Global Conversational AI Market to Reach $45.5 Billion by 2030
The global market for Conversational AI estimated at US$12.1 Billion in the year 2022, is projected to reach a revised size of US$45.5 Billion by 2030, growing at a CAGR of 18% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 13.7% CAGR and reach US$20.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 23.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 17.7% CAGR
The Conversational AI market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8 Billion by the year 2030 trailing a CAGR of 17.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 14.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR.Select Competitors (Total 166 Featured) -
- Amplifyreach
- Artificial Solutions
- Avaamo
- Aws
- Baidu
- Clinc
- Cognigy
- Conversica
- Creative Virtual
- Exceed.Ai
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Conversational AI - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Conversational AI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Conversational AI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for IVA by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for IVA by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Chatbots by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for Chatbots by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World Conversational AI Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- Table 10: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World 8-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 12: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 13: World 8-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 14: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 15: World 8-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
UNITED STATES
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 16: USA Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 17: USA 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 18: USA Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: USA 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 20: USA Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
CANADA
- Table 22: Canada Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: Canada 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 24: Canada Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Canada 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 26: Canada Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Canada 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
JAPAN
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 28: Japan Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Japan 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 30: Japan Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 31: Japan 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 32: Japan Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: Japan 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
CHINA
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 34: China Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 35: China 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 36: China Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: China 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 38: China Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: China 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
EUROPE
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 40: Europe Recent Past, Current & Future Analysis for Conversational AI by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 41: Europe 8-Year Perspective for Conversational AI by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 42: Europe Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 43: Europe 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 44: Europe Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Europe 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 46: Europe Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Europe 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
FRANCE
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 48: France Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: France 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 50: France Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: France 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 52: France Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: France 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
GERMANY
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 54: Germany Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: Germany 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 56: Germany Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Germany 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 58: Germany Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: Germany 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
ITALY
- Table 60: Italy Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: Italy 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 62: Italy Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Italy 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 64: Italy Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 65: Italy 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
UNITED KINGDOM
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 66: UK Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 67: UK 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 68: UK Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 69: UK 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 70: UK Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 71: UK 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
REST OF EUROPE
- Table 72: Rest of Europe Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 73: Rest of Europe 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 74: Rest of Europe Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 75: Rest of Europe 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 76: Rest of Europe Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 77: Rest of Europe 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
ASIA-PACIFIC
- Conversational AI Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 78: Asia-Pacific Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 79: Asia-Pacific 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 80: Asia-Pacific Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 81: Asia-Pacific 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 82: Asia-Pacific Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 83: Asia-Pacific 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
REST OF WORLD
- Table 84: Rest of World Recent Past, Current & Future Analysis for Conversational AI by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 85: Rest of World 8-Year Perspective for Conversational AI by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2023 & 2030
- Table 86: Rest of World Recent Past, Current & Future Analysis for Conversational AI by Type - IVA and Chatbots - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 87: Rest of World 8-Year Perspective for Conversational AI by Type - Percentage Breakdown of Value Sales for IVA and Chatbots for the Years 2023 & 2030
- Table 88: Rest of World Recent Past, Current & Future Analysis for Conversational AI by Deployment - Cloud and On-Premise - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 89: Rest of World 8-Year Perspective for Conversational AI by Deployment - Percentage Breakdown of Value Sales for Cloud and On-Premise for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amplifyreach
- Artificial Solutions
- Avaamo
- Aws
- Baidu
- Clinc
- Cognigy
- Conversica
- Creative Virtual
- Exceed.Ai
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 153 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 12.1 Billion |
Forecasted Market Value ( USD | $ 45.5 Billion |
Compound Annual Growth Rate | 18.0% |
Regions Covered | Global |