Monday 11 January 2016

Intelligent Virtual Assistant Market Industry 2015– 2022 Share and Size, Key Trends, Vendor Strategies, Growth and Price, Regional Outlook & Forecasts


North America Intelligent Virtual assistant functions artificial intelligence for providing automated assistance to user, it could also be in a form of 2D static character images or fully animated avatar. Digital humanlike avatar are customizable, many players in this industry offers services to change its appearance according to the user’s preference. According to the Research study by Hexa Research, The market for Intelligent Virtual assistant is likely to reach around USD 3,070 million by 2020.Growing focus of resourceful consumer interaction facilitated by virtual assistants is likely to drive the market in upcoming years. Two major types of technologies used are Speech recognition technology and text to speech technology .Speech recognition provides feature for intuitive and interactive communication, is known as one of the most popular technology.


In 2012, Major driving market for Intelligent Virtual Assistant was dominant consumers which contributed for around 80% of the global market. Markets forecast for small and medium companies are expected to be positive, with adoption rates that are expected to increase considerably in next few years. The market of Intelligent Virtual Assistant market is likely to grow at CAGR around 30% till 2020.Big companies are anticipated to continue for majority market share, driven by increasing focus on customer satisfaction. For ensuring the user engagement and offering real –time, for revenue generation, personalized support is crucial.  

Table Of Content

Chapter 1 Executive Summary
1.1 Intelligent Virtual Assistant - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Intelligent Virtual Assistant Industry Analysis
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Intelligent Virtual Assistant Value Chain Analysis
2.4 Intelligent Virtual Assistant Market Dynamics
2.5 Key Opportunities Prioritized

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Chapter 3 Intelligent Virtual Assistant End-Use Outlook
3.1 Large Enterprises
3.2 Small and Medium Enterprises (SME)

Chapter 4 Intelligent Virtual Assistant Regional Outlook
4.1 North America
4.2 Europe
4.3 Asia Pacific
4.4 RoW

Chapter 5 Competitive Landscape
5.1 Next IT Corporation
5.2 Creative Virtual Ltd.
5.3 Nuance Communications
5.4 Anboto Group
5.5 Synthetix Ltd.

Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope & Assumption
6.3 List of Data Sources


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Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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