Global Intelligent Virtual Assistant Market by Technology (Automatic Speech Recognition, Text-to-Speech and Text based) and by End-Users/Application (Retail, BFSI, Automotive, Travel and Tourism, Government Sector and Others) Global Market Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2014 - 2026

Report Code	Category	Published Date	Pages	Format
PM-1184	Computing and Technology	30 March 2020	213	PDF

Press Release

Global Intelligent Virtual Assistant Market Will Register A CAGR of Around 38.2% by 2026

The report on the global intelligent virtual assistant market analyzes complete scenario i.e., existing as well as future visions of global intelligent virtual assistant market. It includes detailed overview of global intelligent virtual assistant market along with market pictures. Additionally, report has included complete data of the various segments in the global intelligent virtual assistant market followed by its applications, end users and region wide segmentation. Moreover, report has highlights of global key players present in this market. Top global players are analyzed completely along with their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

Global intelligent virtual assistant market report offers in-depth insights, revenue details, and other vital information regarding the global intelligent virtual assistant market, and the various trends, drivers, restraints, opportunities, and threats in the target market till year 2026. Hence, it covers the impact of these drivers and restraints on demand for this market during the forecast period. The report also includes PEST analysis, Porter’s Five Forces analysis, and opportunity map analysis for in-depth understanding of the market.

It provides historical data along with future forecast as well as detailed analysis of market on a global, regional and country level. Important market data of this market is projected in the form of form of tables, graphics, and pictures. On a regional basis, the market is categorized into five regions that include North America, Europe, Asia Pacific, Latin America, and Middle & East Africa. It analyzes complete scenario of each and every region along with highest share holder of global intelligent virtual assistant market.

Market Segmentation:

Segmentation by Type	Automatic Speech Recognition Text-to-Speech Text based
Segmentation by Application	Retail BFSI Automotive Travel and Tourism Government Sector Others
Market, By Regions	North America (the United States, Canada, and Mexico) Europe (Germany, UK, France, Italy, and Russia, etc.) Asia-Pacific (China, Japan, ASEAN, India, and Korea) The Middle East and Africa (UAE, Egypt, South Africa, Saudi Arabia) South America (Brazil, Chile, Peru, and Argentina)

In addition, global intelligent virtual assistant market report sorted and categorized the information and data according to the major geographical regions which are expected to impact on the industry in forecast period.

Report also provides factors that are contributing to and influencing the expansion of the global intelligent virtual assistant market. It projects the market assessment for the predicted time. Along with all this report includes the manufacturing process along with shipment, price, revenue, gross profit, potential, interview records, business distribution, etc. This enables users to get complete scenario of competitive analysis of the market.

Pivotal Fundamentals of the Global Intelligent Virtual Assistant Market Report:

Holistic in-depth detailed analysis, regarding the parent market.
Detailed information about the current R&D activities performed by each global intelligent virtual assistant market player.
Region-wise and country-wise breakdown of the global intelligent virtual assistant market to get the revenue, and growth lookout in these areas.
Key factors which are influencing the consumption pattern of consumers across various regions and countries.
Historical and future progress of the global intelligent virtual assistant market.
Year-on-year growth of the global intelligent virtual assistant market in terms of value and volume.

Conclusion:
At last report covers a short outline of the dealers, distributors, and suppliers. Additionally, it provides sales channel, analysis findings and results. It spots some new entrants within the market. The study thus, suggests a brand-new proposition to embellish global intelligent virtual assistant market and nurture business as it explains current global market as well as future market.

Chapter 1 Global Intelligent Virtual Assistant Market Overview
1.1 Product Overview and Scope of Global Intelligent Virtual Assistant Market

Chapter 2 Executive Summary
2.1 Drivers for Intelligent Virtual Assistant Market:
2.2 Restrain for Intelligent Virtual Assistant Market:
2.3 Opportunity for Intelligent Virtual Assistant Market:
2.4 Global Intelligent Virtual Assistant Market, 2014 - 2026
2.5 Global Intelligent Virtual Assistant Market, by Region, 2014 - 2026
2.6 Global Intelligent Virtual Assistant Market, by Type, 2014 - 2026
2.7 Global Intelligent Virtual Assistant Market, by Application, 2014 - 2026

