Blog

FohBoh Jobs

intelligent virtual assistant market size (4)

The latest Health Intelligent Virtual Assistant Market analysis and research report talks about major applications of Health Intelligent Virtual Assistant, growth of these segments as well as offers insights into companies active in this industry and their information.

The medical industry report “Health Intelligent Virtual Assistant Market Size By Technology (Speech Recognition, Text –to-Speech, Voice Recognition) By End-User (Payers, Providers, Others), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, Australia, Brazil, Mexico, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Health Intelligent Virtual Assistant Market size is set to exceed USD 1.5 billion by 2024.

Rising smartphone users worldwide coupled with increasing use of health apps and growing popularity of internet of things is set to drive health intelligent virtual assistant market growth. Mobile healthcare technology has gained immense popularity among populations all over the globe. The increased adoption of heath apps demonstrates the shift in trend in patient care; wherein service over mobile devices is being preferred over visiting the physicians.

Request for a sample of this research report - https://www.gminsights.com/request-sample/detail/1823

Growing popularity of internet of things is likely to further stimulate health intelligent virtual assistant business growth. The use of internet of things in healthcare has increased both the size as well as accuracy of medical data through variety of data collection, and expanded the reach of healthcare professionals beyond their limited facilities.

Increasing lifestyle related disorders coupled with rising health consciousness should also drive the health intelligent virtual assistant market. Lifestyle diseases remain the leading cause of death worldwide. Intelligent virtual assistants respond to the voice or text queries through mobile devices or health apps, thus increasing patient engagement and improving self-management skills for chronic disease. Thus, rising global chronic disease burden across the globe in healthcare industry should further augment health intelligent virtual assistant market growth in coming years.

Growing need to reduce healthcare costs and improve quality of care will fuel health intelligent virtual assistant market growth. Promising improvements in healthcare infrastructure, patient experience will restructure the healthcare delivery over the coming years. To reduce the medical errors and improve the quality of healthcare has been the first preference of Agency for Healthcare Research and Quality (AHRQ).  

Browse key industry insights spread across 105 pages with 52 market data tables & 8 figures & charts from this 2017 report Health Intelligent Virtual Assistant Market in detail along with the table of contents at:

https://www.gminsights.com/industry-analysis/health-intelligent-virtual-assistant-market

Lack of awareness regarding accuracy and personalization in intelligent virtual assistants in certain regions and, lack of skilled people should hinder health intelligent virtual assistant market growth over forecast years.

Speech recognition will witness significant growth over the forecast years due to tremendous rise in demand for documentation with increasing adoption of electronic medical records. The use of speech recognition helps to improve and enhance clinical documentation in various ways by complementing the work of medical transcriptionists, attributing to its growth over the coming years.

Payers should will manifest a robust growth to surpass USD 600 million by 2024. Payers are modernizing the infrastructure, protecting and securing the patients data and improving the interoperability. Payers strive to deliver quality, efficiency, and patient satisfaction in service by using intelligent virtual assistant.  

U.S. health intelligent virtual assistant market accounted for the largest regional industry share in 2016. Wide spread adoption of healthcare IT, technologies for effective healthcare system and increasing smartphone users in the U.S. will stimulate industry growth.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1823

UK held considerable regional health intelligent virtual assistant market share in 2016 owing to adoption of advanced healthcare technologies. Rising penetration of the internet of things coupled with increasing regulation act related to communication and data should drive business growth in coming years. 

Japan health intelligent virtual assistant market attributed for over 30% of Asia-Pacific share in 2016, witnessing healthy growth over the forecast years. Increasing investment by market players for technological development and improved economic indicators should stimulate business growth. Growing aging population and rising uptake of intelligent virtual assistant solutions associated with healthcare should fuel the industry growth.

Brazil held highest regional market share in 2016 witnessing lucrative growth over the forecast years. Rapidly growing economy and need for better healthcare should promote the adoption of health intelligent virtual assistant across different healthcare organizations.

Some of the prominent industry players offering unique and advanced products include Next IT Corporation, Microsoft Corporation, Nuance Communications and eGain Communication. Other notable industry participants are True Image Interactive, CodeBaby, Kognito, Medrespond, Welltok and CSS Corporation.

Agreement and acquisition are some of the major strategies adopted by industry participants. The players are introducing innovative health technology solutions with enhanced features as a part of their commercialization strategy. For instance, Microsoft Corporation and University of Pittsburg Medical Centre together launched the health solution called Healthcare NeXT aiming at transforming healthcare.

