The global chatbot market is expected to grow at a rate of 26% through 2026
The Business Research Company Chatbots Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026
LONDON, GREATER LONDON, United Kingdom, Aug. 1, 2022 /EINPresswire.com/ — According to the “Chatbot Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the size of the chatbot market is expected to reach $13.89 billion in 2026 at a CAGR of 26.4%. According to the chatbot market analysis, the growing adoption of smartphone users is expected to propel the growth of the chatbot industry in the future.
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The chatbot market consists of sales of chatbots by entities (organizations, sole traders, and partnerships) that can range from simple online programs that answer a simple question to sophisticated digital assistants that learn and adapt as you go. as they collect and process data to create increasingly personalized experiences. A chatbot is a computer program that simulates and interprets written or spoken human dialogue, allowing users to interact with digital gadgets the same way they interact with real people.
Global chatbot market trends
Technological advancements have become a key trend that is gaining popularity in the market. According to the chatbot market research, major companies operating in the market are focusing on developing new technological solutions to strengthen their position in the market. For example, in November 2021, ZeroShotBot, a US-based chatbot company, launched a disruptive new conversational AI technology that democratizes chatbots for organizations large and small. It is the newest technique for building chatbots that can be scaled in hours and requires no training data, allowing anyone without coding knowledge or training to build a fully functional chatbot.
Segments of the global chatbot market
The global chatbot market is segmented:
By type: text, voice, hybrid
By Component: Solution, Services
By platform: standalone, web-based, Messenger-based, or third-party
By deployment: on-premises, in the cloud
By End User: BFSI, Healthcare, IT & Telecom, Retail, Travel & Hospitality, Other
By Geography: The global chatbot market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Of these regions, North America accounts for the largest share.
Learn more about the Global Chatbots Market report here
The Global Chatbots Market Report 2022 is part of a series of new reports from The Business Research Company that provide global chatbots market overviews, analysis and market size and growth forecasts for the market. global chatbots, the global chatbots market share, segments and geographies of the chatbots market, the chatbots market players, revenue, profiles and market shares of top competitors in the chatbots market. The Chatbots Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s Global Chatbots Market Report 2022 includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: 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.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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