Chatbot Market Industry Growth And Forecast Analysis Report Till 2031

The global Chatbot market report by the business research company identifies rising adoption of smartphone users is expected to propel the growth of the chatbot market going forward. A smartphone is an electric device that provides a connection to a cellular network. Chatbots can simulate a conversation with the user in natural language through websites, messaging applications, or mobile apps. Chatbots on mobile phones can provide virtual assistance for a variety of user needs.

The global chatbot market size is expected to grow from $4.23 billion in 2021 to $5.43 billion in 2022 at a compound annual growth rate (CAGR) of 28.5%. The global chatbot market size is expected to grow to $13.89 billion in 2026 at a CAGR of 26.4%.

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North America was the largest region in the chatbot market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global chatbot market during the forecast period. The regions covered in the chatbot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the Chatbot Market are International Business Machines Corporation (IBM), Microsoft Corporation, Google LLC, Amazon Web Services Inc, Nuance Communications Inc., Creative Virtual, Artificial Solutions, Inbenta, Next It Corp, Aivo, Conversica, LiveChat, Gupshup, Contus, SmartBots, Yellow Messenger, Kevit, eGain Corporation, Helpshift, Oracle, ServiceNow, Personetics, MindMeld, CogniCor, Yekaliva, Pypestream, Acuvate, Botsify Inc, Astute Solutions, and Haptik Inc.

The global chatbot market is segmented -
1) By Type: Text, Voice, Hybrid
2) By Component: Solution, Services
3) By Platform: Standalone, Web-Based, Messenger-Based or Third Party
4) By Deployment: On-Premise, Cloud
5) By End-User: BFSI, Healthcare, IT and Telecommunication, Retail, Travel and Hospitality, Others

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The Chatbot Market Report Contents Include
1. Executive Summary
2. Chatbot Market Characteristics
3. Chatbot Market Trends And Strategies
4. Impact Of COVID-19 On Chatbot
5. Chatbot Market Size And Growth
....
26. Africa Chatbot Market
27. Chatbot Market Competitive Landscape And Company Profiles
28. Chatbot Pipeline Analysis
29. Key Mergers And Acquisitions In The Chatbot Market
30. Chatbot Market Future Outlook and Potential Analysis
31. Appendix

This report covers the trends and market dynamics of the Chatbot market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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