Welcome!

News Feed Item

Research and Markets - Virtual Personal Assistants (AI, Smart Advisors, and Intelligent Agents) Market 2016-2021: 6% of US Workers will Lose their Jobs to AI, VPA, Chatbots and Related Technologies

DUBLIN, Dec 1, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Virtual Personal Assistants (VPA): The Market for AI, Smart Advisors, and Intelligent Agents 2016 - 2021" report to their offering.

Research and Markets Logo

The report includes analysis of AI technology integration, VPA applications, and use cases across leading industry verticals.   The report also includes detailed forecasts such as VPA revenue by AI technology (Speech Recognition, Text-to-Speech Recognition, Natural Language Processing, Machine Perception & Learning).

Virtual Personal Assistants (VPA) and Smart Advisors use Autonomous Agents and Smart Machine technology to enable an Ambient User Experience for applications and services.   VPAs are used in communications and commerce scenarios to improve customer experience, operational costs, and lead to new business opportunities.

Leading companies offer VPAs that rely upon Artificial Intelligence (AI) technologies to provide contextual communications and next generation User Interfaces (UI) including conversational and haptic solutions.  While initial benefits are seen in consumer-facing industries, VPAs are anticipated to provide substantial direct and indirect benefits across a wide array of enterprise segments and industry verticals.

This research provides an in-depth assessment of intelligent VPA and Smart Advisor market including the following:

- Global, regional, and country forecasts for 2016 - 2021
- Forecasts for VPA by application area, use case, and industry verticals
- Analysis of the emerging business models, critical success factors, pricing, and more
- Assessment of the emerging VPA market ecosystem including suppliers, customers, and partners
- Assessment of VPA challenges and opportunities including growth drivers, SWOT, and PESTEL analysis
- Analysis of the key market players including their products, solutions, strategies, M&A, and partnerships
- Evaluation of VPA and autonomous agents in all major market segments, business functions, and industry verticals
- Assessment of emerging technologies: AI, Machine Learning, Autonomous Agents, Chatbots, Natural Language Processing, Image Recognition, Voice Recognition and Real Time Operation

Key Findings:

- Consumer VPA revenue in North America will reach $296B USD by 2021
- Leading industries to integrate intelligent agents include automotive, banking, and healthcare
- More than 65% of individuals and 75% of enterprise will use VPA and autonomous agents by 2021
- Six percent of US workers will lose their jobs to AI, VPA, Chatbots and related technologies by 2021
- Lost jobs (mostly in call centers and other customer focused areas) represents lost wages of $262.7B annually

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Overview

4 Ecosystem and Market Impact

5 Technology, Applications and Industry Use Cases

6 Regional Market 2016 - 2021

7 Leading Country Analysis

8 Company and Solution Analysis

9 Conclusions and Recommendations

Companies Mentioned

  • 24Me
  • Assistant.Ai
  • Awesome
  • Blackberry Assistant
  • Braina
  • Buddy
  • Eva
  • Evi
  • Facebook M
  • Gobutler
  • Google Now
  • Hello Alfred
  • Hound
  • Htc Hidi
  • Ibm Watson
  • Jeannie
  • Jibo
  • Julie Desk
  • Magic
  • Maluuba
  • Microsoft Cortana
  • Motion.Ai
  • Mycroft
  • Mywave
  • Nuance
  • Operator
  • Penny
  • Postmates
  • Quip
  • Speaktoit
  • Ubi
  • Vlingo
  • Voice Assistant
  • Zirtual

For more information about this report visit http://www.researchandmarkets.com/research/tt9fpr/virtual_personal

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---virtual-personal-assistants-ai-smart-advisors-and-intelligent-agents-market-2016-2021-6-of-us-workers-will-lose-their-jobs-to-ai-vpa-chatbots-and-related-technologies-300371539.html

SOURCE Research and Markets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
"I focus on what we are calling CAST Highlight, which is our SaaS application portfolio analysis tool. It is an extremely lightweight tool that can integrate with pretty much any build process right now," explained Andrew Siegmund, Application Migration Specialist for CAST, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Evatronix will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Evatronix SA offers comprehensive solutions in the design and implementation of electronic systems, in CAD / CAM deployment, and also is a designer and manufacturer of advanced 3D scanners for professional applications.