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Is virtual digital assistant market valuable?

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As per the survey by Tractica, the market for virtual digital assistant in 2021 is expected to be 11,860.6 million US dollar. The market is shown growing three times higher than its previous years and yielding more revenues. In 2019, the market revenue was 5,314.1 million US dollars whereas in 2020, it was 8,728 million US dollars.

Forecasted revenue for the virtual digital assistant.

The market of virtual digital assistant also shows that million of users are increasing every year.

In 2021, the number for the users are expected to be 1,831 million whereas in 2019 it was 1,376 million and in 2020 it was 1,642 million. The number rose in hundreds of millions from previous years, and it was three times higher than the previous one.

In my opinion, the virtual digital assistant market is quite valuable market with high amount of use of VDA, will definitely present the market a lucrative opportunity for various other scope of innovations or ideas. As the users are increasing so does the market options or the manufacturers behind such production lines.

Source: – Statista (K√ľnstliche Intelligenz)

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