Asia Pacific Intelligent Virtual Assistant Market – Industry Analysis and Market Forecast (2019-2026) _ Product (Chatbots, IVA Smart Speaker), Type (Rule based, Conversational AI based), User Interface (Text Based, Text-To-Speech and Others), Industry (Consumer Electronics, BFSI, Healthcare and Others) and Geography


Asia Pacific Intelligent Virtual Assistant Market is expected to grow at a CAGR of 37.6% during the forecast period. Asia Pacific Intelligent Virtual Assistant Market is expected to reach US$ 6.19 Bn. by2026.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

Asia Pacific Intelligent Virtual Assistant Market

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A virtual assistant, also known as AI assistant or digital assistant, is an application platform that understands normal language voice commands and completes tasks for the user. Virtual assistants are also contrasted with an alternative type of consumer-facing AI programming, known as smart advisers. Smart adviser programs are subject-oriented, making virtual assistants more task-oriented. Virtual assistants are usually cloud-based programs that need internet-connected devices and applications to work.

The Asia Pacific intelligent virtual assistant market is segmented on the basis of product, type, user interface, industry, and geography. Based on product, the Asia Pacific intelligent virtual assistant market comprises of chatbots and IVA smart speakers. By type, the market includes rule based, and conversational AI (artificial intelligence) based segments. Considering the user interface segment for the Asia Pacific market, the text based, text-to-speech, automatic speech recognition (ASR), and others are considered within the scope of our report. Consumer electronics, BFSI, government, retail, utilities, healthcare, education, travel and hospitality among others are the different industries that are reflected within the scope of our study.

The technologies powering virtual assistants need massive amounts of data that feeds artificial intelligence (AI) platforms, consisting of machine learning, natural language processing and speech recognition platforms. Virtual assistants are rapidly evolving to deliver more capabilities and significance to users. As speech recognition and normal language processing advances, it will enhance virtual assistant's ability to understand as well as perform requests. With improvement in voice recognition technology virtual assistant use will further deepen the business workflows.

Huawei in China, is apparently one such company that is looking to work on this untapped market by making its own virtual assistant specifically for China market. There are numerous international Huawei products that assimilate either Google Assistant or Alexa, but different from the versions sold in Chinese markets.

The Asia Pacific is one of the major markets for intelligent virtual assistant globally where China and India among others are the two major regions profiled under this report. Virtual assistant solutions are extensively used in the BFSI sector that has seen huge growth in the Asia Pacific region. Owing to the faster response time, upgraded customer treatment and higher customer satisfaction have posed the market for virtual assistant in the BFSI sector. However, consumer electronics segment would witness one of the fastest growth during the forecast period. The growth would be mostly driven by the fast growing infotainment systems in mobiles and tablets. All these will together support in boosting the market growth of intelligent virtual assistants in Asia Pacific.

Asia Pacific Intelligent Virtual Assistant Market, Key Highlights:

• Asia Pacific Intelligent Virtual Assistant market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing growth of the Asia Pacific Intelligent Virtual Assistant market
• Intelligent Virtual Assistant market segmentation on the basis of type, product, user interface, industry, and geography
• Intelligent Virtual Assistant market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study
• Intelligent Virtual Assistant market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, market positioning and analysis of core competencies
• Competitive landscape of the key players operating in the Intelligent Virtual Assistant market including competitive developments, investments, and strategic expansion

Some of the key players of the Asia Pacific Intelligent Virtual Assistant market include:

• Microsoft
• Samsung Electronics
• Apple
• International Business Machines (IBM)
• Nuance Communications
• Alphabet
• Amazon
• Facebook
• Huawei
• Baidu
• Artificial Solutions
• Cognitive Code
• Sinostep
• Alibaba
• Tomoyo S
• Brickwork India
• Habiliss
• Task Barge
• Acelerar
• AskSunday
• Hubstaff Talent

Asia Pacific Intelligent Virtual Assistant Market, Key Target Audience:

• Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
• IVA module designers and manufacturers
• Associations, forums, and alliances related to intelligent virtual assistant
• Investors
• Start-up companies
• Raw material suppliers
• Market research and consulting firms
• Government and regulatory authorities

Scope of the Asia Pacific Intelligent Virtual Assistant Market :  Inquire before buying

The research report segments Asia Pacific Intelligent Virtual Assistant market based on type, product, user interface, industry, and geography.

