Chatbots Market: Assisting and Optimizing Business Operations by IndustryARC

Chatbots Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Chatbots Market 2019-2024

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Press Release The need to engage potential customers round the clock will ensure strong investments on chatbot applications by small and medium enterprises in the near future, as per the findings of a recent business intelligence study from IndustryARC. The report has evaluated the global chatbots market value at $850 to $900 million as of 2018, and projected the opportunities to increment at robust CAGR of 25% to 30% during the forecast period of 2019 to 2025. The report is titled “Chatbots Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast (2019 – 2025).” It incorporates detailed analysis of the industry and prospects for the vendors along with the latest trends that are influencing the market. Browse an in-depth TOC “Chatbots Market (2019 - 2025)” Global Chatbots Market: Demand Analysis A computer program or an artificial intelligence tool used for conducting auditory or textual method conversations is known as chatbot. Some of the sophisticated chatbots use natural language processing while the simpler ones scan keywords. Nowadays, most of the chatbots are accessed through Google Assistant and Amazon Alexa. The need for chatbots is drastically observed in almost every industry and consequently, the chatbots market is augmented by its easier communication method in small, medium, and large sectors. Global Chatbots Market: Leading Segments North America contributed the largest demand share in the global chatbots market, at 35% to 40% in 2018, owing to the increasing investments made by various companies in the development process of chatbots for different types of uses. It is quite observable when North America boasts for maximum usage of chatbots in financial services, with the US as the most lucrative country. In North America, there are numerous startups investing in chatbots, artificial intelligence, and machine learning technology. The number of financial companies that are ratifying chatbots is increasing owing to the rising artificial intelligence demand which is fueling the global chatbots market growth. The State of Mississippi has a chatbot named as Missi that can respond to over 100 inquiries at a time, according to the National Association of State Chief Information Officer. With the sustained growth, the application CAGR of chatbots in financial services is projected to grow at 30% to 35% through to 2025. Global Chatbots Market: Disruptive Trends E-commerce sector is commonly influenced by chatbots market. Spring was the first shopping destination that chatbot had ratified, which was one of Facebook’s launch partner. Few other latest disruptive trends are listed below: Voice Interface by Google and Amazon In 2017, Google and Amazon launched smart speakers in the market. Google had launched Google Assistant and Amazon had launched Amazon Alexa for speech recognition technologies. Furthermore, Google is also trying to develop voice-assisted assistants available for all android phones, wearables, and smart TVs. This will bring a tectonic shift in the chatbots market as the technology will be incorporated in many companies.

Chatbots Market

Automated Call Centers in Future With technological advancements such as NLO, there are companies planning to start an automated call center that might soon come into existence. Those call centers will be inbuilt by artificial intelligence voice generation with server-less technology, and they will be inculcated with in-depth domain knowledge so that it is easier to have a conversation with the customers. Messaging Apps influenced by Chatbots and Artificial Intelligence The chatbots market has gained more attention after the messaging applications started becoming more common amongst people. Chatbots have entered the mainstream market for one-on-one conversations with the users. This is most helpful in the e-commerce sector. Deep Customer Insights Chatbots can easily store ample amount of data. Artificial intelligence helps to automate data collections, and it performs the basic analysis. Advanced chatbots are ingrained with an autorectification feature that can focus on improvements that are required and minimize its errors, due to which chatbots market demand is rising. Global Chatbots Market: Recent Developments Some of the key companies identified in the report that are currently holding majority shares in the global chatbots market are Artificial Solutions, IBM Corp., Naunce Communications Inc., eGain Coporation, Creative Virtual Pvt. Ltd., Next IT Corp., CX Company, Codebaby Inc., Next IT Corporation, and Speaktoit Inc. Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=500497 Related Reports: Healthcare Chatbots Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024 https://industryarc.com/Research/Healthcare-Chatbots-Market-Research-505668 About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy

Chatbots Market

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Chatbots Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Chatbots Market - Overview 1.1 Definitions and Scope 2. Chatbots Market - Executive summary 2.1 Market Revenue, Market Size and Key Trends by Company 2.2 Key Trends by type of Application 2.3 Key Trends segmented by Geography 3. Chatbots Market 3.1 Comparative analysis 3.1.1 Product Benchmarking - Top 10 companies 3.1.2 Top 5 Financials Analysis 3.1.3 Market Value split by Top 10 companies 3.1.4 Patent Analysis - Top 10 companies 3.1.5 Pricing Analysis 4. Chatbots Market - Startup companies Scenario 4.1 Top 10 startup company Analysis by 4.1.1 Investment 4.1.2 Revenue 4.1.3 Market Shares 4.1.4 Market Size and Application Analysis 4.1.5 Venture Capital and Funding Scenario 5. Chatbots Market - Industry Market Entry Scenario 5.1 Regulatory Framework Overview 5.2 New Business and Ease of Doing business index 5.3 Case studies of successful ventures 5.4 Customer Analysis - Top 10 companies 6. Chatbots Market Forces 6.1 Drivers 6.2 Constraints 6.3 Challenges 6.4 Porters five force model 6.4.1 Bargaining power of suppliers 6.4.2 Bargaining powers of customers 6.4.3 Threat of new entrants 6.4.4 Rivalry among existing players 6.4.5 Threat of substitutes 7. Chatbots Market -Strategic analysis 7.1 Value chain analysis 7.2 Opportunities analysis 7.3 Product life cycle 7.4 Suppliers and distributors Market Share 8. Chatbots Market - By Type (Market Size -$Million / $Billion) 8.1 Software 8.2 Services 8.2.1 Professional Services 8.2.2 Managed Services 9. Chatbots Market - By Usage (Market Size -$Million / $Billion) 9.1 Introduction 9.2 Websites 9.3 Contact Centers

