The global intelligent virtual assistant software market is expected to grow from USD 1.5 billion in 2018 to USD 3.2 billion by 2030, at a CAGR of 16.6% during the forecast period. The growth of this market can be attributed to the increasing demand for AI-based virtual assistants and their ability to provide personalized services, which are becoming more popular among consumers and enterprises alike. The customer service segment is expected to lead the global intelligent virtual assistant software market during the forecast period, with a share of over 40%. This can be attributed to its wide range of applications across various industries such as BFSI, retail, IT and telecoms, education, healthcare etc, which has led it to become one of the most widely used segments in this market. -The Intelligent Virtual Assistant Software market is expected to grow at a CAGR of over 30% during the forecast period. -The Intelligent Virtual Assistant Software market is driven by factors such as increasing demand for automation, growing need for customer service, and increasing adoption of AI in various industries. -Increasing demand for automation in various industries is one of the major drivers that are expected to fuel the growth of the Intelligent Virtual Assistant Software market. The use of intelligent virtual assistants can help automate tasks and reduce human errors which will lead to increased efficiency and productivity. This will also help organizations save on costs associated with hiring skilled labor or outsourcing work to other countries. -Growing need for customer service is another factor that drives the growth of this market as it helps organizations provide better customer service through automated responses from intelligent virtual assistants. This will help organizations improve their brand image among customers by providing them with quick responses without any delays or errors which would have been caused if humans were answering these queries instead -Increasing adoption of AI in various industries such as healthcare, banking & finance, retail & ecommerce, etc, has led to an increase in demand for intelligent virtual assistant software solutions across all sectors which has fueled its growth over time.
Industry Growth Insights published a new data on “Intelligent Virtual Assistant Software Market”. The research report is titled “Intelligent Virtual Assistant Software Market research by Types (Customer Service, Marketing Assistant, Speech Recognition, Text to Speech Recognition, ), By Applications (BFSI, Automobile, IT and Telecoms, Retail, Health Care, Education, Other, ), By Players/Companies Next IT, Anboto Group, H-care, Inbenta Technologies, Eidoserve, CX Company, Eidoserve, Creative Virtual, Ecreation, Nuance Communications, EGain, Viclone, Synthetix, ”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Virtual Assistant Software Market Research Report
By Type
Customer Service, Marketing Assistant, Speech Recognition, Text to Speech Recognition,
By Application
BFSI, Automobile, IT and Telecoms, Retail, Health Care, Education, Other,
By Companies
Next IT, Anboto Group, H-care, Inbenta Technologies, Eidoserve, CX Company, Eidoserve, Creative Virtual, Ecreation, Nuance Communications, EGain, Viclone, Synthetix,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Virtual Assistant Software Market Report Segments:
The global Intelligent Virtual Assistant Software market is segmented on the basis of:
Types
Customer Service, Marketing Assistant, Speech Recognition, Text to Speech Recognition,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Automobile, IT and Telecoms, Retail, Health Care, Education, Other,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Next IT
- Anboto Group
- H-care
- Inbenta Technologies
- Eidoserve
- CX Company
- Eidoserve
- Creative Virtual
- Ecreation
- Nuance Communications
- EGain
- Viclone
- Synthetix
Highlights of The Intelligent Virtual Assistant Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Customer Service
- Marketing Assistant
- Speech Recognition
- Text to Speech Recognition
- By Application:
- BFSI
- Automobile
- IT and Telecoms
- Retail
- Health Care
- Education
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Virtual Assistant Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intelligent Virtual Assistant Software is a software application that helps users with tasks such as scheduling appointments, sending emails, and creating documents.
Some of the major companies in the intelligent virtual assistant software market are Next IT, Anboto Group, H-care, Inbenta Technologies, Eidoserve, CX Company, Eidoserve, Creative Virtual, Ecreation, Nuance Communications, EGain, Viclone, Synthetix.
