Chatbot Market in BFSI Expected to Reach $ 2,186 Million,Globally, by 2024

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CHATBOT MARKET IN BFSI
Opportunities and Forecasts, 2018 2024
Pages 199 Publish Date Apr 2018
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CHATBOT MARKET IN BFSI
 
The web-based segment dominated the global
chatbot market in BFSI in 2016 due to its
advanced connectivity and user-friendly
interfaces The global chatbot market in BFSI
is segmented into platform, type, end user, and
region. Based on platform, it is divided into
web-based and mobile-based. Based on type, it is
classified into software and services. By end
user, it is categorized into banks, insurance
companies, and others. By region, it is analyzed
across North America, Europe, Asia-Pacific, and
LAMEA. Rachita Rake Research Analyst, BFSI at
AMR
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CHATBOT MARKET OVERVIEW

• The Global Chatbot Market in BFSI was valued at
  357 million in 2017, and is projected to reach at
  2,186 million by 2024, growing at a CAGR of
  29.7 from 2018 to 2024. In 2017, the web-based
  segment accounted for the highest revenue share
  in the chatbot market in BFSI.
• Growth in need to improve customer relationship
  management (CRM) in BFSI sector, increase in
  awareness about the advantages offered by
  chatbots over other customer support option, and
  rise in integration of chatbots with social media
  and others drive the growth of the market.
  However, factors such as lack of technically
  skilled resources and lack of product
  differentiation hamper the growth of the chatbot
  market in BFSI to a certain extent.
• Read more at https//www.alliedmarketresearch.co
  m/chatbot-market

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CHATBOT MARKET KEY BENEFITS

• By platform, the mobile-based segment is expected
  to exhibit significant increase in the global
  chatbot market in BFSI during the forecast
  period.
• In 2017, North America accounted for the highest
  revenue among the other regions.
• Based on type, the software segment generated the
  highest revenue in 2016.
• By end user, insurance companies are anticipated
  to exhibit substantial growth during the forecast
  period.

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CHATBOT MARKET IN BFSI
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CHATBOT MARKET BY GEOGRAPHY
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CHATBOT MARKET BY PLATFORM
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CHATBOT MARKET BY END USER
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KEY PLAYERS IN INDUSTRY

• Artificial Solutions
• Nuance Communications, Inc.
• eGain Corporation
• Creative Virtual Ltd.
• Next IT Corp.
• 24/7 Customer Inc.
• Codebaby (Idavatars), Inc.
• Anboto
• Inbenta Technologies Inc.
• Aivo.
• Download free Sample Report
• https//www.alliedmarketresearch.com/request-sampl
  e/2415

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CHATBOT MARKET SEGMENTS
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CHATBOT MARKET BY GEOGRAPHY

• North America, Europe, Asia-Pacific, LAMEA

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