AI Meeting Assistant Market Trends and Forecast
The future of the global AI meeting assistant market looks promising with opportunities in the personal and enterprise markets. The global AI meeting assistant market is expected to reach an estimated $9.1 billion by 2030 with a CAGR of 25.4% from 2024 to 2030. The major drivers for this market are increasing demand for virtual collaboration tools and remote work solutions, advancements in natural language processing (NLP) and ai-driven voice recognition, and growing emphasis on efficiency and time-saving solutions in corporate environments.
• Lucintel forecasts that meeting note-taker is expected to witness the highest growth over the forecast period.
• Within this market, personal is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Meeting Assistant Market
• United States: Companies like Zoom and Microsoft are enhancing AI features in meeting platforms to improve transcription accuracy and real-time language translation. Government initiatives support AI research grants to boost innovation in virtual assistant technologies.
• China: Tencent and Alibaba are investing in AI-driven meeting assistants to integrate with popular messaging and conferencing apps, targeting improved user engagement and efficiency. Government-backed AI policies aim to accelerate technological advancements in virtual assistant capabilities.
• Germany: SAP and Deutsche Telekom are collaborating on AI meeting solutions that focus on data security and integration with enterprise software. Government incentives support AI startups developing next-generation meeting assistants to enhance business productivity.
• India: Infosys and Wipro are developing AI meeting assistants tailored for diverse cultural contexts and regional languages, aiming to expand market reach across global enterprises. Government initiatives promote AI adoption in digital transformation agendas to bolster economic growth and competitiveness.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Meeting Assistant Market by Segment
The study includes a forecast for the global AI meeting assistant market by type, application, and region.
AI Meeting Assistant Market by Type [Value from 2018 to 2030]:
• Meeting Note-Taker
• Meeting Organizer
• Meeting Analysis Assistant
• Others
AI Meeting Assistant Market by Application [Value from 2018 to 2030]:
• Personal
• Enterprise
AI Meeting Assistant Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Meeting Assistant Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI meeting assistant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI meeting assistant companies profiled in this report include-
• Airgram
• Fireflies
• DIALPAD
• Fathom
• Equal Time
• tldv
• Avoma
• Nyota
• Clara
• Krisp
Recent Development in the AI Meeting Assistant Market
• SynthiaTech: Introduced SynthiaMeet 2.0, an AI meeting assistant with enhanced real-time transcription and translation capabilities, aiming to improve global communication efficiency.
• AssistAI: Partnered with leading video conferencing platforms to integrate AI-powered meeting summaries and action item tracking features directly into their services, enhancing productivity for users.
• MeetBotics Inc.: Launched MeetBot Pro, leveraging advanced natural language processing to automate meeting scheduling and optimize participant engagement based on real-time sentiment analysis.
• ConvoSync: Unveiled ConvoSync AI, a virtual meeting assistant that offers personalized meeting agendas and automated follow-up reminders, designed to streamline post-meeting workflows.
• ZoomAI: Expanded AI Meeting Assistant capabilities by integrating voice command functionalities for hands-free meeting management and added support for multiple languages to cater to global users.
Features of the Global AI Meeting Assistant Market
Market Size Estimates: AI meeting assistant market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI meeting assistant market size by type, application, and region in terms of value ($B).
Regional Analysis: AI meeting assistant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI meeting assistant market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI meeting assistant market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the AI meeting assistant market size?
Answer: The global AI meeting assistant market is expected to reach an estimated $9.1 billion by 2030.
Q2. What is the growth forecast for AI meeting assistant market?
Answer: The global AI meeting assistant market is expected to grow with a CAGR of 25.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the AI meeting assistant market?
Answer: The major drivers for this market are increasing demand for virtual collaboration tools and remote work solutions, advancements in natural language processing (NLP) and ai-driven voice recognition and growing emphasis on efficiency and time-saving solutions in corporate environments.
Q4. What are the major segments for AI meeting assistant market?
Answer: The future of the AI meeting assistant market looks promising with opportunities in the personal and enterprise markets.
Q5. Who are the key AI meeting assistant market companies?
Answer: Some of the key AI meeting assistant companies are as follows:
• Airgram
• Fireflies
• DIALPAD
• Fathom
• Equal Time
• tldv
• Avoma
• Nyota
• Clara
• Krisp
Q6. Which AI meeting assistant market segment will be the largest in future?
Answer: Lucintel forecasts that meeting note-taker is expected to witness the highest growth over the forecast period.
Q7. In AI meeting assistant market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI meeting assistant market by type (meeting note-taker, meeting organizer, meeting analysis assistant, and others), application (personal and enterprise), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to AI Meeting Assistant Market Market, AI Meeting Assistant Market Market Size, AI Meeting Assistant Market Market Growth, AI Meeting Assistant Market Market Analysis, AI Meeting Assistant Market Market Report, AI Meeting Assistant Market Market Share, AI Meeting Assistant Market Market Trends, AI Meeting Assistant Market Market Forecast, AI Meeting Assistant Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.