Report Summary
Summary
A smart advisor, also called a smart advisor program, is an application program that is used to understand the natural language and complete all the electronic tasks for an end user. Such a task, which can be performed by a smart advisor and were performed by personal assistants in past, includes taking dictations, reading texts or emailing messages aloud, look up for phone numbers, anticipate requests, place calls and remind the end users about the appointments. Today's smart advisors are programmed with the artificial intelligence, voice recognition and machine learning technology. As the end users interact with their smart advisors, the Artificial Intelligence program uses the sophisticated algorithm for learning from data inputs and becomes better in the prediction of an end user's need. Tomorrow's smart advisors would be built on a modern cognitive computing technology which allows a smart advisor understanding and carrying out multi-step request and then performs more complex task like making a plane reservation. Smart advisors are a contrast to other type of consumer facing Artificial Intelligence programming called digital assistants. Smart advisors are subject oriented, on the other hand digital assistants are task oriented. For Example a Smart Advisor enables an organization to automatically identify physician with the highest or lowest cost and performance. By use of an intelligent IT (Information Technology) platform, a Smart Advisor filters the entire population of physicians in the database to extract out only those physicians which are warranting assessment based on statistical significance level, case load volume, and other key criterias.
North America is the largest market for smart advisors and is anticipated to be the largest market in the coming years owing to the increasing use of technology. Asia Pacific is the fastest growing market for the automated optical inspection systems in the region owing to the rise in application of the technology in different industries in the region.
In 2020, the global Smart Advisors market size was 950 million US$ and it is expected to reach 11100 million US$ by the end of 2027, with a CAGR of 35.9% between 2021 and 2027.
This report studies the Smart Advisors 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
Artificial Solutions
Nuance Communications
BM Watson
Next IT
Creative Virtual
eGain
CX Company
Codebaby
Speaktoit
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Software
Services
Market segment by Application, the market can be split into
Financial Services
Healthcare
Consumer Electronics
Retails
Travel & Hospitality
Government
Education
Others
The study objectives of this report are:
To study and forecast the market size of Smart Advisors 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 Smart Advisors 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 Smart Advisors market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
Smart Advisors Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Smart Advisors
1.1 Smart Advisors Market Overview
1.1.1 Smart Advisors Product Scope
1.1.2 Market Status and Outlook
1.2 Global Smart Advisors 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 Smart Advisors Market by Type
1.3.1 Software
1.3.2 Services
1.4 Smart Advisors Market by End Users/Application
1.4.1 Financial Services
1.4.2 Healthcare
1.4.3 Consumer Electronics
1.4.4 Retails
1.4.5 Travel & Hospitality
1.4.6 Government
1.4.7 Education
1.4.8 Others
2 Global Smart Advisors Competition Analysis by Players
2.1 Smart Advisors 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 Artificial Solutions
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Smart Advisors Revenue (Value) (2017-2020)
3.1.5 Recent Developments
3.2 Nuance Communications
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Smart Advisors Revenue (Value) (2017-2020)
3.2.5 Recent Developments
3.3 BM Watson
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Smart Advisors Revenue (Value) (2017-2020)
3.3.5 Recent Developments
3.4 Next IT
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Smart Advisors Revenue (Value) (2017-2020)
3.4.5 Recent Developments
3.5 Creative Virtual
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Smart Advisors Revenue (Value) (2017-2020)
3.5.5 Recent Developments
3.6 eGain
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Smart Advisors Revenue (Value) (2017-2020)
3.6.5 Recent Developments
3.7 CX Company
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Smart Advisors Revenue (Value) (2017-2020)
3.7.5 Recent Developments
3.8 Codebaby
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Smart Advisors Revenue (Value) (2017-2020)
3.8.5 Recent Developments
3.9 Speaktoit
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Smart Advisors Revenue (Value) (2017-2020)
3.9.5 Recent Developments
4 Global Smart Advisors Market Size by Type and Application (2017-2020)
4.1 Global Smart Advisors Market Size by Type (2017-2020)
4.2 Global Smart Advisors Market Size by Application (2017-2020)
4.3 Potential Application of Smart Advisors in Future
4.4 Top Consumer/End Users of Smart Advisors
5 North America Smart Advisors Development Status and Outlook
5.1 North America Smart Advisors Market Size (2017-2020)
5.2 North America Smart Advisors Market Size and Market Share by Players (2018 and 2019)
6 Europe Smart Advisors Development Status and Outlook
6.1 Europe Smart Advisors Market Size (2017-2020)
6.2 Europe Smart Advisors Market Size and Market Share by Players (2018 and 2019)
7 China Smart Advisors Development Status and Outlook
7.1 China Smart Advisors Market Size (2017-2020)
7.2 China Smart Advisors Market Size and Market Share by Players (2018 and 2019)
8 Rest of Asia Pacific Smart Advisors Development Status and Outlook
8.1 Rest of Asia Pacific Smart Advisors Market Size (2017-2020)
8.2 Rest of Asia Pacific Smart Advisors Market Size and Market Share by Players (2018 and 2019)
9 Central & South America Smart Advisors Development Status and Outlook
9.1 Central & South America Smart Advisors Market Size (2017-2020)
9.2 Central & South America Smart Advisors Market Size and Market Share by Players (2018 and 2019)
10 Middle East & Africa Smart Advisors Development Status and Outlook
10.1 Middle East & Africa Smart Advisors Market Size (2017-2020)
10.2 Middle East & Africa Smart Advisors Market Size and Market Share by Players (2018 and 2019)
11 Market Forecast by Regions, Type and Application (2021-2027)
11.1 Global Smart Advisors Market Size (Value) by Regions (2021-2027)
11.1.1 North America Smart Advisors Revenue and Growth Rate (2021-2027)
11.1.2 Europe Smart Advisors Revenue and Growth Rate (2021-2027)
11.1.3 China Smart Advisors Revenue and Growth Rate (2021-2027)
11.1.4 Rest of Asia Pacific Smart Advisors Revenue and Growth Rate (2021-2027)
11.1.5 Central & South America Smart Advisors Revenue and Growth Rate (2021-2027)
11.1.6 Middle East & Africa Smart Advisors Revenue and Growth Rate (2021-2027)
11.2 Global Smart Advisors Market Size (Value) by Type (2021-2027)
11.3 Global Smart Advisors Market Size by Application (2021-2027)
12 Smart Advisors Market Dynamics
12.1 Smart Advisors Market Opportunities
12.2 Smart Advisors Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Smart Advisors Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Smart Advisors 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
