Intelligent Virtual Assistant (IVA) Market in North America to 2023: Growth of 33.9% CAGR is Projected - ResearchAndMarkets.com

DUBLIN--()--The "North America Intelligent Virtual Assistant (IVA) Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The North America Intelligent Virtual Assistant (IVA) Market is expected to witness market growth of 33.9% CAGR during the forecast period (2017-2023).

IVA is software driven assistant which uses artificial intelligence to model the human interaction to perform multiple tasks. IVA helps in managing connected cars, and homes and some of the leading examples of IVA are Google Assistant, Apple Siri, Microsoft's Cortana, and Amazon Echo.

Growing demand for online self-services platform and need for rapid resolution of queries is expected to also contribute to the market growth.

As per Global Entrepreneurship Monitor (GEM), it was reported that, around 27 million working people in America were operating a new business in 2015. The potential is expected to grow worldwide and websites is expected to be the most preferred service channel for consumers.

Websites is expected to be an ideal platform for gathering information, resolving issues, and making purchasing decisions. Therefore, the adoption of IVA is expected to streamline the business activities eventually saving overhead costs involved in advertising, interviewing, and training operations.

Segmentation

Based on Technology, the Intelligent Virtual Assistant (IVA) market segments the market into Text to Speech and Automatic Speech Recognition.

Based on Vertical, the market report segments the market into BFSI, Retail & Ecommerce, Automotive, Healthcare, and Others.

Based on Countries, the Intelligent Virtual Assistant (IVA) market segments the market into US, Mexico, Canada, and Rest of North America.

Key Topics Covered

1. Market Scope & Methodology

2. Market Overview

3. North America Intelligent Virtual Assistant Market

4. North America Intelligent Virtual Assistant Market by Technology

5. North America Intelligent Virtual Assistant Market by Country

6. Competitive Study

7. Company Profiles

  • Oracle Corporation
  • Nuance Communications Inc.
  • Microsoft Corporation
  • Inbenta Technologies
  • Samsung Electronics Co. Ltd.
  • Apple Inc.
  • IBM Corporation
  • Intel Corporation
  • Google Inc.
  • Amazon.com Inc. (Amazon Web Services)

For more information about this report visit https://www.researchandmarkets.com/research/9d6f3r/intelligent?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Artificial Intelligence

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Artificial Intelligence