Global AI Meeting Assistants Market – Industry Trends and Forecast to 2031

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Global AI Meeting Assistants Market – Industry Trends and Forecast to 2031

  • ICT
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

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Global AI Meeting Assistants Market, By Type (Meeting Note-taker, Meeting Organizer), Application (Personal, Enterprise) - Industry Trends and Forecast to 2031.

AI Meeting Assistants Market

AI Meeting Assistants Market Analysis and Size

Key trends include the integration of advanced natural language processing (NLP) and machine learning algorithms to enhance conversational capabilities, personalized user experiences, and contextual understanding. In addition, there's a surge in the adoption of AI meeting assistants equipped with features such as real-time transcription, summarization, action item tracking, and integration with popular productivity software platforms. As organizations prioritize productivity and seamless communication, the market is expected to see further innovation in AI meeting assistant technologies to cater to diverse user needs and preferences.

The global AI meeting assistants market was valued at USD 1.95 billion in 2023 and is expected to reach USD 11.88 billion  by 2031, registering a CAGR of 25.60% during the forecast period of 2024-2031. “Meeting Organizer” segment continues to dominate the market due to its user-friendly interface and seamless integration with popular productivity tools, offering a comprehensive solution for efficient meeting management. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion , Volumes in Units, Pricing in USD

Segments Covered

Type (Meeting Note-taker, Meeting Organizer), Application (Personal, Enterprise)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa

Market Players Covered

Krisp Technologies, Inc. (U.S.), Airgram Inc. (U.S.), Fireflies.ai Corp. (U.S.), Dialpad, INC. (U.S.), Fathom, Inc. (U.S.), Equal Time (U.S.), TLDV (U.S.), Avoma (U.S.), Nyota AI Ltd. (U.S.), CLARA (U.S.), Rewatch (U.S.), Fellow AI (Canada), OTTER.AI (U.S.), Sembly AI. (U.S.), Notiv (Australia), Rev.com (U.S.), Chorus.ai (U.S.), Gong.io Inc. (U.S.)

Market Opportunities

  • Integration with Productivity Tools
  • Customization and Personalization

Market Definition

AI meeting assistants are virtual assistants powered by artificial intelligence (AI) technology that help individuals and teams manage and optimize their meetings. These assistants typically use NLP and machine learning algorithms to understand and respond to spoken or written commands related to scheduling, organizing, and facilitating meetings. These tools can perform various tasks such as scheduling meetings based on participants' availability, sending out meeting invitations, setting agendas, taking meeting notes, transcribing conversations, generating summaries, and even following up on action items.

Global AI Meeting Assistants Market Dynamics

Drivers

  • Increasing Remote Work

The rise of remote work and distributed teams necessitates efficient virtual collaboration tools. AI meeting assistants offer solutions to streamline remote meetings, enhance communication, and improve productivity in such environments.

  • Technological Advancements

Advances in AI, natural language processing, and machine learning technologies enable AI meeting assistants to offer more sophisticated features, such as real-time transcription, sentiment analysis, and automated task management, making them increasingly valuable in modern workplaces.

Opportunity

  • Integration with Productivity Tools

There is an opportunity for AI meeting assistants to integrate seamlessly with popular productivity tools such as calendar applications, project management software, and communication platforms. This integration can enhance the overall meeting experience by providing users with a cohesive and streamlined workflow.

Restraint/Challenge

  • Privacy and Data Security Concerns

The collection and processing of sensitive information during meetings raise concerns about data privacy and security. Ensuring compliance with regulations such as GDPR and implementing robust security measures to protect user data is crucial for the widespread adoption of AI meeting assistants.

This global AI meeting assistants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the AI meeting assistants  market contact Data Bridge Market Research for an analyst brief, Our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In August 2023, Duet Al from Google launched generative Al assistant to its Workplace productivity tools. The Duet Al features will cost USD 30 per user each month, placing the technology on par with competitor Microsoft's planned Copilot. Duet Al use genAl to aid consumers in gaining access to various Workspace products. It can, for example, produce email responses in Gmail and organize data in the Sheets spreadsheet program based on user prompts in Google Docs

Global AI Meeting Assistants Market Scope

The global AI meeting assistants market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Meeting Note-taker
  • Meeting Organizer

Application

  • Personal
  • Enterprise

Global AI Meeting Assistants Market Regional Analysis/Insights

The global AI meeting assistants market is analyzed and market size insights and trends are provided by country, type and application as referenced above.

The countries covered in the global AI meeting assistants market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of the Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.   

North America dominates and the fastest growing region in the AI meeting assistants market due to its advanced technological infrastructure, robust investment in AI research and development, and a high concentration of tech-savvy enterprises. In addition, the region benefits from a culture of early adoption of innovative technologies, driving rapid growth and adoption of AI meeting assistants across various industries.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.     

