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Intelligent Personal Assistant Market Projected to Hit USD 83.66 Billion at a 34.13% CAGR by 2030 – Report by Market Research Future (MRFR)

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New York, US, Nov. 22, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Intelligent Personal Assistant Market Information, by Technology, Deployment, and Region- Forecast 2030”, the global market of intelligent personal assistants is anticipated to show considerable growth during the review timeframe from 2020 to 2030 at a healthy growth rate of approximately 34.13%. The reports further predict the market to attain a valuation of around USD 83.66 billion by the end of 2030.

Intelligent Personal Assistant Market Overview:

An intelligent personal assistant refers to software performing several operations on behalf of the user according to the command given. The global intelligent personal assistants market has showed a enormous development in current times owing to the growing awareness among the people regarding advanced technology, growing advancement in technology, tremendous growth size in the IT sector, and development of joint ventures.

Competitive Analysis

The directory of important members across the global intelligent personal assistant market includes companies such as:

  • Google Inc. (U.S.)
  • IBM (U.S.)
  • Apple Inc. (U.S.)
  • AOL (U.S.)
  • Microsoft (U.S.)
  • Nuance (U.S.)
  • Amazon (U.S.)
  • Facebook Inc. (U.S.)
  • Baidu (China)
  • Artificial Solutions (Spain)

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Intelligent Personal Assistant Market USP Covered

Market Drivers

The global intelligent personal assistant market has showed a enormous development in current times. The parameters supporting the market’s growth include rapidly advancing technologies and the excessive use of mobile phones in the present era.

Market Restraints

On the other hand, the lack of awareness is anticipated to restrict the market’s performance.

Report Scope:

Report Metrics Details
  Market Size by 2030 USD 83.66 Billion
  CAGR during 2022-2030 34.13%
  Base Year 2019
  Forecast 2020-2030
 Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Deployment, Technology
Key Market Opportunities Voice control technology assisted with a personal assistant retention capacity
Key Market Drivers Excessive use of mobile phones

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https://www.marketresearchfuture.com/reports/intelligent-personal-assistant-market-1116

COVID-19 Impact

Unlike other market sectors, the global intelligent personal assistant market has shown considerably positive growth during the pandemic period. Given the growing awareness regarding the advantages offered by these assistants, the global intelligent personal assistant market is projected to grow rapidly over the coming years.

Intelligent Personal Assistant Market Segment Analysis

Amongst all the products, the chatbot segment is projected to hold the top pposition across the market over the forecasted period. On the contrary, the smart speaker segment may show the maximum growth rate over the coming years. Consumers across the residential sector mainly utilize these smart speakers for everyday operations. Additionally, the segment has also witnessed a noticeable development in demand for the execution of smart speakers in automotive functions and smart offices. The growing requirement for a comfortable lifestyle has caused the growth in the implementation of smart speakers and is likely to boost the segment’s growth over the upcoming era.

Chatbot has a comprehensive implementation in the banking and insurance sectors, educational portals, and retail industries. They assist in accessing the needed information and enable the end-users with simplicity of management. Chatbot has achieved market fascination and had massive implementation in the healthcare business. With audio/ speech/ text assistance, these bots help patients, nurses, physicians, and their families at several levels of life. The rising number of social media platforms and the requirement to analyze customer behavior are also likely to boost the segment’s growth over the forecasted period.

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Among all the technologies, the text-to-speech segment is anticipated to lead the global market for intelligent virtual assistants over the assessment era. On the other hand, the automatic speech recognition technology segment is anticipated to show the maximum growth rate over the coming years, given mainly to the wide adoption of smart speakers in several end-use sectors. Smart speakers detect and answer the speech created by consumers in a predefined manner. Furthermore, the increasing implementation of mobile computing technology across the globe is anticipated to catalyze the segment’s growth. It makes it simpler for customers to communicate with smartphones and their applications. The leading smartphone developers like Bose, Google Home, and Amazon-Alexa are based out of the U.S.; therefore, most of the products are introduced and shipped early in the region. The text-to-speech recognition segment is anticipated to grow steadily, given the factors such as the versatile application of the technology profiting educational institutes, personal users, consumers, and businesses. Moreover, it enables content owners to answer several requirements and wishes of users and the way they interact with the content.

Among all the applications, the consumer electronics segment is anticipated to secure the top spot across the global market for intelligent virtual assistants over the review era. On the other hand, the automotive segment is anticipated to show the maximum growth rate over the assessment era. Incorporating virtual assistants with the infotainment system offers personalized content and enhances comfort and convenience.

Intelligent Personal Assistant Market Regional Analysis

The global intelligent personal assistant market is analyzed across five critical geographies: Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

The research reports by MRFR suggest that the North American region is predicted to keep up the highest internationally for intelligent personal assistants over the assessment period. The regional market’s development is assigned to factors such as a high standard of living, more disposable income, and constant technological developments across the region.

