Conversational AI Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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Global Conversational AI Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Conversational AI Market Research
Report The latest report by IMARC, titled
Conversational AI Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 the global conversational AI
market size reached US 7.71 Billion in 2022.
Conversational AI refers to a form of
artificial intelligence that enables individuals
to engage with applications, websites, and
devices utilizing voice, text, touch, or gesture
inputs. It combines various technologies, such as
natural language processing (NLP), deep learning,
and machine learning to empower machines with the
ability to comprehend and generate human language
within a conversational context. It serves a
crucial role in facilitating open and
personalized interactions, as well as providing
valuable business insights. It enables
organizations to automate customer interactions,
provide personalized recommendations, answer
queries, and even perform complex tasks through
voice or text-based conversations. As a result,
it finds applications in numerous domains,
including customer support, and voice
assistants. Request Free Sample Report
https//www.imarcgroup.com/conversational-ai-marke
t/requestsample
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Report Description and Highlights
Report Description

Global Conversational AI Market Trends The
global market is majorly driven by the rising
automation of business operations. Moreover, the
proliferation of voice-activated devices,
smartphones, smart speakers, and wearables is
supporting the market as conversational AI
technologies facilitate voice-based interactions,
allowing users to perform tasks, access
information, and control devices through voice
commands. Apart from this, the growing preference
for self-service among consumers is further
catalyzing the market as AI-powered chatbots and
virtual assistants enable self-service by
providing instant responses, guiding users
through processes, and offering personalized
recommendations, reducing the need for human
intervention. Besides, the increasing demand
for conversational AI in the financial services,
banking, and insurance (BFSI) industry for
automating repetitive processes is impacting the
market favorably. Furthermore, the increasing
online shopping activities of individuals,
coupled with the expanding e-commerce industry
worldwide, is providing a boost to the market.
Other factors, such as continual advancements in
natural language processing (NLP) and machine
learning, rising demand for multilingual support,
and the growing popularity of messaging apps, are
projected to propel the market further. Looking
forward, the market value is projected to reach
US 45.28 Billion by 2028, expanding at a CAGR of
31.50 during 2023-2028. Looking forward, the
market value is projected to reach a strong
growth during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Component Insights Pla
tform Services Support
and Maintenance Training and Co
nsulting System Integration Typ
e Insights Intelligent Virtual Assistan
t (IVA) Chatbots Technology Insights
Machine Learning Deep Learning
Natural Language Processing
Automatic Speech Recognition
Deployment Insights

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Report Description and Highlights
Report Description
Cloud-based On-premises Organ
ization Size Insights Large Enterprises
Small and Medium-sized
Enterprises End User Insights BFSI
Retail and E-commerce Healthcare
and Life Science Travel and Hospitality
Telecom Media and Entertainmen
t Others Regional Insights N
orth America United States
Canada

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Report Description and Highlights
Report Description
Europe Germany
France United Kingdom
Italy Spain
Others Asia Pacific
China Japan
India South Korea
Australia Indon
esia Others Latin Amer
ica Brazil Mex
ico Others Mid
dle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Amazon Web Services Inc. (Amazon.com Inc.)
  Artificial Solutions Avaamo Inc. Conversica Inc. C
  reative Virtual Ltd. Google LLC (Alphabet Inc.) Gu
  pshup International Business Machines Corporation
  Jio Haptik Technologies Limited (Reliance
  Industries Limited) Kore.ai Inc. Nuance Communicat
  ions Inc. (Microsoft Corporation)
  Oracle Corporation Rasa Technologies Inc. SAP SE
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/conversational-ai-marke
  t

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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analysis and opinion have been based on
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and reliable at the time of publishing.
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