Smart Virtual Personal Assistants Market by Type (Voice, Text/Online Chat, Taking and Uploading Pictures, Others), for Industry Vertical (E-Commerce Websites, Mobile Phones, Gaming Application, Online Portals, and Others) and Region – Global Trends and Forecast Analysis, 2018-2025
Publish Date: February 2020 | Format :PDF/Excel | Category: ICT | Pages :103
Smart Virtual Personal Assistants (VPA) use smart technology and act as smart advisors to give great experience to users. VPA’s are software agents that can provide services and perform task for individuals. It creates an interactive environment, which enables user to interact with the machine through text, voice and, image in the form of input.
The global smart virtual personal assistants market is projected to reach USD 5 Billion by 2025 at a CAGR of around 28% during the forecasted period. Advancements in artificial intelligence (AI) and internet of things (IOT) are the primary factors driving growth of virtual personal assistant market. Artificial intelligence combined with analytics is assisting humans in carrying out various tasks like scheduling work, alarms, reminders, etc. IOT is further driving the growth by creating an opportunity to have better machine to machine and machine to human interaction. Globally, the scope of VPS’s is growing wider that VPS’s combined with artificial intelligence are expected to provide contextual communication and the user interface (UI) would have conversational and haptic solutions.
In addition to this, increase in usage of smart phones and rapid growth in social media traffic are helping users to know about benefits offered by virtual personal assistants. Automation of services and demand for digital technologies are also major driving factors for growth of smart virtual personal assistants market. Currently, personalization is on demand and is dominating the market thereby fuelling the growth of virtual personal assistants. Many advanced cars have advanced driver assistance system which are gaining popularity and these make automotive hold majority market share followed by IT and BFSI. Advent of SIRI for IPhone has attracted the customers to use personal assistant devices, which can recognize speech and reply accordingly.
On the basis of type, the global smart virtual personal assistants market is bifurcated into voice, text/online chat, taking and uploading pictures, and others. Among these types, voice is expected to have the largest market share in global smart virtual personal assistants market. E-commerce websites, mobile phones, gaming application, online portals, and others are the industry verticals of the global smart virtual personal assistants market. E-commerce website segment is expected to have highest growth rate in global smart virtual personal assistants market.
The smart virtual personal assistants market is analysed across North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa. Currently, the smart virtual personal assistants market is being dominated by North America and is followed by Western Europe. In Asia-Pacific, smart virtual personal assistants market is expected to grow at an increased speed post 2022 in major countries like India, China, and Japan.
The report covered the detailed competitive analysis including company profiles of the major industry players operating in the global smart virtual personal assistants market. Key players profiled in the report are Creative Virtual Ltd., SK Telecom Co, Ltd., Facebook, Intel Corporation, Microsoft Corporation, IBM Corporation, Amazon.com, Inc., Apple Inc., Oracle Corporation, and Nuance Communications, Inc.
The report segments the global smart virtual personal assistants market as follows:
Smart Virtual Personal Assistants Market, Type Segment Analysis
- Voice
- Text/Online Chat
- Taking and Uploading Pictures
- Others
Smart Virtual Personal Assistants Market, Industry Vertical Segment Analysis
- E-Commerce Websites
- Mobile Phones
- Gaming Application
- Online Portals
- Others
Smart Virtual Personal Assistants Market, Region Segment Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Chapter 1 Introduction
1.1. Research Objective
1.2. Market Introduction
1.3. Market Segmentation
1.4. Report Highlights
Chapter 2 Research Scope & Methodology
2.1. Report Scope
2.2. Market Research Methodology
2.2.1. Data Mining
2.2.2. Data Analysis
2.2.3. Data Validation
2.2.4. Secondary Research
2.2.5. Primary Research
2.2.6. Model
2.3. Market Size Estimation
Chapter 3 Executive Summary
Chapter 4 Smart Virtual Personal Assistants Market Size
4.1. Global Smart Virtual Personal Assistants Market Size (USD Billion) and Growth Rate (%) Analysis, 2018-2025
Chapter 5 Market Dynamics
5.1. Market Drivers
5.1.1. Global Smart Virtual Personal Assistants Market Drivers: Impact Analysis
5.1.2. Advancements in artificial intelligence (AI) and internet of things (IOT)
5.1.3. Increase in usage of smart phones and rapid growth in social media traffic
5.1.4. Automation of services and demand for digital technologies
5.2. Market Restrains
5.2.1. Global Smart Virtual Personal Assistants Market Restraints: Impact Analysis
5.2.2. Restraint 1
5.3. Market Opportunities
5.3.1. Opportunity 1
5.3.2. Opportunity 2
5.4. Value Chain Analysis
5.5. Porter's Five Forces Analysis
5.5.1. Threat of new entrants
5.5.2. Threat of substitutes
5.5.3. Bargaining power of customers
5.5.4. Bargaining power of suppliers
5.5.5. Industry rivalry
5.6. Regulatory Framework
5.7. Price Trend Analysis
Chapter 6 Smart Virtual Personal Assistants Market Analysis, by Type
6.1. Segment Overview
6.2. Smart Virtual Personal Assistants Market Share (%), by Type in 2019 & 2025
6.3. Market Attractiveness Analysis, by Type
6.4. Voice
6.4.1. Smart Virtual Personal Assistants Market Analysis by Voice, 2018-2025
6.5. Text/Online chat
6.5.1. Smart Virtual Personal Assistants Market Analysis by Text/Online chat, 2018-2025
6.6. Taking and uploading picture
6.6.1. Smart Virtual Personal Assistants Market Analysis by Taking and uploading picture, 2018-2025
6.7. Others
6.7.1. Smart Virtual Personal Assistants Market Analysis by Others, 2018-2025
Chapter 7 Smart Virtual Personal Assistants Market Analysis, by Industry Vertical
