PUBLISHER: QKS Group | PRODUCT CODE: 1637555
PUBLISHER: QKS Group | PRODUCT CODE: 1637555
This product includes two reports: Market Share and Market Forecast.
QKS Group Reveals that Intelligent Virtual Assistants Market is Projected to Register a CAGR of above average by 2028 in Asia (Excluding Japan and China).
Asia ex Japan and China is projected to experience above-average growth in the Intelligent Virtual Assistants (IVAs) market by 2028. The region's rapid digitalization and increasing adoption of AI-driven solutions across various industries are key drivers of this growth. Businesses in Asia ex Japan & China are recognizing the value of IVAs in enhancing customer service and operational efficiency, leading to a surge in demand for these technologies.
QKS Group defines Intelligent Virtual Assistants (IVAs) as AI-powered software entities that engage in human-like conversations to answer questions, provide information, and assist customers. IVAs leverage artificial intelligence, machine learning, and natural language processing technologies to understand and respond to user inquiries in a conversational manner. In the contemporary landscape of business and technology, the IVAs emerge as powerful tools that transcend the realm of individual-use digital assistants.
QKS Group Reveals that Intelligent Virtual Assistants Market is Projected to Register a CAGR of above average by 2028 in Asia (Excluding Japan and China).
The Intelligent Virtual Assistants (IVA) market in Asia, excluding Japan and China, is expected to flourish, driven by the region's expanding digital economy and the increasing need for efficient customer service solutions. Businesses across various industries are adopting IVAs to enhance customer interactions, reduce operational costs, and improve service quality. With advancements in AI and machine learning, IVAs are becoming more sophisticated and capable of handling complex queries and tasks. Asian enterprises are poised to benefit from the deployment of IVA solutions, leading to improved customer satisfaction and competitive advantages in the digital marketplace.
Quadrant Knowledge Solutions defines Intelligent Virtual Assistants as AI-powered software entities that engage in human-like conversations to answer questions, provide information, and assist customers. IVAs leverage artificial intelligence, machine learning, and natural language processing technologies to understand and respond to user inquiries in a conversational manner. In the contemporary landscape of business and technology, the IVAs emerge as powerful tools that transcend the realm of individual-use digital assistants.