North America AI Email Assistant Market Overview
North America AI Email Assistant Market Size was valued at USD 0.81 Billion in 2022. The AI email assistant market industry is projected to grow from USD 0.90 Billion in 2023 to USD 2.05 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.80% during the forecast period (2023 - 2032). The growing demand for AI-powered customer support services is driving up the market demand is the main market drivers anticipated to propel the North America AI email assistant market.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
AI Email Assistant Market Trends
Increasing use of AI email assistant for better productivity is driving the market growth
Businesses are focusing to enhance email productivity and efficiency. AI email assistants are software solutions that employ artificial intelligence (AI) to aid users in better managing their email which is anticipated to boost the market growth during the forecast period. AI email assistants are software solutions that employ artificial intelligence (AI) to aid users in better managing their email. AI email assistants can handle a number of activities, including email prioritization, meeting scheduling, email response, and task management. AI email assistants can change the way people use email. AI email assistants helping people save time, be more productive, and decrease stress by automating many of the time-consuming processes connected with email management.
In addition, AI email assistant is more time and effort savings which is one of the factor which propelling the market growth. AI email assistants can process and filter emails far faster than humans, saving consumer’s valuable time. AI email assistant is more competent and efficient as machine learning and natural language processing advances. AI email assistant manages communication across several platforms, such as social media and messaging apps. AI email assistants help consumers relieve stress by managing email inboxes and keeping them organized. Users may restore control of inboxes and improve communication. AI email assistants increasingly used by businesses to boost productivity, improve customer service, and expedite communication.
AI Email Assistant Market Segment Insights
AI Email Assistant Type Insights
The North America AI Email Assistant market segmentation, based on type includes compose email, reply to email, and others. The compose email segment dominated the market mostly. Machine learning algorithms are used by AI email writing tools and assistants to analyze composing tone, style, and language, and then propose modifications or write full emails. Email AI assistants can also detect possible areas of ambiguity or uncertainty in composing and make suggestions to increase clarity. One can focus on more strategic and high-value work with AI email writing assistance for internal communications handling regular activities such as drafting emails. When sending vital information to all employees, email writing helps for internal communications helps ensure language is consistent and clear.
AI Email Assistant Application Insights
The North America AI Email Assistant market segmentation, based on application includes Personal and Enterprise. The enterprise segment expected to register the fastest growth. Growing need for work load optimization through the use of an AI email helper in enterprise anticipated to propel the segment growth in the coming years. Increasing investment by small, medium, and large enterprises to enhance sales revenue by using AI email assistant is driving the market growth. Furthermore, the growing desire among various enterprises to reduce workload is another factor that is expected to drive market expansion. Enterprises can save time by using AI email assistant such as in response to emails, organizing emails, meeting planning, and task management.
Figure 1: North America AI Email Assistant Market, by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
AI Email Assistant Country Insights
North America is a global hub to some of the world's largest corporations, startups, and world-class research institutions. This encourages the development and adoption of cutting-edge Al, such as Al Email. The increasing development in R&D and investments in Al by both the governmental and commercial sectors accelerated the growth of AI email assistants market. Furthermore, enterprises and individuals in North America are early adopters of solutions. The enterprises which are characterized by high levels and focus on efficiency led the search for unique email solutions. The capacity of Al Email Assistant to streamline, increase efficiency, and improve is perfectly linked with the region's corporate aims which anticipated to propel the market expansion in the coming years.
Figure 2: North America AI email assistant MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
AI Email Assistant Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the AI email assistant market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, AI email assistant industry must offer cost-effective items.
Major players in the AI email assistant market are attempting to increase market demand by investing in research and development operations includes Microsoft; Amazon Web Services, Inc.; Google; Oracle; IBM; Clinc; Pypestream Inc.; Solvvy; Nuance Communications, Inc.
Key Companies in the AI email assistant market include
-
-
Amazon Web Services, Inc.
-
-
Oracle
-
-
Clinc
-
Pypestream Inc.
-
Solvvy
-
Nuance Communications, Inc.
AI Email Assistant Industry Developments
June 2023
Google announced plans to make AI more useful to everyone. This includes bringing new "Help me write" feature in Gmail to Workspace Labs users, making it easier than ever to compose emails. This is the most recent AI update for Gmail.
AI Email Assistant Market Segmentation
AI Email Assistant Type Outlook
- Compose Email
- Reply to Email
- Other
AI Email Assistant Application Outlook
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 0.81 Billion |
Market Size 2023 |
USD 0.90 Billion |
Market Size 2032 |
USD 2.05 Billion |
Compound Annual Growth Rate (CAGR) |
10.80% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application, and Region |
Countries Covered |
US, Canada, Mexico, and North America |
Key Companies Profiled |
Microsoft; Amazon Web Services, Inc.; Google; Oracle; IBM; Clinc; Pypestream Inc.; Solvvy; Nuance Communications, Inc. |
Key Market Opportunities |
·      Increasing technological advancements in AI. ·      Rising demand of AI email assistance for integration. |
Key Market Dynamics |
·      High demand to perform various task such as email composing and replying to email. ·      Increasing R&D to develop innovative solutions by key market players. |
Frequently Asked Questions (FAQ) :
The US AI Email Assistant market size was valued at USD 0.815 Billion in 2022.
The market is projected to grow at a CAGR of 10.80% during the forecast period, 2023-2032.
The key players in the market are Microsoft; Amazon Web Services, Inc.; Google; Oracle; IBM; Clinc; Pypestream Inc.; Solvvy; Nuance Communications, Inc.
The compose email category dominated the market in 2022.
The enterprise category had the largest share in the market.