Asia Pacific Intelligent Virtual Assistant Market, By Type:

• Rule based
• Conversational AI based

Asia Pacific Intelligent Virtual Assistant Market, By Product:

• Chatbots
• IVA Smart Speakers

Asia Pacific Intelligent Virtual Assistant Market, By User Interface:

• Text Based
• Text-To-Speech
• Automatic Speech Recognition (ASR)
• Others

Asia Pacific Intelligent Virtual Assistant Market, By Industry:

• Consumer Electronics
• BFSI
• Government
• Retail
• Utilities
• Healthcare
• Education
• Travel and Hospitality
• Others

Asia Pacific Intelligent Virtual Assistant Market, By Geography:

• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia

Asia Pacific Intelligent Virtual Assistant Market, Geographic Analysis:

• Breakdown of China Retail Analytics market
• Breakdown of Japan Retail Analytics market
• Breakdown of India Retail Analytics market
• Breakdown of South Korea Retail Analytics market
• Breakdown of Australia Retail Analytics market

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Asia Pacific Intelligent Virtual Assistant Market

1. EXECUTIVE SUMMARY

2. RESEARCH METHODOLOGY
2.1. Market Definition
2.2. Market Scope
2.3. Data Sources

3. MARKET VARIABLES & SCOPE
3.1. Market Segmentation & Scope
3.2. Market Driver Analysis
3.3. Market Restraint Analysis
3.4. Porter’s Five Forces Analysis
3.5. PESTLE Analysis

4. ASIA PACIFIC INTELLIGENT VIRTUAL ASSISTANT TYPE ESTIMATES & TREND ANALYSIS (2019 – 2026)
4.1. Intelligent Virtual Assistant Market: Type Analysis
4.2. Rule based Intelligent Virtual Assistant
4.2.1. Rule based Intelligent Virtual Assistant market, 2019 – 2026 (USD Billion)
4.3. Conversational AI based Intelligent Virtual Assistant
4.3.1. Conversational AI based Intelligent Virtual Assistant market, 2019 – 2026 (USD Billion)

5. ASIA PACIFIC INTELLIGENT VIRTUAL ASSISTANT PRODUCT ESTIMATES & TREND ANALYSIS (2019 – 2026)
5.1. Intelligent Virtual Assistant Market: Product Analysis
5.2. Chatbots Intelligent Virtual Assistant
5.2.1. Chatbots Intelligent Virtual Assistant market, 2019 – 2026 (USD Billion)
5.3. IVA Smart Speakers Intelligent Virtual Assistant
5.3.1. IVA Smart Speakers Intelligent Virtual Assistant market, 2019 – 2026 (USD Billion)
6. ASIA PACIFIC INTELLIGENT VIRTUAL ASSISTANT USER INTERFACE ESTIMATES & TREND ANALYSIS (2019 – 2026)

6.1. Intelligent Virtual Assistant Market: User Interface Analysis
6.2. Text Based Intelligent Virtual Assistant
6.2.1. Text Based Intelligent Virtual Assistant market, 2019 – 2026 (USD Billion)
6.3. Text-To-Speech Intelligent Virtual Assistant
6.3.1. Text-To-Speech Intelligent Virtual Assistant market, 2019 – 2026 (USD Billion)
6.4. Automatic Speech Recognition (ASR) Intelligent Virtual Assistant
6.4.1. Automatic Speech Recognition (ASR) Intelligent Virtual Assistant market, 2019 – 2026 (USD Billion)
6.5. Others
6.5.1. Others market, 2019 – 2026 (USD Billion)

7. ASIA PACIFIC INTELLIGENT VIRTUAL ASSISTANT INDUSTRY ESTIMATES & TREND ANALYSIS (2019 – 2026)
7.1. Intelligent Virtual Assistant Market: Industry Analysis
7.2. BFSI
7.2.1. BFSI Firms market, 2019 – 2026 (USD Billion)
7.3. Consumer Electronics
7.3.1. Consumer Electronics market, 2019 – 2026 (USD Billion)
7.4. Government
7.4.1. Government Level Monitoring market, 2019 – 2026 (USD Billion)
7.5. Utilities
7.5.1. Utilities market, 2019 – 2026 (USD Billion)
7.6. Healthcare
7.6.1. Healthcare market, 2019 – 2026 (USD Billion)
7.7. Retail
7.7.1. Retail Level Monitoring market, 2019 – 2026 (USD Billion)
7.8. Education
7.8.1. Education market, 2019 – 2026 (USD Billion)
7.9. Travel and Hospitality
7.9.1. Travel and Hospitality market, 2019 – 2026 (USD Billion)
7.10. Others
7.10.1. Others Level Monitoring market, 2019 – 2026 (USD Billion)

8. REGIONAL ESTIMATES & TREND ANALYSIS (2019 – 2026)
8.1. Intelligent Virtual Assistant market share by country, 2016 & 2024
8.2. China
8.2.1. China Retail Analytics market, 2019 – 2026 (USD billion)
8.3. Japan
8.3.1. Japan Retail Analytics market, 2019 – 2026 (USD billion)
8.4. India
8.4.1. India Retail Analytics market, 2019 – 2026 (USD billion)
8.5. South Korea
8.5.1. South Korea Retail Analytics market, 2019 – 2026 (USD billion)
8.6. Australia
8.6.1. Australia Retail Analytics market, 2019 – 2026 (USD billion)

9. MARKET SHARE ANALYSIS
9.1. Regional Intelligent Virtual Assistant Market Share Analysis, by Key Players
9.1.1. China Retail Analytics Market Share Analysis, by Key Players
9.1.2. Japan Retail Analytics Market Share Analysis, by Key Players
9.1.3. India Retail Analytics Market Share Analysis, by Key Players
9.1.4. South Korea Retail Analytics Market Share Analysis, by Key Players
9.1.5. Australia Retail Analytics Market Share Analysis, by Key Players
9.2. Intelligent Virtual Assistant Market: Key Innovators
9.3. Patent Analysis Year 2017

