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Virtual Assistant Market to grow by USD 4.12 billion|Key Drivers and Market Forecasts|17000+ Technavio Research Reports


NEW YORK, June 8, 2021 /PRNewswire/ — The virtual assistant market is poised to grow by USD 4.12 billion during 2021-2025, progressing at a CAGR of almost 12% during the forecast period.

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The report on the virtual assistant market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the demand for enhanced customer service.

The virtual assistant market analysis includes end-user, type, and geography landscape. This study identifies the benefits offered to content consumers, owners, and publishers as one of the prime reasons driving the virtual assistant market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The virtual assistant market covers the following areas:

Virtual Assistant Market Sizing

Virtual Assistant Market Forecast

Virtual Assistant Market Analysis

Companies Mentioned

  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • CX Co.
  • eGain Corp.
  • International Business Machines Corp.
  • Nuance Communications Inc.
  • Oracle Corp.
  • Synthetix Ltd.
  • VA Company LLC

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Global Artificial Intelligence (AI) Market Manufacturing Industry– The artificial intelligence (AI) market in the manufacturing industry is segmented by application (predictive maintenance and machine inspection, production planning, quality control, and others) and geography (APAC, North America, Europe, South America, and MEA).

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020- 2025

Five Forces Analysis

  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Automotive – Market size and forecast 2020-2025
  • BFSI – Market size and forecast 2020-2025
  • Government – Market size and forecast 2020-2025
  • Retail – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by End-user

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Spoken commands – Market size and forecast 2020-2025
  • Text-to-speech – Market size and forecast 2020-2025
  • Market opportunity by Type

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • CX Co.
  • eGain Corp.
  • International Business Machines Corp.
  • Nuance Communications Inc.
  • Oracle Corp.
  • Synthetix Ltd.
  • VA Company LLC

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Report Page: https://www.technavio.com/report/virtual-assistant-market-industry-analysis

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