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Conversational Marketing Software market was valued at US$ 778.3 million in 2022 and is anticipated to reach US$ 5493.7 million by 2029, witnessing a CAGR of 38.5% - Valuates Reports

09-27-2023 05:00 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Conversational Marketing Software market was valued at US$

Conversational Marketing Software market was valued at US$ 778.3 million in 2022 and is anticipated to reach US$ 5493.7 million by 2029, witnessing a CAGR of 38.5% during the forecast period 2023-2029.

Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-6I2825/Global_Conversational_Marketing_Platform_Market_Size_Status_and_Forecast_2021_2027

Conversational marketing software, also known as messenger marketing software, engages potential customers with personalized, one-on-one conversations route to specific product recommendations or offers. Conversational marketing platforms help provide a higher standard of customer service at scale and simplify the overall buying process for potential customers around the world at any time of day. Successful use of these platforms can also generate valuable, qualified leads, provide high-level insights into customer demographics and preferences, and accelerate the sales cycle.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global conversational marketing software main players include Drift, Snaps, Verloop, iAdvize, LiveWorld, Automat, Intercom, HubSpot, Conversica, Saleswhale, Whisbi, etc., totally accounting for about 80% of the market. Americas is the largest market, with a share over 40%. As for the types of products, it can be divided into cloud based and on-premises. The most common product is cloud based, with a share over 90%. In terms of applications, it is widely used in large enterprises and SMEs. Large enterprises is the largest application, holding a share over 70%.

This report aims to provide a comprehensive presentation of the global market for Conversational Marketing Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Conversational Marketing Software.
The Conversational Marketing Software market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Conversational Marketing Software market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Conversational Marketing Software companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
Cloud Based
On-Premises

Segment by Application
Large Enterprises
SMEs

Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-6I2825/global-conversational-marketing-platform

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https://reports.valuates.com/market-reports/QYRE-Auto-8K5969/global-conversational-ai-platform-software

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