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Global conversational ai market size is expected to reach $26.88 Bn by 2028 at a rate of 23.6%, segmented as by type, iva, chatbots<br>
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Conversational AI Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Conversational AI Market Segments The Business Research Company segments it’s Conversational AI market report as: IVA, Chatbots By Type Platform, Services By Component By Deployment Cloud, On-Premises Machine Learning, Deep Learning, NLP, Automated Speech Recognition By Technology By End-User BFSI, Retail and E-commerce, Healthcare and Life Science, Travel and Hospitality, Telecom, Media and Entertainment, Other End-Users
Market Statistics The conversational ai market size has grown exponentially in recent years. It will grow from $9.43 billion in 2023 to $11.51 billion in 2024 at a compound annual growth rate (CAGR) of 22.1%. The conversational ai market size is expected to see exponential growth in the next few years. It will grow to $26.88 billion in 2028 at a compound annual growth rate (CAGR) of 23.6%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The growing e-commerce industry is expected to boost the growth of the conversational AI market going forward. Trends Technological advancements in conversational AI are a key trend in the market. • Region North America was the largest region in the conversational AI market in 2023. The regions covered in the conversational ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Market Players • Major players in the Conversational AI market are: • Google LLC • International Business Machines Corporation (IBM) • Amazon Web Services Inc. • Artificial Solutions Holding ASH AB • Baidu Inc. • And more. Get More Information On The Conversational AI Market Report
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