Title: Voicebots Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2022-2027)
1Voicebots Market - Industry Analysis, Market
Size, Share, Trends, Application Analysis, Growth
And Forecast (2022-2027)
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- The Global Voicebots market size is estimated to
reach 98.2 billion by 2027, growing at a CAGR of
18.6 during the forecast period 2022-2027,
attributed to the increasing adoption of smart
home devices with in-built automatic speech
recognition technology, growing penetration of
smart speakers smartphones and so on. - The voicebots use machine learning, natural
language processing along with Interactive voice
response navigation system to answer customer
queries by interpreting the intentions and
meaning of the speech.
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- Key Takeaways
- Based on Technology, natural language processing
segment is analysed to grow at the highest rate
20.45 in the global Voicebots market during the
forecast period 2022-2027, owing to increasing
preferences for personalized customer services,
and growing use of voicebots in digital sales and
so on. - Voicebots market for customer service
communication is analysed to grow at the fastest
rate 21.30 during 2022-2027, attributed to
increasing demands for omnichannel customer
interaction, rising expectations of customers,
for improving interaction speed and so on.
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By Distribution Channel- Segment Analysis Based
on Technology, natural language
processing segment is analysed to grow at the
fastest rate of 20.4 in the global Voicebots
market during the forecast period 2022-2027,
owing to increasing preferences for personalized
customer services, growing use of voicebots in
digital sales and so on. To create human-like
conversations, voice bots are combined with an
NLP engine. The bot understands all possible
questions, words, and sentences spoken by the
user. Instead of giving yes or no responses,
customers can freely converse with the bot.
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- Voicebots Market Industry Outlook
- AliBaba Group
- Amazon Web Services
- Apple Inc.
- Google LLC
- Microsoft Corporation
- Neospeech
- Nuance
- Samsung
- Smartly.AI
- Yandex
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Voicebots Market - Forecast (2022-2027) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
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