Chatbot Market Size, Share, Growth, Demand, Emerging Trends and...

Chatbot Market Size, Share, Growth, Demand, Emerging Trends and Forecast by 2029

Posted 2023-05-08 04:57:24

For an effectual business growth, companies must adopt market research report service which has become quite vital in this rapidly changing marketplace. Chatbot market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. The report puts light on many aspects related to Chatbot industry and market. Market definition, market segmentation, competitive analysis and research methodology are the major topics covered in this report. It gives details about market drivers and market restraints which can help businesses in guessing about reducing or increasing the production of particular product.

Global chatbot market was valued at USD 3,584.12 million in 2021 and is expected to reach USD 17,705.50 million by 2029, registering a CAGR of 22.10% during the forecast period of 2022-2029. 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.

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Market Overview:

Over the projected period, virtual assistants, such as chatbots and smart speakers, are used for various applications across several end-user industries, such as retail, BFSI, healthcare, and others. For instance, the banking sector has been a significant adopter of newer technologies such as natural language processors (NLP) and application programming interface (API), due to the chatbot's dependence on speed, trust, communication, and integrated assistance. Chatbots in the various sectors has facilitated communication and build customer relation through cognitive analytics by learning customers' thinking for instant assistance. Thus, the market is projected to witness substantial growth throughout forecast period.

Some of the major players operating in the chatbot market are

Aivo LLC (U.S.)

Artificial Solutions (Sweden)

Creative Virtual Ltd. (U.K.)

Inbenta Holdings Inc. (U.S.)

IBM (U.S.)

eGain Corporation (U.S.)

Nuance Communications, Inc. (U.S.)

Google (U.S.)

Amazon Web Services, Inc. (U.S.)

smartbots (U.S.)

Contus (India)

CogniCor Technologies, (U.S.)

Conversica,Inc. (U.S.)

Kevit (India)

Anboto (Europe)

Cyfuture India Pvt. Ltd. (India)

Chatbot Market Analysis and Size

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Chatbot Market Landscape

Part 04: Global Chatbot Market Sizing

Part 05: Global Chatbot Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-chatbots-market

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