Press release
New report examine growth AI-based Chatbot Market 2019 by 24/7 Customer, CX Company, Creative Virtual Pvt, E-Gain Corporation, Codebaby, Speaktoit, Next IT Corporation, Artificial Solutions.
AI-based Chatbot Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +15%. The base year considered for the study is 2018 and the forecast period considered is 2019 To 2025.Artificial Intelligence (AI) supported chat rooms are automating and improving B2B, B2C, and B2B communications in a push-pull manner, bringing customer relationship management (CRM) to a new level. Get the right information at the right time. Chat-bots offers benefits to your customers by offering you the freedom to interact freely with your existing clients and potential customers. Research shows that more than 50% of customer queries can be managed today with AI-based chat bots.A chatbot (also known as a smartbot, conversational bot, chatterbot, interactive agent, conversational interface, Conversational AI, or artificial conversational entity) is a computer program or an artificial intelligence which conducts a conversation via auditory or textual methods. Such programs are often designed to convincingly simulate how a human would behave as a conversational partner, thereby passing the Turing test.
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The major players operating in the global chatbot market are
• 24/7 Customer
• CX Company,
• Creative Virtual Pvt. Ltd.
• E-Gain Corporation,
• IBM Watson,
• Codebaby,
• Speaktoit Inc.,
• Next IT Corporation,
• Artificial Solutions,
• Creative Virtual
• CX Company
• Astute Solutions
It is believed that prepaid wireless service providers (and some post-paid service MVNOs) will be the first and best target service areas for AI-based CRM. More specifically, carriers will look beyond AI based chat-bots and other online CRM automation tools towards conversational AI, which will be very important for both cost reduction and customer satisfaction. This is the reason for this, because it will provide the best combination of human-like interaction, but with the full knowledge base of carrier service information.
The Global AI-based Chat-bot Market It Intelligence is a valuable source of insightful data for business strategists. It provides the AI-based Chat-bot industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This AI-based Chat-bot n market study provides comprehensive data which enhances the understanding, scope and application of this report.
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a) Market penetration-In depth data on the products and services offered by top players in the AI-based Chatbot market. The report analyzes the AI-based Chatbot market by products, application, end user and region.
b) Product development/innovation- Intricate insights on upcoming technologies, research and development activities, and new product launches in the AI-based Chatbot market.
Global Chatbot Market: Type Segment Analysis
Support chatbot
Skills chatbot
Assistant chatbot
Chatbot Market: End-User Segment Analysis
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Table of Contents:
Global AI-based Chatbot Market Research Report 2019-2025
Chapter 1 Global AI-based Chatbot Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global AI-based Chatbot Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global AI-based Chatbot Market Forecast
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