Conversational AI Market Size, Share, and Forecast by 2030
Conversational AI Market: Strategic Insights
Conversational AI Market
-
CAGR (2023 - 2031)21.3% -
Market Size 2023
US$ 8.45 Billion -
Market Size 2031
US$ 39.55 Billion
Market Dynamics
GROWTH DRIVERS
- Growing E-Commerce Sector
- Increasing Demand for Chatbot Solutions
FUTURE TRENDS
- Growing Adoption of Conversational AI in Gaming Industry
OPPORTUNITIES
- Rising Demand for Conversational AI in Healthcare Sector
- Emergence of Generative AI
Key Players
- Amazon com Inc
- International Business Machines Corp
- Alphabet Inc
- Oracle Corp
- SAP SE
- Microsoft Corp
- Artificial Solutions International AB
- Cognigy GmbH
- Kore ai Inc
- Rasa Technologies Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Platform and Service
Type
- Chatbots and Intelligent Virtual Assistants
Deployment Type
- On-Premise and Cloud
Industry
- Retail & E-commerce
- Healthcare & Life Sciences
- Travel & Hospitality
- BFSI
- IT & Telecom
- Media & Entertainment