Global Intelligent Virtual Assistant Market: Key Highlights
Global Intelligent Virtual Assistant Market: Key Market Dynamics
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Global Intelligent Virtual Assistant Market: Regional Overview
Owing to the rapid adoption of various technology in public and private sector in Europe the demand for the market is expected to increase. According to the European Commission, the Germany is a world leading country in technology, engineering and innovation. Moreover, the Germany government deliver a blockchain strategy of the government that focused on the feature offer by the technology and for digital platform.
However, the faster growing of the technologies may lead to increase the market demand in the forecast period.
The intelligent virtual assistant market in the Asia-Pacific region is projected to witness high demand due to the high adoption smart devices and digitalization in the region. The region can be new models for business with the adoption of various technology as the region has the highly demand for financial sector. China is one of the leading player of new emerging technologies such as artificial intelligence and machine learning market, as it invested heavily on this technologies. Moreover, India has witness have adopted upcoming technologies in banking and insurance which may increase the demand of the market of the projected period.
Global Intelligent Virtual Assistant Market: Key Players Overview
Nuance is an American multinational computer software technology corporation, which delivers solutions that analyze as well as respond to human language and amplifying human intelligence. In 2019, the company revealed Project Pathfinder, a breakthrough technology which uses machine learning as well as the Nuance AI innovation to boost the conversational intelligence of virtual assistants (VAs) and chatbots.
Hence, company announced the Nina has earned a spot on Forrester’s Recommended Product List, which lead to receiving the number one ranking among the 10 most significant Chatbot providers for Enterprise Customer Service.
Intel Corporation is an American multinational corporation and Technology Company, which designs, manufactures, and sells computer components and related products. Whereas, the company offers product such as flash memory, graphic, network and communication, chipsets as well as the digital imaging products. In 2020, the Intel AI powered virtual assistant mobilized to assist reopening of military museum.
Hence, Intel technologies has also power the AI use cases in business, society, as well as in research.
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