Title: Intelligent Virtual Assistant Market - Forecast(2021 - 2026)
1Intelligent Virtual Assistant MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Intelligent Virtual Assistant Market is forecast
to reach 35.1 billion by 2025, growing at a CAGR
30.8 from 2020 to 2025. - This is anticipated the need for improved
efficiency across service-based companies and the
integration of Artificial Intelligence
(AI)-powered Smart Virtual Assistant (IVA) among
various devices such as tablets, computers and
smartphones will boost the market.
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- Key Takeaways
- The need for improved efficiency across
service-based companies and the introduction of a
Smart Virtual Assistant (IVA) powered by
Artificial Intelligence (AI) among various
devices such as tablets, computers and
smartphones will boost the market. - The smart speaker segment is expected to grow at
the most rapid rate over the forecast period. The
residential customers mainly use smart speakers
for everyday tasks. - Rising global adoption of mobile computing
technology is expected to boost demand for the
automatic voice recognition segment. The smart
speakers only receive input via ASR. -
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By Distribution Channel- Segment Analysis During
the forecast period the Automatic Speech
Recognition (ASR) segment is expected to grow at
a CAGR of 38.6. Since smart speakers are widely
adopted in various sectors. Smart speakers
recognize the speech and respond in a predefined
way to consumer-generated discourse. Rising
worldwide adoption of mobile computing technology
is expected to boost demand for the segment of
automatic speech recognition.
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- Enterprise Asset Management Market Industry
Outlook - Intel Corporation
- Amazon.com Inc.
- Google Inc.
- Nuance Communications, Inc.
- Oracle Corporation
- Apple Inc.
- Microsoft
- eGain Corporation
- Verint
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Intelligent Virtual Assistant Market -
Forecast(2021 - 2026) Learn More About the
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17/intelligent-virtual-assistant-iva-market.html
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