Competitive Landscape and Global AI Meeting Assistants Market Share Analysis

The global AI meeting assistants market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global AI meeting assistants market.

Some of the major players operating in the global AI meeting assistants market are:

  • Krisp Technologies, Inc. (U.S.)
  • Airgram Inc. (U.S.)
  • Fireflies.ai Corp. (U.S.)
  • Dialpad, INC. (U.S.)
  • Fathom, Inc. (U.S.)
  • Equal Time (U.S.)
  • TLDV (U.S.)
  • Avoma (U.S.)
  • Nyota AI Ltd. (U.S.)
  • CLARA (U.S.)
  • Rewatch (U.S.)
  • Fellow AI (Canada)
  • OTTER.AI (U.S.)
  • Sembly AI. (U.S.)
  • Notiv (Australia)
  • Rev.com (U.S.)
  • Gong.io Inc (U.S.)
  • Chorus.ai (U.S.)

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Table of Content

1. INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF GLOBAL AI MEETING ASSISTANTS MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATION

1.6 MARKETS COVERED

2. MARKET SEGMENTATION

2.1 KEY TAKEAWAYS

2.2 ARRIVING AT THE GLOBAL AI MEETING ASSISTANTS MARKET

2.2.1 VENDOR POSITIONING GRID

2.2.2 TECHNOLOGY LIFE LINE CURVE

2.2.3 MARKET GUIDE

2.2.4 COMPANY POSITIONING GRID

2.2.5 COMAPANY MARKET SHARE ANALYSIS

2.2.6 MULTIVARIATE MODELLING

2.2.7 TOP TO BOTTOM ANALYSIS 

2.2.8 STANDARDS OF MEASUREMENT

2.2.9 VENDOR SHARE ANALYSIS

2.2.10 DATA POINTS FROM KEY PRIMARY INTERVIEWS

2.2.11 DATA POINTS FROM KEY SECONDARY DATABASES

2.3 GLOBAL AI MEETING ASSISTANTS MARKET: RESEARCH SNAPSHOT

2.4 ASSUMPTIONS

3. MARKET OVERVIEW

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 CHALLENGES

4. EXECUTIVE SUMMARY

5. PREMIUM INSIGHTS

5.1 PORTERS FIVE FORCES MODEL

5.2 REGULATORY STANDARDS

5.3 TECHNOLOGICAL TRENDS

5.4 CASE STUDY

5.5 PRICING ANALYSIS

5.6 CONSUMER BUYING BEHAVIOUR PATTERN

6. GLOBAL AI MEETING ASSISTANTS MARKET, BY TYPE

6.1 OVERVIEW

6.2 MEETING NOTE-TAKER

6.3 MEETING ORGANIZER

6.4 MEETING ANALYSIS ASSISTANT

6.5 OTHERS

7. GLOBAL AI MEETING ASSISTANTS MARKET, BY SOLUTION

7.1 OVERVIEW

7.2 CHAT 

7.3 AI WRITER 

7.4 REAL TIME TRANSCRIPTION AND TAGGING 

7.5 POST-MEETING SOLUTION 

7.6 INSIGHT MANAGEMENT 

7.7 OTHERS

8. GLOBAL AI MEETING ASSISTANTS MARKET, BY PLATFORM

8.1 OVERVIEW

8.2 ZOOM

8.3 GOOGLE MEET

8.4 MICROSOFT TEAMS

8.5 WEBEX

8.6 GOTO MEETING

8.7 SKYPE

8.8 DIALPAD

8.9 OTHERS

9. GLOBAL AI MEETING ASSISTANTS MARKET, BY PRICING

9.1 OVERVIEW

9.2 FREE PLAN

9.3 CHARGEABLE

9.3.1 MONTHLY BASED

9.3.2 ANNUAL BASED

10. GLOBAL AI MEETING ASSISTANTS MARKET, BY END USE

10.1 OVERVIEW

10.2 PERSONAL

10.2.1 BY TYPE

10.2.1.1. MEETING NOTE-TAKER

10.2.1.2. MEETING ORGANIZER

10.2.1.3. MEETING ANALYSIS ASSISTANT

10.2.1.4. OTHERS

10.3 ENTERPRISE

10.3.1 MEETING NOTE-TAKER

10.3.2 MEETING ORGANIZER

10.3.3 MEETING ANALYSIS ASSISTANT

10.3.4 OTHERS

11. GLOBAL AI MEETING ASSISTANTS MARKET, BY REGION

11.1 GLOBAL AI MEETING ASSISTANTS MARKET SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)