7.1. Segment Overview
7.2. Smart Virtual Personal Assistants Market Share (%), by Industry Vertical in 2019 & 2025
7.3. Market Attractiveness Analysis, by Industry Vertical
7.4. E-commerce Website
7.4.1. Smart Virtual Personal Assistants Market Analysis for E-commerce Website, 2018-2025
7.5. Mobile Phones
7.5.1. Smart Virtual Personal Assistants Market Analysis for Mobile Phones, 2018-2025
7.6. Gaming Application
7.6.1. Smart Virtual Personal Assistants Market Analysis for Gaming Application, 2018-2025
7.7. Online Portals
7.7.1. Smart Virtual Personal Assistants Market Analysis for Online Portals, 2018-2025
7.8. Others
7.8.1. Smart Virtual Personal Assistants Market Analysis for Other Industry Verticals, 2018-2025
Chapter 8 North America Smart Virtual Personal Assistants Market Analysis
8.1. North America Smart Virtual Personal Assistants Market Overview
8.2. North America Smart Virtual Personal Assistants Market Size, by Type, 2018-2025
8.2.1. Voice
8.2.2. Text/Online
8.2.3. Taking and uploading pictures
8.2.4. Others
8.3. North America Smart Virtual Personal Assistants Market Size, by Industry Vertical, 2018-2025
8.3.1. E-commerce Website
8.3.2. Mobile Phones
8.3.3. Gaming Application
8.3.4. Online Portals
8.3.5. Others
8.4. North America Smart Virtual Personal Assistants Market Size, by Country, 2018-2025
8.4.1. U.S.
8.4.2. Canada
8.4.3. Mexico
Chapter 9 Europe Smart Virtual Personal Assistants Market Analysis
9.1. Europe Smart Virtual Personal Assistants Market Overview
9.2. Europe Smart Virtual Personal Assistants Market Size, by Type, 2018-2025
9.2.1. Voice
9.2.2. Text/Online
9.2.3. Taking and uploading pictures
9.2.4. Others
9.3. Europe Smart Virtual Personal Assistants Market Size, by Industry Vertical, 2018-2025
9.3.1. E-commerce Website
9.3.2. Mobile Phones
9.3.3. Gaming Application
9.3.4. Online Portals
9.3.5. Others
9.4. Europe Smart Virtual Personal Assistants Market Size, by Country, 2018-2025
9.4.1. UK
9.4.2. Germany
9.4.3. France
9.4.4. Russia
9.4.5. Rest of Europe
Chapter 10 Asia Pacific Smart Virtual Personal Assistants Market Analysis
10.1. Asia Pacific Smart Virtual Personal Assistants Market Overview
10.2. Asia Pacific Smart Virtual Personal Assistants Market Size, by Type, 2018-2025
10.2.1. Voice
10.2.2. Text/Online
10.2.3. Taking and uploading pictures
10.2.4. Others
10.3. Asia Pacific Smart Virtual Personal Assistants Market Size, by Industry Vertical, 2018-2025
10.3.1. E-commerce Website
10.3.2. Mobile Phones
10.3.3. Gaming Application
10.3.4. Online Portals
10.3.5. Others
10.4. Asia Pacific Smart Virtual Personal Assistants Market Size, by Country, 2018-2025
10.4.1. China
10.4.2. Japan
10.4.3. India
10.4.4. South Korea
10.4.5. Australia
10.4.6. Rest of Asia Pacific
Chapter 11 Latin America Smart Virtual Personal Assistants Market Analysis
11.1. Latin America Smart Virtual Personal Assistants Market Overview
11.2. Latin America Smart Virtual Personal Assistants Market Size, by Type, 2018-2025
11.2.1. Voice
11.2.2. Text/Online
11.2.3. Taking and uploading pictures
11.2.4. Others
11.3. Latin America Smart Virtual Personal Assistants Market Size, by Industry Vertical, 2018-2025
11.3.1. E-commerce Website
11.3.2. Mobile Phones
11.3.3. Gaming Application
11.3.4. Online Portals
11.3.5. Others
11.4. Latin America Smart Virtual Personal Assistants Market Size, by Country, 2018-2025
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of Latin America
Chapter 12 Middle East & Africa Smart Virtual Personal Assistants Market Analysis
