Intelligent Virtual Assistant Market was valued at $1.1 billion in 2016 and is projected to reach $11.9 billion by 2024, having a CAGR of 34.8 % during the forecasted period of 2017 to 2024.
IVA or Intelligent Virtual Assistant is an engineered object existing in software that interfaces with humans in a human manner. This technology integrates features of interactive voice response and advanced artificial intelligence, in order to provide a complete virtual identity which can actually converse with the user. It is an advanced software application that facilitates the human interaction with the computer through the means various platforms such as, internet, SMS, and messengers. These systems utilize a predefined set of methods to communicate with the end user such as text-to-text, text-to-speech, speech-to-text, and speech-to-speech. An intelligent virtual assistant helps a lot in saving the time which is usually vanished in searching the required information from internet sources. IVA is equipped with some of the most helpful features such as rapid rigid training process and constant & unified support to the customers. The Global Intelligent Virtual Assistant market has witnessed a rapid and appreciable growth in the near past and is anticipated to exhibit the same growth pattern in the near future.
CHAPTER 1. INTRODUCTION 1.1. RESEARCH METHODOLOGY 1.1.1. ERC desk research 1.1.2. ERC data synthesis 1.1.3. Data validation and market feedback 1.1.4. ERC data sources 1.2. RESEARCH SCOPE CHAPTER 2. MARKET OVERVIEW 2.1. RESEARCH SUMMARY 2.2. VALUE CHAIN ANALYSIS 2.3. FIVE FORCES ANALYSIS 2.4. MARKET PLAYER POSITIONING 2.5. DEMAND FORECAST 2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS 2.7. MARKET DETERMINANTS 2.7.1. DRIVERS 2.7.1.1. Cost effective solutions 2.7.1.2. Improved customer experience 2.7.1.3. Massive amounts of organization data 2.7.2. RESTRAINTS 2.7.2.1. Lack of skilled resources 2.7.3. OPPORTUNITIES 2.7.3.1. Rising demand for websites and mobile applications. CHAPTER 3. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET BY TECHNOLOGY,2016-2024 3.1. SEGMENT OUTLINE 3.2. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024 3.3. SPEECH RECOGNITION 3.3.1. Trend analysis 3.3.2. Market growth analysis 3.3.3. Global speech recognition market revenue by region,2016-2024 3.4. TEXT-TO-SPEECH 3.4.1. Trend analysis 3.4.2. Market growth analysis 3.4.3. Global text-to-speech market revenue by region,2016-2024 CHAPTER 4. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET BY VERTICAL,2016-2024 4.1. SEGMENT OUTLINE 4.2. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024 4.3. AUTOMOTIVE 4.3.1. Trend analysis 4.3.2. Market growth analysis 4.3.3. Global automotive market revenue by region,2016-2024 4.4. HEALTHCARE 4.4.1. Trend analysis 4.4.2. Market growth analysis 4.4.3. Global healthcare market revenue by region,2016-2024 4.5. BFSI 4.5.1. Trend analysis 4.5.2. Market growth analysis 4.5.3. Global bfsi market revenue by region,2016-2024 4.6. RETAIL (E-COMMERCE) 4.6.1. Trend analysis 4.6.2. Market growth analysis 4.6.3. Global retail (e-commerce) market revenue by region,2016-2024 4.7. OTHERS 4.7.1. Trend analysis 4.7.2. Market growth analysis 4.7.3. Global others intelligent virtual assistant market revenue,2016-2024 CHAPTER 5. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY GEOGRAPHY, 2016-2024 5.1. SEGMENT OUTLINE 5.2. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY GEOGRAPHY,2016-2024 5.3. NORTH AMERICA 5.3.1. Trend analysis 5.3.2. Market growth analysis 5.3.3. North America intelligent virtual assistant market revenue by technology,2016-2024 5.3.4. North America intelligent virtual assistant market revenue by vertical,2016-2024($million) 5.4. EUROPE 5.4.1. Trend analysis 5.4.2. Market growth analysis 5.4.3. Europe intelligent virtual assistant market revenue by technology,2016-2024 5.4.4. Europe intelligent virtual assistant market revenue by vertical,2016-2024 5.5. ASIA-PACIFIC 5.5.1. Trend analysis 5.5.2. Market growth analysis 5.5.3. Asia-Pacific intelligent virtual assistant market revenue by technology,2016-2024 5.5.4. Asia-Pacific intelligent virtual assistant market revenue by vertical,2016-2024 5.6. LATIN AMERICA MIDDLE EAST AND AFRICA (LAMEA) 5.6.1. Trend analysis 5.6.2. Market growth analysis 5.6.3. Lamea intelligent virtual assistant market revenue by