11.1.1 NORTH AMERICA

11.1.1.1. U.S.

11.1.1.2. CANADA

11.1.1.3. MEXICO

11.1.2 EUROPE

11.1.2.1. GERMANY

11.1.2.2. U.K.

11.1.2.3. FRANCE

11.1.2.4. ITALY

11.1.2.5. SPAIN

11.1.2.6. THE NETHERLANDS

11.1.2.7. SWITZERLAND

11.1.2.8. TURKEY

11.1.2.9. BELGIUM

11.1.2.10. RUSSIA

11.1.2.11. NORWAY

11.1.2.12. SWEDEN

11.1.2.13. DENMARK

11.1.2.14. POLAND

11.1.2.15. FINLAND

11.1.2.16. REST OF EUROPE

11.1.3 ASIA-PACIFIC

11.1.3.1. CHINA

11.1.3.2. JAPAN

11.1.3.3. SOUTH KOREA

11.1.3.4. INDIA

11.1.3.5. SINGAPORE

11.1.3.6. AUSTRALIA

11.1.3.7. NEW ZEALAND

11.1.3.8. MALAYSIA

11.1.3.9. PHILIPPINES

11.1.3.10. THAILAND

11.1.3.11. INDONESIA

11.1.3.12. TAIWAN

11.1.3.13. VIETNAM

11.1.3.14. REST OF ASIA-PACIFIC

11.1.4 SOUTH AMERICA

11.1.4.1. BRAZIL

11.1.4.2. ARGENTINA

11.1.4.3. REST OF SOUTH AMERICA

11.1.5 MIDDLE EAST AND AFRICA

11.1.5.1. SOUTH AFRICA

11.1.5.2. EGYPT

11.1.5.3. SAUDI ARABIA

11.1.5.4. U.A.E

11.1.5.5. ISRAEL

11.1.5.6. OMAN

11.1.5.7. BAHRAIN

11.1.5.8. KUWAIT

11.1.5.9. QATAR 

11.1.5.10. REST OF MIDDLE EAST AND AFRICA

11.2 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES

12. GLOBAL AI MEETING ASSISTANTS MARKET, COMPANY LANDSCAPE

12.1 COMPANY SHARE ANALYSIS: GLOBAL

12.2 COMPANY SHARE ANALYSIS: NORTH AMERICA

12.3 COMPANY SHARE ANALYSIS: EUROPE

12.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC

12.5 MERGERS & ACQUISITIONS

12.6 NEW PRODUCT DEVELOPMENT & APPROVALS

12.7 EXPANSIONS

12.8 REGULATORY CHANGES

12.9 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS

13. GLOBAL AI MEETING ASSISTANTS MARKET, SWOT AND DBMR ANALYSIS

14. GLOBAL AI MEETING ASSISTANTS MARKET, COMPANY PROFILE

14.1 OTTER.AI

14.1.1 COMPANY SNAPSHOT

14.1.2 REVENUE ANALYSIS

14.1.3 PRODUCT PORTFOLIO

14.1.4 RECENT DEVELOPMENTS

14.2 AVOMA, INC.

14.2.1 COMPANY SNAPSHOT

14.2.2 REVENUE ANALYSIS

14.2.3 PRODUCT PORTFOLIO

14.2.4 RECENT DEVELOPMENTS

14.3 TACTIQ

14.3.1 COMPANY SNAPSHOT

14.3.2 REVENUE ANALYSIS

14.3.3 PRODUCT PORTFOLIO

14.3.4 RECENT DEVELOPMENTS

14.4 FIREFLIES.AI CORP. 

14.4.1 COMPANY SNAPSHOT

14.4.2 REVENUE ANALYSIS

14.4.3 PRODUCT PORTFOLIO

14.4.4 RECENT DEVELOPMENTS

14.5 NYOTA AI LTD.

14.5.1 COMPANY SNAPSHOT

14.5.2 REVENUE ANALYSIS

14.5.3 PRODUCT PORTFOLIO

14.5.4 RECENT DEVELOPMENTS

14.6 TL;DV

14.6.1 COMPANY SNAPSHOT

14.6.2 REVENUE ANALYSIS

14.6.3 PRODUCT PORTFOLIO

14.6.4 RECENT DEVELOPMENTS

14.7 EQUAL TIME

14.7.1 COMPANY SNAPSHOT

14.7.2 REVENUE ANALYSIS

14.7.3 PRODUCT PORTFOLIO

14.7.4 RECENT DEVELOPMENTS

14.8 REWATCH

14.8.1 COMPANY SNAPSHOT

14.8.2 REVENUE ANALYSIS

14.8.3 PRODUCT PORTFOLIO

14.8.4 RECENT DEVELOPMENTS

14.9 FELLOW

14.9.1 COMPANY SNAPSHOT

14.9.2 REVENUE ANALYSIS

14.9.3 PRODUCT PORTFOLIO

14.9.4 RECENT DEVELOPMENTS

14.10 SUPERNORMAL TECHNOLOGIES, INC

14.10.1 COMPANY SNAPSHOT

14.10.2 REVENUE ANALYSIS

