Chatbot Market Size, Latest Trends, Growth Factors, Industry Analysis and Forecast 2024-2032
๐๐ญ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐๐ฌ ๐๐ง๐ ๐๐๐ฒ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ก๐๐ญ๐๐จ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:๐๐๐ฌ๐ ๐๐๐๐ซ: 2023
๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐ซ๐ฌ: 2024-2032
๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐๐๐ซ๐ฌ: 2018-2023
๐๐ง๐ข๐ญ๐ฌ: USD Billion
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง ๐๐๐๐: USD 5.7 Billion
๐๐๐ซ๐ค๐๐ญ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ข๐ง ๐๐๐๐: USD 34.6 Billion
๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ญ๐ ๐๐๐๐-๐๐๐๐: 21.5%
As indicated in the latest market research report published by IMARC Group, titled "๐๐ก๐๐ญ๐๐จ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ฒ๐ฉ๐ (๐๐ญ๐๐ง๐๐๐ฅ๐จ๐ง๐, ๐๐๐-๐๐๐ฌ๐๐, ๐๐๐ฌ๐ฌ๐๐ง๐ ๐๐ซ-๐๐๐ฌ๐๐/๐๐ก๐ข๐ซ๐ ๐ฉ๐๐ซ๐ญ๐ฒ), ๐๐ซ๐จ๐๐ฎ๐๐ญ (๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐, ๐๐๐ซ๐ค๐๐ญ๐ข๐ง๐ , ๐๐ฎ๐ฆ๐๐ง ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐), ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง (๐๐จ๐ญ๐ฌ ๐๐จ๐ซ ๐๐๐ซ๐ฏ๐ข๐๐, ๐๐จ๐ญ๐ฌ ๐๐จ๐ซ ๐๐จ๐๐ข๐๐ฅ ๐๐๐๐ข๐, ๐๐จ๐ญ๐ฌ ๐๐จ๐ซ ๐๐๐ฒ๐ฆ๐๐ง๐ญ๐ฌ/๐๐ซ๐๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ , ๐๐จ๐ญ๐ฌ ๐๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ๐ข๐ง๐ , ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ซ๐ ๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ (๐๐ฆ๐๐ฅ๐ฅ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐๐ฌ, ๐๐๐๐ข๐ฎ๐ฆ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐๐ฌ, ๐๐๐ซ๐ ๐ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐๐ฌ), ๐๐๐ซ๐ญ๐ข๐๐๐ฅ (๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐, ๐๐๐ญ๐๐ข๐ฅ, ๐๐๐ง๐ค๐ข๐ง๐ , ๐ ๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ, ๐๐ง๐ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐, ๐๐๐๐ข๐ ๐๐ง๐ ๐๐ง๐ญ๐๐ซ๐ญ๐๐ข๐ง๐ฆ๐๐ง๐ญ, ๐๐ซ๐๐ฏ๐๐ฅ ๐๐ง๐ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ, ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐-๐๐๐๐," this report provides an in-depth analysis of the industry, featuring insights into the global chatbot market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ก๐๐ญ๐๐จ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ & ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ:
The global chatbot market size was valued ๐๐๐ ๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2023. By 2032, this figure is projected to reach around ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, with a ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ (๐๐๐๐) ๐จ๐ ๐๐.๐% over the forecast period (2024-2032).
๐๐จ๐ซ๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The global market is primarily driven by the increasing demand for automation in customer service and support functions. In accordance with this, continual advancements in artificial intelligence (AI) and natural language processing (NLP) technologies greatly improving the conversational abilities and accuracy of chatbots, is propelling the market growth. Furthermore, the growing need for 24/7 customer engagement and support, as chatbots provide round-the-clock service without the need for human intervention, is another major market driver.
Similarly, the rise of messaging apps and social media platforms, as businesses integrate these tools to enhance user experience, is also resulting in the higher adoption of the product. Additionally, chatbots are becoming essential tools for lead generation and marketing, is enabling real-time engagement with potential customers, thereby increasing market appeal. Moreover, growing consumer preference for self-service solutions is driving companies to deploy chatbots, impelling the market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/chatbot-market/requestsample
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The scope of the market is broad, with applications spanning industries such as retail, healthcare, banking, and telecommunications. The market scope is expected to grow steadily due to rising investments in artificial intelligence (AI) technologies and the increasing demand for automated solutions. As per market analysis, the rapid integration of chatbots with voice assistants and other AI-driven applications is further expanding their functionality and market reach.
Additionally, ongoing advancements in chatbot development platforms are making it easier for businesses of all sizes to implement chatbot solutions. Cost-efficiency is another important factor, as chatbots help reduce the operational costs associated with maintaining large customer service teams. The increasing use of chatbots in e-commerce, banking, and healthcare to streamline processes and provide personalized responses is further fueling market growth. The market scope is poised for strong growth, supported by continuous technological innovation and the rising demand for efficient, scalable customer service solutions.
๐๐ง ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ก๐๐ญ๐๐จ๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
โข [24]7.ai Inc.
โข Acuvate Software Pvt. Ltd.
โข Aivo
โข Artificial Solutions International AB
โข Creative Virtual Ltd.
โข eGain Corporation
โข International Business Machines Corporation
โข Inbenta Holdings Inc.
โข Kore.ai Inc.
โข LiveChat Inc.
โข Nuance Communications Inc.
