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Conversational AI Platform Market Next Big Thing | Major Giants IBM, Google, Microsoft, Oracle

02-26-2023 10:02 AM CET | IT, New Media & Software

Press release from: AMA Research & Media LLP

Conversational AI Platform Market

Conversational AI Platform Market

Advance Market Analytics added research publication document on Worldwide Conversational AI Platform Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Conversational AI Platform market. The study provides valuable market size data for historical (Volume** & Value) from 2016 to 2020 which is estimated and forecasted till 2026*. Some are the key & emerging players that are part of coverage and have being profiled are IBM (United States), Google (United States), Microsoft (United States), AWS (United States), SAP (Germany), Oracle (United States), Cognizant (United States), Baidu (China), Nuance (United States), Artificial Solutions (Spain).

Get free access to Sample Report in PDF Version along with Graphs and Figures@ https://www.advancemarketanalytics.com/sample-report/92936-global-conversational-ai-platform-market#utm_source=OpenPRKavita

Conversational AI is a form of Artificial Intelligence technology that enables people to converse with applications, websites, and devices in the form of humanlike natural language via voice, text, touch or gesture input. Conversational AI platforms are a good solution for Start-ups who are small in size and limited financially. These systems offer a more straightforward and direct pipeline for customers to sort problems out, address concerns and reach goals. The use of messaging apps, speech-based assistants and chatbots to automate communication and create personalized customer experiences at scale.

On June 17, 2019, Avaamo, the leader in conversational AI technology, has joined the Automation Anywhere Technology Alliance Program to help deliver a comprehensive automation solution to enterprises.
On September 6, 2018, Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions has announced a global strategic partnership with Avaamo, a leader in conversational artificial intelligence (AI). This partnership will include developing and delivering conversational AI solutions for global enterprises.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Conversational AI PlatformMarket various segments and emerging territory.

Market Drivers
• Reduction in Development Time, Operational Costs, with Embedded Crowdsourcing
• Omni-Channel Deployment to Voice and Chat Channels
• Growing Adoption of AI-Powered Chabots by Small and Large Enterprises
• Increased Productivity and Greater Customer Satisfaction for Businesses across Many Sectors of Global Economy

Influencing Market Trend
• AI-powered Chatbots with Human Fall Back Option
• Rapid Rise in Smart Speakers and Voice Search are Accelerating Conversational AI Adoption

Opportunities:
• Next-gen technologies such as Augmented Reality, Gesture, Bio-Metric, Visual, Contextual and Intelligent
• More and More Businesses Leveraging Conversational AI to Achieve Business Goals
• Potential to Use AI-Powered Chatbots to Improve Conversion Rates, While Providing Operational Efficiencies

Challenges:
• Integration with Others Software’s and Platforms

Analysis by Type (AI-powered Chatbots, Intelligent Virtual Assistant, Others (Messaging Apps)), Application (Lead Generation, Customer Engagement, Customer Support, Feedback and Insights, E-commerce, Others), Input Type (Speech or Voice-Based, Text-Based, Touch or Gesture-Based), Deployment Type (Cloud-based, On-premise), Technology (Deep Learning, Natural Language Processing, Machine Learning, Others), Industry Vertical (BFSI, Media and Entertainment, Retail and e-commerce, Travel and Hospitality, Telecom, Healthcare and Life Sciences, Others (Government, Manufacturing, Education, and Energy and Utilities)), Operating System (IOS, Android, Windows, Others)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [IBM (United States), Google (United States), Microsoft (United States), AWS (United States), SAP (Germany), Oracle (United States), Cognizant (United States), Baidu (China), Nuance (United States), Artificial Solutions (Spain)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players

Have Any Questions Regarding Global Conversational AI PlatformMarket Report, Ask Our Experts@https://www.advancemarketanalytics.com/enquiry-before-buy/92936-global-conversational-ai-platform-market#utm_source=OpenPRKavita

The regional analysis of Global Conversational AI PlatformMarket is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2021-2027.

GDPR compliance presents certain challenges when it comes to customer data collection via this avenue.

On January 22, 2018, SAP SE has announced that it is acquiring Recast.AI, a French start-up based in Paris that focuses on conversational user experience technology. The acquisition will allow SAP to accelerate the development of its Leonardo machine learning (ML) capabilities that are part of its growing portfolio of intelligent software solutions.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study@ https://www.advancemarketanalytics.com/reports/92936-global-conversational-ai-platform-market#utm_source=OpenPRKavita

Highlights of the Report
• The future prospects of the global Conversational AI Platformmarket during the forecast period 2021-2027 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Conversational AI Platformmarket.

Contact US :
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (551) 333 1547
sales@advance Marketanalytics.com

About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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