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Intelligent Virtual Assistant Market Analysis, Market Share, Key Trends, Vendor Strategies, Regional Outlook And Forecasts, 2015 To 2022

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North America Intelligent Virtual assistant functions artificial intelligence for providing automated assistance to user, it could also be in a form of 2D static character images or fully animated avatar.
Hexa Reports
Market Research Reports and Insightful Company Profiles
Intelligent Virtual Assistant Market Analysis, Market Share,
Key Trends, Vendor Strategies, Regional Outlook And
Forecasts, 2015 To 2022
North America Intelligent Virtual assistant functions artificial intelligence for providing automated
assistance to user, it could also be in a form of 2D static character images or fully animated avatar.
Digital humanlike avatar are customizable, many players in this industry offers services to change its
appearance according to the user’s preference. According to the Research study by Hexa Research, The
market for Intelligent Virtual assistant is likely to reach around USD 3,070 million by 2020.Growing focus
of resourceful consumer interaction facilitated by virtual assistants is likely to drive the market in
upcoming years.
Two major types of technologies used are Speech recognition technology and text to speech technology
.Speech recognition provides feature for intuitive and interactive communication, is known as one of the
most popular technology. In 2012, Major driving market for Intelligent Virtual Assistant was dominant
consumers which contributed for around 80% of the global market. Markets forecast for small and
medium companies are expected to be positive, with adoption rates that are expected to increase
considerably in next few years.
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The market of Intelligent Virtual Assistant market is likely to grow at CAGR around 30% till 2020.Big
companies are anticipated to continue for majority market share, driven by increasing focus on
customer satisfaction. For ensuring the user engagement and offering real –time, for revenue
generation, personalized support is crucial.
In 2012, North America contributed for over 40% of the market globally, is likely to remain the major
segment in next few years. Emerging economies are likely to witness high demand; Asia Pacific is
expected to grow rapidly over the forecast period. Major Industry participants serve industries like
Telecommunication, Travel, finance, retail, insurance and utilities. Efficient natural language processing
capability and Robust back end knowledge base are quite important for gaining competitive benefits.
Key Firms operating in the industry are Nuance communications, Next IT Corporation, Anboto Group,
and Creative Virtual Ltd.
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Table Of Content
Chapter 1 Executive Summary
1.1 Intelligent Virtual Assistant - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Intelligent Virtual Assistant Industry Analysis
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Intelligent Virtual Assistant Value Chain Analysis
2.4 Intelligent Virtual Assistant Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Intelligent Virtual Assistant - Company Market Share Analysis
2.8 Intelligent Virtual Assistant - PESTEL Analysis
Chapter 3 Intelligent Virtual Assistant End-Use Outlook
3.1 Large Enterprises
3.2 Small and Medium Enterprises (SME)
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Chapter 4 Intelligent Virtual Assistant Regional Outlook
4.1 North America
4.2 Europe
4.3 Asia Pacific
4.4 RoW
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Chapter 5 Competitive Landscape
5.1 Next IT Corporation
5.2 Creative Virtual Ltd.
5.3 Nuance Communications
5.4 Anboto Group
5.5 Synthetix Ltd.
5.6 eGain Communications
5.7 CodeBaby Corp.
5.8 Artificial Solutions
5.9 Intel Corporation
5.10 Vi-Clone Corp.
5.11 Eidoserve
5.12 The Selfservice Company
5.13 InteliWISE SA
Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope & Assumption
6.3 List of Data Sources
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research and consulting services to a host of key industries across the globe. We offer comprehensive
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business environment and enable them to undertake strategic growth initiatives.
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