Chapter 3 Global Intelligent Virtual Assistant Segment by Types (Product Category)
3.1 Global Intelligent Virtual Assistant Revenue (USD Million) and Growth Rate (%) Comparison by Types (2014 - 2019)
3.2 Global Intelligent Virtual Assistant Revenue Market Share (%) by Types in 2018
3.3 Automatic Speech Recognition
3.4 Text-to-Speech
3.5 Text based

Chapter 4 Global Intelligent Virtual Assistant Segment by Application
4.1 Global Intelligent Virtual Assistant Revenue (USD Million) Comparison by Application (2014 - 2026)
4.2 Retail
4.3 BFSI
4.4 Automotive
4.5 Travel and Tourism
4.6 Government Sector
4.7 Others

Chapter 5 Global Intelligent Virtual Assistant Market by Regions (2014 - 2026)
5.1 Global Intelligent Virtual Assistant Market Size and Growth Rate (%) Comparison by Regions (2014 - 2026)
5.2 North America Intelligent Virtual Assistant Status and Prospect (2014 - 2026)
5.3 Europe Intelligent Virtual Assistant Status and Prospect (2014 - 2026) 2
5.4 Asia Pacific Intelligent Virtual Assistant Status and Prospect (2014 - 2026) 3
5.5 South America Intelligent Virtual Assistant Status and Prospect (2014 - 2026)
5.6 Middle East & Africa Intelligent Virtual Assistant Status and Prospect (2014 - 2026)
5.7 Global Intelligent Virtual Assistant Market Size (2014 - 2026)
5.7.1 Global Intelligent Virtual Assistant Revenue Status and Outlook (2014 - 2026)

Chapter 6 Global Intelligent Virtual Assistant Market Competition by Manufacturers
6.1 Global Intelligent Virtual Assistant Revenue and Share by Manufacturers (2014-2018)

Chapter 7 Company (Top Players) Profiles and Key Data
7.1 Microsoft
7.1.1 Microsoft Basic Information and Sales Area
7.1.2 Business Segment/ Overview
7.1.3 Investment in Research and Development
7.1.4 Intelligent Virtual Assistant Product Types Specification
7.1.5 Key Developments
7.1.6 Business Strategy
7.2 Samsung Electronics
7.2.1 Samsung Electronics Basic Information and Sales Area
7.2.2 Business Segment/ Overview
7.2.3 Investment in Research and Development
7.2.4 Intelligent Virtual Assistant Product Types Specification
7.2.5 Business Strategy
7.3 Apple
7.3.1 Apple Basic Information, and Sales Area
7.3.2 Business Segment/ Overview
7.3.3 Intelligent Virtual Assistant Product Types Specification
7.3.4 Key Developments
7.3.5 Business Strategy
7.4 Nuance Communications
7.4.1 Nuance Communications Basic Information and Sales Area.
7.4.2 Business Segment/ Overview
7.4.3 Intelligent Virtual Assistant Product Types Specification
7.4.4 Business Strategy
7.5 Alphabet
7.5.1 Alphabet Basic Information and Sales Area.
7.5.2 Business Segment/ Overview
7.5.3 Intelligent Virtual Assistant Product Types Specification
7.5.4 Business Strategy
7.6 Invent Technologies
7.6.1 Invent Technologies Basic Information, and Sales Area
7.6.2 Business Segment/ Overview
7.6.3 Intelligent Virtual Assistant Product Types Specification
7.6.4 Business Strategy
7.7 Amazon
7.7.1 Amazon Basic Information, and Sales Area
7.7.2 Business Segment/ Overview
7.7.3 Investment in Research and Development
7.7.4 Intelligent Virtual Assistant Product Types Specification
7.7.5 Key Developments
7.7.6 Business Strategy
7.8 Facebook
7.8.1 Facebook Basic Information and Sales Area.
7.8.2 Business Segment/ Overview
7.8.3 Intelligent Virtual Assistant Product Types Specification
7.8.4 Business Strategy
7.9 Blackberry
7.9.1 Blackberry Basic Information, and Sales Area
7.9.2 Business Segment/ Overview
7.9.3 Intelligent Virtual Assistant Product Types Specification
7.9.4 Business Strategy
7.10 Baidu
7.10.1 Baidu Basic Information, and Sales Area
7.10.2 Business Segment/ Overview
7.10.3 Intelligent Virtual Assistant Product Types Specification
7.10.4 Business Strategy