The European regional intelligent personal assistant market is anticipated to secure the second spot globally.  

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The Asia-Pacific regional intelligent personal assistant market is predicted to show the highest growth rate over the coming years. Developing nations such as China and India are boosting the regional market’s performance. The constantly growing demand for tablets and smartphones across the region is also believed to catalyze the perfor4mance of the market across the region over the forecasted period.

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Personal Emergency Response Systems (PERS) Market Research Report: By Type , End-User, Region – Forecast 2030

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Artificial Intelligence

Netcompany secures high-profile digital transformation contract with HM Revenue & Customs (HMRC)

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Netcompany wins one of four new build contracts for HMRC. The European IT services company will focus on modernising core digital customer services for HMRC’s Customer Services Group. The contract term is three years with options for two, one-year extensions. The estimated contract spend is £120–£135m over the course of the 5-year term. 
LONDON, May 13, 2024 /PRNewswire/ — Netcompany has won a significant new build contract for His Majesty’s Revenue and Customs (HMRC). It will provide digital transformation services to HMRC’s Customer Services Group (CSG), including the Customer Compliance Group (CCG). Netcompany was selected following a competitive procurement process. 

“We are proud and honoured to be selected to bring our expertise and knowledge to bear in helping enable HMRC’s digitalisation journey,” says André Rogaczewski, CEO, Netcompany. “Improving citizen experience through responsible digitalisation of public services is a core part of our DNA. Through this partnership, Netcompany looks forward to working with HMRC to help realise their digital transformation aspirations, resulting in both better customer services and value to the taxpayer.” 
The contract Netcompany has been awarded to deliver aims to simplify access and management of citizens’ tax affairs, through one personalised digital account. The contract was won through the first phase of competitions run under Crown Commercial Service’s (CCS) Digital and Legacy Application Services (DALAS) framework, Lot 2a – Large Scale Digital, Integration and Development Services.
About Netcompany
Founded in Denmark in 2000, Netcompany is a fast-growing, multinational company, working across 10 countries, with a team of more than 7,700 skilled professionals, who drive sustainable digitisation, consistently improving outcomes for our customers and citizens. Netcompany provides mission-critical IT solutions for societal and business needs, aiding our clients in their digital evolution towards a more efficient and sustainable future. Netcompany UK has extensive experience of working across the public sector, including NHS England, Ministry of Defence, Home Office, HMRC, Department for Education, Department for Environment, Food & Rural Affairs, as well as extensive private sector experience.
About Crown Commercial Service
Crown Commercial Service (CCS) is an Executive Agency of the Cabinet Office, supporting the public sector to achieve maximum commercial value when procuring common goods and services.
To find out more about CCS, visit: www.crowncommercial.gov.ukFollow us on Twitter: @gov_procurementLinkedIn: www.linkedin.com/company/2827044 
Logo: https://mma.prnewswire.com/media/2410706/Netcompany_Logo.jpg

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Bulletin from the extraordinary general meeting in SciBase Holding AB (publ)

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STOCKHOLM, May 13, 2024 /PRNewswire/ — Today, an extraordinary general meeting has been held in SciBase Holding AB (publ) (“SciBase” or the “Company”). The general meeting resolved in accordance with the proposals presented in the notice to attend the meeting (which is available on the Company’s website (www.scibase.com)).

