UK Intelligent Virtual Assistant Market Size & Outlook
UK intelligent virtual assistant market, 2017-2030 (US$M)
Related Markets
UK intelligent virtual assistant market highlights
- The UK intelligent virtual assistant market generated a revenue of USD 249.4 million in 2023 and is expected to reach USD 1,225.3 million by 2030.
- The UK market is expected to grow at a CAGR of 25.5% from 2024 to 2030.
- In terms of segment, chatbot was the largest revenue generating product in 2023.
- Smart Speakers is the most lucrative product segment registering the fastest growth during the forecast period.
Intelligent virtual assistant market data book summary
| Market revenue in 2023 | USD 249.4 million |
| Market revenue in 2030 | USD 1,225.3 million |
| Growth rate | 25.5% (CAGR from 2023 to 2030) |
| Largest segment | Chatbot |
| Fastest growing segment | Smart Speakers |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chatbot, Smart Speakers |
| Key market players worldwide | Amazon.com Inc, Apple Inc, Baidu Inc ADR, Alphabet Inc Class A, International Business Machines Corp, EGain Corp, Microsoft Corp, Verint Systems Inc, Nuance Communications, Oracle Corp |
Other key industry trends
- In terms of revenue, UK accounted for 8.1% of the global intelligent virtual assistant market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK intelligent virtual assistant market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,225.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Intelligent Virtual Assistant Market Scope
Intelligent Virtual Assistant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK intelligent virtual assistant market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intelligent virtual assistant market will help companies and investors design strategic landscapes.
Chatbot was the largest segment with a revenue share of 70.09% in 2023. Horizon Databook has segmented the UK intelligent virtual assistant market based on chatbot, smart speakers covering the revenue growth of each sub-segment from 2017 to 2030.
- UK Intelligent Virtual Assistant Product Outlook (Revenue, USD Million, 2017-2030)
- Chatbot
- Smart Speakers
- UK Intelligent Virtual Assistant Technology Outlook (Revenue, USD Million, 2017-2030)
- Automatic Speech Recognition
- Text to Speech
- Text based
- UK Intelligent Virtual Assistant Application Outlook (Revenue, USD Million, 2017-2030)
- BFSI
- Consumer Electronics
- Automotive
- Healthcare
- Education
- Retail
- IT & Telecom
- Travel & Hospitality
- Others
Reasons to subscribe to UK intelligent virtual assistant market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK intelligent virtual assistant market databook
-
Our clientele includes a mix of intelligent virtual assistant market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK intelligent virtual assistant market , including forecasts for subscribers. This country databook contains high-level insights into UK intelligent virtual assistant market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK intelligent virtual assistant market size, by product, 2017-2030 (US$M)
UK Intelligent Virtual Assistant Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
