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Global Intelligent Virtual Assistant Market by Product (Chatbot, IVA Smart Speakers), Type (Rule-Based, Conversational AI-Based), Industry (Consumer Electronics, BFSI, Healthcare, Education, Retail, Government, Utilities, Travel and Hospitality and Others) and by Geography - Opportunities & Forecast 2016-2021

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Report Code : Published Date: January-2018 Report Format: PPT

 

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The global intelligent virtual assistant market has witnessed a substantial growth in recent years. The rise in the adoption rate of low-cost chatbots software modules, growing need for automation in customer service and marketing areas as well as increase in integration of intelligent virtual assistant smart speakers with smart home appliances are the key factors fuelling the growth of the global intelligent virtual assistant market. The growing demand for intelligent virtual assistants capable of providing multi-lingual support as well as recognizing gestures will further propel the growth of the intelligent virtual assistant market during the forecast period. 

 
The consumer electronics industry segment was estimated to dominate the intelligent virtual assistant market in 2016. The rise in demand of intelligent virtual assistant in home automation systems is the key factor propelling the growth of the consumer electronics market. Also, BFSI sector was the second most dominant industry segment in the intelligent virtual assistant market in 2016.
 
North America region was estimated to dominate the intelligent virtual assistant market in 2016 owing to rise in the adoption rate of intelligent virtual assistant technologies by industries such as consumer electronics, BFSI, healthcare, education, retail, government, utilities, travel and hospitality. On the other hand, Asia-Pacific is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to factor such as the increasing adoption of chatbots for providing effective customer service to people of emerging economies of the Asia-Pacific such as China and India. 
 
This research report on intelligent virtual assistant market provides in-depth analysis of the global intelligent virtual assistant market based on product, type, industry and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for intelligent virtual assistant market. The report also analyses the competitive landscape and the major player and their strategies in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
 
The report also profiles the major companies active in this field, including Apple, Alphabet, Amazon, Microsoft, Baidu, Samsung Electronics, IBM, Blackberry, Inbenta Technologies, Nuance Communications
 
Key questions this research would answer:
Is the intelligent virtual assistant market growing? How long will it continue to grow and at what rate?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the intelligent virtual assistant market?
What are the various industry application segments and how they are poised to grow?
 
The global intelligent virtual assistant market is segmented on the basis of product, type, industry and geography:
 
Global Intelligent Virtual Assistant Market by Product
Chatbot
IVA Smart Speakers
 
 
Global Intelligent Virtual Assistant Market by Type
•       Rule-Based
Conversational AI-Based
 
 
Global Intelligent Virtual Assistant Market by Industry
•      Consumer Electronics
BFSI
Healthcare
•       Education 
Retail 
Government 
•       Utilities 
Travel & Hospitality
Others
 
Global Intelligent Virtual Assistant Market by Region
North America
Europe
Asia-Pacific 
RoW
 
Global Intelligent Virtual Assistant Market Competitive Landscape
Major Players and their Key Strategies 
New product launches
Mergers and acquisitions
Collaborations, partnerships, agreements and joint venture

1. Executive Summary 

2. Introduction  

        2.1. Study Objectives

        2.2. Scope of the study

                2.2.1. Market Covered

                2.2.2. Geographical Coverage

                2.2.3. Forecast Data

        2.3. Research Methodology

 

3. Intelligent Virtual Assistant Market Overview

        3.1. Introduction

        3.2. Market Segmentation

        3.3. Value Chain Analysis

        3.4. Market Drivers

        3.5. Market Restraints/Inhibitors

        3.6. Market Attractiveness and Technology Trend

 

4. Global Intelligent Virtual Assistant Market Revenue Forecast till 2021

 

5. Intelligent Virtual Assistant Market by Product

        5.1. Chatbot

        5.2. IVA Smart Speakers

 

6. Intelligent Virtual Assistant Market by Type

        6.1. Rule-Based

        6.2. Conversational AI-Based

 

7. Intelligent Virtual Assistant Market by Industry

        7.1. Consumer Electronics

        7.2. BFSI

        7.3. Healthcare

        7.4. Education

        7.5. Retail

        7.6. Government

        7.7. Utilities

        7.8. Travel and Hospitality

        7.9. Others

 