The intelligent virtual assistant software market is expected to grow at a compound annual growth rate of 16.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Virtual Assistant Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Virtual Assistant Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Virtual Assistant Software Market - Supply Chain
4.5. Global Intelligent Virtual Assistant Software Market Forecast
4.5.1. Intelligent Virtual Assistant Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Virtual Assistant Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Virtual Assistant Software Market Absolute $ Opportunity
5. Global Intelligent Virtual Assistant Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intelligent Virtual Assistant Software Market Size and Volume Forecast by Type
5.3.1. Customer Service
5.3.2. Marketing Assistant
5.3.3. Speech Recognition
5.3.4. Text to Speech Recognition
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Virtual Assistant Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intelligent Virtual Assistant Software Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. Automobile
6.3.3. IT and Telecoms
6.3.4. Retail
6.3.5. Health Care
6.3.6. Education
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Virtual Assistant Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intelligent Virtual Assistant Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intelligent Virtual Assistant Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intelligent Virtual Assistant Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intelligent Virtual Assistant Software Demand Share Forecast, 2019-2026
9. North America Intelligent Virtual Assistant Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intelligent Virtual Assistant Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intelligent Virtual Assistant Software Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. Automobile
9.4.3. IT and Telecoms
9.4.4. Retail
9.4.5. Health Care
9.4.6. Education
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Virtual Assistant Software Market Size and Volume Forecast by Type
9.7.1. Customer Service
9.7.2. Marketing Assistant
9.7.3. Speech Recognition
9.7.4. Text to Speech Recognition
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intelligent Virtual Assistant Software Demand Share Forecast, 2019-2026
10. Latin America Intelligent Virtual Assistant Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intelligent Virtual Assistant Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intelligent Virtual Assistant Software Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. Automobile
10.4.3. IT and Telecoms
10.4.4. Retail
10.4.5. Health Care
10.4.6. Education
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Virtual Assistant Software Market Size and Volume Forecast by Type
10.7.1. Customer Service
10.7.2. Marketing Assistant
10.7.3. Speech Recognition
10.7.4. Text to Speech Recognition
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intelligent Virtual Assistant Software Demand Share Forecast, 2019-2026
11. Europe Intelligent Virtual Assistant Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intelligent Virtual Assistant Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intelligent Virtual Assistant Software Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. Automobile
11.4.3. IT and Telecoms
11.4.4. Retail
11.4.5. Health Care
11.4.6. Education
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Virtual Assistant Software Market Size and Volume Forecast by Type
11.7.1. Customer Service
11.7.2. Marketing Assistant
11.7.3. Speech Recognition
11.7.4. Text to Speech Recognition
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intelligent Virtual Assistant Software Demand Share, 2019-2026
12. Asia Pacific Intelligent Virtual Assistant Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intelligent Virtual Assistant Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intelligent Virtual Assistant Software Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. Automobile
12.4.3. IT and Telecoms
12.4.4. Retail
12.4.5. Health Care
12.4.6. Education
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Virtual Assistant Software Market Size and Volume Forecast by Type
12.7.1. Customer Service
12.7.2. Marketing Assistant
12.7.3. Speech Recognition
12.7.4. Text to Speech Recognition
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intelligent Virtual Assistant Software Demand Share, 2019-2026
13. Middle East & Africa Intelligent Virtual Assistant Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intelligent Virtual Assistant Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intelligent Virtual Assistant Software Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. Automobile
13.4.3. IT and Telecoms
13.4.4. Retail
13.4.5. Health Care
13.4.6. Education
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Virtual Assistant Software Market Size and Volume Forecast by Type
13.7.1. Customer Service
13.7.2. Marketing Assistant
13.7.3. Speech Recognition
13.7.4. Text to Speech Recognition
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intelligent Virtual Assistant Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intelligent Virtual Assistant Software Market: Market Share Analysis
14.2. Intelligent Virtual Assistant Software Distributors and Customers
14.3. Intelligent Virtual Assistant Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Next IT
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anboto Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. H-care
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Inbenta Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eidoserve
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CX Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eidoserve
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Creative Virtual
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ecreation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nuance Communications
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. EGain
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Viclone
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Synthetix
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments