Houston, TX -- (SBWire) -- 04/20/2018 --There has been a significant rise in demand for demand for wealth advisory across the globe over the past few years, chiefly owing to the rising wealth of the affluent upper-middle class in emerging economies and the substantial increase in the number of high-net-worth individuals (HNWIs) globally. While financial advisory firms across the globe position themselves to benefit from the vast rise in growth opportunities, a number of challenges have arisen as the business outlook has become highly complex. Competition has become intense and regulatory oversights have become more prevalent.
A smart advisor is an application program used to understand natural language and complete all electronic tasks for an end user. Smart advisors are subject oriented and perform tasks such as taking dictations, reading texts or emailing messages, look up for phone numbers, anticipate requests, place calls, and remind users about appointments, these tasks were earlier performed by a personal assistant. Smart advisors are programmed with artificial intelligence, machine learning, and voice recognition technology. In near future, technological advancements will provide smart advisors built on cognitive computing technology, which will enable the user to carry multi-step request and perform more complex tasks.
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Top Key Vendors:
IBM Watson , Nuance Communications Inc., Egain Corporation, Artificial Solutions, Creative Virtual Pvt. Ltd., Next IT Corporation, CX Company, Speaktoit Inc., 24/7 Customer Inc., Codebaby (Idavatars) Inc.
The major driver for the smart advisors market is the increasing use of Artificial Intelligence in different industries for automation of tasks. Another driver driving the smart advisors market is the increasing of mobile phones and social media. Increasing use of smart advisors by banks and financial institutions is also major factor for the growth of the smart advisors market. Increasing use of smart advisors by both small scale and large scale enterprises is another factor leading to the growth of the smart advisors market. Increasing use of the technology in healthcare to provide virtual physicians is another factor leading to the growth of the smart advisors market. The market is also driven by growing need of machine operations in performing different tasks.
Foremost performers in the Global Smart Advisors Market are summarized in the report to apprehend their role in the market and their forthcoming strategies. The manufacturing base of each key player and their share in the market for each product and application segment of the market have been labeled in the report. Various marketing channels and strategies likely to bear fruit in the 2017-2025 period have been portrayed in the report to help per users formulate winning strategies.
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Table Of Content:
Chapter 1 Smart Advisors Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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