FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Albany, NY, Feb. 05, 2016 -- According to a recent market research report published by Transparency Market Research, the global intelligent virtual assistant market is estimated to expand healthily at a CAGR of 31.80% during the period between 2015 and 2022. The report, projects the global intelligent virtual assistant market to be worth US$5.1 bn by 2022. The overall market was valued at US$0.57 bn in 2014.
Browse Market Research Report with ToC & Free Analysis:
http://www.transparencymarketresearch.com/intelligent-virtual-assistant-industry.html
An intelligent virtual assistant works as the primary interface between digital data and computers. The software performs tasks on the basis of input provided and by accessing online information. Intelligent virtual assistant technology implements the combination of a mobile device, mobile application, and user interface. The report points out that the increasing data generation has created demand for intelligent virtual assistant software. To improve customer relationships, websites are taking help of interactive online channels such as web chats and intelligent virtual assistants. However, the global intelligent virtual assistant market will be restrained by the cost and complexity of the software and lack of skilled resources. The report states that the overall market has a huge opportunity to grow with the expanding application of intelligent virtual assistant software across sectors such as e-commerce, banking, and healthcare.
On the basis of technology, the report segments the global intelligent virtual assistant market into speech recognition and text-to-speech. Currently, speech recognition is the most popular technology, as it offers the benefit of intuitive and interactive communication. Innovation in the field of speech recognition technology in smartphones has further boosted the demand for the technology.
In terms of end use, the report categorizes the global intelligent virtual assistant market into individual users, small and medium enterprises, and large enterprises. Large enterprises are increasingly adopting intelligent virtual assistants as the preferred solution for their business requirements. As the cost of intelligent virtual assistant software is decreasing, small and medium enterprises are expected to embrace the technology to stay ahead in the market.
Get Sample Report Copy:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2544
The report studies the global intelligent virtual assistant market’s performance in five key regions: North America, Europe, Latin America, the Middle East and Africa, and Asia Pacific. In 2014, North America emerged as the largest market for intelligent virtual assistants and accounted for a 39% market share. However, during the forecast horizon, Asia Pacific is anticipated to be the fastest growing region in the market, expanding at a CAGR of 33.4%. The rapid growth of the market in Asia Pacific can be attributed to the increased focus on technological investments and high adoption of mobile devices in the region.
The report profiles some of the key players in the global intelligent virtual assistant market such as Creative Virtual Ltd., Next IT Corporation, IntelliResponse Systems Inc., CodeBaby Corp., Speaktoit Inc., Nuance Communications Inc., Artificial Solutions Ltd., Anboto Group, and eGain Communications Corp. The report further provides insightful information about each of the key market participants.
Global Intelligent Virtual Assistant Market has been segmented as:
Global Intelligent Virtual Assistant Market, by Technology
- Text-to-speech
- Speech Recognition
Global Intelligent Virtual Assistant Market, by End-Users
- Individual Users
- Small and Medium Enterprise
- Large Enterprise
Global Intelligent Virtual Assistant Market, by Geography:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Other Reports Published By Transparency Market Research:
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Mr.Sudip.S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com
