers an interrupted support services.
  • In addition, there is also an increase in demand for smart speakers in smart home settings such as wireless-connected thermostats, music players and so on. The growth in the automated systems and consumer electronics is driving the market worldwide. The early commercialization of chatbots is favoring the progress of the intelligent virtual assistant market.

The global intelligent virtual assistant market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of intelligent virtual assistant market. The region continues to dominate the global market during the forecasted period because of presence of developing countries like India, China and Japan which are adopting the artificial intelligence technology. They are using chatbots for providing uninterrupted support services to serve the population which is boosting the market growth in the region.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s intelligent virtual assistant market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the intelligent virtual assistant market by the following segments:

  • Intelligent Virtual Assistant Market, by Product
    • Chatbots
    • IVA Smart Speakers
  • Intelligent Virtual Assistant Market, by User Interface
    • Text Based
    • Text-To-Speech
    • Automatic Speech Recognition (ASR)
    • Others
  • Intelligent Virtual Assistant Market, by Type
    • Rule based
    • Conversational AI based
  • Intelligent Virtual Assistant Market, by Industry
    • Consumer Electronics
    • BFSI
    • Healthcare
    • Education
    • Retail
    • Government
    • Utilities
    • Travel and Hospitality
    • Others

KEY MARKET PLAYERS

Key players in the intelligent virtual assistant market include:

  • Microsoft
  • Nuance Communications
  • Samsung Electronics
  • Alphabet
  • Apple
  • Amazon
  • International Business Machines (IBM)
  • Baidu
  • Blackberry
  • Inbenta Technologies

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. INTELLIGENT VIRTUAL ASSISTANT MARKET, BY PRODUCT
    1. Segment Share
    2. By Product
      1. Chatbots
      2. IVA Smart Speakers
  6. INTELLIGENT VIRTUAL ASSISTANT MARKET, BY USER INTERFACE
    1. Segment Share
    2. By user Interface
      1. Text Based
      2. Text-To-Speech
      3. Automatic Speech Recognition (ASR)
      4. Others
  7. INTELLIGENT VIRTUAL ASSISTANT MARKET, BY TYPE
    1. Segment Share
    2. By Type
      1. Rule based
      2. Conversational AI based
  8. INTELLIGENT VIRTUAL ASSISTANT MARKET, BY INDUSTRY
    1. Segment Share
    2. By Industry
      1. Consumer Electronics
      2. BFSI
      3. Healthcare
      4. Education
      5. Retail
      6. Government
      7. Utilities
      8. Travel and Hospitality
      9. Others
  9. INTELLIGENT VIRTUAL ASSISTANT MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Product
      3. By User Interface
      4. By Type
      5. By Industry
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Product
      3. By User Interface
      4. By Type
      5. By Industry
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Product
      3. By User Interface
      4. By Type
      5. By Industry
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Product
      3. By User Interface
      4. By Type
      5. By Industry
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Product
      3. By User Interface
      4. By Type
      5. By Industry
  10. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  11. KEY MARKET PLAYERS
    1. Microsoft
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Nuance Communications
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Samsung Electronics
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Alphabet
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Apple
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Amazon
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. International Business Machines (IBM)
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Baidu
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Blackberry
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. Inbenta Technologies
      1. Overview
      2. Key Strategies
      3. Key Developments
  12. SCALAR 360 DEGREE MARKET PERSPECTIVE
  13. APPENDIX
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