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According to a new report LAMEA Intelligent Virtual Assistant Market, published by KBV research, the LAMEA Intelligent Virtual Assistant Market Size would witness market growth of 38.5% CAGR during the forecast period (2017-2023).
The Brazil market holds the largest market share in LAMEA BFSI Intelligent Virtual Assistant Market by Country in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 35.8 % during the forecast period. The Argentina market is expected to witness a CAGR of 38.1% during (2017-2023) in LAMEA Retail & Ecommerce Intelligent Virtual Assistant Market. Additionally, The UAE market is expected to witness a CAGR of 39.1% during (2017-2023) in LAMEA Automotive Intelligent Virtual Assistant Market.
The Automatic Speech Recognition market holds the largest market share in Nigeria Intelligent Virtual Assistant Market by Technology in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 38 % during the forecast period. The Text to Speech market would attain market value of $27.3 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Latin America, Middle East and Africa Intelligent Virtual Assistant (IVA) Market have been discussed in the report with the competition analysis and elaborated company profiles of Oracle Corporation, Nuance Communications, Inc., Microsoft Corporation, Inbenta Technologies, Samsung Electronics Co. Ltd., Apple, Inc., IBM Corporation, Intel Corporation, Google, Inc., and Amazon.com, Inc. (Amazon Web Services)