Market Share of Intelligent Virtual Assistant (IVA) Industry
The intelligent virtual assistant market is moderately competitive and has several significant players. In terms of market share, some of the players currently dominate the market. However, with the advancement of integrated speech and gesture recognition technologies, new players are increasing their market presence and expanding their business footprint across emerging economies. Some of the recent developments in the market are:
In September 2022, eGain Corporation, which makes a platform for automating customer interactions, said that a pre-built connector for IBM Watson Assistant was available. This was done in partnership with IBM. The connector uses eGain's unique BYOBTM (Bring Your Own Bot) architecture to make integrating the Watson Assistant with the eGain platform easy and code-free for business users.
Intelligent Virtual Assistant (IVA) Market Leaders
IBM Corporation
Inbenta Technologies
Sonos Inc.
Apple Inc.
Avaamo Inc.
*Disclaimer: Major Players sorted in no particular order
