The report on the global conversational AI market provides qualitative and quantitative analysis for the period from 2019 to 2027. The report predicts the global conversational AI market to grow with a CAGR of 22.07% over the forecast period from 2021-2027. The study on conversational AI market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2019 to 2027.
The report on conversational AI market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global conversational AI market over the period of 2019 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global conversational AI market over the period of 2019 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
The companies covered in the report include
2. Complete coverage of all the segments in the conversational AI market to analyze the trends, developments in the global market and forecast of market size up to 2027.
3. Comprehensive analysis of the companies operating in the global conversational AI market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The report on conversational AI market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global conversational AI market over the period of 2019 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global conversational AI market over the period of 2019 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
- Rising investment in advanced technologies
- Increasing penetration of internet and smartphones
2) Restraints
- Dearth of technological infrastructure required for integrating conversational AI
3) Opportunities
- Development of advanced technological
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global conversational AI market is segmented on the basis of type, component, technology, deployment, and end-user.The Global conversational AI Market by Type
- Chatbots
- Intelligent Virtual Assistants (IVA)
The Global conversational AI Market by Component
- Solutions
- Services
The Global conversational AI Market by Technology
- Machine Learning
- Natural Language Processing (NLP)
- Automatic Speech Recognition (ASR)
- Others
The Global conversational AI Market by Deployment
- Cloud
- On-premises
The Global conversational AI Market by End-user
- BFSI
- Retail & E-commerce
- Healthcare & Life Science
- Automotive
- Media & Entertainment
- Others
Company Profiles
The companies covered in the report include
- Microsoft Corporation
- Amazon.com, Inc.
- Alphabet Inc.
- SAP SE
- Oracle Corporation
- Baidu, Inc.
- Conversica Inc.
- Jio Haptik Technologies Limited
- Artificial Solutions International AB
- Creative Virtual Ltd
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the conversational AI market.2. Complete coverage of all the segments in the conversational AI market to analyze the trends, developments in the global market and forecast of market size up to 2027.
3. Comprehensive analysis of the companies operating in the global conversational AI market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
This product will be delivered within 1-3 business days.
Table of Contents
1. Preface
2. Executive Summary
3. Global Conversational AI Market Overview
5. Global Conversational AI Market by Type
6. Global Conversational AI Market by Component
7. Global Conversational AI Market by Technology
8. Global Conversational AI Market by Deployment
9. Global Conversational AI Market by End-user
10. Global Conversational AI Market by Region 2021-2027
11. Company Profiles and Competitive Landscape
Companies Mentioned
- Microsoft Corporation
- Amazon.com, Inc.
- Alphabet Inc.
- SAP SE
- Oracle Corporation
- Baidu, Inc.
- Conversica Inc.
- Jio Haptik Technologies Limited
- Artificial Solutions International AB
- Creative Virtual Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | December 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 5.72 Billion |
| Forecasted Market Value ( USD | $ 22.88 Billion |
| Compound Annual Growth Rate | 21.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