Chapter 8 Global Intelligent Virtual Assistant Revenue by Regions (2014 - 2019)
8.1 Global Intelligent Virtual Assistant Revenue and Market Share (%) by Regions (2014 - 2019)

Chapter 9 Global Intelligent Virtual Assistant Revenue by Types
9.1 Global Intelligent Virtual Assistant Revenue and Market Share (%) by Types (2014 - 2019)

Chapter 10 Global Intelligent Virtual Assistant Market Analysis by Application
10.1 Global Intelligent Virtual Assistant Revenue (USD Million) and Market Share (%) by Application (2014 - 2019)
10.2 Global Intelligent Virtual Assistant Revenue Growth Rate by Application (2014 - 2019)

Chapter 11 North America Intelligent Virtual Assistant Market Development Status and Outlook
11.1 North America Intelligent Virtual Assistant Market Size (2014 - 2019)
11.1.1 North America Intelligent Virtual Assistant Market Size by Type (USD Million) (2014 - 2019)
11.2 North America Intelligent Virtual Assistant Market Size (2014 - 2019)
11.2.1 North America Intelligent Virtual Assistant Market Size by Application (USD Million) (2014 - 2019)
11.3 U.S
11.3.1 U.S. Intelligent Virtual Assistant Market, by Type, 2014 - 2026
11.3.2 U.S. Intelligent Virtual Assistant Market, by Application, 2014 - 2026
11.4 Canada
11.4.1 Canada Intelligent Virtual Assistant Market, by Type, 2014 - 2026
11.4.2 Canada Intelligent Virtual Assistant Market, by Application, 2014 - 2026
11.5 Mexico
11.5.1 Mexico Intelligent Virtual Assistant Market, by Type, 2014 - 2026
11.5.2 Mexico Intelligent Virtual Assistant Market, by Application, 2014 - 2026

Chapter 12 Europe Intelligent Virtual Assistant Market Development Status and Outlook
12.1 Europe Intelligent Virtual Assistant Market Size (2014 - 2019)
12.1.1 Europe Intelligent Virtual Assistant Market Size by Type (USD Million) (2014 - 2019)
12.2 Europe Intelligent Virtual Assistant Market Size (2014 - 2019)
12.2.1 Europe Intelligent Virtual Assistant Market Size by Application (USD Million) (2014 - 2019)
12.3 U.K.
12.3.1 U.K. Intelligent Virtual Assistant Market, by Type, 2014 - 2026
12.3.2 U.K. Intelligent Virtual Assistant Market, by Application, 2014 - 2026
12.4 Germany
12.4.1 Germany Intelligent Virtual Assistant Market, by Type, 2014 - 2026
12.4.2 Germany Intelligent Virtual Assistant Market, by Application, 2014 - 2026
12.5 France
12.5.1 France Intelligent Virtual Assistant Market, by Type, 2014 - 2026
12.5.2 France Intelligent Virtual Assistant Market, by Application, 2014 - 2026
12.6 Italy
12.6.1 Italy Intelligent Virtual Assistant Market, by Type, 2014 - 2026
12.6.2 Italy Intelligent Virtual Assistant Market, by Application, 2014 - 2026
12.7 Spain
12.7.1 Spain Intelligent Virtual Assistant Market, by Type, 2014 - 2026
12.7.2 Spain Intelligent Virtual Assistant Market, by Application, 2014 - 2026
12.8 Rest of Europe
12.8.1 Rest of Europe Intelligent Virtual Assistant Market, by Type, 2014 - 2026
12.8.2 Rest of Europe Intelligent Virtual Assistant Market, by Application, 2014 - 2026

Chapter 13 Asia Pacific Intelligent Virtual Assistant Market Development Status and Outlook
13.1 Asia Pacific Intelligent Virtual Assistant Market Size (2014 - 2019)
13.1.1 Asia Pacific Intelligent Virtual Assistant Market Size by Type (USD Million) (2014 - 2019)
13.2 Asia Pacific Intelligent Virtual Assistant Market Size (2014 - 2019)
13.2.1 Asia Pacific Intelligent Virtual Assistant Market Size by Application (USD Million) (2014 - 2019)
13.3 China
13.3.1 China Intelligent Virtual Assistant Market, by Type, 2014 - 2026
13.3.2 China Intelligent Virtual Assistant Market, by Application, 2014 - 2026
13.4 Japan
13.4.1 Japan Intelligent Virtual Assistant Market, by Type, 2014 - 2026
13.4.2 Japan Intelligent Virtual Assistant Market, by Application, 2014 - 2026
13.5 India
13.5.1 India Intelligent Virtual Assistant Market, by Type, 2014 - 2026
13.5.2 India Intelligent Virtual Assistant Market, by Application, 2014 - 2026
13.6 Southeast Asia
13.6.1 Southeast Asia Intelligent Virtual Assistant Market, by Type, 2014 - 2026
13.6.2 Southeast Asia Intelligent Virtual Assistant Market, by Application, 2014 - 2026