10. MARKET COMPETITION ANALYSIS
10.1. Strategy Framework
10.2. Company Profiles
10.2.1. Microsoft
10.2.1.1. Company overview
10.2.1.2. Key financials
10.2.1.3. Product landscape
10.2.1.4. Strategic initiatives
10.2.1.5. SWOT analysis
10.2.2. Samsung Electronics
10.2.2.1. Company overview
10.2.2.2. Key financials
10.2.2.3. Product landscape
10.2.2.4. Strategic initiatives
10.2.2.5. SWOT analysis
10.2.3. Apple
10.2.3.1. Company overview
10.2.3.2. Key financials
10.2.3.3. Product landscape
10.2.3.4. Strategic initiatives
10.2.3.5. SWOT analysis
10.2.4. International Business Machines (IBM)
10.2.4.1. Company overview
10.2.4.2. Key financials
10.2.4.3. Product landscape
10.2.4.4. Strategic initiatives
10.2.4.5. SWOT analysis
10.2.5. Nuance Communications
10.2.5.1. Company overview
10.2.5.2. Key financials
10.2.5.3. Product landscape
10.2.5.4. Strategic initiatives
10.2.5.5. SWOT analysis
10.2.6. Alphabet
10.2.6.1. Company overview
10.2.6.2. Key financials
10.2.6.3. Product landscape
10.2.6.4. Strategic initiatives
10.2.6.5. SWOT analysis
10.2.7. Amazon
10.2.7.1. Company overview
10.2.7.2. Key financials
10.2.7.3. Product landscape
10.2.7.4. Strategic initiatives
10.2.7.5. SWOT analysis
10.2.8. Facebook
10.2.8.1. Company overview
10.2.8.2. Key financials
10.2.8.3. Product landscape
10.2.8.4. Strategic initiatives
10.2.8.5. SWOT analysis
10.2.9. HUAWEI
10.2.9.1. Company overview
10.2.9.2. Key financials
10.2.9.3. Product landscape
10.2.9.4. Strategic initiatives
10.2.9.5. SWOT analysis
10.2.10. Baidu
10.2.10.1. Company overview
10.2.10.2. Key financials
10.2.10.3. Product landscape
10.2.10.4. Strategic initiatives
10.2.10.5. SWOT analysis
10.2.11. Baidu
10.2.11.1. Company overview
10.2.11.2. Key financials
10.2.11.3. Product landscape
10.2.11.4. Strategic initiatives
10.2.11.5. SWOT analysis
10.2.12. Artificial Solutions
10.2.12.1. Company overview
10.2.12.2. Key financials
10.2.12.3. Product landscape
10.2.12.4. Strategic initiatives
10.2.12.5. SWOT analysis
10.2.13. Cognitive Code
10.2.13.1. Company overview
10.2.13.2. Key financials
10.2.13.3. Product landscape
10.2.13.4. Strategic initiatives
10.2.13.5. SWOT analysis
10.2.14. Sinostep
10.2.14.1. Company overview
10.2.14.2. Key financials
10.2.14.3. Product landscape
10.2.14.4. Strategic initiatives
10.2.14.5. SWOT analysis
10.2.15. Alibaba
10.2.15.1. Company overview
10.2.15.2. Key financials
10.2.15.3. Product landscape
10.2.15.4. Strategic initiatives
10.2.15.5. SWOT analysis
10.2.16. Tomoyo S
10.2.16.1. Company overview
10.2.16.2. Key financials
10.2.16.3. Product landscape
10.2.16.4. Strategic initiatives
10.2.16.5. SWOT analysis
10.2.17. Brickwork India
10.2.17.1. Company overview
10.2.17.2. Key financials
10.2.17.3. Product landscape
10.2.17.4. Strategic initiatives
10.2.17.5. SWOT analysis
10.2.18. Habiliss
10.2.18.1. Company overview
10.2.18.2. Key financials
10.2.18.3. Product landscape
10.2.18.4. Strategic initiatives
10.2.18.5. SWOT analysis
10.2.19. Task Barge
10.2.19.1. Company overview
10.2.19.2. Key financials
10.2.19.3. Product landscape
10.2.19.4. Strategic initiatives
10.2.19.5. SWOT analysis
10.2.20. Acelerar
10.2.20.1. Company overview
10.2.20.2. Key financials
10.2.20.3. Product landscape
10.2.20.4. Strategic initiatives
10.2.20.5. SWOT analysis
10.2.21. AskSunday
10.2.21.1. Company overview
10.2.21.2. Key financials
10.2.21.3. Product landscape
10.2.21.4. Strategic initiatives
10.2.21.5. SWOT analysis
10.2.22. Hubstaff Talent
10.2.22.1. Company overview
10.2.22.2. Key financials
10.2.22.3. Product landscape
10.2.22.4. Strategic initiatives
10.2.22.5. SWOT analysis
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