The chatbot market is expected to be around US$ 20 billion by 2027, at a CAGR of 29.6% during the forecast period.
Chatbot is automated to aid users and businesses to network through medium like voice, text, video, file sharing, and image. Chatbot practice natural language processing for discussion with user and offer improved customer engagement in several applications contains retail, healthcare, banking financial services and insurance, e-commerce and others the chatbot market is segmented based on podium and enterprise size. Chatbot are accessible through different platforms like we-based, mobile and standalone. Also, this market is segmented on the basis of enterprise size contains small & medium enterprise and large enterprise. The chatbots market overview offers the growth scenario and market potential through maximum precision, which is announced with suitable assumptions. The report features unique and relevant factors which are anticipated to create an important impact on the chatbots market during the estimate period. This report contains a detailed and considerable amount of information, which will support new solution workers in the most comprehensive manner for better understanding. Several stakeholders in the chatbots market can trust on the data presented in this research study and investigate into pragmatic decision-making. Furthermore, information offered in the chatbots market report also supports new market entrants expand their bases in the chatbots market.
The global Chatbot market is segregated on the basis of Application as Data Privacy and Compliance, On-Boarding and Employee Engagement, Customer Support, Personal Assistant, Branding and Advertisement, Customer Engagement and Retention, and Others. Based on Component the global Chatbot market is segmented in Services and Solutions. Based on Technology the global Chatbot market is segmented in Automated Speech Recognition, Natural Language Processing, and Machine Learning and Deep Learning.
Based on Organization Size, the global Chatbot market is segmented in Small and Medium-Sized Enterprises and Large Enterprises. The report also bifurcates the global Chatbot market based on Usage in Contact Centers, Social Media, Mobile Platform, and Websites. The report also bifurcates the global Chatbot the global Deployment Model market is segmented in Cloud and On-Premises.
The global Chatbot market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Chatbot market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
CogniCor Technologies, Conversica, Gupshup, Kevit, Yekaliva, IBM, Nuance Communications, Google, Aws, Artificial Solutions, and others are among the major players in the global Chatbot market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Chatbot Market has been segmented as below:
Chatbot Market, By Application
Chatbot Market, By Vertical
Chatbot Market, By Organization Size
Chatbot Market, By Usage
Chatbot Market, By Deployment Model
Chatbot Market, By Technology
Chatbot Market, By Region
Chatbot Market, By Company
The report covers:
Report Scope:
The global Chatbot market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Chatbot market share. Major industry players with significant revenue share include CogniCor Technologies, Conversica, Gupshup, Kevit, Yekaliva, IBM, Nuance Communications, Google, Aws, Artificial Solutions, and others.
Reasons to Buy this Report:
Some of the recent Developments in Chatbot market are as follows:
Nuance Communications
Artificial Solutions
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Chatbot Market, By Application
5.1 Introduction
5.2 Data Privacy and Compliance
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 On-Boarding and Employee Engagement
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Customer Support
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Personal Assistant
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Branding and Advertisement
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Customer Engagement and Retention
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Others
5.8.1 Market Overview
5.8.2 Market Size and Forecast
6. Chatbot Market, By Vertical
6.1 Introduction
6.2 Media and Entertainment
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Telecommunications
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Banking, Financial Services, and Insurance
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Retail and Ecommerce
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Healthcare
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Travel and Hospitality
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Others
6.8.1 Market Overview
6.8.2 Market Size and Forecast
7. Chatbot Market, By Organization Size
7.1 Introduction
7.2 Small and Medium-Sized Enterprises
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Large Enterprises
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Chatbot Market, By Usage
8.1 Introduction
8.2 Social Media
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Contact Centers
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Websites
