The global intelligent virtual assistant (IVA) market is estimated to garner approximately USD 44 billion in revenue by the end of 2031 by growing at a CAGR of ~38% over the forecast period, i.e., 2022 – 2031.
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Intelligent Virtual Assistant Market is forecast to reach $35.1 billion by 2025, growing at a CAGR 30.8% from 2020 to 2025. This is anticipated the need for improved efficiency across service-based companies and the integration of Artificial Intelligence (AI)-powered Smart Virtual Assistant (IVA) among various devices such as tablets, computers and smartphones will boost the market.
Intelligent Virtual Assistant Market is forecast to reach $35.1 billion by 2025, growing at a CAGR 30.8% from 2020 to 2025. This is anticipated the need for improved efficiency across service-based companies and the integration of Artificial Intelligence (AI)-powered Smart Virtual Assistant (IVA) among various devices such as tablets, computers and smartphones will boost the market.
Intelligent Virtual Assistant Market is forecast to reach $35.1 billion by 2025, growing at a CAGR 30.8% from 2020 to 2025. This is anticipated the need for improved efficiency across service-based companies and the integration of Artificial Intelligence (AI)-powered Smart Virtual Assistant (IVA) among various devices such as tablets, computers and smartphones will boost the market.
Request Sample of Report @ http://bit.ly/2sRlzcz Smart speaker market in personal applications is expected to hold the majority share of over 90% due to the increasing usage of the devices in smart homes. The integration of these devices with devices such as smart lightbulbs, thermostats, and TVs is encouraging the consumers to adopt these devices for personal uses. Devices such as Google Home allow the users to make phone calls and send messages, monitor the user activity, set alarms, and go shopping.
The BYOD policy allows employees to use their personal devices to gain access to corporate networks. It helps organizations to enhance operational efficiency and business productivity. Organizations also save on the cost of equipment by allowing employees to use their own mobile devices.
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The Global Lithium Ion Battery (IVA) Market size is expected to reach $50.9 billion by 2023, rising at a market growth of 10.6% CAGR during the forecast period. Full Report: https://kbvresearch.com/lithium-ion-battery-market/
Get a sample brochure @ http://tinyurl.com/zkpdanu The world intelligent virtual assistant (IVA) market is segmented on the basis of technology, vertical and geography. Based on technology, the market is segmented into speech recognition and text-to-speech technology. Further, IVA technology finds its major application across various verticals such as automotive, BFSI, healthcare, Retail (e-commerce) and others.Based on geography, the world intelligent virtual assistant (IVA) market is bifurcated into North America, Europe, Asia-Pacific and LAMEA (Latin America Middle East and Africa). North America and Europe are so far the major adopters of intelligent virtual assistant technology. The enterprises in the region are increasingly adopting this technology to enhance their customer engagement along with reduced cost of operation. However, Asia-Pacific would witness the highest CAGR of 38.97% during the forecast period.
More Information @ http://bit.ly/2iogq6v IVA technology provides features such as interaction in natural language, lifelike avatar, ability to recognize different languages and respond via text or voice. For example, DigitalCX by CX Company understands the questions posed by the user and provides step-by-step activities and cross sell opportunities depending on the customer interest.
The Market for AR and VR for Gaming is forecast to reach $11.0 billion by 2026, growing at a CAGR of 18.5% from 2021 to 2026. The market is driven by the growing popularity and integration of AR and VR technologies in mobile phones and other wearable devices. Augmented Reality and Virtual Reality are considered to seamlessly offer the most exciting emerging technologies on the planet for today’s life.
Intelligent Virtual Assistant Market size is expected to exceed USD 11 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing focus on customer engagement to enhance user experience is expected to drive the intelligent virtual assistant market size in the future. Virtual assistants are deployed in mobile devices, enterprise websites, and social media that enable them to have constant communication with clients. For instance, companies install them to provide brand or product information to clients. In addition, it helps in promotions by asking new users to sign in to the company's loyalty account. Customer engagement solutions emphasize on providing enhanced direct experience and help companies to increase revenue and improve customer satisfaction and retention.
According to the latest research report by IMARC Group, The global conversational AI market size reached US$ 7.71 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.28 Billion by 2028, exhibiting a growth rate (CAGR) of 31.50% during 2023-2028. More Info:- https://www.imarcgroup.com/conversational-ai-market
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According to the latest research report by IMARC Group, The global space suits market size reached US$ 218.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,286.1 Million by 2032, exhibiting a growth rate (CAGR) of 29.84% during 2024-2032. More Info:- https://www.imarcgroup.com/space-suits-market
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