Global Intelligent Virtual Assistants Software Market Growth (Status and Outlook) 2024-2030

Global Intelligent Virtual Assistants Software Market Growth (Status and Outlook) 2024-2030

Intelligent virtual assistants (IVAs), also known as virtual agents and digital employees, allow businesses’ customers or clients to engage with them in a conversational manner. Conversations conducted with these bots are human like and natural.

The global Intelligent Virtual Assistants Software market size is projected to grow from US$ 2708.8 million in 2023 to US$ 5812.8 million in 2030; it is expected to grow at a CAGR of 11.5% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Intelligent Virtual Assistants Software Industry Forecast” looks at past sales and reviews total world Intelligent Virtual Assistants Software sales in 2023, providing a comprehensive analysis by region and market sector of projected Intelligent Virtual Assistants Software sales for 2024 through 2030. With Intelligent Virtual Assistants Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Intelligent Virtual Assistants Software industry.

This Insight Report provides a comprehensive analysis of the global Intelligent Virtual Assistants Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Intelligent Virtual Assistants Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Intelligent Virtual Assistants Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Intelligent Virtual Assistants Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Intelligent Virtual Assistants Software.

Some of the future market trends of Intelligent Virtual Assistants Software are:

The shift from reactive to proactive capacity management: Businesses are moving from a reactive approach of addressing capacity issues after they occur to a proactive approach of anticipating and preventing them before they impact the service quality or customer satisfaction. This requires more advanced software that can provide real-time visibility, predictive analytics, and automated actions to optimize capacity across the IT infrastructure.

The integration of capacity management with other IT processes: Businesses are looking for software that can integrate capacity management with other IT processes, such as performance management, configuration management, incident management, and change management. This enables businesses to have a unified view of their IT infrastructure and resources, and align their capacity planning with their business objectives and priorities. It also helps businesses to improve collaboration and communication across different IT teams and stakeholders.

The adoption of artificial intelligence and machine learning: Businesses are leveraging artificial intelligence (AI) and machine learning (ML) technologies to enhance their capacity management capabilities. These technologies can help businesses to automate data collection and analysis, generate insights and recommendations, identify patterns and anomalies, and optimize resource allocation and scaling. They can also help businesses to adapt to dynamic and complex IT environments, such as hybrid cloud, edge computing, and software-defined infrastructure.

This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Virtual Assistants Software market by product type, application, key players and key regions and countries.

Segmentation by type
Rule Based
Conversational AI Based

Segmentation by application
Government
Retail and eCommerce
Healthcare and Life Sciences
BFSI
Transportation and Logistics
Telecom and IT
Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Conversica
e-bot7
ultimate.ai
Ada
Microsoft
Nuance Communications
IPsoft
LogMeIn
Netomi
Actionable Science
AllyO
boost.ai
ChatrHub
CogniCor Technologies
Cognigy
Comm100
Conversocial
Floatbot
GetJenny
Membit
Verint Next IT
ONLIM
interface
Percept.AI
Replicant
Tilde
True Image Interactive
Web Spiders

Please note: The report will take approximately 2 business days to prepare and deliver.