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Comprehensive Artificial Intelligence (AI) In Customer Experience Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034

03-27-2025 03:12 PM CET | IT, New Media & Software

Press release from: The Business Research Company

Artificial Intelligence AI In Customer Experience

Artificial Intelligence AI In Customer Experience

What market dynamics are playing a key role in accelerating the growth of the artificial intelligence (ai) in customer experience market?
The expansion of digital channels is expected to drive the growth of AI in the customer experience market. Digital channels refer to online platforms used for business-customer interactions, product delivery, and transactions. These channels improve customer engagement and streamline communication. AI enhances these digital channels by automating personalized interactions, offering real-time support, and analyzing customer data to improve engagement and satisfaction. For instance, in September 2024, the UK Office for National Statistics reported that the share of online retail sales increased from 27.6% in Q4 2022 to 28.7% in Q4 2023. This expansion of digital channels is contributing to the growth of AI in the customer experience market.

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How will the growth rate of the artificial intelligence (ai) in customer experience market shape industry trends by 2034?
The artificial intelligence (AI) in customer experience market has seen exponential growth in recent years. It is forecasted to increase from $13.9 billion in 2024 to $17.75 billion in 2025 at a CAGR of 27.7%. The previous expansion can be attributed to AI-driven reductions in operational costs, the growing use of AI-powered chatbots, increasing customer expectations, and improvements in customer data security and fraud detection.

The artificial intelligence (AI) in customer experience market is set for exponential growth, reaching $46.9 billion by 2029 at a CAGR of 27.5%. This growth will be driven by the increasing use of AI in mobile applications, the rising preference for AI-powered self-service options, the growing adoption of real-time decision-making, enhanced scalability, and improved multilingual support. Major trends in the forecast period include the integration of robotic process automation with AI, AI-driven predictive analytics, incorporation with CRM systems, advancements in natural language processing, and progress in deep learning models.

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What trends are poised to drive the future success of the artificial intelligence (ai) in customer experience market?
Finally, the AI in customer experience market is leveraging AI-powered assistants to enhance CRM capabilities. Salesforce's Einstein Copilot, launched in September 2023, is an AI-powered assistant that helps sales, service, marketing, and commerce teams improve efficiency by automating tasks and personalizing customer interactions. This tool is designed to accelerate deal closures, simplify campaign development, and assist with e-commerce tasks, improving overall customer satisfaction and operational efficiency.

Which primary segments of the artificial intelligence (ai) in customer experience market are driving growth and industry transformations?
The artificial intelligence (AI) in customer experience market covered in this report is segmented -

1) By Component: Solution, Services
2) By Deployment Mode: Cloud-Based, On-Premise
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Application: Chatbots And Virtual Assistants, Sentiment Analysis, Customer Behavior Analytics, Personalized Recommendations, Other Applications
5) By Industry Vertical: Retail And E-commerce, Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecommunications, Healthcare, Travel And Hospitality, Media And Entertainment, Other Industry Verticals

Subsegments:
1) By Solution: AI-Powered Chatbots And Virtual Assistants, Sentiment Analysis Tools, Personalization Engines, Predictive Analytics For Customer Behavior, Customer Journey Mapping Tools, Voice And Speech Recognition Systems, AI-Based Recommendation Engines, AI-Driven Customer Feedback Analysis
2) By Services: AI Integration And Implementation Services, Consulting Services For Customer Experience Strategy, AI Model Training And Customization Services, Data Analytics And Reporting Services, Managed Services For AI-Powered Customer Experience, Post-Implementation Support And Maintenance, Customer Experience Optimization Services

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Which geographical regions are pioneering growth in the artificial intelligence (ai) in customer experience market?
North America was the largest region in the artificial intelligence (AI) in customer experience market in 2024. The regions covered in the artificial intelligence (AI) in customer experience market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the artificial intelligence (ai) in customer experience market landscape?
Major companies operating in the AI in customer experience market are Google LLC, Microsoft Corporation, Amazon Web Service, International Business Machines Corporation, Oracle Corporation, SAP SE, Salesforce Inc., Nvidia Corporation, Adobe Inc., Avaya LLC, NICE Ltd., Nuance Communications Inc., Zendesk Inc., Genesys Cloud Services Inc., Pegasystems Inc., Qualtrics LLC, Verint Systems Inc., Sprinklr Inc., Aptean Limited, Freshworks Inc., Medallia Inc., Hootsuite Inc., Servion Global Solutions Ltd., Intercom Inc., Ada Support Inc.

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What Is Covered In The Artificial Intelligence (AI) In Customer Experience Global Market Report?

•Market Size Forecast: Examine the artificial intelligence (ai) in customer experience market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the artificial intelligence (ai) in customer experience market for a structured understanding.
•Key Players Overview: Analyze major players in the artificial intelligence (ai) in customer experience market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence (ai) in customer experience market.
•Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence (ai) in customer experience market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence (ai) in customer experience market.
•Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence (ai) in customer experience market.
•Competitive Landscape: Review strategic developments in the artificial intelligence (ai) in customer experience market, including expansions, agreements, and new product launches.

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