โข Verint Systems Inc.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ ๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ, ๐๐ง๐ ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/chatbot-market
๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ & ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ฒ๐ฉ๐:
โข Standalone
โข Web-based
โข Messenger-based/Third party
According to the report, ๐ฌ๐ญ๐๐ง๐๐๐ฅ๐จ๐ง๐ has been identified as holding the largest market share.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ:
โข Artificial Intelligence
โข Marketing
โข Human Intelligence
According to the report, ๐ฆ๐๐ซ๐ค๐๐ญ๐ข๐ง๐ has been identified as holding the largest market share.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โข Bots for Service
โข Bots for Social Media
โข Bots for Payments/Order Processing
โข Bots for Marketing
โข Others
According to the report, ๐๐จ๐ญ๐ฌ ๐๐จ๐ซ ๐ฌ๐๐ซ๐ฏ๐ข๐๐ have been identified as holding the largest segment.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ซ๐ ๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐:
โข Small Enterprises
โข Medium Enterprises
โข Large Enterprises
According to the report, ๐ฅ๐๐ซ๐ ๐ ๐๐ง๐ญ๐๐ซ๐ฉ๐ซ๐ข๐ฌ๐๐ฌ has been identified as holding the largest market share.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ:
โข Healthcare
โข Retail
โข Banking, Financial Services, and Insurance
โข Media and Entertainment
โข Travel and Tourism
โข E-commerce
โข Others
According to the report, ๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ has been identified as holding the largest segment.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
According to the report, the ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ region is recognized as having the largest market share.
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Historical Market Performance
โข Future Market Projections
โข Impact of COVID-19 on Market Dynamics
โข Industry Competitive Analysis (Porter's Five Forces)
โข Market Dynamics and Growth Drivers
โข SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
โข Market Ecosystem and Value Creation Framework
โข Competitive Positioning and Benchmarking Strategies
๐๐๐ฃ๐จ๐ซ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข This report provides market leaders and new entrants with accurate revenue estimates for the overall global market and its key subsegments.
โข Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
โข The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.
๐๐ก๐ฒ ๐๐ก๐จ๐จ๐ฌ๐ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
โข Extensive Industry Expertise
โข Robust Research Methodology
โข Insightful Data-Driven Analysis
โข Precise Forecasting Capabilities
โข Established Track Record of Success
โข Global Reach with an Extensive Network
โข Tailored Solutions to Meet Client Needs
โข Commitment to Strong Client Relationships and Focus
โข Timely Project Delivery
โข Cost-Effective Service Options
๐๐จ๐ญ๐: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐๐จ๐ซ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ๐ฌ, ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ข๐๐ฌ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.imarcgroup.com/request?type=report&id=4128&flag=C
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐:
๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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More Releases for Chatbot
42Gears Introduces Self Service โDeepThoughtโ Chatbot
42Gears Mobility Systems, a leading Unified Endpoint Management solution provider positioned as a Visionary in the Gartner Magic Quadrant 2018, announces that it has launched a Self Service Chatbot for enterprise end users. 42Gears has extended its โDeepThoughtโ engine, a virtual assistant chatbot, to function as a self-service portal for end users.
The Self Service chatbot allows end users to perform actions on their enrolled devices, which would otherwise haveโฆ
Bookbotby.ai launches Hotel specific Chatbot
bookbotby.ai announces general availability of its multi-tenant hotel chatbot. Since February this year the hotel focussed chatbot was available in beta and during this period more than 50 hotels and banquet halls deployed the bot on their websites.
James Prince, product lead at Bookbotby says โduring the beta program the bot answered 1000+ guest interactions a day and generated 3000 ++ transactions for the 50 early hotels who deployed theโฆ
Hidden Brains Launches Chatbot Development Services
Hidden Brains, India-based leading Enterprise Solutions Company launched Chatbot Development services for its clients across 107 countries across the globe. With core focus on capitalizing on emerging technologies, Hidden Brains team has taken step in exploring chatbot and its real-world implementation across different industries. Launch of Chatbot development services is expected to drive growth, improve customer experiences, and increase agility/productivity of business. Chatbots can assist customers in factualโฆ
Chatbot Market Development in AI, Key Factor behind Growth of Chatbot Market
The global chatbot market is led by companies such as Facebook, Microsoft, and Google, who collectively accounted for a stupendous 97.5% of the market in 2015, states Transparency Market Research (TMR) in its new report. This share held by market players convey that the chatbot market is extremely consolidated with most consumers preferring the services or products of these three players. As all three companies are well established and recognized,โฆ
Chatbot Market - Large Enterprises Making Smart Headway Using Chatbot Advancemen โฆ
Facebook, Inc., Google, Inc., and Microsoft Corporation were the clear winners in the global chatbot market in 2015. Their collective share of close to 97.5% in the marketโs revenue is an indicator of the extremely consolidated nature of the market. Consumers show an extremely high preference for the products of these three players due to their recognition and the much larger investments they make into developing chatbot technologies. Additionally, Yahoo,โฆ
Global Chatbot Market - Large Enterprises Making Smart Headway Using Chatbot Adv โฆ
Latest Research Report titled " Chatbot Market (Platform - Web-based, Mobile, and Standalone; Enterprise Size - Small and Medium Enterprises and Large Enterprises) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 " features Key Market Players, Segments, Applications. Report Presents Global Market Survey, Growth, Challenges and Forecast.
Chatbot refers to a computer program, which stimulates the conversation between human and the machine. Generally, a chatbot actsโฆ