12.1. Middle East & Africa Smart Virtual Personal Assistants Market Overview
12.2. Middle East & Africa Smart Virtual Personal Assistants Market Size, by Type, 2018-2025
12.2.1. Voice
12.2.2. Text/Online
12.2.3. Taking and uploading pictures
12.2.4. Others
12.3. Middle East & Africa Smart Virtual Personal Assistants Market Size, by Industry Vertical, 2018-2025
12.3.1. E-commerce Website
12.3.2. Mobile Phones
12.3.3. Gaming Application
12.3.4. Online Portals
12.3.5. Others
12.4. Middle East & Africa Smart Virtual Personal Assistants Market Size, by Country, 2018-2025
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. South Africa
12.4.4. Rest of MEA
Chapter 13 Competitive Landscape
13.1. Company Market Share Analysis, 2018
13.2. Competitive Scenario
13.2.1. New Product Launches
13.2.2. Regional Expansion and R&D Investments
13.2.3. Merger and Acquisitions
Chapter 14 Company Profiles
14.1. Creative Virtual Ltd
14.1.1. Company Details
14.1.2. Business Overview
14.1.3. Product Portfolio
14.1.4. Financials
14.1.5. Recent Developments
14.2. SK Telecom Co, Ltd.
14.2.1. Company Details
14.2.2. Business Overview
14.2.3. Product Portfolio
14.2.4. Financials
14.2.5. Recent Developments
14.3. Facebook
14.3.1. Company Details
14.3.2. Business Overview
14.3.3. Product Portfolio
14.3.4. Financials
14.3.5. Recent Developments
14.4. Intel Corporation
14.4.1. Company Details
14.4.2. Business Overview
14.4.3. Product Portfolio
14.4.4. Financials
14.4.5. Recent Developments
14.5. Microsoft Corporation
14.5.1. Company Details
14.5.2. Business Overview
14.5.3. Product Portfolio
14.5.4. Financials
14.5.5. Recent Developments
14.6. IBM Corporation
14.6.1. Company Details
14.6.2. Business Overview
14.6.3. Product Portfolio
14.6.4. Financials
14.6.5. Recent Developments
14.7. Amazon.com, Inc.
14.7.1. Company Details
14.7.2. Business Overview
14.7.3. Product Portfolio
14.7.4. Financials
14.7.5. Recent Developments
14.8. Apple Inc.
14.8.1. Company Details
14.8.2. Business Overview
14.8.3. Product Portfolio
14.8.4. Financials
14.8.5. Recent Developments
14.9. Oracle Corporation
14.9.1. Company Details
14.9.2. Business Overview
14.9.3. Product Portfolio
14.9.4. Financials
14.9.5. Recent Developments
14.10. Nuance Communications, Inc.
14.10.1. Company Details
14.10.2. Business Overview
14.10.3. Product Portfolio
14.10.4. Financials
14.10.5. Recent Developments
List of Tables
Table 1 Global Smart Virtual Personal Assistants Market Drivers: Impact Analysis
Table 2 Global Smart Virtual Personal Assistants Market Restraints: Impact Analysis
Table 3 North America Smart Virtual Personal Assistants Market Size (USD Billion), by Type, 2018-2025
Table 4 North America Smart Virtual Personal Assistants Market Size (USD Billion), by Industry Vertical, 2018-2025
Table 5 North America Smart Virtual Personal Assistants Market Size (USD Billion), by Country, 2018-2025
Table 6 Europe Smart Virtual Personal Assistants Market Size (USD Billion), by Type, 2018-2025
Table 7 Europe Smart Virtual Personal Assistants Market Size (USD Billion), by Industry Vertical, 2018-2025
