Global Conversational AI Platform Market Growth (Status and Outlook) 2023-2029

Global Conversational AI Platform Market Growth (Status and Outlook) 2023-2029

Conversational AI Platform offers a user-friendly dialog designer to help develop and implement solutions for automating customer service, customer engagement, and human-computer interactions through natural language understanding and speech generation.

LPI (LP Information)' newest research report, the “Conversational AI Platform Industry Forecast” looks at past sales and reviews total world Conversational AI Platform sales in 2022, providing a comprehensive analysis by region and market sector of projected Conversational AI Platform sales for 2023 through 2029. With Conversational AI Platform sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Conversational AI Platform industry.

This Insight Report provides a comprehensive analysis of the global Conversational AI Platform landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Conversational AI Platform portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Conversational AI Platform market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Conversational AI Platform and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Conversational AI Platform.

The global Conversational AI Platform market size is projected to grow from US$ 2301.1 million in 2022 to US$ 5278.9 million in 2029; it is expected to grow at a CAGR of 12.6% from 2023 to 2029.

Global core conversational AI platform players include IBM, Genesys, LivePerson etc. The top 3 companies hold a share about 35%. North America is the largest market, with a share about 38%, followed by Asia-Pacific and Europe with the share about 32% and 23%. In terms of product, app conversational AI platform is the largest segment, with a share over 51%. And in terms of application, the largest application is large enterprises, followed by SMEs.

This report presents a comprehensive overview, market shares, and growth opportunities of Conversational AI Platform market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Web-Based
Installed
iOS
Android

Segmentation by application
Personal Use
Business Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Avaamo
Just AI
LivePerson
Kasisto
Georgian Partners
Cognigy
Botjet

Please note: The report will take approximately 2 business days to prepare and deliver.