Chapter 14 South America Intelligent Virtual Assistant Market Development Status and Outlook
14.1 South America Intelligent Virtual Assistant Market Size (2014 - 2019)
14.1.1 South America Intelligent Virtual Assistant Market Size by Type (USD Million) (2014 - 2019)
14.2 South America Intelligent Virtual Assistant Market Size (2014 - 2019)
14.2.1 South America Intelligent Virtual Assistant Market Size by Application (USD Million) (2014 - 2019)
14.3 Brazil
14.3.1 Brazil Intelligent Virtual Assistant Market, by Type, 2014 - 2026
14.3.2 Brazil Intelligent Virtual Assistant Market, by Application, 2014 - 2026
14.4 Argentina
14.4.1 Argentina Intelligent Virtual Assistant Market, by Type, 2014 - 2026
14.4.2 Argentina Intelligent Virtual Assistant Market, by Application, 2014 - 2026
14.5 Colombia
14.5.1 Colombia Intelligent Virtual Assistant Market, by Type, 2014 - 2026
14.5.2 Colombia Intelligent Virtual Assistant Market, by Application, 2014 - 2026
14.6 Rest of South America
14.6.1 Colombia Intelligent Virtual Assistant Market, by Type, 2014 - 2026
14.6.2 Colombia Intelligent Virtual Assistant Market, by Application, 2014 - 2026

Chapter 15 Middle East & Africa Intelligent Virtual Assistant Market Development Status and Outlook
15.1 Middle East & Africa Intelligent Virtual Assistant Market Size (2014 - 2019)
15.1.1 Middle East & Africa Intelligent Virtual Assistant Market Size by Type (USD Million) (2014 - 2019)
15.2 Middle East & Africa Intelligent Virtual Assistant Market Size (2014 - 2019)
15.2.1 Middle East & Africa Intelligent Virtual Assistant Market Size by Application (2014 - 2019)
15.3 UAE
15.3.1 UAE Intelligent Virtual Assistant Market, by Type, 2014 - 2026
15.3.2 UAE Intelligent Virtual Assistant Market, by Application, 2014 - 2026
15.4 South Africa
15.4.1 South Africa Intelligent Virtual Assistant Market, by Type, 2014 - 2026
15.4.2 South Africa Intelligent Virtual Assistant Market, by Application, 2014 - 2026
15.5 Egypt
15.5.1 Egypt Intelligent Virtual Assistant Market, by Type, 2014 - 2026
15.5.2 Egypt Intelligent Virtual Assistant Market, by Application, 2014 - 2026
15.6 Rest of MEA
15.6.1 Rest of MEA Intelligent Virtual Assistant Market, by Type, 2014 - 2026
15.6.2 Rest of MEA Intelligent Virtual Assistant Market, by Application, 2014 - 2026

Chapter 16 Intelligent Virtual Assistant Manufacturing Cost Analysis
16.1 Proportion of Manufacturing Cost Structure
16.1.1 Raw Materials
16.1.2 Labor Cost
16.1.3 USA Labor Cost Analysis
16.1.4 EU Labor Costs Analysis
16.1.5 China Labor Costs Analysis
16.1.6 Manufacturing Expenses

Chapter 17 Marketing Strategy Analysis, Distributors/ Traders
17.1 Marketing Channel
17.1.1 Direct Marketing
17.1.2 Indirect Marketing
17.1.3 Marketing Channel Development Trend
17.2 Market Positioning
17.2.1 Pricing Strategy

