IVA Market Research, Development Status, Emerging Technologies, Revenue, Key Findings and Forecast 2020-2030
IVA Market Overview: In addition, the global IVA Market has been expected to increase at a CAGR of 47.5%, with a value of USD 47,259.2 million over the estimated forecasting years of 2020-2027. The enterprises' increasing demand for effective customer engagement would lead to higher adoption of IVA solutions in such verticals in the near future. At present, the intelligent virtual assistant market is driven by the BFSI industry verticals due to its higher adoption and increasing IT investment. Moreover, the automobile & healthcare are the most profitable vertical segments and are expected to maintain this trend in the upcoming future times. An intelligent virtual assistant is a software specifically developed for the artificial intelligence system. It can stimulate or offer responses similar to human interactions and perform particular tasks like machine learning, deep neural networks and other advancements in artificial intelligence technologies. The intelligence technology ...