​Global Virtual Assistant Market Analysis To Grow At CAGR Of 11.60% Over period 2017-2021

"The Latest Research Report Global Virtual Assistant Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Virtual Assistant Market

Virtual assistants exist in cyberspace and are digital entities that help users accomplish tasks. Virtual assistants are present on websites and mobile computing devices. An intelligent virtual assistant refers to an entity that is intelligent and independent with an accurate knowledge. The virtual assistant uses the features of artificial intelligence technology to help people carry out any particular type of work easily. They answer the queries of the users and provide the required information. Customers visit the websites of companies and enterprises at any time of the day, and virtual assistants act as their dynamic and intelligent personal assistants. They guide the customers with the right solutions such as taking the users to a web page and providing information on products and services as requested by the users. A virtual assistant also offers text chat while reducing time lost in searching right information on the Internet.

Technavios analysts forecast the global virtual assistant market to grow at a CAGR of 11.60% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global virtual assistant market for 2017-2021. To calculate the market size, the report considers the revenue generated from the text-to-speech and spoken commands market to calculate the market for global virtual assistants.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Virtual Assistant Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Apple

eGain

Google

Microsoft

Nuance Communications

Other prominent vendors

[24]7

Anboto

Amazon

Creative Virtual

CX Company

Ecreation

H-care

Inbenta

IBM

Next IT

Oracle

Synthetix

True Image Interactive

Viclone

Market driver

Demand for enhanced customer service

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Market challenge

Technical concerns

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Market trend

Emergence of new virtual assistants in the market

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Market outline

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by type

Global virtual assistant market by type

Global virtual assistant market by text-to-speech

Global virtual assistant market by spoken commands

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PART 07: Market segmentation by end-user

Global virtual assistant market by end-user

Global virtual assistant market by BFSI

Global virtual assistant market by automotive

Global virtual assistant market by government

Global virtual assistant market by travel

Global virtual assistant market by retail

Global virtual assistant market by others

PART 08: Geographical segmentation

Global virtual assistant market by geography

Virtual assistant market in Americas

Virtual assistant market in APAC

Virtual assistant market in EMEA

PART 09: Key leading countries

Virtual assistant market in US

Virtual assistant market in China

Virtual assistant market in UK

PART 10: Decision framework

PART 11: Drivers and challenges

Market drivers

Market challenges

PART 12: Market trends

Emergence of new virtual assistants in the market

Popularity of chatbots

Virtual assistants make use of phone easier

Popularity of NLP