Chatbots
Market Report 2018 added by Data Bridge Market Research explores Global
Chatbots Market size, share and growth with forecast to 2025.
The report covers the current scenario and the future growth
prospects of the “Chatbots
Market” for 2018-2025. To calculate the market size, the report presents a
detailed picture of the market by way of study, synthesis, and summation of
data from multiple sources.
Global Analysis of
Chatbots Market:
Global Chatbots Market is expected to reach USD 4125.3 Million by
2025, from USD 750.3 Million in 2017 growing at a CAGR of 36.5% during the
forecast period of 2018 to 2025. The upcoming market report contains data for
historic years 2014 & 2015, the base year of calculation is 2016 and the
forecast period is 2018 to 2025.
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Report Definition:
This market
report defines the market trends and forecast the upcoming opportunities and
threats of the chatbots market in the next 8 years. Chatbots is a computer
program designed to simulate chat with human users, over the Internet. It
conducts conversation via auditing and textual messages. These are the computer
programs that imitate conversation with people using artificial intelligence.
The chatbot ecosystem includes several cross-linking features that enable
enhanced performance of chatbots in various applications. Many companies prefer
in-built chatbots on their websites as they facilitate companies in providing
immediate customer interaction. Mostly slack and twitter messaging platforms
are preferred by businesses. Chatbots allows companies to engross in continuous
communication with their customers. Chatbots installed by the companies offer
information related to product and brand, which helps the company to increase
brand awareness, and inspire customers to sign up for the company’s account.
There is a huge growth for chatbots because large enterprises widely employ
chatbot for digital marketing applications and for easy communication. The Kik
Bot Store is going to launch chatbot with 16 bots, which will include the
Weather Channel, H&M, Vine and Funny or Die.
The Global Chatbots Market report consists of below
pages:
·
No of pages: 350
·
No of Figures: 60
·
No of Tables: 220
Competitive Analysis:
The global chatbots market is
highly fragmented and the major players have used various strategies such as
new product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market. The
report includes market shares of chatbots market for global, Europe, North
America, Asia pacific and South America.
Top Key Competitors/Players:
·
IBM
·
Nuance Communications, Inc.
·
eGain Corporation.
·
Creative Virtual Ltd.
·
Artificial Solutions
·
Next IT Corp.
·
[24]7.ai, Inc.
·
CX Company
·
Speaktoit, Inc.
·
iDAvatars, Baidu, Inc
·
Poncho, Kik.
·
WeChat.
·
Varo
·
Babylon
·
ReplyYes
·
SRI International
·
Inbenta Technologies Inc.
·
Anboto
·
Among others.
Inquiry
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Major Market Drivers and Restraints:
·
Acceptance of cloud-based technology
·
Increasing demand for automated
patient management tools in the healthcare industry
·
Penetration of websites and
mobile applications are increased.
·
Lack of awareness due to early
presence in tech-adoption life cycle
·
High deployment cost and system
integration complexities
Report Segmentation:
The global chatbots market is segmented into type, industry
vertical, usage, deployment type, end user and by geography.
Based on type, the global chatbots market is segmented into:
·
Software
·
Services
Services are
further segmented into:
·
Professional Services
·
Managed Services.
On the basis of usage, the global chatbots market is segmented into:
·
Websites
·
Contact Centres
·
Social Media
·
Mobile Platform
On the basis of industry vertical, the global chatbots market is
segmented into:
·
Financial Services
·
Healthcare
·
Communication
·
Retail
·
Travel and Hospitality
·
Government
·
Education
·
Utilities
·
Others
On the basis of deployment type, the global chatbots market is
segmented into:
·
On-Premises
·
On-Cloud
On the basis of end user, the global chatbots market is segmented
into:
·
Small and Medium Enterprises
·
Large Enterprises
Based on geography, the global chatbots market report covers data
points for 28 countries across multiple geographies namely:
·
North America
·
South America
·
Europe
·
Asia-Pacific
·
Middle East & Africa
Some of the major countries covered in this report are
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia,
China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South
Africa and, Brazil among others.
Read more about the Global Chatbots
Market Visit @ http://databridgemarketresearch.com/reports/global-chatbots-market/
Key
Reasons to Purchase:
·
To gain insightful
analyses of the market and have comprehensive understanding of the Global
Chatbots Market and its commercial landscape.
·
Assess the Chatbots
production processes, major issues, and solutions to mitigate the development
risk.
·
To understand the most
affecting driving and restraining forces in the Chatbots Market and its impact
in the Global market.
·
Learn about the market
strategies that are being adopted by leading respective organizations.
·
To understand the
future outlook and prospects for Global Chatbots Market.
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About Data Bridge Market
Research:
Data Bridge
Market Research set forth itself as an unconventional and neoteric
Market research and consulting firm with unparalleled level of resilience and
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process.
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