Chatbot Market Size, Segments, and Trends by 2031
Chatbot Market: Strategic Insights
Chatbot Market
-
CAGR (2023 - 2031)24.3% -
Market Size 2023
US$ 5.60 billion -
Market Size 2031
US$ 31.95 billion
Market Dynamics
GROWTH DRIVERS
- Initiatives Toward the Creation of Self-Learning Chatbots to Provide Human-Like Conversational Experience
FUTURE TRENDS
- The growing trend of speech-enabled chatbots
OPPORTUNITIES
- Increased use of generative models in chatbots
Key Players
- Amazon Web Services
- Artificial Solutions
- Creative Virtual Pvt Ltd
- CX Company
- eGain Corporation
- IBM Corporation
- INBENTA TECHNOLOGIES INC
- Microsoft
- Nuance Communications Inc
- Verint Systems Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Solution and Services
Deployment
- On-premise and Cloud
Usage
- Website
- Contact Centers
- Social Media
- Mobile Platform
End User
- Education
- Retail & E-Commerce
- BFSI
- Healthcare
- Travel & Tourism