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LAMEA Intelligent Virtual Assistant (IVA) Market Analysis & Forecasts 2017-2023, With an Expected CAGR of 38.5% - ResearchAndMarkets.com

July 30, 2018

DUBLIN--(BUSINESS WIRE)--Jul 30, 2018--The “LAMEA Intelligent Virtual Assistant (IVA) Market Analysis (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The Latin America, Middle East and Africa Intelligent Virtual Assistant (IVA) Market is expected to witness market growth of 38.5% CAGR during the forecast period (2017 - 2023).

IVA is software driven assistant which uses artificial intelligence to model the human interaction to perform multiple tasks. IVA helps in managing connected cars, and homes and some of the leading examples of IVA are Google Assistant, Apple Siri, Microsoft’s Cortana, and Amazon Echo. Growing trend of outsourcing, growing mobile workforce, increased focus on customer engagement are the factors that are driving the market for intelligent virtual assistants. Adoption of mobile computer technology is expected to significantly contribute to the demand for speech recognition technology, enabling easy interaction with smartphones and its applications. Additionally, growing demand for technology in various applications including automotive, BFSI, and healthcare is expected to drive the market during the forecast period.

Based on Technology, the Intelligent Virtual Assistant (IVA) market segments the market into Text to Speech and Automatic Speech Recognition. Based on Vertical, the market report segments the market into BFSI, Retail & Ecommerce, Automotive, Healthcare, and Others. Based on Countries, the Intelligent Virtual Assistant (IVA) market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa Intelligent Virtual Assistant (IVA) Market.

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. LAMEA Intelligent Virtual Assistant Market

4. LAMEA Intelligent Virtual Assistant Market by Technology

5. LAMEA Intelligent Virtual Assistant Market by Country

6. Competitive Study

7. Company Profiles

Companies Mentioned

Oracle Corporation Nuance Communications, Inc. Microsoft Corporation Inbenta Technologies Samsung Electronics Co. Ltd. Apple, Inc. IBM Corporation Intel Corporation Google, Inc. Amazon.com, Inc. (Amazon Web Services)

For more information about this report visit https://www.researchandmarkets.com/research/5ztsnq/lamea_intelligent?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005392/en/

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Related Topics:Artificial Intelligence

KEYWORD: NORTH AMERICA CENTRAL AMERICA SOUTH AMERICA AFRICA MIDDLE EAST

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/30/2018 08:57 AM/DISC: 07/30/2018 08:57 AM

http://www.businesswire.com/news/home/20180730005392/en

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