Global Conversational AI Market – Analysis and Forecast (2019-2024)
The global conversational AI market is projected to reach USD 16.2 billion by 2024, registering a CAGR of 29.2% during the forecast period. Rising demand for AI-powered customer support services, omni-channel deployment, and reduced chatbot development cost, propelling the growth of the market. Some of the key players operating in the global conversational AI market are Nuance Communications Inc., Haptik Inc., Oracle Corporation, Google LLC, Microsoft Corporation, International Business Machines Corporation, SAP SE, Baidu Inc., Conversica Inc., Amazon.com Inc., Solvvy Inc., Creative Virtual Ltd., Avaamo Inc., Inbenta Technologies Inc., Artificial Solutions International AB, and Kore.ai Inc.
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