The artificial intelligence (ai) powered email assistant global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Artificial Intelligence (AI) Powered Email Assistant Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The artificial intelligence (AI)-powered email assistant market size has grown exponentially in recent years. It will grow from $1.44 billion in 2023 to $1.74 billion in 2024 at a compound annual growth rate (CAGR) of 21%. The growth in the historic period can be attributed to increased email volume, rising demand for productivity tools, technological integration, corporate focus on efficiency, growth of remote work, and enhanced natural language processing.
The artificial intelligence (AI)-powered email assistant market size is expected to see exponential growth in the next few years. It will grow to $3.74 billion in 2028 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period can be attributed to increasing email complexity, expansion of remote and hybrid work, advancements in AI and machine learning, focus on personalization, increased cybersecurity concerns, integration with other productivity tools, and demand for multi-channel communication. Major trends in the forecast period include enhanced contextual understanding, development of proactive assistance, integration with voice assistants, emphasis on user experience, real-time analytics and insights, adoption of AI in mobile platforms, and focus on automation of routine tasks.
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Scope Of Artificial Intelligence (AI) Powered Email Assistant Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Artificial Intelligence (AI) Powered Email Assistant Market Overview
Market Drivers –
A rise in remote work is expected to propel the growth of the artificial intelligence-powered email assistant market going forward. Remote work refers to a working arrangement where employees perform their job duties from locations outside of a traditional office environment, often using digital tools and technology to stay connected and collaborate with their team. The increasing inclination towards remote work enables flexible work arrangements and the growing demand for work-life balance, allowing employees to work from home or other locations outside the traditional office. Artificial intelligence-powered email assistants simplify and streamline remote teams’ communication while helping organizations manage email efficiently, enhance productivity, and maintain effective collaboration among dispersed employees. For instance, in April 2023, according to the US Bureau of Labor Statistics, a US-based Government agency, the percentage of establishments with teleworked employees grew from 37.4% in 2021 to 42.2% in 2022. Therefore, the rise in remote work drives the artificial intelligence-powered email assistant market.
Market Trends –
Major companies operating in the artificial intelligence-powered email assistant market are developing artificial intelligence (AI)-powered email marketing assistants to enhance email campaign creation, optimization, and management. AI-powered email marketing assistant leverages artificial intelligence to automate and improve various aspects of email marketing, such as generating subject lines, adjusting tone, and translating content for inclusivity. For instance, in May 2023, Litmus Software Inc., a US-based company that provides web-based email testing and tracking solutions, launched Litmus Assistant. It is an AI-powered solution designed to streamline and enhance email campaign creation. Litmus Assistant offers a range of features to help marketers craft effective email content more efficiently. It includes a subject line generator that provides multiple options based on email copy, a tone of voice tool to align the email’s tone with brand objectives, and a language translator to ensure inclusivity by translating email content into various languages. This new tool aims to optimize email campaigns at scale, enabling marketers to improve engagement and revenue while accelerating the time-to-market for their campaigns.
The artificial intelligence (AI) powered email assistant market covered in this report is segmented –
1) By Type: Personal Email Assistants, Business Email Assistants
2) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Application: Marketing And Communication, Sales, Customer Service, Human Resource (HR) And Recruitment, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the artificial intelligence powered email assistant market in 2023. The regions covered in the artificial intelligence (AI) powered email assistant market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the artificial intelligence (AI) powered email assistant market are Google LLC, Microsoft Corporation, Amazon Web Services Inc. (AWS), Zoho Corporation Pvt Ltd, Drift Inc, Ada Support Inc, Front App Inc, Conversica Inc, Hiver Inc, Superhuman Labs Inc., Reply.io Inc, Amitree Inc, Hunter Web Services Inc., x.AI Inc, Astro Technology Inc, Baydin Inc., SaneBox Inc, Cloze Inc., Chorus.AI Inc, Clara Labs Inc, Mailbird Inc
Table of Contents
- Executive Summary
- Artificial Intelligence (AI) Powered Email Assistant Market Report Structure
- Artificial Intelligence (AI) Powered Email Assistant Market Trends And Strategies
- Artificial Intelligence (AI) Powered Email Assistant Market – Macro Economic Scenario
- Artificial Intelligence (AI) Powered Email Assistant Market Size And Growth
…..
- Artificial Intelligence (AI) Powered Email Assistant Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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