Europe Conversational Computing Platform Market to Receive USD 255106.69 Million by 2030, Size, Shares, Trends, Future Demand, Growth Opportunities and Revenue Analysis

Europe Conversational Computing Platform Market was valued at USD 29413.82 million in 2022 and is expected to reach USD 255106.69 million by 2030, registering a CAGR of 31% during the forecast period of 2023-2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

The conversational computing platform is a set of techniques that allows the user to enable computer application processes, and understand and respond to the voice and text-related commands. The rising adoption of big data analytics and cloud-based services are the factors boosting the growth of the market. The cloud-based segment held the largest generated revenue share in 2020. Furthermore, the increasing use of Chabots' in various AI-powered applications is also a factor boosting the market's growth over the forecasted period.

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Europe Conversational Computing Platform Market Analysis:

This Europe Conversational Computing Platform Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Europe Conversational Computing Platform market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Key players operating in the Europe Conversational Computing Platform market include:

IBM (U.S.)
Alphabet (U.S.)
Microsoft (U.S.)
Amazon Web Services, Inc. (U.S.)
Artificial Solutions (Sweden)
Apexchat (U.S.)
Botpress (Canada)
Cognizant (U.S.)
Cognigy (Germany)
Conversica, Inc. (U.S.)
Jio Haptik Technologies Limited (India)
Nuance Communications, Inc. (U.S.)
Omilia Natural Language Solutions Ltd (Cyprus)
Oracle (U.S.)
Nuacem AI (India)
PolyAI Ltd., (U.K.)
SAP (Germany)

Recent Developments

In 2019, PolyAI Ltd. raised USD 12 million in funding for series A. This investment will help the company develop more sophisticated AI technology for its customers, enhancing the company's product portfolio.

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Europe Conversational Computing Platform Market Segmentations:

Type

Solution
Chatbot
Text Assistant
Voice Assisted
Service
Training & Consulting
System Integration and Deployment
Support & Maintenance

Deployment Type

Cloud-Based
On-Premise

Technology

Natural Language Processing
Natural Language Understanding
Machine Learning and Deep Learning
Automated Speech Recognition

Application

Customer Support
Personal Assistance
Branding and Advertisement
Customer Engagement and Retention
Booking Travel Arrangements
Onboarding and Employee Engagement
Data Privacy and Compliances
Others

End Users

Retail and E-Commerce
Banking, Financial Services and Insurance (BFSI)
IT and Telecom
Entertainment and Media
Travel and Hospitality
Others

Europe Conversational Computing Platform Market Country Level Analysis

The countries covered in the conversational computing platform market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

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Table of Content: Europe Conversational Computing Platform Market

Introduction
Market Segmentation
Executive Summary
Premium Insights
Market Overview
Europe Conversational Computing Platform Market, By Types
Europe Conversational Computing Platform Market, By Application
Europe Conversational Computing Platform Market, By End User
Europe Conversational Computing Platform Market, Company Landscape
SWOT Analysis
Company Profile
Questionnaire
Related Reports

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=europe-conversational-computing-platform-market

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Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

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