Intelligent Virtual Assistant Market Analysis

  • Report ID: 722
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Intelligent Virtual Assistant Segmentation

The intelligent virtual assistant market is segmented by application, by input type and by region. On the basis of input type, the market is segmented into voice, text and graphic. The voice sub- segment is expected to hold the largest market share as it is more convenient to communicate with the software verbally. The developments taking place in the fields of AI and technology is making it possible to have a virtual assistant that can work just like a human assistant. Further, the Internet of Things (IoT) is gaining popularity, as a result, machine to machine, and machine to human interaction is increasing. Moreover, the virtual assistant can learn and speak the native language of the users and can show results and perform tasks accordingly. The usage of virtual assistants is anticipated to increase across the globe.

Our in-depth analysis of the global market includes the following segments

By Application

  • Navigation Tools
  • Smartphones
  • E-commerce websites
  • Gaming apps
  • Translation devices
  • Online portals

By Input type

  • Voice
  • Text
  • Graphic

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of intelligent virtual assistant is assessed at USD 4.26 billion.

Intelligent Virtual Assistant Market size was over USD 3.53 billion in 2024 and is projected to reach USD 60.32 billion by 2037, growing at around 24.4% CAGR during the forecast period i.e., between 2025-2037.

North America industry is likely to account for largest revenue share by 2037, impelled by good IT infrastructure in the region and increasing use of technology by people in their day- to- day tasks.

The major players in the market are Apple Inc., Oracle Corporation, 24me Ltd., IBM Corporation, Microsoft Corporation, Intel Corporation, SK Telecom Co. Ltd., Artificial Solutions, Creative Virtual, Nuance Communication, and others.
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