Are virtual assistants the future?

Are virtual assistants the future?

Gartner predicts that both the consumer and businesses will be spending $3.5 billion by the end of this year, 2021, on what it refers to as Virtual Personal Assistants (VPAs). Gartner predicts that, by 2025, 50\% of knowledge workers will use a virtual assistant on a daily basis, up from 2\% in 2019.

What is the future of voice assistants?

The Future Conversational AI and Voice Assistants By 2024, the global voice-based smart speaker market could be worth $30 billion, which is another indication of the vast market of voice assistants. But with every untapped opportunity comes a ticking clock, to capitalize on it before it loses its competitive advantage.

Is there a market for virtual assistants?

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The intelligent virtual assistant market size was valued at $ 3,442 billion in 2019, and is projected to reach $ 44,255 million by 2027, growing at a CAGR of 37.7\% from 2020 to 2027. An intelligent virtual assistant (IVA) is a software that is developed on artificial intelligence system.

How smart are virtual assistants?

Most virtual assistants are smart enough to understand natural language, but you have to be specific. Using a smart speaker, control other smart devices in your home, such as the thermostat, lights, or security system.

What is the future of Alexa?

According to Amazon’s Rohit Prasad, Alexa will become increasingly embedded in our daily lives, taking a more active role, and even leading two-way conversations. The logical outcome is home robotics, and if anyone can make that a mass-market proposition, it’s going to be Amazon.

What is the future of Google assistant?

The Future of Voice in Mobile Apps with Google Assistant PM and Lead Designer. Voice in mobile apps is one of the top trends for 2021-22. We already have voice assistants in smart speakers, smart home devices, cars, and at the OS level in smartphones. They are now increasingly showing up in mobile apps.

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Is the virtual assistant market saturated?

Another reason why the field of VA’s is not actually saturated is because there are so many ways to tap into this market. Virtual Assistant is a very broad term, and there are nearly limitless possibilities that you can use to carve your niche that will help you land clients.

How much money can you make as a virtual assistant?

Work From Home Virtual Assistant Salary

Annual Salary Monthly Pay
Top Earners $115,000 $9,583
75th Percentile $100,000 $8,333
Average $67,115 $5,592
25th Percentile $31,500 $2,625

What is the future of the virtual assistant in the workplace?

Gartner predicts that, by 2025, 50\% of knowledge workers will use a virtual assistant on a daily basis, up from 2\% in 2019. By 2023, Gartner predicts that 25\% of employee interactions will be voice-based communications.

What is the best virtual assistant for your device?

Currently, there are several different companies developing virtual assistant technology, each targeting their own devices and hardware. For example, Microsoft’s Cortana works best with Windows 10 devices, Amazon’s Alexa works best with Amazon Devices, and Google Home uses its own platform.

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How much money will be spent on virtual personal assistants in 2021?

Gartner predicts that both the consumer and businesses will be spending $3.5 billion by the end of this year, 2021, on what it refers to as Virtual Personal Assistants (VPAs). Consumers have been provided virtual assistant innovation with products like the Amazon Echo, Apple HomePod, and Google Home.

Will we still use voice-controlled assistants in the future?

Another study made in 2017 showed that 98\% believe that they would use voice-controlled assistants 5+ years in the future ( source ). Naturally, we have become more familiar and comfortable with these voice-controlled services over time. Google, Alexa, Siri, Cortana, Viv, Watson, Bixby, Mycroft.