Chatbot Market Scope and Analysis by 2031
Chatbot Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 5.60 billion |
Market Size by 2031 | US$ 31.95 billion |
Global CAGR (2023 - 2031) | 24.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Chatbot Market News and Recent Developments
The chatbot market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In April 2023, - Zendesk partnered with OpenAI, a prominent America-based AI research laboratory. The firm would provide its users with AI-supported solutions to simplify ticket-generating activities for CX and customer service employees. Zendesk and OpenAI are working together to improve the capabilities of Zendesk's foundation models, which are proprietary, by integrating them with OpenAI's.
(Source: Zendesk, Press Release, 2021)
- In January 2023, Kore.ai said that it will debut RetailAssist, a conversational sales assistant solution for the retail industry, at the National Federation of Retailers (NRF 2023) exhibition in New York City.
(Source: Kore.ai, Press Release, 2023)
Chatbot Market Report Coverage and Deliverables
The "Chatbot Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles