DUBLIN--(BUSINESS WIRE)--The "Intelligent Virtual Assistant (IVA) - Global Market Outlook (2016-2022)" report has been added to Research and Markets' offering.
The Global Intelligent Virtual Assistant (IVA) market is expected to reach $4,200.98 million by 2022 with a CAGR of 30.3%.
Increasing innovative technological developments, growing adoption of IVA in mobile applications and websites are the major factors driving the market growth. Furthermore, growing internet penetration in emerging countries, growth of e- commerce business, and raising demand for regional language assistance are some of other factors propelling the market growth.
By end user, Banking, Financial Services, and Insurance (BFSI) segment is expected to be a fastest growing segment during the forecast period. This growth is owed to increasing financial activities through smartphones to access financial services, increasing adoption of IVA by financial institutions to give better customer service. North America commands the intelligent virtual assistant market with a higher CAGR due to availability of developed infrastructure, and higher acceptance of new technologies. Asia Pacific is expected to witness fastest growth, over the forecast period.
Companies Mentioned
- Anboto Group.
- Apple Inc.
- Artificial Solutions Ltd.
- Clara Labs
- CodeBaby Corp.
- Creative Virtual Ltd.
- Customer Inc.
- eGain Communications Corp.
- IBM Corporation
- Intel Corporation
- IntelliResponse Systems Inc.
- Microsoft Corporation
- Next IT Corporation
- Nuance Communications Inc.
- Oracle Corporation
- Speaktoit Inc.
-
Synthetix Ltd.
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Intelligent Virtual Assistant (IVA) Market, By Service
6 Global Intelligent Virtual Assistant (IVA) Market, By Technology
7 Global Intelligent Virtual Assistant (IVA) Market, By Application
8 Global Intelligent Virtual Assistant (IVA) Market, By End User
9 Global Intelligent Virtual Assistant Market, By Geography
10 Key Developments
11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/fm3nqb/intelligent