Health Intelligent Virtual Assistant Market by Technology and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR71034
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The health intelligent virtual assistant market has the potential to grow by USD 2.11 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 36.55%.

This health intelligent virtual assistant market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by technology (speech recognition, text-to-speech, and voice recognition) and geography (North America, Europe, APAC, South America, and MEA). The health intelligent virtual assistant market report also offers information on several market vendors, including Babylon Healthcare Services Ltd., CodeBaby Corp., CSS Corp., eGain Corp., Kognito Solutions LLC, Medrespond LLC, Microsoft Corp., True Image Interactive Inc, Verint Systems Inc., and Welltok Inc. among others.

What will the Health Intelligent Virtual Assistant Market Size be in 2021?

Health-Intelligent-Virtual-Assistant-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Health Intelligent Virtual Assistant Market

 Get Your FREE Sample Now!

Health Intelligent Virtual Assistant Market: Key Drivers and Trends

The rising smartphone users globally coupled with increasing usage of health applications are notably driving the health intelligent virtual assistant market growth, although factors such as data security issues may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the health intelligent virtual assistant industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This health intelligent virtual assistant market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Health Intelligent Virtual Assistant Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Babylon Healthcare Services Ltd.
  • CodeBaby Corp.
  • CSS Corp.
  • eGain Corp.
  • Kognito Solutions LLC
  • Medrespond LLC
  • Microsoft Corp.
  • True Image Interactive Inc
  • Verint Systems Inc.
  • Welltok Inc.

 

The vendor landscape of the health intelligent virtual assistant market entails successful business strategies deployed by the vendors. The health intelligent virtual assistant market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the health intelligent virtual assistant market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Health Intelligent Virtual Assistant Market?

Health-Intelligent-Virtual-Assistant-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

39% of the market’s growth will originate from North America during the forecast period. The US is a key market for health intelligent virtual assistants in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising demand for enhanced customer service in the healthcare industry will facilitate the health intelligent virtual assistant market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Technology Segments in the Health Intelligent Virtual Assistant Market?

Health-Intelligent-Virtual-Assistant-Market-Market-Share-by-Technology-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

The health intelligent virtual assistant market share growth by the speech recognition segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the health intelligent virtual assistant market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Health Intelligent Virtual Assistant Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 36.55%

Market growth 2021-2025

$ 2.11 billion

Market structure

Concentrated

YoY growth (%)

33.25

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 39%

Key consumer countries

US, Germany, UK, China, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Babylon Healthcare Services Ltd., CodeBaby Corp., CSS Corp., eGain Corp., Kognito Solutions LLC, Medrespond LLC, Microsoft Corp., True Image Interactive Inc, Verint Systems Inc., and Welltok Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Factors Covered in this Health Intelligent Virtual Assistant Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive health intelligent virtual assistant market growth during the next five years
  • Precise estimation of the health intelligent virtual assistant market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the health intelligent virtual assistant market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of health intelligent virtual assistant market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Information Technology
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>