Chatbot Market Size- By Component, By Platform, By Deployment, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Chatbot Market Overview
According to SPER Market Research, the Global Chatbot Market is estimated to reach USD 6.64 billion by 2032 with a CAGR of 25.94%. In order to mimic a discussion (or chat) with a user in natural language via messaging apps, websites, mobile apps, or the phone, a chatbot system uses conversational artificial intelligence (AI) technology. Users can communicate with digital devices in the same manner they would with real people by using chatbots, which are computer programmes that replicate and translate spoken or typed human communication.
Impact of COVID-19 on the Global Chatbot Market Rapid COVID-19 spread has a detrimental effect on the market for OSS BSS systems and platforms. Company closures and strict lockdowns have had a significant negative influence on nearly every industry in the world. Nearly every industry has suffered greatly as a result of the labour scarcity on production lines, supply chains, and industrial facilities.
Scope of the Report: Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Component, By Platform, By Deployment, By End User.
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered International Business Machines Corporation (IBM), Microsoft Corporation, Google LLC, Amazon Web Services Inc., Inbenta, c, Aivo, Conversica, LiveChat, Gupshup, SmartBots, Yellow Messenger, eGain Corporation.
Global Chatbot Market Segmentation:
By Platform: Based on the Platform, Global Chatbot Market is segmented as; Web Based, Messenger Based Or Third Party
By Deployment: Based on the Deployment, Global Chatbot Market is segmented as; On Premise, Cloud
By End User: Based on the End User, Global Chatbot Market is segmented as; BFSI, Retail, e-commerce, Government, Travel, Hospitality, Others.