Browse Related Reports:

Healthcare Artificial Intelligence Market Size By Application (Medical Imaging & Diagnosis, Drug Discovery, Therapy Planning, Hospital Workflow), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Brazil, Mexico, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024

https://www.gminsights.com/industry-analysis/healthcare-artificial-intelligence-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email:
sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Connect with us: Facebook | Google+ | LinkedIn | Twitter

Read more…

The technology research report Intelligent Virtual Assistant (IVA) Market Size By Technology (Speech Recognition, Text-To-Speech, Voice Recognition), By Service (Customer Service, Marketing Assistant), By Application (Automotive, BFSI, Retail, IT & Telecom, Healthcare, Education), By End-Use (SMBs, Large Enterprises, Individual Users), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024, by Global Market Insights, Inc. says Intelligent Virtual Assistant Market size is expected to exceed USD 11 billion by 2024; driven by increasing adoption across several industry verticals.

Intelligent virtual assistant market incorporates elements of language recognition, interactive voice response and other modern AI techniques which deliver full-fledged virtual identities that can converse with the users. The expertise in reasoning, learning, and understanding are the three key elements behind the appreciable adoption rate of IVAs. Virtual Assistants are proliferating because of profound neural networks, machine learning, and other such advancements in AI technologies. Rising penetration of IVA systems in retail, BFSI, and healthcare sector is the principal factor proliferating intelligent virtual assistant industry size.

Request for a sample of this research report @ https://www.fractovia.org/request-sample/415

Apple’s Siri and Microsoft’s Cortana are some of the most famous IVAs, which are provided with the companies’ operating systems. Not only the biggies but the SMBs are also emerging as the key participants in intelligent virtual assistant industry space. Improved business quality and reduced operating cost with the use of these virtual assistants is likely to propel the IVA market size in SMBs, slated to observe gains at over 37% CAGR from 2016-2024. Moreover, reduced need to hire marketing assistants, administrative services, and office spaces is further stimulating intelligent virtual assistant market trends. Based on the services offered by these IVAs, the customer service segment is expected to record stupendous gains at a CAGR of 35% over 2016-2024, owing to the growing customer expectations for seamless service.

North America was the largest contributor to the global intelligent virtual assistant industry share in 2015 and is foreseen to continue its regime over the coming seven years. The region’s growth can be attributed to the rising adoption of smartphones and growing emphasis on implementation of enterprise mobility and BYOD (bring-your-own-device) business models. APAC intelligent virtual assistant industry will also exhibit phenomenal CAGR of 40% from 2016-2024.

Deployment of IVA technology on the mobile platforms has significantly fueled the speech recognition technology, the demand for which is expected to surpass USD 7.5 billion by 2024. Furthermore, growing applications voice recognition technology based IVAs across biometrics market is also likely to boost intelligent virtual assistant industry share in the years to come.

Make an inquiry for buying this report @ https://www.fractovia.org/request-purchase/415

Rising penetration of IVAs in healthcare segment to perform tasks including scheduling appointment and analyzing lab results is set to expand intelligent virtual assistant market size across this sector. The ever-evolving automotive industry is also set to leverage the full potential of intelligent virtual assistants, driven by the technology’s heavy demand in connected cars.  IVA market size from automotive applications is slated to cross a revenue of USD 2.8 billion by 2024.

Key IVA industry players include Nuance, Clara Labs, Artificial Solutions and Anboto, IBM Corporation, Creative Virtual, CX Company, and 24/7 Customer Inc.

