Intelligent Virtual Assistant (IVA) Based Insurance Market Outlook – 2030
A software agent known as an intelligent virtual assistant (IVA) can perform tasks or provide services for a person in response to commands or questions. The term “chatbot” is sometimes used to refer to virtual assistants that can be accessed through online chat in general or specifically. Furthermore, the virtual assistant has grown in popularity across many sectors wherein insurance is one such, as a result of its ability to personalize customer service.
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Key players operating in the global intelligent virtual assistant (IVA) based insurance industry include Inbenta Technologies Inc., Avaamo, EdgeVerve Systems Limited, Creative Virtual Ltd, Baidu Inc., Serviceaide Inc., Kore.ai Inc., Sonos Inc., Bose Corporation and IPsoft Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global intelligent virtual assistant (IVA) based insurance market.
Top Impacting Factors
Increasing Data Explosion Across Firms
Increasing Focus to Improve Customer Experience
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Key Benefits of the Report
- This study presents analytical depiction of the global intelligent virtual assistant (IVA) based insurance market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the intelligent virtual assistant (IVA) based insurance market trends.
- The current market is quantitatively analyzed to highlight the global intelligent virtual assistant (IVA) based insurance market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed intelligent virtual assistant (IVA) based insurance market analysis depending on the present and future competitive intensity of the market.
Intelligent Virtual Assistant (IVA) Based Insurance Market Report Highlights
| Aspects | Details |
|---|---|
| By Product | ChatbotsSmart Speakers |
| By User Interface | Text-to-TextText-to-SpeechAutomatic Speech Recognition |
| By Region | North America (U.S., Canada)Europe (France, Germany, UK, Rest of Europe)Asia-Pacific (China, Japan, India, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa) |
| Key Market Players | Inbenta Technologies Inc., Avaamo, EdgeVerve Systems Limited, Creative Virtual Ltd, Baidu Inc., Serviceaide Inc., Kore.ai Inc., Sonos Inc., Bose Corporation, IPsoft Inc. |
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