Table 8 Europe Smart Virtual Personal Assistants Market Size (USD Billion), by Country, 2018-2025
Table 9 Asia Pacific Smart Virtual Personal Assistants Market Size (USD Billion), by Type, 2018-2025
Table 10 Asia Pacific Smart Virtual Personal Assistants Market Size (USD Billion), by Industry Vertical, 2018-2025
Table 11 Asia Pacific Smart Virtual Personal Assistants Market Size (USD Billion), by Country, 2018-2025
Table 12 Latin America Smart Virtual Personal Assistants Market Size (USD Billion), by Type, 2018-2025
Table 13 Latin America Smart Virtual Personal Assistants Market Size (USD Billion), by Industry Vertical, 2018-2025
Table 14 Latin America Smart Virtual Personal Assistants Market Size (USD Billion), by Country, 2018-2025
Table 15 Middle East & Africa Smart Virtual Personal Assistants Market Size (USD Billion), by Type, 2018-2025
Table 16 Middle East & Africa Smart Virtual Personal Assistants Market Size (USD Billion), by Industry Vertical, 2018-2025
Table 17 Middle East & Africa Smart Virtual Personal Assistants Market Size (USD Billion), by Country, 2018-2025
List of Figures
Figure 1 Market Research Methodology
Figure 2 Global Smart Virtual Personal Assistants Market Size and Growth Rate Analysis, 2018-2025
Figure 3 Value Chain Analysis
Figure 4 Porter's Five Forces Analysis
Figure 5 Price Trend Analysis
Figure 6 Smart Virtual Personal Assistants Market Share (%), by Type in 2019 & 2025
Figure 7 Smart Virtual Personal Assistants Market Share (%), by Type in 2019 & 2025
Figure 8 Market Attractiveness Analysis, by Type
Figure 9 Smart Virtual Personal Assistants Market Size, by Voice, 2018-2025
Figure 10 Smart Virtual Personal Assistants Market Size, by text/Online, 2018-2025
Figure 11 Smart Virtual Personal Assistants Market Size, by taking and uploading pictures, 2018-2025
Figure 12 Smart Virtual Personal Assistants Market Size, by others, 2018-2025
Figure 13 Smart Virtual Personal Assistants Market Share (%), by Industry Vertical in 2019 & 2025
Figure 14 Market Attractiveness Analysis, by Industry Vertical
Figure 15 Smart Virtual Personal Assistants Market Size, for E-commerce websites, 2018-2025
Figure 16 Smart Virtual Personal Assistants Market Size, for Mobile Phones, 2018-2025
Figure 17 Smart Virtual Personal Assistants Market Size, for Gaming Application, 2018-2025
Figure 18 Smart Virtual Personal Assistants Market Size, for Online Portals, 2018-2025
Figure 19 Smart Virtual Personal Assistants Market Size, for Others, 2018-2025
Figure 20 North America Smart Virtual Personal Assistants Market Size, 2018-2025
Figure 21 Europe Smart Virtual Personal Assistants Market Size, 2018-2025
Figure 22 Asia Pacific Smart Virtual Personal Assistants Market Size, 2018-2025
Figure 23 Latin America Smart Virtual Personal Assistants Market Size, 2018-2025
Figure 24 Middle East & Africa Smart Virtual Personal Assistants Market Size, 2018-2025
Figure 25 Company Market Share (%), 2018
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