Intelligent Virtual Assistant Market – Opportunities & Forecast 2020-2027

1. Report Title Intelligent Virtual Assistant Market – Opportunities & Forecast 2020- 2027 GMI Research GMI Research See the Future Insights 1

2. The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Intelligent Virtual Assistant Market: The global intelligent virtual assistant market has seen a significant increase in recent years. The increasing adoption rate of low-cost chatbots software modules, rising need for automation in customer service and marketing areas, followed by the growing integration of intelligent virtual assistant smart speakers with smart home appliances, are the major factors propelling the growth of the global intelligent virtual assistant market. The increasing demand for intelligent virtual assistants capable of offering multi-lingual support, coupled with recognizing gestures, will further fuel the growth of the intelligent virtual assistant market over the upcoming years. The consumer electronics industry segment was projected to dominate the intelligent virtual assistant market in 2016. The increase in demand for intelligent virtual assistants in home automation systems is the key factor in surging the growth of the consumer electronics market. Moreover, the BFSI sector was projected to grow at a higher CAGR during the forecast period. This report splits the Intelligent Virtual Assistant Market as follows: By Product: •Chatbot •IVA Smart Speakers By Type: •Rule-Based •Conversational AI-Based By Industry: •Consumer Electronics 2

3. •BFSI •Healthcare •Education •Retail •Government •Utilities •Travel and Hospitality •Others By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) Competitive Landscape: The intelligent virtual assistant market report also scans the competitive landscape and profiles the major players operating in the market including Alphabet, Amazon, 3

4. Microsoft, Samsung Electronics, IBM, Blackberry, Baidu, Inbenta Technologies, Nuance Communications, and Apple, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4