Chatbots Market

9.4 Social Media 9.5 Mobile Platform 10. Chatbots Market - By Industry Vertical (Market Size -$Million / $Billion) 10.1 Introduction 10.2 Financial Services 10.3 Healthcare 10.4 Communication 10.5 Retail 10.6 Travel and Hospitality 10.7 Government 10.8 Education 10.9 Utilities 10.10 Others 11. Chatbots Market - By Deployment Type (Market Size -$Million / $Billion) 11.1 Introduction 11.2 On-Premises 11.3 On-Cloud 12. Chatbots Market - By End User (Market Size -$Million / $Billion) 12.1 Introduction 12.2 Small & Medium Enterprises 12.3 Large Enterprises 13. Chatbots - By Application (Market Size -$Million / $Billion) 13.1 Segment type Size and Market Share Analysis 13.2 Application Revenue and Trends by type of Application 13.3 Application Segment Analysis by Type 14. Chatbots- By Geography (Market Size -$Million / $Billion) 14.1 Chatbots Market - North America Segment Research 14.2 North America Market Research (Million / $Billion) 14.2.1 Segment type Size and Market Size Analysis 14.2.2 Revenue and Trends 14.2.3 Application Revenue and Trends by type of Application 14.2.4 Company Revenue and Product Analysis 14.2.5 North America Product type and Application Market Size 14.2.5.1 U.S 14.2.5.2 Canada 14.2.5.3 Mexico 14.2.5.4 Rest of North America 14.3 Chatbots- South America Segment Research 14.4 South America Market Research (Market Size -$Million / $Billion) 14.4.1 Segment type Size and Market Size Analysis 14.4.2 Revenue and Trends 14.4.3 Application Revenue and Trends by type of Application 14.4.4 Company Revenue and Product Analysis 14.4.5 South America Product type and Application Market Size 14.4.5.1 Brazil 14.4.5.2 Venezuela 14.4.5.3 Argentina 14.4.5.4 Ecuador 14.4.5.5 Peru 14.4.5.6 Colombia 14.4.5.7 Costa Rica 14.4.5.8 Rest of South America 14.5 Chatbots- Europe Segment Research 14.6 Europe Market Research (Market Size -$Million / $Billion) 14.6.1 Segment type Size and Market Size Analysis 14.6.2 Revenue and Trends 14.6.3 Application Revenue and Trends by type of Application 14.6.4 Company Revenue and Product Analysis

Chatbots Market

14.6.5 Europe Segment Product type and Application Market Size 14.6.5.1 U.K 14.6.5.2 Germany 14.6.5.3 Italy 14.6.5.4 France 14.6.5.5 Netherlands 14.6.5.6 Belgium 14.6.5.7 Denmark 14.6.5.8 Spain 14.6.5.9 Rest of Europe 14.7 Chatbots - APAC Segment Research 14.8 APAC Market Research (Market Size -$Million / $Billion) 14.8.1 Segment type Size and Market Size Analysis 14.8.2 Revenue and Trends 14.8.3 Application Revenue and Trends by type of Application 14.8.4 Company Revenue and Product Analysis 14.8.5 APAC Segment - Product type and Application Market Size 14.8.5.1 China 14.8.5.2 Australia 14.8.5.3 Japan 14.8.5.4 South Korea 14.8.5.5 India 14.8.5.6 Taiwan 14.8.5.7 Malaysia 14.8.5.8 Hong kong 14.8.5.9 Rest of APAC 14.9 Chatbots - Middle East Segment and Africa Segment Research 14.10 Middle East & Africa Market Research (Market Size -$Million / $Billion) 14.10.1 Segment type Size and Market Size Analysis 14.10.2 Revenue and Trend Analysis 14.10.3 Application Revenue and Trends by type of Application 14.10.4 Company Revenue and Product Analysis 14.10.5 Middle East Segment Product type and Application Market Size 14.10.5.1 Israel 14.10.5.2 Saudi Arabia 14.10.5.3 UAE 14.10.6 Africa Segment Analysis 14.10.6.1 South Africa 14.10.6.2 Rest of Middle East & Africa 15. Chatbots Market - Entropy 15.1 New product launches 15.2 M&A s, collaborations, JVs and partnerships 16. Chatbots Market - Industry / Segment Competition landscape 16.1 Market Share Analysis 16.1.1 Market Share by Country- Top companies 16.1.2 Market Share by Region- Top 10 companies 16.1.3 Market Share by type of Application - Top 10 companies 16.1.4 Market Share by type of Product / Product category- Top 10 companies 16.1.5 Market Share at global level - Top 10 companies 16.1.6 Best Practises for companies 17. Chatbots Market - Key Company List by Country 18. Chatbots Market Company Analysis 18.1 Market Share, Company Revenue, Products, M&A, Developments 18.2 Artificial Solutions 18.3 CX Company 18.4 Codebaby Inc. 18.5 Creative Virtual Pvt. Ltd. 18.6 IBM Corporation

Chatbots Market

18.7 Next IT Corporation 18.8 eGain Corporation 18.9 Company 9 18.10 Company 10 & More *Financials would be provided on a best efforts basis for private companies 19. Chatbots Market - Appendix 16.1 Abbreviations 16.2 Sources 20. Chatbots Market - Methodology 20.1 Research Methodology 20.1.1 Company Expert Interviews 20.1.2 Industry Databases 20.1.3 Associations 20.1.4 Company News 20.1.5 Company Annual Reports 20.1.6 Application Trends 20.1.7 New Products and Product database 20.1.8 Company Transcripts 20.1.9 R&D Trends 20.1.10 Key Opinion Leaders Interviews 20.1.11 Supply and Demand Trends

Chatbots Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

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Chatbots Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

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