Market Share of Intelligent Apps Industry
The intelligent apps market is inclined towards fragmentation due to the presence of many established players in the market. Additionally, the market is experiencing continuous entry of new entrants due to less or no requirement of the initial investment. Hence, companies have been adopting a product innovation strategy. Some of the recent developments by the companies are mentioned below.
- May 2020 - Microsoft Corporation announced that its intelligent app Cortana will be integrated with voice assistant to the Teams iOS app. Instead of removing the voice assistant entirely from its library, The company is integrating Cortana into its other apps, including Teams. Cortana reportedly will respond to a user's voice request to make a call or join a meeting from an iPhone.
- December 2019 - GE Healthcare launched more than 30 new intelligent applications and smart devices dedicated to drive efficiency in the radiology department. With this, the company is aimed to double the productivity and cost savings for systems by the year 2025. Additionally, clinicians will be benefited from the new technologies through intuitive workflows, improved diagnostic confidence, and less rework by allowing them to spend more time with patients.
Intelligent Apps Market Leaders
-
IBM Corporation
-
Oracle Corporation
-
Google LLC
-
Apple Inc,
-
Microsift Corporation
*Disclaimer: Major Players sorted in no particular order
