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This market research report includes a detailed segmentation of the global conversational AI platform market by types (chatbot, intelligent virtual assistant), applications (personal assistant, customer support, branding & marketing, employee engagement & support), verticals (BFSI, retail & e-commerce, travel & hospitality, telecom & ITES, healthcare & life sciences, media & entertainment, others), regions (North America, Europe, APAC, RoW). The market research report identifies Google, Microsoft, Amazon, IBM, SAP, Nuance, and Artificial Solutions as the major vendors operating in the global conversational AI platform market.
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Report Title GLOBAL CONVERSATIONAL AI PLATFORM MARKET INFOHOLIC RESEARCH www.infoholicresearch.com sales@infoholicresearch.com sales@infoholicresearch.com www.infoholicresearch.com
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Market Snapshot • The global conversational AI platform market will grow at a CAGR of 32.4% during the forecast period 2019–2025. • By 2020, more than 20% of the customer support operations will be handled by Intelligent Virtual Assistants. • Verticals: The retail & e-commerce vertical is expected to grow at the highest rate for driving profitability, soothing customer concerns with seamless omnichannel experience, and enhancing customer engagement. Access full report summary @ https://www.infoholicresearch.com/report/conversational-ai-platform-market/ Page 1
Analyst Opinion “Conversational AI is changing the way customers interact with a business, resulting in enhanced customer experience and increased competitive advantage. Conversational AI is also impacting the personal lives where virtual assistants are assisting people in their daily business or personal tasks.” - Sonam Chawla, Research Analyst, Infoholic Research Download Report Pages for Better Understanding@ https://www.infoholicresearch.com/request-a-sample-report/?repid=14049 Page 4
Market Characteristics • Drivers • Rise of messaging apps and voice assistant • Cost-effective options for creating chatbots • Increasing pressure on contact centers • Restraints • Data privacy and security concerns • Customers prefer to deal with a human • Opportunities • Creating more personalized and better engagement with customers • Shift from rule-based solutions to AI-driven solutions Page 3
Market and Region Segmentation • North America accounted for the largest share of the global conversational AI platform market in 2018. 6% Download Report Pages for Better Understanding@ https://www.infoholicresearch.com/request-a-sample-report/?repid=14049 Page 4
Leading Players *illustrative Page 6
Assumptions • All macroeconomic parameters are expected to remain constant during the forecast period. • The exchange rates are assumed to be constant during the forecast period. Access full report summary @ https://www.infoholicresearch.com/report/conversational-ai-platform-market/ Page 8
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