Chatbots Market Size, Share, Opportunities, Development Strategy by Facebook, WeChat, Artificial Solutions, IBM, Naunce Communications, Egain, Creative Virtual, NEXT IT Corp, CX Company, Speaktoit, 24/7 Customer

Market Highlights:

Market Research Future (MRFR) anticipates an extraordinary compound annual growth rate of 37% in the global chatbots market over the forecast period of 2017-2023. The global chatbots market has been evolving at a rapid pace. Growing sophistication and accuracy of AI has been instrumental in making chatbots more robust and suitable for a broader range of applications. As AI and Natural Language Processing techniques advance, chatbots are better able to understand and determine context and user intent. Rising demand for self-service and increasing pressure on contact centers have contributed to the popularity of chatbots as users themselves can manage chatbots. Businesses of all stripes are embracing chatbots into their organizations to balance evolving customer expectations and be more agile.

Key Players:

The prominent players in chatbots market are – Facebook, Inc. (U.S.), WeChat (China), Artificial Solutions (Sweden), IBM (U.S.), Naunce Communications Inc. (U.S.), Egain Corporation (U.S.), Creative Virtual Pvt. Ltd. (U.K.), NEXT IT Corp. (U.S.), CX Company (Netherlands), Speaktoit Inc. (U.S.), 24/7 Customer Inc. (U.S.), Codebaby (Idavatars), Inc. (U.S.), DigitalGenius (U.K.), Howdy (U.S.), Talla (U.S.), Semantic Machines (U.S.), among others.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/2981

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Industry News
• In October 2018, L'Oréal, a global leader in makeup, cosmetics, hair care announced that it has deployed recruitment chatbots to improve its candidate experience.
• In October 2018, Avaya Holdings Corp. announced the launch of the world's first social platform for chatbots. Avaya will incorporate the new capability in its Avaya Ava smart self-service platform which will raise the bar for customer service and satisfaction.

Market insights
The Chatbot Market since 2016 has been at an all-time high with regards to its growth. It’s grown by leaps and bound with regard to financial upsurge in the past few years, and is also estimated to reach approximately USD 6 billion, at CAGR of 37%. There are many factors that cater to this onrush, mainly extensive customer assistance, and proactive customer interaction, large share of the market depending on online messaging, multi lingual skills based Chatbots, and cost saving as Chatbots can cater to many customers at the same time without any delay. Major adoption of cloud-based systems can also be labelled as another reason for the growth.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/chatbots-market-2981

Intended Audience
• Technology investors
• Healthcare-related product manufacturers
• Integrated device manufacturers (IDMs)
• Original Manufacturers (OEMs)
• Smart grid integrators
• Surface mount component device distributors and providers
• Research/Consultancy firms

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.