Amendment of the articles of association
The general meeting resolved, in accordance with the board of directors’ three proposals, to amend §§ 4-5 of the articles of association, entailing:
that the articles of association shall be amended so that the share capital shall be not less than SEK 10,065,000 and not more than SEK 40,260,000 and that the number of shares shall be not less than 201,300,000 and not more than 805,200,000,that the articles of association shall be amended so that the share capital shall be not less than SEK 10,780,000 and not more than SEK 43,120,000 and that the number of shares shall be not less than 215,600,000 and not more than 862,400,000, andthat the articles of association shall be amended so that the share capital shall be not less than SEK 11,500,000 and not more than SEK 46,000,000 and that the number of shares shall be not less than 230,000,000 and not more than 920,000,000.The general meeting further resolved, in a accordance with the board of directors’ proposal,  to authorize the board of directors to register with the Swedish Companies Registration Office the above resolution to amend the Articles of Association, the limits of which for the minimum and maximum number of shares in the Company are consistent with the total number of shares in the Company after the rights issue announced on 5 April 2024 and the directed issues of units that the board of directors resolved upon on 5 April 2024 (that were conditional upon the subsequent approval of the general meeting).
Directed issues
The general meeting resolved, in accordance with the board of directors’ proposal, to approve the resolution made by the board of directors on 5 April 2024, on a new issue of a maximum of 74,136,510 units to Ribbskottet AB, Per Olof Ejendal AB, Kåre Gilstring, Robert Molander, MLJK Konsult AB, Klintemar Konsult AB, Jesper Hoiland, Fredrik Mattsson, Stefan Hansson, Theodor Invest AB, Ulti AB, Van Herk Investments B.V., Morningside Group AB, Viktor Drvota and Eric Terhaerdt. The subscription price for each unit is SEK 0.42, corresponding to a subscription price of SEK 0.42 per share. Warrants of series TO 2 are issued free of charge. The issue results in an increase in the number of shares in the Company of a maximum of 74,136,510 shares, entailing a maximum increase of the share capital of SEK 3,706,825.50, and a new issue of a maximum of 370,682,550 warrants of series TO 2 entitling to subscription of 370,682,550 shares in the Company, whereby the share capital may increase by an additional maximum of SEK 18,534,127.50 if all issued warrants of series TO 2 are exercised. In total, the share capital may increase by a maximum of SEK 22,240,953.00.
The general meeting further resolved in accordance with the board of directors’ proposal to approve the resolution made by the board of directors on 5 April 2024, on a new issue of a maximum of 3,755,259 units to Matt Leavitt. The subscription price for each unit is SEK 0.42, corresponding to a subscription price of SEK 0.42 per share. Warrants of series TO 2 are issued free of charge. The issue results in an increase in the number of shares in the Company of a maximum of 3 755 259 shares, entailing a maximum increase of the share capital of SEK 187,762.95, and a new issue of a maximum of 18,776,295 warrants of series TO 2 entitling to subscription of 18,776,295 shares in the Company, whereby the share capital may increase by an additional maximum of SEK 938,814.75 if all issued warrants of series TO 2 are exercised. In total, the share capital may increase by a maximum of SEK 1,126,577.70.
For additional information, please contact:Pia Renaudin, VD, tel. +46732069802, e-mail: [email protected] Advisor (CA):Vator SecuritiesTel: +46 8 580 065 99Email: [email protected]
About SciBase:
SciBase is a global medical technology company, specializing in early detection and prevention in dermatology. SciBase develops and commercializes Nevisense, a unique point-of-care platform that combines AI (artificial intelligence) and advanced EIS technology to elevate diagnostic accuracy, ensuring proactive skin health management.
Our commitment is to minimize patient suffering, allowing clinicians to improve and save lives through timely detection and intervention and reduce healthcare costs.
Built on more than 20 years of research at Karolinska Institute in Stockholm, Sweden, SciBase is a leader in dermatological advancements.
The Company has been on the Nasdaq First North Growth Market exchange since June 2, 2015. Learn more at www.scibase.com. All press releases and financial reports can be found here: http://investors.scibase.se/en/pressreleases
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/scibase/r/bulletin-from-the-extraordinary-general-meeting-in-scibase-holding-ab–publ-,c3977529
The following files are available for download:
https://mb.cision.com/Main/12371/3977529/2790414.pdf
SciBase Bulletin EGM
 

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Experience Abu Dhabi Weixin Mini-Program: Your Gateway to Unforgettable Moments in Abu Dhabi

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ABU DHABI, UAE, May 13, 2024 /PRNewswire/ — Prepare for a memorable journey with the new Experience Abu Dhabi Weixin mini-program, brought to you by Experience Abu Dhabi, in partnership with Tencent Cloud.

Weixin is commonly known as ‘WeChat’ outside of China serves over a billion of monthly active users in the Chinese mainland. Tailored for Chinese visitors, the Weixin mini-program is packed with compelling features that range from interactive maps to itinerary planners – everything they would need to plan their Abu Dhabi experience at their fingertips.
The program not only provides Chinese visitors with first-hand official travel information but also specifically addresses their digital travel needs, offering map guidance and Chinese audio commentary services during the travel process.
The program also introduces ‘Khalifa’, a welcoming Emirati character who serves as Abu Dhabi’s first digital ambassador for culture and tourism. Khalifa isn’t just a tour guide, he’s your virtual companion, ready to engage in conversation and answer all visitor questions about Abu Dhabi!
Whether you’re looking for thrilling attractions, world-class restaurants or inspiring activities, Khalifa will provide personalised recommendations and insider tips to enhance your experience.
About Tencent Cloud
Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.
About the Department of Culture and Tourism – Abu Dhabi:
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) drives the sustainable growth of Abu Dhabi’s culture and tourism sectors and its creative industries, fuelling economic progress and helping to achieve Abu Dhabi’s wider global ambitions.
By working in partnership with the organisations that define the emirate’s position as a leading international destination, DCT Abu Dhabi strives to unite the ecosystem around a shared vision of the emirate’s potential, coordinate effort and investment, deliver innovative solutions, and use the best tools, policies and systems to support the culture and tourism industries.
DCT Abu Dhabi’s vision is defined by the emirate’s people, heritage and landscape. We work to enhance Abu Dhabi’s status as a place of authenticity, innovation, and unparalleled experiences, represented by its living traditions of hospitality, pioneering initiatives and creative thought.
For more information about the Department of Culture and Tourism – Abu Dhabi and the destination, please visit: dct.gov.ae and visitabudhabi.ae 

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