Report Content

Chapter 1    Methodology & Scope

1.1    Research Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry insights and validation

1.1.4    Research scope and assumptions

1.2    Data Sources

1.2.1    Primary sources

1.2.2    Secondary sources

Chapter 2    Executive Summary

2.1    IVA industry 3600 synopsis, 2013 - 2024

2.1.1    Business trends

2.1.2    Regional trends

2.1.3    Technology trends

2.1.4    Service trends

2.1.5    Application trends

2.1.6    End-Use trends

Chapter 3    Intelligent Virtual Assistant Industry Insights

3.1    Industry segmentation

3.2    Industry Size and forecast, 2013 - 2024

3.3    Industry ecosystem analysis

3.4    Technology & innovation landscape

3.4.1    Natural Language Processing

3.4.2    IVA Powered by Artificial Intelligence (AI)

3.5    Regulatory landscape

3.5.1    Health Information Technology for Economic and Clinical Health (HITECH)

3.5.2    EU Data Protection Directive

3.5.3    EU Electronic Communication Directive

3.5.4    Electronic Communication Privacy Act (ECPA)

3.6     Industry impact forces

3.6.1    Growth drivers

3.6.1.1    Rising emphasis to enhance customer satisfaction

3.6.1.2    Increasing adoption across several industry verticals

3.6.1.3    Growing global mobile device adoption

3.6.1.4    High demand for outsourced assistance

3.6.2    Industry pitfalls & challenges

3.6.2.1    Lack of skilled professionals

3.7    Growth potential analysis

3.8    Company market share analysis, 2015

3.8.1    Strategy dashboard

3.9    Porter’s analysis

3.10    PESTEL analysis

Browse key industry insights spread across 180 pages with 130 market data tables & 100 figures & charts from the report Intelligent Virtual Assistant (IVA) Market in detail along with the table of contents:

https://www.fractovia.org/news/industry-research-report/intelligent-virtual-assistant-iva-market

The differentiating factor of Intelligent Virtual Assistant (IVA) market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focused multiple trends for Intelligent Virtual Assistant (IVA) industry are discussed along with regional trends to offer an overall view of the market. The ‘industry insights’ chapter of this research provides the most comprehensive analysis of Intelligent Virtual Assistant (IVA) market covering segmentation, size, forecasts, ecosystem analysis and more. Industry impact forces (regional and global) that cover growth drivers and challenges, growth potential analysis, a strategy dashboard for competitive landscape of Intelligent Virtual Assistant (IVA) market support this sector specific data and information points.

Regionally, Global Market Insights, Inc.’s Intelligent Virtual Assistant (IVA) market research has the most in-depth, country focused estimates and forecasts for decision makers across the globe. An exhaustive list of company profiles for organizations active in the Intelligent Virtual Assistant (IVA) market supports the regional analysis and information offering a competitive outlook on the industry. For each segment analyzed in this research, whether it is by product, application, material or end-use, a regional overview with historical data and Intelligent Virtual Assistant (IVA) market forecast is provided to the reader. Such a cross-segmentation research analysis is also unique to reports by Global Market Insights, Inc.

About Fractovia.org

Fractovia.org is one of India's leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.

 Contact Us:

Arun Hegde
Corporate Sales, USA
Fractovia.org
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@fractovia.org
Website: https://www.fractovia.org
Connect with us: Facebook | Twitter

Read more…

Industry Overview

The report Intelligent Virtual Assistant (IVA) Market Size By Technology (Speech Recognition, Text-To-Speech, Voice Recognition), By Service (Customer Service, Marketing Assistant), By Application (Automotive, BFSI, Retail, IT & Telecom, Healthcare, Education), By End-Use (SMBs, Large Enterprises, Individual Users), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” by Global Market Insights, Inc. says Global intelligent virtual assistant market size is estimated to grow at an annual growth rate of 34.9% over the coming seven years.

Rapid technological advancements and innovations will stimulate intelligent virtual assistant (IVA) market share over the coming period of 2016 to 2024. The technology assisted advantages such as high customer satisfaction, enhanced support, personalized customer service, low operating cost, and multiple languages & device support will increase the demand for IVA worldwide. Healthcare and automotive sector are increasingly adopting speech recognition technology, which will further significantly drive IVA industry share. The huge investment in R&D by firms to enhance their products and solutions portfolio in sync with the latest technological trends will noticeably influence the industry trends.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1094

Automotive, healthcare, BFSI, IT & telecom, education, and retail are some of the key application areas for the intelligent virtual assistant market. The automotive application is estimated to surpass a revenue of USD 2.8 billion by 2024, owing to the increasing incorporation of IVA technology for the automotive sector. For instance, dragon drive automotive virtual assistant platform for connected cars has been released recently, which improves the in-car experience of the driver.

The escalating healthcare sector will generate heavy revenue for intelligent virtual assistant industry over the coming period, driven by its increasing requirement from hospitals to request lab results as well as to schedule appointments. Retail applications will also play a significant role towards intelligent virtual assistant market growth over the coming timeframe, owing to the quick and cost-effective problem-solving capability.

The IVA technology is segmented in terms of speech recognition, voice recognition, and text-to -speech. Speech recognition technology is predicted to surpass a revenue of USD 7.5 billion by 2024, driven by its increasing implementation in mobile devices. Voice recognition IVA technology is estimated to exhibit substantial growth over the coming years. The growth can be attributed to the increasing demand for this technology for voiceprints and biometric identification applications.

