Intelligent Virtual Assistant Market by Product (Chatbots and Smart Speakers), Technology (Text-to-Speech, Speech Recognition, and Text-Based), Industry Vertical (BFSI, IT & Telecommunications, Defense & Government, Retail, Healthcare, Travelling & Hospitality, Automotive, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

3442
Present Value (M$)
2019
44255
Forecast Value (M$)
2027
37.7%
CAGR (%)

The intelligent virtual assistant market size was valued at $ 3,442 billion in 2019, and is projected to reach $ 44,255 million by 2027, growing at a CAGR of 37.7% from 2020 to 2027.

Main companies

  • Alphabet Inc.
  • Amazon.com
  • Inc.
  • Apple Inc.
  • Artificial Solutions
  • EGain Corporation
  • International Business Machines Corporation
  • IPsoft Inc.
  • Nuance Communications
  • Inc.
  • Verint Systems Inc.
  • Samsung Electronics Co.
  • Ltd.