Global AI Meeting Assistants Market Overview:
AI meeting assistants are new age tools meant on streamlining and bettering business meetings effectiveness. These tools make use of artificial intelligence to carry out duties like planning, managing the program as well as noting down important points, hence making it possible for one allocate time more wisely and enhance productivity levels. The market for artificial intelligence meeting assistants is growing rapidly, fueled by the growing need to improve meeting efficiency and productivity. Further, developers are focusing to develop the functionality of these assistants by integrating state-of-the-art natural language processing (NLP) techniques. These enhancements include advanced features such as advanced speech recognition, real-time sentiment analysis and seamless two-way data flow to meet the increasingly complex demands of users.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Advancement in Natural Language Processing (NLP) Technology to Enhance Speech Recognition and Transcription
Market Growth Drivers:
Rising Trend of Hybrid and Remote Work Models Across the Globe and Demand for Increased Meeting Efficiency, Focus on Improved Meeting Insights and Analytics
Challenges:
High Cost of Advanced Features May Limit the Adoption in Small Organizations
Restraints:
Concerns About Data Due to Security Breaches or Unauthorized Access
Opportunities:
Focus on Development of Advanced Features Such as Real-Time Sentiment Analysis and Translation Capabilities
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Laxis, Inc. (United States), Fireflies.ai Corp. (United States), Krisp Technologies, Inc. (United States), Avoma (United States), Otter.ai, Inc. (United States), Nyota AI Ltd. (United Kingdom), tl;dv (Germany), Fellow.app (Canada), MeetGeek (Romania), Fathom (United States), Supernormal Technologies, Inc. (United States), Sembly AI (United States) and Equal Time (United States). Analyst at AMA Research see United States Players to retain maximum share of Global AI Meeting Assistants market by 2030. Considering Market by Organization Size, the sub-segment i.e. Small & Medium Enterprises will boost the AI Meeting Assistants market. Considering Market by Functionality, the sub-segment i.e. Collaboration & Topic Tracking will boost the AI Meeting Assistants market. Considering Market by Industry Vertical, the sub-segment i.e. Healthcare will boost the AI Meeting Assistants market. Considering Market by Deployment, the sub-segment i.e. Cloud will boost the AI Meeting Assistants market. Considering Market by Subscription, the sub-segment i.e. Monthly will boost the AI Meeting Assistants market.
What Can be Explored with the AI Meeting Assistants Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global AI Meeting Assistants Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in AI Meeting Assistants
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global AI Meeting Assistants market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in AI Meeting Assistants market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Software Developers and IT companies, End User Industry, Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.