Intelligent Virtual Assistant Industry - Regional Synopsis
North America industry is likely to account for largest revenue share by 2037, impelled by good IT infrastructure in the region and increasing use of technology by people in their day- to- day tasks. The companies that dominate this market are located in this region. In the second place comes the market in European region and is followed by the market in Asia Pacific region, where it is growing as countries in this region are developing and innovations in technology are coming into play.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of intelligent virtual assistant is assessed at USD 4.26 billion.
Intelligent Virtual Assistant Market size was over USD 3.53 billion in 2024 and is projected to reach USD 60.32 billion by 2037, growing at around 24.4% CAGR during the forecast period i.e., between 2025-2037.
North America industry is likely to account for largest revenue share by 2037, impelled by good IT infrastructure in the region and increasing use of technology by people in their day- to- day tasks.
The major players in the market are Apple Inc., Oracle Corporation, 24me Ltd., IBM Corporation, Microsoft Corporation, Intel Corporation, SK Telecom Co. Ltd., Artificial Solutions, Creative Virtual, Nuance Communication, and others.
