The Global Conversational AI Market Research Report published by VynZ Research offers first-hand data, qualitative and quantitative analysis by industry analysts, and inputs from industry experts and stakeholders across the entire chain. The research examines current market trends, macroeconomic factors, regional analysis in-depth, as well as market attractiveness by segment.
The Global Conversational AI Market is anticipated to be valued at USD 17.2 billion by 2027, registering a market growth rate 30.2% CAGR during the 2021-2027. The Market research offers SWOT analysis of competitors including external environment analysis and PEST analysis. Furthermore, the Market study provides business methods for dealing with COVID-19 impact on the Market.
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Segmentation Analysis:
The study report examines significant market characteristics and latest developments, as well as research about relevant market segments and sub-segments, in-depth.
Segmentation of the Global Conversational AI Market
By Component
- Platform
- Service
- Support & Maintenance
- Training & Consulting
- System Integration
By Type
- Chatbot
- Intelligent Virtual Assistant (IVA)
- Intelligent Interactive Voice Response (IVR) System
By Deployment
- On-Premises
- Cloud-Based
By Industry
- Banking, Financial Services, and Insurance (BFSI)
- Retail and E-commerce
- Healthcare
- Hospitality
- Telecom
- Media and Entertainment
- Energy & Utilities
- Oil & Gas
- Government
- Others
By Technology
- Natural Language Processing
- Machine Learning
- Automatic Speech Recognition
- Computer Vision
- Video Recognition
- Others
By Application
- Customer Support
- Personal Assistant
- Branding & Advertisement
- Customer Engagement & Retention
- Onboarding & Employee Engagement
Prominent Leading Companies and Regional Outlook of Global Conversational AI Market Share Analysis
The report also covers the market's major strategic developments, such as R&D, M&A, agreements, novel product launches, collaborations, partnerships, joint ventures, and regional growth of the market's competing firms on a global and regional scale.
Furthermore, the study includes Porter's five forces analysis of the industry to understand the impact of various factors on the growth of the market, such as bargaining power of suppliers, rivalry among competitors, the threat of new entrants, threat of substitutes products or service, and bargaining power of supplier.
The major industry players across the value chain for Global Conversational AI Market include:
- Nuance Communications Inc.
- Haptik Inc.
- Oracle Corporation
- Google LLC
- Microsoft Corporation
- International Business Machines Corporation
- SAP SE
- Baidu Inc.
- Conversica Inc.
- Amazon.com Inc.
- Solvvy Inc.
- Creative Virtual Ltd.
- Avaamo Inc.
- Inbenta Technologies Inc.
- Artificial Solutions International AB
- Kore.ai Inc.
Some of the frequently asked questions addressed in the report include:
- What are the trends and drivers impacting the Global Conversational AI Market?
-Preparation of SWOT and PESTLE analysis of competitors in the market.
-What are the regions covered in the report and the opportunities prevalent in the region leading to the growth of the market?
-What are the segments covered in the report and the strategies adopted by Industry Players in the Report?
-What are the innovative technologies in the market that are covered and their outlook?
-What are the regulations initiated by the government so as to expand the market?
- What are some recent trends that may have an impact on the product/service and return on investment (ROI)?
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About Company:
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.
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