Global Smart Advisor Market

Published - Jan 2017 | Category - ICT and Media | No. of Pages - 100+ | Published By - Infinium Global Research

Report Highlights

The Global Smart Advisor market to grow from USD 698.78 Million in 2016 to USD 3184.24 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 35.44%. The year 2016 has been considered as the base year, while the forecast period is upto 2021.
Smart Advisors offer innovative digital communication platform that enhances efficiency and effectiveness for business decision-making process. Smart advisors provides ideal pre-sale information delivery; through an automated delivery system that allows decision makers to access and share relevant documents to stakeholders for marketing and sales campaigns, and other regulatory communications. Smart advisors helps the business decision makers to access thousands of documents via Smart Library system.
Increasing need to bring analytics in business decision drives the smart advisor market. Furthermore, increasing demand for customer analytics and widespread use of social media and mobile applications for business collaboration has fuelled the market growth. However, complexity in application deployment and difficulty in adhering to regulatory compliances limits the adoption of smart advisors.
Cloud-based deployment holds the largest market and expected to reflect highest compounded annual growth rate over the forecast period. This is attributed to flexibility, and scalability that it offers towards deployment of smart advisors. Moreover, it also reduces initial investment and also offer sustainability to small and medium, size businesses.
Among usage, mobile platform segment is projected to reflect highest compounded annual growth rate during the forecast period. This is attributed to increasing use of mobile devices for accessing wed and applications. Among verticals, healthcare segment is expected to reflect highest growth rate owing to increasing need to integrate patient engagement systems with smart advisors for delivering better physician experience and healthcare to patients. Banking, Financial services and Insurance (BFSI) sector is expected to reflect highest adoption of smart advisors applications.

Segments Covered:
The report segments the smart advisor market by type, usage, vertical and deployment type. The type segment includes solutions and services. The usage segment includes contact centers, mobile platform, social media and websites. The vertical segment includes banking, financial services & insurance, education, energy & utilities, government, healthcare & life sciences, retail, telecommunication & it, travel & hospitality and others. The deployment type segment includes cloud and on-premise.

Companies Profiled:
The companies covered in the report include [24]7 Customer, Artificial Solutions, Creative Virtual, CX Company, eGain Corporation - NASDAQ:EGAN, iDAvatar, International Business Machines Corporation - NYSE:IBM, Next IT Corporation, Nuance Communications - NASDAQ:NUAN and Speaktoit.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America leads the global smart advisor market followed by Europe and Asia-Pacific.The smart advisor market in Asia-Pacific is projected to reflect highest CAGR over the forecast period.
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of smart advisor globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and value chain analysis of smart advisor. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the smart advisor market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.

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