A smart advisor is an application program, which is used to understand the natural language as well as accomplish all the electronic tasks for the user. In the past, these tasks were performed by personal assistants, for instance, taking reading texts, dictations, or e-mailing messages audibly, taking phone numbers, place calls, anticipate requests, and remind the users regarding scheduled appointments. Presently, smart advisors are programmed with technologies such as voice recognition, AI, and machine learning.
MARKET DYNAMICS
The rising use of AI in various industries intending to automating tasks is the key driver boosting the smart advisors market. The increasing use of social media and smart devices is another significant driver propelling the smart advisors market. The adoption of smart advisors among SMEs provides growth opportunities to the players operating in the smart advisors market. However, technological complexity, high initial cost, and training and skills training may hinder the growth of the smart advisors market during the forecast period.
MARKET SCOPE
The "Global Smart Advisors Market Analysis to 2028" is a specialized and in-depth study of the smart advisors market with a special focus on the global market trend analysis. The report aims to provide an overview of smart advisors market with detailed market segmentation by type and application. The global smart advisors market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart advisors market player and offers key trends and opportunities in the smart advisors market.
MARKET SEGMENTATION
The global smart advisors market is segmented on the basis of type and application. On the basis of type, the market is bifurcated into software and services. Also, by application, the smart advisors market is segmented into BFSI, healthcare, travel and hospitality, education, government, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart advisors market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart advisors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting smart advisors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart advisors market in these regions.
MARKET PLAYERS
The reports cover key developments in the smart advisors market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from smart advisors market are anticipated to lucrative growth opportunities in the future with the rising demand for smart advisors market. Below mentioned is the list of few companies engaged in the smart advisors market.
The report also includes the profiles of key smart advisors market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- [24]7.ai, Inc
- Artificial Solutions
- Creative Virtual Pvt. Ltd.
- CX Company
- eGain Corporation
- IBM Corp
- iDAvatars (IDA)
- Ivanti
- Next IT Corporation
- Nuance Communications Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.