Chapter 18 Global Intelligent Virtual Assistant Market Forecast (2019 - 2026)
18.1 Global Intelligent Virtual Assistant Revenue Forecast (2019 - 2026)
18.1.1 Global Intelligent Virtual Assistant Revenue (USD Million) and Growth Rate (%) Forecast (2019 - 2026)
18.2 Global Intelligent Virtual Assistant Revenue (USD Million) Forecast by Regions (2019 - 2026)
18.2.1 North America Intelligent Virtual Assistant Revenue (USD Million) Forecast (2019 - 2026)
18.2.2 Europe Intelligent Virtual Assistant Revenue (USD Million) Forecast (2019 - 2026)
18.2.3 Asia Pacific Intelligent Virtual Assistant and Revenue (USD Million) Forecast (2019 - 2026)
18.2.4 South America Intelligent Virtual Assistant and Revenue (USD Million) Forecast (2019 - 2026)
18.2.5 Middle East & Africa Intelligent Virtual Assistant and Revenue (USD Million) Forecast (2019 - 2026)
18.3 Global Intelligent Virtual Assistant Revenue Forecast by Type (2019 - 2026)
18.4 Global Intelligent Virtual Assistant Revenue (USD Million) Forecast by Application (2019 - 2026)

Chapter 19 North America Intelligent Virtual Assistant Market Development Status and Outlook
19.1 North America Intelligent Virtual Assistant Market Size (2019 - 2026)
19.1.1 North America Intelligent Virtual Assistant Market Size by Type (USD Million) (2019 - 2026)
19.2 North America Intelligent Virtual Assistant Market Size (2019 - 2026)
19.2.1 North America Intelligent Virtual Assistant Market Size by Application (USD Million) (2019 - 2026)
19.3 U.S.
19.3.1 U.S. Intelligent Virtual Assistant Market, by Type, 2019 - 2026
19.3.2 U.S. Intelligent Virtual Assistant Market, by Application, 2019 - 2026
19.4 Canada
19.4.1 Canada Intelligent Virtual Assistant Market, by Type, 2019 - 2026
19.4.2 Canada Intelligent Virtual Assistant Market, by Application, 2019 - 2026
19.5 Mexico
19.5.1 Mexico Intelligent Virtual Assistant Market, by Type, 2019 - 2026
19.5.2 Mexico Intelligent Virtual Assistant Market, by Application, 2019 - 2026

Chapter 20 Europe Intelligent Virtual Assistant Market Development Status and Outlook
20.1 Europe Intelligent Virtual Assistant Market Size (2019 - 2026)
20.1.1 Europe Intelligent Virtual Assistant Market Size by Type (USD Million) (2019 - 2026)
20.2 Europe Intelligent Virtual Assistant Market Size (2019 - 2026)
20.2.1 Europe Intelligent Virtual Assistant Market Size by Application (USD Million) (2019 - 2026)
20.3 U.K.
20.3.1 U.K. Intelligent Virtual Assistant Market, by Type, 2019 - 2026
20.3.2 U.K. Intelligent Virtual Assistant Market, by Application, 2019 - 2026
20.4 Germany
20.4.1 Germany Intelligent Virtual Assistant Market, by Type, 2019 - 2026
20.4.2 Germany Intelligent Virtual Assistant Market, by Application, 2019 - 2026
20.5 France
20.5.1 France Intelligent Virtual Assistant Market, by Type, 2019 - 2026
20.5.2 France Intelligent Virtual Assistant Market, by Application, 2019 - 2026
20.6 Italy
20.6.1 France Intelligent Virtual Assistant Market, by Type, 2019 - 2026
20.6.2 France Intelligent Virtual Assistant Market, by Application, 2019 - 2026
20.7 Spain
20.7.1 France Intelligent Virtual Assistant Market, by Type, 2019 - 2026
20.7.2 France Intelligent Virtual Assistant Market, by Application, 2019 - 2026
20.8 Rest of Europe
20.8.1 France Intelligent Virtual Assistant Market, by Type, 2019 - 2026
20.8.2 France Intelligent Virtual Assistant Market, by Application, 2019 - 2026

