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North American Chatbot Market: Analysis Report, Share, Trends and Overview 2021-2027

10-04-2021 12:45 PM CET | Media & Telecommunications

Press release from: Orion Market Research

The North American chatbot market is anticipated to grow at a CAGR during the forecast period (2021-2027). Chatbots have gain popularity in various end-user industries such as healthcare, food & beverages, media & entertainment, BFSI, among others owing to the features such as reduced operation cost, fast solution, simple and easy user interface, and many more, in North America. With the emergence of industries, the adoption and use of chatbots are increasing which is the major factor that is driving the growth of the region. In North America, the US is the second-largest market for retail & e-commerce. The need for an AI-powered Intelligent Virtual Assistant solution for customer engagement or to deliver an enhanced shopping experience to customers has significantly risen the adoption of chatbots. Therefore, the adoption of chatbots within the retail & e-commerce sector would witness tremendous growth during the forecast period.

A full report of North American Chatbot Market is available at: https://www.omrglobal.com/industry-reports/north-american-chatbot-market

The presence of major chatbot providers such as International Business Machines Corporation (IBM), Nuance Communications, Inc., Next IT Corporation, Google Inc., is also positively affecting the market growth in the region. These market players are investing high in order to deploy advanced technologies in chatbot software. Moreover, the new product launches by these market players are also propelling the market growth. For instance, in January 2019, Ingenico Group has launched an innovative payment-enabled chatbot for better customer experience outcomes. The company has integrated natural language processing (NLP) from IBM Watson to create the chatbot. Moreover, in April 2020, Google LLC has introduced an AI chatbot also called the Rapid Response Virtual Agent Program to provide information related to coronavirus in the COVID-19 pandemic. The company has developed the chatbot for government agencies, healthcare, and public health organizations, as well as travel, financial services and retail industries.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/north-american-chatbot-market

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Deployment Mode
o By Component
o By Verticals
o By Application
• Competitive Landscape- Amazon Web Services (AWS), Botsify Inc., Google LLC., IBM Corp., Microsoft Corp., MindMeld Inc. (Cisco), Nuance Communication, Inc. Oracle, [24]7.ai, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

North American Chatbot Market Report Segment

By Deployment Model

• On-Premises
• Cloud-based

By Component

• Solution
• Services

By Verticals

• Healthcare
• Travel and Hospitality
• Media and Entertainment
• Telecommunication
• Banking & Financial Service and Insurance (BFSI)
• Retail and E-commerce
• Others

By Application

• Customer Care
• Branding & Advertisement
• Data Privacy and Compliance
• Employee Engagement and On-boarding
• Payment Processing
• Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/north-american-chatbot-market

North American Chatbot Market Report – Countries Covered

• US
• Canada

Company Profiles

• [24]7.ai, Inc
• Aivo (Argentina)
• Amazon Web Services Inc.
• Artificial Solution International AB
• Botsify Inc.
• CogniCor Technologies Inc.
• Contus
• Conversica, Inc.
• Creative Virtual Ltd.
• eGain Corp.
• Google LLC.
• IBM Corp.
• Inbenta Technologies Inc.

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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