Conversational AI Global Market 2024 - By Growth, Drivers, Growth Trends, Analysis Forecast To 2033

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Conversational AI Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Conversational AI Market Segments
The Business Research Company segments its
Conversational AI market report as
IVA, Chatbots
By Type
Platform, Services
By Component
Cloud, On-Premises
By Deployment
Machine Learning, Deep Learning, NLP, Automated
Speech Recognition
By Technology
By End-User
BFSI, Retail and E-commerce, Healthcare and Life
Science, Travel and Hospitality, Telecom, Media
and Entertainment, Other End-Users
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Market Statistics
The conversational ai market size has grown
exponentially in recent years. It will grow
from 9.43 billion in 2023 to 11.51 billion in
2024 at a compound annual growth rate (CAGR) of
22.1. The conversational ai market size is
expected to see exponential growth in the next
few years. It will grow to 26.88 billion in 2028
at a compound annual growth rate (CAGR) of 23.6.
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Key Market Drivers And Trends
Drivers
The growing e-commerce industry is expected to
boost the growth of the conversational AI market
going forward.
Trends
Technological advancements in conversational AI
are a key trend in the market.
Region
North America was the largest region in the
conversational AI market in 2023. The regions
covered in the conversational ai market report
are Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East,
Africa
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Key Market Players

• Major players in the Conversational AI market
  are
• Google LLC
• International Business Machines Corporation (IBM)
• Amazon Web Services Inc.
• Artificial Solutions Holding ASH AB
• Baidu Inc.
• And more.

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