What is an Intelligent Virtual Assistant (IVA)?

An Intelligent Virtual Assistant (IVA) is a software application that utilizes artificial intelligence (AI) and natural language processing to provide interactive and personalized assistance to users.

How big is the intelligent virtual assistant market?

The Global Intelligent Virtual Assistant Market is projected to have a moderate-paced CAGR of 35.1% during the forecast period. The current valuation of the intelligent virtual assistant industry is USD 15.3 Billion in 2023 and reach a high of USD 309.9 Billion by the year 2033.

What are the key functionalities of Intelligent Virtual Assistants?

IVAs are designed to perform tasks such as answering queries, providing information, conducting transactions, and assisting with various user interactions through voice or text interfaces.

How is the Intelligent Virtual Assistant market currently positioned globally?

The global Intelligent Virtual Assistant market is witnessing robust growth, driven by increasing demand for automation, enhanced customer experience, and advancements in AI technologies.

Which region held the largest intelligent virtual assistant market share?

In terms of market size, North America dominated the intelligent virtual assistant market with a revenue share of 33.3% in 2023.

Who are the key players in the intelligent virtual assistant market?

Some key players operating in the intelligent virtual assistant market include IBM Corporation, [24]7.ai, Apple Inc., Amazon.com, Inc., Google LLC, Baidu, Inc., Microsoft Corporation, Oracle Corporation, Nuance Communications, Inc., Samsung Electronics Co., Ltd., Inbenta Technologies Inc., Avaamo, Other Key Players

Global Intelligent Virtual Assistant Market By Product (Smart Speakers and Chatbot), By Technology (Automatic Speech Recognition, Text-based, and Text to Speech), By End-Use Industry (IT & Telecommunications, Consumer Electronics, BFSI, Travel & Hospitality, Healthcare, Education, Retail, Automotive, Other End-Use Industries), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: Jan. 2024
Report ID: 63968
Number of Pages: 339
Format:

Overview
Table of Contents
Major Market Players
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- 24/7 Customer Inc.
- Apple Inc. Company Profile
- Amazon.com Inc.
- Google Inc.
- Baidu Inc.
- Microsoft Corporation Company Profile
- IBM Corporation
- Oracle Corporation
- Nuance Communications Inc.
- Other Key Players