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Mobile Platform
8.5.1 Market Overview
8.5.2 Market Size and Forecast
9. Chatbot Market, By Deployment Model
9.1 Introduction
9.2 Cloud
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 On-Premises
9.3.1 Market Overview
9.3.2 Market Size and Forecast
10. Chatbot Market, By Technology
10.1 Introduction
10.2 Natural Language Processing
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 Machine Learning and Deep Learning
10.3.1 Market Overview
10.3.2 Market Size and Forecast
10.4 Automated Speech Recognition
10.4.1 Market Overview
10.4.2 Market Size and Forecast
11. Chatbot Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America Chatbot, By Application
11.2.2 North America Chatbot, By Vertical
11.2.3 North America Chatbot, By Organization Size
11.2.4 North America Chatbot, By Usage
11.2.5 North America Chatbot, By Deployment Model
11.2.6 North America Chatbot, By Technology
11.3 Europe
11.3.1 Europe Chatbot, By Application
11.3.2 Europe Chatbot, By Vertical
11.3.3 Europe Chatbot, By Organization Size
11.3.4 Europe Chatbot, By Usage
11.3.5 Europe Chatbot, By Deployment Model
11.3.6 Europe Chatbot, By Technology
11.4 Asia-Pacific
11.4.1 Asia-Pacific Chatbot, By Application
11.4.2 Asia-Pacific Chatbot, By Vertical
11.4.3 Asia-Pacific Chatbot, By Organization Size
11.4.4 Asia-Pacific Chatbot, By Usage
11.4.5 Asia-Pacific Chatbot, By Deployment Model
11.4.6 Asia-Pacific Chatbot, By Technology
11.5 Rest of the World
11.5.1 Rest of the World Chatbot, By Application
11.5.2 Rest of the World Chatbot, By Vertical
11.5.3 Rest of the World Chatbot, By Organization Size
11.5.4 Rest of the World Chatbot, By Usage
11.5.5 Rest of the World Chatbot, By Deployment Model
11.5.6 Rest of the World Chatbot, By Technology
12. Competitive Insights
12.1 Key Insights
12.2 Company Market Share Analysis
12.3 Strategic Outlook
12.3.1 Mergers & Acquisitions
12.3.2 New Product Development
12.3.3 Portfolio/Production Capacity Expansions
12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
12.3.5 Others
13. Company Profiles
13.1 CogniCor Technologies
13.1.1 Company Overview
13.1.2 Product/Service Landscape
13.1.3 Financial Overview
13.1.4 Recent Developments
13.2 Conversica
13.2.1 Company Overview
13.2.2 Product/Service Landscape
13.2.3 Financial Overview
13.2.4 Recent Developments
13.3 Gupshup
13.3.1 Company Overview
13.3.2 Product/Service Landscape
13.3.3 Financial Overview
13.3.4 Recent Developments
13.4 Kevit
13.4.1 Company Overview
13.4.2 Product/Service Landscape
13.4.3 Financial Overview
13.4.4 Recent Developments
13.5 Yekaliva
13.5.1 Company Overview
13.5.2 Product/Service Landscape
13.5.3 Financial Overview
13.5.4 Recent Developments
13.6 IBM
13.6.1 Company Overview
13.6.2 Product/Service Landscape
13.6.3 Financial Overview
13.6.4 Recent Developments
13.7 Nuance Communications
13.7.1 Company Overview
13.7.2 Product/Service Landscape
13.7.3 Financial Overview
13.7.4 Recent Developments
13.8 Google
13.8.1 Company Overview
13.8.2 Product/Service Landscape
13.8.3 Financial Overview
13.8.4 Recent Developments
13.9 Aws
13.9.1 Company Overview
13.9.2 Product/Service Landscape
13.9.3 Financial Overview
13.9.4 Recent Developments
13.10 Artificial Solutions
13.10.1 Company Overview
13.10.2 Product/Service Landscape
13.10.3 Financial Overview
13.10.4 Recent Developments
13.11 Inbenta Technologies
13.11.1 Company Overview
13.11.2 Product/Service Landscape
13.11.3 Financial Overview
13.11.4 Recent Developments
13.12 [24]7.AI
13.12.1 Company Overview
13.12.2 Product/Service Landscape
13.12.3 Financial Overview
13.12.4 Recent Developments
13.13 Chatfuel
13.13.1 Company Overview
13.13.2 Product/Service Landscape
13.13.3 Financial Overview
13.13.4 Recent Developments
13.14 SmartBots.AI
13.14.1 Company Overview
13.14.2 Product/Service Landscape
13.14.3 Financial Overview
13.14.4 Recent Developments
13.15 Contus
13.15.1 Company Overview
13.15.2 Product/Service Landscape
13.15.3 Financial Overview
13.15.4 Recent Developments
13.16 Yellow Messenger
13.16.1 Company Overview
13.16.2 Product/Service Landscape
13.16.3 Financial Overview
13.16.4 Recent Developments
13.17 AIVO
13.17.1 Company Overview
13.17.2 Product/Service Landscape
13.17.3 Financial Overview
13.17.4 Recent Developments
13.18 Botsify
13.18.1 Company Overview
13.18.2 Product/Service Landscape
13.18.3 Financial Overview
13.18.4 Recent Developments
13.19 Passage AI
13.19.1 Company Overview
13.19.2 Product/Service Landscape
13.19.3 Financial Overview
13.19.4 Recent Developments
13.20 Kore.AI
13.20.1 Company Overview
13.20.2 Product/Service Landscape
13.20.3 Financial Overview
13.20.4 Recent Developments
13.21 KeyReply
13.21.1 Company Overview
13.21.2 Product/Service Landscape
13.21.3 Financial Overview
13.21.4 Recent Developments
The Chatbot Market has been segmented as below:
Chatbot Market, By Application
Chatbot Market, By Vertical
Chatbot Market, By Organization Size
Chatbot Market, By Usage
Chatbot Market, By Deployment Model
Chatbot Market, By Technology
Chatbot Market, By Region
Chatbot Market, By Company
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