14.10.3 PRODUCT PORTFOLIO

14.10.4 RECENT DEVELOPMENTS

14.11 FATHOM

14.11.1 COMPANY SNAPSHOT

14.11.2 REVENUE ANALYSIS

14.11.3 PRODUCT PORTFOLIO

14.11.4 RECENT DEVELOPMENTS

14.12 MEETGEEK

14.12.1 COMPANY SNAPSHOT

14.12.2 REVENUE ANALYSIS

14.12.3 PRODUCT PORTFOLIO

14.12.4 RECENT DEVELOPMENTS

14.13 KRISP TECHNOLOGIES, INC.

14.13.1 COMPANY SNAPSHOT

14.13.2 REVENUE ANALYSIS

14.13.3 PRODUCT PORTFOLIO

14.13.4 RECENT DEVELOPMENTS

14.14 SEMBLY AI.

14.14.1 COMPANY SNAPSHOT

14.14.2 REVENUE ANALYSIS

14.14.3 PRODUCT PORTFOLIO

14.14.4 RECENT DEVELOPMENTS

14.15 JAMIE

14.15.1 COMPANY SNAPSHOT

14.15.2 REVENUE ANALYSIS

14.15.3 PRODUCT PORTFOLIO

14.15.4 RECENT DEVELOPMENTS

14.16 VERBIT.AI

14.16.1 COMPANY SNAPSHOT

14.16.2 REVENUE ANALYSIS

14.16.3 PRODUCT PORTFOLIO

14.16.4 RECENT DEVELOPMENTS

14.17 AIRGRAM INC.

14.17.1 COMPANY SNAPSHOT

14.17.2 REVENUE ANALYSIS

14.17.3 PRODUCT PORTFOLIO

14.17.4 RECENT DEVELOPMENTS

14.18 REV.COM

14.18.1 COMPANY SNAPSHOT

14.18.2 REVENUE ANALYSIS

14.18.3 PRODUCT PORTFOLIO

14.18.4 RECENT DEVELOPMENTS

14.19 LAXIS, INC.

14.19.1 COMPANY SNAPSHOT

14.19.2 REVENUE ANALYSIS

14.19.3 PRODUCT PORTFOLIO

14.19.4 RECENT DEVELOPMENTS

14.20 CISCO SYSTEMS, INC.

14.20.1 COMPANY SNAPSHOT

14.20.2 REVENUE ANALYSIS

14.20.3 PRODUCT PORTFOLIO

14.20.4 RECENT DEVELOPMENTS

14.21 AMAZON

14.21.1 COMPANY SNAPSHOT

14.21.2 REVENUE ANALYSIS

14.21.3 PRODUCT PORTFOLIO

14.21.4 RECENT DEVELOPMENTS

14.22 IBM

14.22.1 COMPANY SNAPSHOT

14.22.2 REVENUE ANALYSIS

14.22.3 PRODUCT PORTFOLIO

14.22.4 RECENT DEVELOPMENTS

14.23 ADOBE

14.23.1 COMPANY SNAPSHOT

14.23.2 REVENUE ANALYSIS

14.23.3 PRODUCT PORTFOLIO

14.23.4 RECENT DEVELOPMENTS

14.24 LEEXI

14.24.1 COMPANY SNAPSHOT

14.24.2 REVENUE ANALYSIS

14.24.3 PRODUCT PORTFOLIO

14.24.4 RECENT DEVELOPMENTS

NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST

15. CONCLUSION

16. QUESTIONNAIRE

17. RELATED REPORTS

18. ABOUT DATA BRIDGE MARKET RESEARCH

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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The AI Meeting Assistants Market will be worth USD 11.88 billion by 2031.
The AI Meeting Assistants Market growth rate Will be 25.60% by 2031.
The Increasing Remote Work & Technological Advancements are the growth drivers of the AI Meeting Assistants Market.
The type and application are the factors on which the AI Meeting Assistants Market research is based.
The major companies in the AI Meeting Assistants Market are Krisp Technologies, Inc. (U.S.), Airgram Inc. (U.S.), Fireflies.ai Corp. (U.S.), Dialpad, INC. (U.S.), Fathom, Inc. (U.S.), Equal Time (U.S.), TLDV (U.S.), Avoma (U.S.), Nyota AI Ltd. (U.S.), CLARA (U.S.), Rewatch (U.S.), Fellow AI (Canada), OTTER.AI (U.S.), Sembly AI. (U.S.), Notiv (Australia), Rev.com (U.S.), Chorus.ai (U.S.), Gong.io Inc. (U.S.), etc,

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