Conversational Artificial Intelligence (AI) Market 2021 Growth, COVID Impact, Trends Analysis Report 2027
The global interactive AI market was valued at $38.9 billion in 2019 and is expected to reach $18.2 billion by 2027 and is expected to grow at a CAGR of 21% from 2021 to 2027.Technological advances and innovations in the field of artificial intelligence are the driving force behind the market growth. In addition, the increasing adaptation of omni-channel deployment methods and low cost of chatbot applications are another factor driving the market growth. In addition, the increasing utilization of AI-based customer service is having a positive impact on the growth of the interactive AI market.
A full report of Conversational Artificial Intelligence (AI) Market available at https://www.orionmarketreports.com/conversational-artificial-intelligence-ai-market/53627/
Major players such as Amazon Web Services, Inc., Microsoft, Oracle, IBM, Google LLC, SAP ERP, Baidu, Inc., Nuance, Artificial Solutions, Haptik and Creative Virtual.
Conversational Artificial Intelligence (AI) Market Segmentations
By Technology
• Machine Learning and Deep Learning
• Automated Speech Recognition
• Natural Language Processing
By Deployment Type
• on-premises
• cloud
By Vertical
• solutions
• services
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Conversational Artificial Intelligence (AI) Market Report
• What was the Conversational Artificial Intelligence (AI) Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Conversational Artificial Intelligence (AI) Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Conversational Artificial Intelligence (AI) Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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