Based on end-use, intelligent virtual assistant market mainly comprises large enterprises, small & midsized business (SMBs), and individual users. SMBs end user segment is projected to witness an annual growth rate of 37% over the coming seven years owing to the increasing adoption of IVA technology by SMBs, due to its advantages such as reduced operating cost and improved business quality.

The IVA service includes customer service and marketing assistant. IVA technology helps to solve large number of customer’s problems with dynamically improved and refined way. This, in turn, will surge the demand for IVA technology for customer service, which is anticipated to exhibit a CAGR of 35% over the period of 2016 to 2024.

Taking into consideration the global aspects, North America is expected to dominate the industry share over the coming years, owing to the huge implementation of BYOD and enterprise mobility business model. Increasing demand for smartphone-assisted platform will influence North America IVA industry growth notably.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1094

Asia Pacific intelligent virtual assistant market is predicted to grow at an annual growth rate of 40% over the coming seven years. The rise in technological advancement will be the attributing factor towards the regional growth. India and China will be the major revenue pockets for the Asia Pacific IVA industry share.

Nuance, Clara Labs, IBM, eGain, and Creative Virtual are some of the leading companies operating in the global intelligent virtual assistant industry. Other notable market participants include InteliWise, Artificial Solutions, CX Company, and Anboto Group.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

Blog: https://gminsights.wordpress.com

Connect with us: Facebook | Google+ | LinkedIn | Twitter

Read more…

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.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1094

Growing focus on streamlining business activities to lower the overall operating cost will also propel the intelligent virtual assistant market size. IVAs have application across several business processes such as interviewing, employee training and advertising that allow enterprises to minimize the cost.

With the help of smartphones and other mobile devices, tasks such as checking in with staff, location based reminders, searching through emails, and scheduling meetings makes the work life of the employee more efficient. Thus, the increasing penetration of mobile devices is expected to provide a fillip to the intelligent virtual assistant market share.

Browse key industry insights spread across 180 pages with 130 market data tables & 100 figures & charts from the report, “Intelligent Virtual Assistant (IVA) Market Size By Technology (Speech Recognition, Text-To-Speech, Voice Recognition), By Service (Customer Service, Marketing Assistant), By Application (Automotive, BFSI, Retail, IT & Telecom, Healthcare, Education), By End-Use (SMBs, Large Enterprises, Individual Users), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/intelligent-virtual-assistant-iva-market

Key insights from the report include:

  • Speech recognition is expected to witness significant growth with a CAGR of over 37% from 2016 to 2024 owing to the high demand for speech recognition technology across the medical and automotive applications.
  • Moreover, increasing focus of technology giants including Microsoft and IBM to minimize the error rate is expected to significantly contributes towards high intelligent virtual assistant market share. The ability to covert a person's voice into a recognizable data pattern is projected to propel the demand for voice recognition over the coming years.
     
  • IVA market share as service assistant is anticipated to witness high adoption over the future as it is capable of assisting businesses on customer requirements and work flow balance, thereby, delivering immediate productivity. Intelligent virtual assistant market share as customer assistants is projected to grow considerably at nearly 35% CAGR over the forecast timeline.
     
  • The technology provides advantages such as enhance support, low operating cost, high customer satisfaction, personalized service to customers, multiple language & device support. Furthermore, it proves to be a key differentiator that increases consumer loyalty, income and sales.
  • Intelligent virtual assistant market size is expected to witness significant demand across the retail industry owing to the features they offer such as responding efficiently to consumers queries and issues in a cost-effective manner. IVA offer personalized and expert service to customers irrespective of time, geography and channel without any sale support. This increases consumer satisfaction and lowers cost, which is expected to impel demand over the next few years.
  • Enterprises are witnessing high adoption rate as it provides user friendly self-service feature which is much faster and convenient as compared to talking to a live agent. High IVA market adoption rate is further accredited to increasing focus on customer satisfaction and cost reduction.
  • For instance, Nuance’s Nina is the first virtual integrated assistant in the UK insurance sector. Dominos Pizza’s ‘Dom’, ING Bank’s ‘Inge’, and JetStar Airline’s ‘Jess’ are virtual assistants designed to deliver a convincing, multi-channel, automatic customer service experience for the enterprise and consumer segment.
  • U.S. intelligent virtual assistant market size contributed significantly to the overall revenue in 2015, with CAGR forecast to exceed the global average.
  • Companies contributing to the intelligent virtual assistant market share include IBM Corporation, Nuance, Clara Labs, InteliWISE, eGain Communications, Creative Virtual, CX Company, 24/7 Customer Inc., Artificial Solutions and Anboto among others.

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Read more…

Food Tech Vendors