technology,2016-2024 CHAPTER 6. COMPANY PROFILES 6.1. SPEAKTOIT INC 6.1.1. Company overview 6.1.2. Company snapshot 6.1.3. Business overview 6.1.4. Strategic attempts 6.2. CODEBABYCORPORATION 6.2.1. Company overview 6.2.2. Company snapshot 6.2.3. Business overview 6.2.4. Strategic attempts 6.3. ARTIFICIAL SOLUTIONS LTSD. 6.3.1. Company overview 6.3.2. Company snapshot 6.3.3. Business overview 6.3.4. Strategic attempts 6.4. ANBOTO GROUP 6.4.1. Company overview 6.4.2. Company snapshot 6.4.3. Business overview 6.4.4. Strategic attempts 6.5. INTELLIRESPONSE SYSTEM INC. 6.5.1. Company overview 6.5.2. Company snapshot 6.5.3. Business overview 6.5.4. Strategic attempts 6.6. NEXT IT CORPORATION 6.6.1. Company overview 6.6.2. Company snapshot 6.6.3. Business overview 6.6.4. Strategic attempts 6.7. CREATIVE VIRTUAL LTD. 6.7.1. Company overview 6.7.2. Company snapshot 6.7.3. Business overview 6.7.4. Strategic attempts 6.8. CX COMPANY 6.8.1. Company overview 6.8.2. Company snapshot 6.8.3. Business overview 6.8.4. Strategic attempts 6.9. NUANCE COMMUNICATIONS INC 6.9.1. Company overview 6.9.2. Company snapshot 6.9.3. Business overview 6.9.4. Strategic attempts 6.10. EGAIN CORPORATION 6.10.1. Company overview 6.10.2. Company snapshot 6.10.3. Business overview 6.10.4. Strategic attempts LIST OF TABLES TABLE NO 1. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) TABLE NO 2. GLOBAL SPEECH RECOGNITION MARKET REVENUE BY REGION,2016-2024($MILLION) TABLE NO 3. GLOBAL TEXT-TO-SPEECH MARKET REVENUE BY REGION,2016-2024($MILLION) TABLE NO 4. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) TABLE NO 5. GLOBAL AUTOMOTIVE MARKET REVENUE BY REGION,2016-2024($MILLION) TABLE NO 6. GLOBAL HEALTHCARE MARKET REVENUE BY REGION,2016-2024($MILLION) TABLE NO 7. GLOBAL BFSI MARKET REVENUE BY REGION,2016-2024($MILLION) TABLE NO 8. GLOBAL RETAIL (E-COMMERCE) MARKET REVENUE BY REGION,2016-2024($MILLION) TABLE NO 9. GLOBAL OTHERS INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE,2016-2024($MILLION) TABLE NO 10. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY GEOGRAPHY,2016-2024($MILLION) TABLE NO 11. NORTH AMERICA INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) TABLE NO 12. NORTH AMERICA INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) TABLE NO 13. EUROPE INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) TABLE NO 14. EUROPE INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) TABLE NO 15. ASIA-PACIFIC INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) TABLE NO 16 ASIA-PACIFIC INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) TABLE NO 17. LAMEA INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) LIST OF FIGURES FIGURE NO 1. VALUE CHAIN ANALYSIS FIGURE NO 2. PORTER’S FIVE FORCES ANALYSIS FIGURE NO 3. MARKET SHARE ANALYSIS FIGURE NO 4. INVESTMENT OPPORTUNITIES FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE) FIGURE NO 6. KEY IMPACTING FACTORS FIGURE NO 7. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) FIGURE NO 8. GLOBAL SPEECH RECOGNITION MARKET REVENUE BY REGION,2016-2024($MILLION) FIGURE NO 9. GLOBAL TEXT-TO-SPEECH MARKET REVENUE BY REGION,2016-2024($MILLION) FIGURE NO 10. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) FIGURE NO 11. GLOBAL AUTOMOTIVE MARKET REVENUE BY REGION,2016-2024($MILLION) FIGURE NO 12. GLOBAL HEALTHCARE MARKET REVENUE BY REGION,2016-2024($MILLION) FIGURE NO 13. GLOBAL BFSI MARKET REVENUE BY REGION,2016-2024($MILLION) FIGURE NO 14. GLOBAL RETAIL (E-COMMERCE) MARKET REVENUE BY REGION,2016-2024($MILLION) FIGURE NO 15. GLOBAL OTHERS INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE,2016-2024($MILLION) FIGURE NO 16. GLOBAL INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY GEOGRAPHY,2016-2024($MILLION) FIGURE NO 17. NORTH AMERICA INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) FIGURE NO 18. NORTH AMERICA INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) FIGURE NO 19. EUROPE INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) FIGURE NO 20. EUROPE INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) FIGURE NO 21. ASIA-PACICFIC INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION) FIGURE NO 22. ASIA-PACICFIC INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY VERTICAL,2016-2024($MILLION) FIGURE NO 23. LAMEA INTELLIGENT VIRTUAL ASSISTANT MARKET REVENUE BY TECHNOLOGY,2016-2024($MILLION)