Report Summary
An intelligent virtual assistant is an engineered entity residing in software that interfaces with humans in a human way. This technology incorporates elements of interactive voice response and other modern artificial intelligence projects to deliver full-fledged “virtual identities” that converse with users.
The conversational AI-based IVAs accounted for the highest share in 2017. This is mainly because AI-based IVAs have the ability to learn by itself with the help of deep learning, NLP, and neural networks. Rule-based IVAs can answer basic and limited types of queries.
The IVA market in North America has accounted for the highest share in this market due to the high technological adoption of IVAs in industries such as consumer electronics, BFSI, healthcare, education, retail, government, utilities, travel and hospitality, and others. APAC is expected to grow at the highest rate than other regions from 2020 to 2023 due to the presence of emerging economies such as China and India. These economies are adopting chatbots for providing uninterrupted customer support services to serve its large population.
In 2020, the global Intelligent Virtual Assistant market size was xx million US$ and it is expected to reach xx million US$ by the end of 2027, with a CAGR of xx% between 2021 and 2027.
This report studies the Intelligent Virtual Assistant market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
- Microsoft
- Nuance
- Samsung Electronics
- Alphabet
- Apple
- Amazon
- IBM
- Baidu
- Blackberry
- Inbenta Technologies
- Facebook
- Cognitive Code
- Artificial Solutions
- Unified Computer Intelligence
- Mycroft Ai
Market segment by Regions/Countries, this report covers
- North America
- Europe
- China
- Rest of Asia Pacific
- Central & South America
- Middle East & Africa
By Type
- Rule based
- Conversational AI based
By Application
- Consumer Electronics
- BFSI
- Healthcare
- Education
- Retail
- Government
- Utilities
- Travel and Hospitality
- Others
The study objectives of this report are:
- To study and forecast the market size of Intelligent Virtual Assistant in global market.
- To analyze the global key players, SWOT analysis, value and global market share for top players.
- To define, describe and forecast the market by type, end use and region.
- To analyze and compare the market status and forecast among global major regions.
- To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Intelligent Virtual Assistant are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
For the data information by region, company, type, and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
- Key Stakeholders
- Raw material suppliers
- Distributors/traders/wholesalers/suppliers
- Regulatory bodies, including government agencies and NGO
- Commercial research & development (R&D) institutions
- Importers and exporters
- Government organizations, research organizations, and consulting firms
- Trade associations and industry bodies
- End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of the Intelligent Virtual Assistant market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
Intelligent Virtual Assistant Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Intelligent Virtual Assistant
1.1 Intelligent Virtual Assistant Market Overview
1.1.1 Intelligent Virtual Assistant Product Scope
1.1.2 Market Status and Outlook
1.2 Global Intelligent Virtual Assistant Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Intelligent Virtual Assistant Market by Type
1.3.1 Rule based
1.3.2 Conversational AI based
1.4 Intelligent Virtual Assistant Market by End Users/Application
1.4.1 Consumer Electronics
1.4.2 BFSI
1.4.3 Healthcare
1.4.4 Education
1.4.5 Retail
1.4.6 Government
1.4.7 Utilities
1.4.8 Travel and Hospitality
1.4.9 Others
2 Global Intelligent Virtual Assistant Competition Analysis by Players
2.1 Intelligent Virtual Assistant Market Size (Value) by Players (2018 and 2019)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Microsoft
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.1.5 Recent Developments
3.2 Nuance
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.2.5 Recent Developments
3.3 Samsung Electronics
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.3.5 Recent Developments
3.4 Alphabet
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.4.5 Recent Developments
3.5 Apple
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.5.5 Recent Developments
3.6 Amazon
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.6.5 Recent Developments
3.7 IBM
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.7.5 Recent Developments
3.8 Baidu
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.8.5 Recent Developments
3.9 Blackberry
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.9.5 Recent Developments
3.10 Inbenta Technologies
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Intelligent Virtual Assistant Revenue (Value) (2017-2020)
3.10.5 Recent Developments
3.11 Facebook
3.12 Cognitive Code
3.13 Artificial Solutions
3.14 Unified Computer Intelligence
3.15 Mycroft Ai
4 Global Intelligent Virtual Assistant Market Size by Type and Application (2017-2020)
4.1 Global Intelligent Virtual Assistant Market Size by Type (2017-2020)
4.2 Global Intelligent Virtual Assistant Market Size by Application (2017-2020)
4.3 Potential Application of Intelligent Virtual Assistant in Future
4.4 Top Consumer/End Users of Intelligent Virtual Assistant
5 North America Intelligent Virtual Assistant Development Status and Outlook
5.1 North America Intelligent Virtual Assistant Market Size (2017-2020)
5.2 North America Intelligent Virtual Assistant Market Size and Market Share by Players (2018 and 2019)
6 Europe Intelligent Virtual Assistant Development Status and Outlook
6.1 Europe Intelligent Virtual Assistant Market Size (2017-2020)
6.2 Europe Intelligent Virtual Assistant Market Size and Market Share by Players (2018 and 2019)
7 China Intelligent Virtual Assistant Development Status and Outlook
7.1 China Intelligent Virtual Assistant Market Size (2017-2020)
7.2 China Intelligent Virtual Assistant Market Size and Market Share by Players (2018 and 2019)
8 Rest of Asia Pacific Intelligent Virtual Assistant Development Status and Outlook
8.1 Rest of Asia Pacific Intelligent Virtual Assistant Market Size (2017-2020)
8.2 Rest of Asia Pacific Intelligent Virtual Assistant Market Size and Market Share by Players (2018 and 2019)
9 Central & South America Intelligent Virtual Assistant Development Status and Outlook
9.1 Central & South America Intelligent Virtual Assistant Market Size (2017-2020)
9.2 Central & South America Intelligent Virtual Assistant Market Size and Market Share by Players (2018 and 2019)
10 Middle East & Africa Intelligent Virtual Assistant Development Status and Outlook
10.1 Middle East & Africa Intelligent Virtual Assistant Market Size (2017-2020)
10.2 Middle East & Africa Intelligent Virtual Assistant Market Size and Market Share by Players (2018 and 2019)
11 Market Forecast by Regions, Type and Application (2021-2027)
11.1 Global Intelligent Virtual Assistant Market Size (Value) by Regions (2021-2027)
11.1.1 North America Intelligent Virtual Assistant Revenue and Growth Rate (2021-2027)
11.1.2 Europe Intelligent Virtual Assistant Revenue and Growth Rate (2021-2027)
11.1.3 China Intelligent Virtual Assistant Revenue and Growth Rate (2021-2027)
11.1.4 Rest of Asia Pacific Intelligent Virtual Assistant Revenue and Growth Rate (2021-2027)
11.1.5 Central & South America Intelligent Virtual Assistant Revenue and Growth Rate (2021-2027)
11.1.6 Middle East & Africa Intelligent Virtual Assistant Revenue and Growth Rate (2021-2027)
11.2 Global Intelligent Virtual Assistant Market Size (Value) by Type (2021-2027)
11.3 Global Intelligent Virtual Assistant Market Size by Application (2021-2027)
12 Intelligent Virtual Assistant Market Dynamics
12.1 Intelligent Virtual Assistant Market Opportunities
12.2 Intelligent Virtual Assistant Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Intelligent Virtual Assistant Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Intelligent Virtual Assistant Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
