Intelligent Virtual Assistant Market Expected to reach US$ 5.1 Bn by 2022,Globally
Industry Research, Intelligent Virtual Assistant Market
According to a new market report published by Transparency Market Research “Intelligent Virtual Assistant Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2022”,the market for intelligent virtual assistant,globally, is forecast to reach US$5.1Bnby 2022.Intelligent virtual assistants are the new breeds of mobility solutions and business communication. Virtual assistants are increasingly entering the mobility market where they are being utilized in order to increase business productivity. The fundamental problem faced by customers interacting with online websites is the inability to find the most appropriate answer to their questions. Usage of next generation self-service technology such as intelligent virtual assistants helps in improving the customer engagement service issues online.
Browse the full Intelligent Virtual Assistant Market report at http://www.transparencymarketresearch.com/intelligent-virtual-assistant-industry.html
The globa lintelligent virtual assistant market was valued at US$579.7Mnin 2014 and is forecast to grow at a CAGR of 31.8% from 2015to 2022.There are two major types of technologies used in intelligent virtual assistants, namely, text-to-speech technology and speech recognition technology. Among these two technologies, speech recognition is the most popular technology at present as it provides the feature of interactive and intuitive communication. The end users of intelligent virtual assistants include individual users, small and medium enterprises, and large enterprises. Large enterprise users are increasingly displaying confidence in accepting intelligent virtual assistants as the preferred solution for their business requirements.
, Intelligent Virtual Assistant Market