Global Intelligent Virtual Assistant Market Size and Market Share

Posted by Shivani Singh on May 16th, 2018

Global Intelligent Virtual Assistant Market Overview: 

The Global Intelligent Virtual Assistant Market size is forecasted to reach .1 billion by 2023, growing at an industry growth of 35.7% CAGR in the course of the projection time period. IVA is software driven assistant which takes advantage of artificial intelligence to method the human communication to execute many tasks. IVA assists with monitoring connected cars, and the homes and of the contributing types of IVA are Google Assistant, Apple Siri, Microsoft’s Cortana, and Amazon Echo. Growing trend of outsourcing, ever-growing mobile workforce, enhanced emphasis buyer engagement are the features that are driving the market for intelligent virtual assistants. Developing popularity of cloud applications, big data analytics and social media changed the way organizations interact with purchasers. To include in the revenue and improve customer happiness, companies are revisiting end user experience strategies. Digital Employee by Artificial Solutions is particular strategies which happen to be worked on for supporting the staff in accomplishing their marketing targets. Other than improving the improvement of buyer experience, IVAs are meant to reduce support service operating costs. 

The Europe market contains the largest industry share in Global Tablets & Capsules Market by Region in 2016 and perhaps might continue to be a dominant industry right until 2023; growing at a CAGR of 8.8 % during the anticipate period. The North America market is anticipated to witness a CAGR of 11% during 2017 – 2023 in Global Liquids Market. In addition, The Asia Pacific market is anticipated to witness a CAGR of 11.3% during 2017 – 2023 in Global Soft Gels Market.

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Shivani Singh

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Shivani Singh
Joined: September 20th, 2017
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