INTELLIGENT VIRTUAL ASSISTANT 2017 GLOBAL MARKET EXPECTED TO GROW AT CAGR 54.32% AND FORECAST TO 2021


IVA is a computer-generated character (an avatar or a 3D animated persona) that deliver text-based or voice-based information and service assistance to customers via a kiosk, mobile, or website. It incorporates natural-language processing and domain knowledge that changes according to the content of the dialog between the virtual assistant and customer. IVA provides user with vital information on topics such as company details, including financial and investor-related details, product portfolios, and technology-related information. IVA acts as a company representative to interact with the customers to address their queries specific to the company.

Technavio’s analysts forecast the global intelligent virtual assistant market to grow at a CAGR of 54.32% over the period 2014-2019.

Covered in this report 
The report includes the present scenario and the growth prospects of the global intelligent virtual assistant market for the period 2015-2019. On the basis of end-user, the market is categorized into two segments: 
• Large enterprises 
• SMEs 
Large enterprises and SMEs are further classified into: 
• BFSI 
• Government 
• Retail 
• Travel 
• Others

Technavio’s report, Global Intelligent Virtual Assistant Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions 
• Americas 
• APAC 
• EMEA

Key vendors 
• Anboto Group 
• Creative Virtual 
• CX Company 
• Ecreation 
• eGain 
• Eidoserve 
• H-care 
• Inbenta Technologies 
• Next IT 
• Nuance Communications 
• Synthetix 
• Viclone

 

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Market driver 
• Multichannel virtual assistant 
• For a full, detailed list, view our report

Market challenge 
• Lack of standardization 
• For a full, detailed list, view our report

Market trend 
• Holographic virtual assistant 
• For a full, detailed list, view our report

Key questions answered in this report 
• What will the market size be in 2019 and what will the growth rate be? 
• What are the key market trends? 
• What is driving this market? 
• What are the challenges to market growth? 
• Who are the key vendors in this market space? 
• What are the market opportunities and threats faced by the key vendors? 
• What are the strengths and weaknesses of the key vendors?

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Table of Contents:

PART 01: Executive summary 
Highlights 
PART 02: Scope of the report 
Base year 
Forecast period 
Market coverage 
Definition 
Market size calculation 
Geographical segmentation 
Vendor segmentation 
Common currency conversion rates 
PART 03: Market research methodology 
Research methodology 
Economic indicators 
PART 04: Introduction 
Key market highlights 
Evolution of IVAs 
Business and revenue model structure for IVA companies 
PART 05: Market landscape 
Market size and forecast 
Five forces analysis 
PART 06: Market segmentation by end-user 
BFSI 
Government 
Retail 
Travel 
Others 
PART 07: Geographical segmentation 
PART 08: Market drivers 
Increase in adoption of IVAs in healthcare industry 
Multichannel VAs 
Increasing demand for web self-service 
Increased need to improve CRM 
PART 09: Impact of drivers 
PART 10: Market challenges 
Proper integration between front-end and back-end knowledge base 
Lack of standardization 
Lack of learning curve 
Complexity in understanding user objective 
Lack of product differentiation and viability issues 
PART 11: Impact of drivers and challenges 
PART 12: Market trends 
Holographic VAs 
Social media 
Increase in mobility 
Mergers and acquisitions 
PART 13: Vendor landscape 
Competitive scenario 
PART 14: Key vendor analysis 
Anboto 
CX Company 
Creative Virtual 
Ecreation 
eGain 
GetAbby 
H-care 
Inbenta 
Next IT 
Nuance 
Synthetix 
Viclone 

 Continued…….

 

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