Posts Tagged: "digital assistant"

The next decade should see a major increase in intelligent virtual assistants with market research firms predicting that the market will grow at a compound annual growth rate (CAGR) from 34.9 percent up to 38 percent between 2016 and 2024, reaching a global market size which could be as large as $12.28 billion by 2024. Industry sectors where virtual assistants will see major applications develop soon include banking, financial services and insurance, due in large part to the growth of mobile banking, as well as end-uses in the healthcare and e-commerce sectors.