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Worldwide Virtual Assistant Industry to 2025 - Key Drivers, Challenges and Trends - ResearchAndMarkets.com

·3 min read

The "Global Virtual Assistant Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

The publisher has been monitoring the virtual assistant market and it is poised to grow by $4.12 billion during 2021-2025, progressing at a CAGR of almost 12% during the forecast period.

The report on virtual assistant market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the demand for enhanced customer service and smartphones with intelligent virtual assistants supporting human interactions.

The virtual assistant market analysis includes end-user segment, type segment, and geographical landscapes. This study identifies the benefits offered to content consumers, owners, and publishers as one of the prime reasons driving the virtual assistant market growth during the next few years.

Companies Mentioned

  • Alphabet Inc.

  • Amazon.com Inc.

  • Apple Inc.

  • CX Co.

  • eGain Corp.

  • International Business Machines Corp.

  • Nuance Communications Inc.

  • Oracle Corp.

  • Synthetix Ltd.

  • VA Company LLC

The report on virtual assistant market covers the following areas:

  • Virtual assistant market sizing

  • Virtual assistant market forecast

  • Virtual assistant market industry analysis

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market overview

2. Market Landscape

  • Market ecosystem

  • Value chain analysis

3. Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2020

  • Market outlook: Forecast for 2020 - 2025

4. Five Forces Analysis

  • Five forces analysis 2020 & 2025

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

5. Market Segmentation by End-user

  • Market segments

  • Comparison by End-user

  • Automotive - Market size and forecast 2020-2025

  • BFSI - Market size and forecast 2020-2025

  • Government - Market size and forecast 2020-2025

  • Retail - Market size and forecast 2020-2025

  • Others - Market size and forecast 2020-2025

  • Market opportunity by End-user

6. Market Segmentation by Type

  • Market segments

  • Comparison by Type

  • Spoken commands - Market size and forecast 2020-2025

  • Text-to-speech - Market size and forecast 2020-2025

  • Market opportunity by Type

7. Customer Landscape

8. Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2020-2025

  • APAC - Market size and forecast 2020-2025

  • Europe - Market size and forecast 2020-2025

  • South America - Market size and forecast 2020-2025

  • MEA - Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

9. Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

10. Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Alphabet Inc.

  • Amazon.com Inc.

  • Apple Inc.

  • CX Co.

  • eGain Corp.

  • International Business Machines Corp.

  • Nuance Communications Inc.

  • Oracle Corp.

  • Synthetix Ltd.

  • VA Company LLC

11. Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/x3t5p4

View source version on businesswire.com: https://www.businesswire.com/news/home/20210421005753/en/

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ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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