Intelligent Virtual Assistant Market, By Technology (Text-to-speech and Speech recognition and natural language understanding), End users( Individual users, Small and medium enterprise and Large enterprise ) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Major market players are focused on product launches, in order to expand the product portfolio. For instance, in April 2020, Artificial Solutions Ltd. introduced, a business-focused artificial intelligent virtual assistant for private and public sector.
Key players are involved in product launches, in order to gain a competitive edge in the market. For instance, in June 2020, Five9 Inc. introduced Five9 Intelligent Virtual Assistant (IVA), powered by Inference, so as to automate tasks and answer questions.