Intelligent Virtual Assistant Market Projected To Raise At USD 51.90 Billion By 2028
San Francisco, 14 June 2021: The Report Intelligent Virtual Assistant Market Size, Share & Trends Analysis Report By Product (Chatbot, Smart Speakers), By Technology (Automatic Speech Recognition, Text to Speech), By Application, By Region, And Segment Forecasts, 2021 - 2028 The global intelligent virtual assistant market size is expected to reach USD 51.90 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 28.5% from 2021 to 2028. The growing use of smart speaker-based technologies for home automation and digitization in the retail sector has led to the implementation of conversational e-commerce. This factor is anticipated to drive market growth. The Intelligent Virtual Assistants (IVAs) help the consumers to find relevant information and perform tasks with actionable advice. The inputs received from IVAs assist the organizations in designing and developing various marketing strategies and implementing th