Chapter 21 Asia Pacific Intelligent Virtual Assistant Market Development Status and Outlook
21.1 Asia Pacific Intelligent Virtual Assistant Market Size (2019 - 2026)
21.1.1 Asia Pacific Intelligent Virtual Assistant Market Size by Type (USD Million) (2019 - 2026)
21.2 Asia Pacific Intelligent Virtual Assistant Market Size (2019 - 2026)
21.2.1 Asia Pacific Intelligent Virtual Assistant Market Size by Application (USD Million) (2019 - 2026)
21.3 China
21.3.1 China Intelligent Virtual Assistant Market, by Type, 2019 - 2026
21.3.2 China Intelligent Virtual Assistant Market, by Application, 2019 - 2026
21.4 Japan
21.4.1 Japan Intelligent Virtual Assistant Market, by Type, 2019 - 2026
21.4.2 Japan Intelligent Virtual Assistant Market, by Application, 2019 - 2026
21.5 India
21.5.1 India Intelligent Virtual Assistant Market, by Type, 2019 - 2026
21.5.2 India Intelligent Virtual Assistant Market, by Application, 2019 - 2026
21.6 Southeast Asia
21.6.1 Southeast Asia Intelligent Virtual Assistant Market, by Type, 2019 - 2026
21.6.2 Southeast Asia Intelligent Virtual Assistant Market, by Application, 2019 - 2026

Chapter 22 South America Intelligent Virtual Assistant Market Development Status and Outlook
22.1 South America Intelligent Virtual Assistant Market Size (2019 - 2026)
22.1.1 South America Intelligent Virtual Assistant Market Size by Type (USD Million) (2019 - 2026)
22.2 South America Intelligent Virtual Assistant Market Size (2019 - 2026)
22.2.1 South America Intelligent Virtual Assistant Market Size by Application (USD Million) (2019 - 2026)
22.3 Brazil
22.3.1 Brazil Intelligent Virtual Assistant Market, by Type, 2019 - 2026
22.3.2 Brazil Intelligent Virtual Assistant Market, by Application, 2019 - 2026
22.4 Argentina
22.4.1 Argentina Intelligent Virtual Assistant Market, by Type, 2019 - 2026
22.4.2 Argentina Intelligent Virtual Assistant Market, by Application, 2019 - 2026
22.5 Colombia
22.5.1 Colombia Intelligent Virtual Assistant Market, by Type, 2019 - 2026
22.5.2 Colombia Intelligent Virtual Assistant Market, by Application, 2019 - 2026
22.6 Rest of South America
22.6.1 Colombia Intelligent Virtual Assistant Market, by Type, 2019 - 2026
22.6.2 Colombia Intelligent Virtual Assistant Market, by Application, 2019 - 2026

Chapter 23 Middle East & Africa Intelligent Virtual Assistant Market Development Status and Outlook
23.1 Middle East & Africa Intelligent Virtual Assistant Market Size (2019 - 2026)
23.1.1 Middle East & Africa Intelligent Virtual Assistant Market Size by Type (USD Million) (2019 - 2026)
23.2 Middle East & Africa Intelligent Virtual Assistant Market Size (2019 - 2026)
23.2.1 Middle East & Africa Intelligent Virtual Assistant Market Size by Application (USD Million) (2019 - 2026)
23.3 UAE
23.3.1 UAE Intelligent Virtual Assistant Market, by Type, 2019 - 2026
23.3.2 UAE Intelligent Virtual Assistant Market, by Application, 2019 - 2026
23.4 South Africa
23.4.1 South Africa Intelligent Virtual Assistant Market, by Type, 2019 - 2026
23.4.2 South Africa Intelligent Virtual Assistant Market, by Application, 2019 - 2026
23.5 Egypt
23.5.1 Egypt Intelligent Virtual Assistant Market, by Type, 2019 - 2026
23.5.2 Egypt Intelligent Virtual Assistant Market, by Application, 2019 - 2026
24.6 Rest of MEA
24.6.1 Rest of MEA Intelligent Virtual Assistant Market, by Type, 2019 - 2026
24.6.2 Rest of MEA Intelligent Virtual Assistant Market, by Application, 2019 - 2026

