Intelligent Virtual Assistant Market Size Will Reach USD 38,982 Million at CAGR of 20.7% by 2028 - Alibaba Group Holding Limited, Alphabet, Amazon.com, Amelia

London, UK -- (SBWire) -- 10/11/2022 --Global Intelligent Virtual Assistant Market Size 2022-2028 study consists of details related to the market dynamics, the information about which segments within the industry are growing, who are the major players what are their market strategies and shares within the industry. This study offers a detail information on the historical data pointers of the global market as well as market forecasts by region/country for the sectors and subsectors. This includes data related to the market's sales volume, average pricing, revenue generated, the gross margin, trends, historical information, and future dynamics. It provides detailed data on all areas, as well as assessment all segments, categories, for regional and country level market.

This provides companies, individual investors, the key stakeholders, and others with valuable information while evaluating the Intelligent Virtual Assistant market. The trend in global industry is investigated to gain a better knowledge of the present or future market scenario. Since the data we provide in the report is from the supply side of the industry hence the provided data gives information on the year-on-year growth for major regions and verticals within the industry. To maintain highest level of accuracy we keep a tight check on the methodology we use. We conduct interviews and desk research to make sure all the figures and tables are in line to market scenario.

Intelligent Virtual Assistant (IVA) is an AI-enabled chat assistant that generates personalized responses by combining analytics and cognitive computing based on individual customer information, past conversations, and location, leveraging the corporate knowledgebase and human insight. According to latest analysis by Gen Consulting Company, the global intelligent virtual assistant market is projected to climb to USD 38,982 million by 2028-end, progressing at a CAGR of 20.7% during 2022-2028.

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The research study includes profiles of leading companies operating in the global Intelligent Virtual Assistant Market:
Alibaba Group Holding Limited
Alphabet Inc.
Amazon.com, Inc.
Amelia (IPsoft, Inc.)
Apple Inc.
Artificial Solutions International AB
Baidu Inc.
eGain Corporation
International Business Machines Corporation (IBM)
Microsoft Corporation
Oracle Corporation
Samsung Electronics Co., Ltd.
Sonos Inc.
Xiaomi Inc.

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Market Segmentation
The market is segmented by end-use, type/application, and location in the competitive landscape study. The research focuses at current and future trends in the Intelligent Virtual Assistant industry. This study also looks at upstream and downstream raw materials, as well as market trends. The report also recognises the best-performing and fastest-growing segments in terms of revenue generation. The research study also analyses the target market's highest revenue-generating segments and fastest-growing segments.

By product:
- smart speakers
- chatbots

By application:
- customer service agents
- employee digital assistants
- personal assistants

By end user:
- BFSI
- healthcare
- IT & telecommunications
- residential
- retail & ecommerce
- travel & hospitality
- others

Regional Analysis Covered in this report:
North America [United States, Canada]
Europe [Germany, France, U.K., Italy, Russia]
Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
Latin America [Mexico, Brazil, Argentina]
Middle East & Africa [Turkey, Saudi Arabia, UAE]

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Regional Outlook
The key regions analysed for the global Intelligent Virtual Assistant market are North America, Asia-Pacific, Central and South America, Europe, and the Middle East and Africa. Of all of these regions, North America earns the greatest revenue. Product demand will be boosted by the presence of a number of significant firms in Asia Pacific. The low cost of raw materials is one of the primary factors for this region's market expansion.

Russia-Ukraine War Impact Analysis
In the Intelligent Virtual Assistant market analysis, the impact of the Russia-Ukraine war on global and domestic markets is also explored. For companies and consumers interested in the industry, the report is a significant source of guidance and education. It includes crucial information as well as the current situation of the major manufacturers' markets.

Competitive Landscape
The competitor analysis element of the study is one of the most crucial parts, as it analyses big competitors' growth using key criteria such market share, new developments, local competition, global reach, price, and production. The competitive landscape in the Intelligent Virtual Assistant market is examined in depth in this report, from how competitors compete to prospective market changes. Players in this industry use a range of techniques to improve their market position.

The Intelligent Virtual Assistant market analysis also includes information on mergers and acquisitions, joint ventures, collaborations, partnerships, and agreements to give you a more complete picture of the industry. This is a great place to start for market participants who want to rethink their strategic direction.

Table of Content:
FIGURES AND TABLES

PART 1. INTRODUCTION
· Report description
· Objectives of the study
· Market segment
· Years considered for the report
· Currency
· Key target audience

PART 2. METHODOLOGY

PART 3. EXECUTIVE SUMMARY

PART 4. MARKET OVERVIEW
· Introduction
· Drivers
· Restraints
· Impact of COVID-19 pandemic

PART 5. MARKET BREAKDOWN BY PRODUCT
· Smart speakers
· Chatbots

PART 6. MARKET BREAKDOWN BY APPLICATION
· Customer service agents
· Employee digital assistants
· Personal assistants

PART 7. MARKET BREAKDOWN BY END USER
· BFSI
· Healthcare
· IT & telecommunications
· Residential
· Retail & ecommerce
· Travel & hospitality
· Others

PART 8. MARKET BREAKDOWN BY REGION
· Asia Pacific
· Europe
· North America
· Rest of the World (RoW)

PART 9. KEY COMPANIES

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(Note: The report will be updated with COVID-19 impact analysis before delivery)

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