Global Smart Advisors Market – Industry Analysis and Forecast (2019-2027)


Posted July 5, 2021 by mayurikathade

Global smart advisors market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 35.9% during the forecast period.
 
Global smart advisors market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 35.9% during the forecast period.




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Global smart advisors market Definition

Smart advisor is a smart application program or an advisor program that generally uses artificial intelligence technology to understand the natural language and to accomplish several electronics tasks such as reading texts, emailing messages, place calls, remind users about appointments and many others.
Global smart advisors market Dynamics

A growing implementation of artificial intelligence technology and escalating adoption of cloud based and Internet of things based solutions in various end-user industries are the major attractive factors behind the growth of the market. Ongoing advancements in technologies such as voice recognition and machine learning, rising adoption of Smartphone along with increasing necessity for internet and surge in the adoption of smart advisor applications by financial institutions and small and medium sized enterprises are likely to enhance the growth of the market during the forecast period. In addition, smart advisor application provides some major benefits such as reliable, easy, and advanced inspection solutions to industrial enterprises, which is ultimately propelling the growth of the market.

However, lack of knowledge, lack of awareness among emerging economies and high deployment costs are major restraining factors that could hamper the growth of the market.
Global Smart Advisors Market: Segmentation Analysis

By application, the mobile platform segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A rising number of mobile users and high adoption of smart advisor technology to provide real-time notification by using mobile augmented reality, to the users is attributed to the growth of the market. Moreover, an increasing trend of bring your own device (BYOD) in corporate sector is expected to improve the growth of the market during the forecast period.

By industry, financial services segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. Smart advisor technology in financial institutions is a modern digital communication platform which is basically used to improve effectiveness and efficiency of financial advisors. This platform enables financial advisors to electronically mail, print, send and deliver any important document to their clients or customers and also provide benefits such as cost and time saving. Thus, surge in the adoption of smart advisor applications in financial institutions such as banks and insurance firms are attributed to the growth of the market.
Global Smart Advisors Market: Regional Analysis

Region-wise, North America dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The US and Canada are the major contributors behind the growth of the market in the region. The growth is attributed to the rapid adoption of smart advisor technology and increasing requirements for smart services and solutions in various enterprises.

Growing advancements in artificial intelligence, machine learning ad voice recognition technologies, the massive presence of various smart advisor solution and service providers and the rising trend of using cognitive computing technology in smart advisor application is driving the growth of the market.

The objective of the report is to present a comprehensive analysis of the Global Smart Advisors Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Smart Advisors Market dynamics, structure by analyzing the market segments and projects the Global Smart Advisors Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Smart Advisors Market make the report investor’s guide.
The Scope of Global Smart Advisors Market: Inquire before buying

Global Smart Advisors Market, By Component

• Software
• Services
Global Smart Advisors Market, By Application

• Websites
• Social Media
• Mobile Platform
• Contact Centers
Global Smart Advisors Market, By Industry

• Financial Services
• Healthcare
• Consumer Electronics
• Retails
• Travel & Hospitality
• Government
• Education
• Others
Global Smart Advisors Market, By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa
Global Smart Advisors Market, Key Players

Global Players
• Artificial Solutions
• Cisco
• Nuance Communications Inc
• IBM Watson
• Next IT Corporation
• eGain Corporation
• 24/7 Customer Inc
• Netformx
• Broadridge Solutions
• XX
• XX
North America
• Speaktoit Inc
• Codebaby (iDAvatars)
• XX
• XX
Europe
• CX Company
• Creative Virtual Pvt. Ltd
• XX
• XX
Asia Pacific
• Smartadvisors.in©
• XX
• XX

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Last Updated July 5, 2021