Chapter 25 Research Findings and Conclusion

No Methodology

Global Intelligent Virtual Assistant Market Trends:
The global intelligent virtual assistant market is estimated to be worth USD 1.32 billion in 2018 and is projected to reach USD 17.28 billion by 2026, at a CAGR of 38.2% from 2019 to 2026. Intelligent virtual assistant is a next generation software solution that mainly facilitates user interaction with PC, through internet, SMS, messenger and other interfaces. IVA systems use different interaction methods such as text-to-text, speech-to-text, text-to-speech, and speech-to-speech, among others to assist users in executing their respective tasks. Also, the global intelligent virtual assistant market has exhibited notable growth in the recent past. However, it is poised to demonstrate an even more robust growth trend during the forecast period. Currently, enterprises are concentrating on adopting cost-effective methodologies to provide effective and efficient customer services. Intelligent virtual assistant is a cost-effective technology, which generally help multiple customers to gain access to a service, quickly and effectively. Additionally, it leads to an instant response from the system improved data collection, and reduction in the dependency on manual customer support for any queries. Therefore, IVA solutions are being implemented across various organizations which include banks, E-retailers, and healthcare among others. Apart from that, IVA facilitates user interaction with smartphones and other devices such as in-car infotainment system, PCs as well as laptops to access any kind of required information like payment procedures, doctor availability and appointments, navigation, and news and entertainment among others. The major application is use of intelligent virtual assistants in customer service or sales support. Some of the most popular IVAs include Google Assistant, Apple’s Siri, Microsoft’s Cortana and Amazon’s Alexa.

According to current market condition, growing adoption of the technology in smartphones, highly developed features provided by intelligent virtual assistant, growing adoption of smartphones and technological advancements have boosted the growth of the global intelligent virtual assistant market. Growing demand from emerging economies, and increasing adoption by small and medium enterprises are factors expected to provide numerous growth opportunities in the coming years. However, currently various end-users are not well aware about the beneficial features of IVA. Therefore, lack of awareness among users may limit market growth to a certain extent over the forecast period.

Global Intelligent Virtual Assistant Market, By Technology:
On the basis of technology, the global intelligent virtual assistant market has been classified as Automatic Speech Recognition, Text-to-Speech and Text based. The speech recognition segment is likely to hold a significant share of the intelligent virtual assistant market in the future, owing to increasing investments made in artificial intelligence technology.

Global Intelligent Virtual Assistant Market, By Application:
On the basis of application, the global intelligent virtual assistant market has been classified as Retail, BFSI, Automotive, Travel and Tourism, Government Sector and Others. The demand of global intelligent virtual assistant market is highest from BFSI. The adoption of the IVA technology in the BFSI sector is mainly due to benefits offered by the technology such as quickly finding answers to queries and reducing the response time. The technology responds to customer queries while making transfers and paying bills, hence enabling customers to gain service and reduce the call waiting time.

Global Intelligent Virtual Assistant Market, By Region:
Based on geography, the global intelligent virtual assistant market is bifurcated into North America, Europe, Asia-Pacific and LAMEA (Latin America Middle East and Africa). North America are so far the major adopters of intelligent virtual assistant technology, contributing the highest to the overall intelligent virtual assistant market share. The enterprises in the region are increasingly adopting this technology to enhance their customer engagement along with reduced cost of operation.

Major Market Players:
The research study includes profiles of leading companies operating in the global intelligent virtual assistant market. Key players profiled in the report include: Microsoft, Samsung Electronics, Apple, International Business Machines (IBM), Nuance Communications, Alphabet, Invent Technologies, Amazon, Facebook, Blackberry, Baidu, Artificial Solutions, Cognitive Code and Other.

Global Intelligent Virtual Assistant Market Report Scope:

Report Parameters	Details of Parameter
Market Size	2014-2026
Based Year	2018
Forecast Period Covered	2019-2026
Units for value	USD (billion)
Covered Segments	Technology Type, Applications, Geographic Regions
Product Type	Automatic Speech Recognition, Text-to-Speech and Text based
Applications	Retail, BFSI, Automotive, Travel and Tourism, Government Sector and Others
Region Covered	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Covered	Microsoft, Samsung Electronics, Apple, International Business Machines (IBM), Nuance Communications, Alphabet, Invent Technologies, Amazon, Facebook, Blackberry, Baidu, Artificial Solutions, Cognitive Code and Other

The report analyzes all the factors which are impacting on the market and on that basis describes the drivers, restraints, and opportunities for the growth of the global intelligent virtual assistant market. Similarly, report provides the all the segmentations along with the qualitative analysis.

Global Intelligent Virtual Assistant Market: Technology analysis

Automatic Speech Recognition
Text-to-Speech
Text based

Global Intelligent Virtual Assistant Market: Application analysis

Retail
BFSI
Automotive
Travel and Tourism
Government Sector
Others

Market, By regions:
In addition, global intelligent virtual assistant market report sorted and categorized the information and data according to the major geographical regions which are expected to impact on the industry in forecast period. Following are the regions we covered in this report:

North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)

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