AI Chatbots Software Market Value 2023

AI Chatbots Software Market, Global Outlook and Forecast 2023-2030 help@statsmarketresearch.com

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Report Overview: • A chatbot is a software application used to conduct an on-line chat conversation via text or text-to-speech, in lieu of providing direct contact with a live human agent.Designed to convincingly simulate the way a human would behave as a conversational partner, chatbot systems typically require continuous tuning and testing, and many in production remain unable to adequately converse or pass the industry standard Turing test. • The key players of global AI Chatbots market includes IBM, [24]7.ai, Google, Nuance Communications, AWS and so on. In 2019, the top 5 companies accounted for a total market share of about 33%, among which [24]7.ai is in the dominating position, with occupying nearly 9% of global market. ©All Rights Reserved, Stats Market Research

Market Value: • The global AI Chatbots Software market was valued at US$ 3431.9 million in 2022 and is projected to reach US$ 14670 million by 2029, at a CAGR of 23.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

CAGR of 23.1% (2022 – 2032)

By Types: • On-premises • Cloud Based

By Applications:

Marketing

Recruitment

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