8. Intelligent Virtual Assistant Market by Region Revenue Forecast till 2021

        8.1. North America – Intelligent Virtual Assistant Market Revenue Forecast till 2021

                8.1.1. Intelligent Virtual Assistant Market by Product

                                8.1.1.1. Chatbot

                                8.1.1.2. IVA Smart Speakers

                8.1.2. Intelligent Virtual Assistant Market by Type

                                8.1.2.1. Rule-Based

                                8.1.2.2. Conversational AI-Based

                8.1.3. Intelligent Virtual Assistant Market by Industry

                                8.1.3.1. Consumer Electronics

                                8.1.3.2. BFSI

                                8.1.3.3. Healthcare

                                8.1.3.4. Education

                                8.1.3.5. Retail

                                8.1.3.6. Government

                                8.1.3.7. Utilities

                                8.1.3.8. Travel and Hospitality

                                8.1.3.9. Others

        8.2. Europe – Intelligent Virtual Assistant Market Revenue Forecast till 2021

                8.2.1. Intelligent Virtual Assistant Market by Product

                                8.2.1.1. Chatbot

                                8.2.1.2. IVA Smart Speakers

                8.2.2. Intelligent Virtual Assistant Market by Type

                                8.2.2.1. Rule-Based

                                8.2.2.2. Conversational AI-Based

                8.2.3. Intelligent Virtual Assistant Market by Industry

                                8.2.3.1. Consumer Electronics

                                8.2.3.2. BFSI

                                8.2.3.3. Healthcare

                                8.2.3.4. Education

                                8.2.3.5. Retail

                                8.2.3.6. Government

                                8.2.3.7. Utilities

                                8.2.3.8. Travel and Hospitality

                                8.2.3.9. Others

        8.3. Asia-Pacific – Intelligent Virtual Assistant Market Revenue Forecast till 2021

                8.3.1. Intelligent Virtual Assistant Market by Product

                                8.3.1.1. Chatbot

                                8.3.1.2. IVA Smart Speakers

                8.3.2. Intelligent Virtual Assistant Market by Type

                                8.3.2.1. Rule-Based

                                8.3.2.2. Conversational AI-Based

                8.3.3. Intelligent Virtual Assistant Market by Industry

                                8.3.3.1. Consumer Electronics

                                8.3.3.2. BFSI

                                8.3.3.3. Healthcare

                                8.3.3.4. Education

                                8.3.3.5. Retail

                                8.3.3.6. Government

                                8.3.3.7. Utilities

                                8.3.3.8. Travel and Hospitality

                                8.3.3.9. Others

        8.4. Rest of the World – Intelligent Virtual Assistant Market Revenue Forecast till 2021

                8.4.1. Intelligent Virtual Assistant Market by Product

                                8.4.1.1. Chatbot

                                8.4.1.2. IVA Smart Speakers

                8.4.2. Intelligent Virtual Assistant Market by Type

                                8.4.2.1. Rule-Based

                                8.4.2.2. Conversational AI-Based

                8.4.3. Intelligent Virtual Assistant Market by Industry

                                8.4.3.1. Consumer Electronics

                                8.4.3.2. BFSI

                                8.4.3.3. Healthcare

                                8.4.3.4. Education

                                8.4.3.5. Retail

                                8.4.3.6. Government

                                8.4.3.7. Utilities

                                8.4.3.8. Travel and Hospitality

                                8.4.3.9. Others

        8.5. Countries with high growth opportunity in Intelligent Virtual Assistant Market will also be covered

9. Competitive Landscape

        9.1. Industry Attractiveness

                9.1.1. Porter 5 Analysis

        9.2. Major players and their key strategies

 

10. Company Profiles

        10.1. Apple

                10.1.1. Company Overview

                10.1.2. Financials

                10.1.3. Recent Developments

        10.2. Alphabet

                10.2.1. Company Overview

                10.2.2. Financials

                10.2.3. Recent Developments

        10.3. Amazon

                10.3.1. Company Overview

                10.3.2. Financials

                10.3.3. Recent Developments

        10.4. Microsoft

                10.4.1. Company Overview

                10.4.2. Financials

                10.4.3. Recent Developments

        10.5. Baidu

                10.5.1. Company Overview

                10.5.2. Financials

                10.5.3. Recent Developments

        10.6. Samsung Electronics

                10.6.1. Company Overview

                10.6.2. Financials

                10.6.3. Recent Developments

        10.7. IBM

                10.7.1. Company Overview

                10.7.2. Financials

                10.7.3. Recent Developments

        10.8. Blackberry

                10.8.1. Company Overview

                10.8.2. Financials

                10.8.3. Recent Developments

        10.9. Inbenta Technologies

                10.9.1. Company Overview

                10.9.2. Financials

                10.9.3. Recent Developments

        10.10. Nuance Communications

                10.10.1. Company Overview

                10.10.2. Financials

                10.10.3. Recent Developments

 

11. Appendix