The global bot services market size attained a value of nearly USD 1.64 Billion in 2024. The market is assessed to grow at a CAGR of 27.00% between 2025 and 2034, to reach a value of around USD 17.90 Billion by 2034.
Bots’ ability to rapidly respond can increase customer engagement, hence boosting the traffic and scalability of a mobile app. Additionally, the increasing adoption of smartphones and tablets is heightening the incorporation of bots in various applications, thereby providing impetus to this segment.
In the coming years, the demand for bot services in banking and financial institutions for lead generation, customer acquisition, and automated round-the-clock customer support is likely to surge. Furthermore, the growing trend of improvised financial advisory is likely to bolster the bot services market growth.
[24]7.ai, Inc
[24]7.ai, Inc is a leading software company which provides customer service software and services. The chatbots and AI tools offered by this company provide customised experiences to the end users. It is headquartered in California, the United States, and it aims to enhance the operational efficiency of businesses through its innovative solutions.
Other market players include Creative Virtual Ltd., Meta Platforms Inc., Alphabet Inc., International Business Machines Corp., Inbenta Holdings Inc., Microsoft Corp., and Nuance Communications, Inc., among others.
Key Trends in the Market
A bot refers to a virtual computer programming system which can perform various tasks without any interference from humans. Bot services aim at providing internet-based intelligence software programs which imitate human activity to carry out repetitive automated tasks while supporting businesses to enhance their customer engagement.- Technological advancements, along with increasing IT spending across various industries such as BFSI, healthcare, and government, among others, are some of the key bot services market trends. Moreover, there is an increasing applicability of bot services in multiple channels, such as mobile, email, social media, and instant messaging apps.
- The growing integration of chatbots with AI to provide more meaningful insights and greater collaborations while improving customer experience is boosting the adoption of bot services across enterprises.
- The ability of bots to replace humans in customer service is a crucial trend aiding the market. Bot services can also improve the sales and marketing of organisations, which is another factor heightening their adoption among businesses.
Market Segmentation
The report titled “Bot Services Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Technology
- Framework
- Platform
Market Breakup by Mode
- Text
- Audio
- Video
- Others
Market Breakup by Deployment
- Websites
- Contact Centre
- Social Media
- Mobile Applications
- Others
Market Breakup by End-User
- Banking, Financial Services and Insurance
- Retail and E-Commerce
- Healthcare
- Telecom
- Government
- Education
- Travel and Hospitality
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share by Deployment
The mobile applications segment, based on deployment, accounts for a healthy share of the bot services market. Bot services greatly complement mobile applications by catering to individual user needs 24X7.Bots’ ability to rapidly respond can increase customer engagement, hence boosting the traffic and scalability of a mobile app. Additionally, the increasing adoption of smartphones and tablets is heightening the incorporation of bots in various applications, thereby providing impetus to this segment.
Market Share by End-User
Based on end-user, the banking, financial services and insurance segment is likely to witness fast-paced growth in the forecast period, as bot services can improve data storage and management. Such services also offer the potential to lower the burden on banking personnel and automate various tasks, leading to greater productivity.In the coming years, the demand for bot services in banking and financial institutions for lead generation, customer acquisition, and automated round-the-clock customer support is likely to surge. Furthermore, the growing trend of improvised financial advisory is likely to bolster the bot services market growth.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global bot services market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.[24]7.ai, Inc
[24]7.ai, Inc is a leading software company which provides customer service software and services. The chatbots and AI tools offered by this company provide customised experiences to the end users. It is headquartered in California, the United States, and it aims to enhance the operational efficiency of businesses through its innovative solutions.
Amazon Web Services, Inc.
Amazon Web Services, Inc. is a renowned IT service management company offering on-demand cloud computing platforms and APIs to governments, organisations, and individuals. The company was established in 2006 and is headquartered in Washington, the United States.Alvaria, Inc.
Alvaria, Inc. is a leading software company which was founded in 1973 and is headquartered in Massachusetts, the United States. The company is known to offer enterprise-scale customer experience and workforce management solutions. Its solutions are widely used by healthcare providers, telecom providers, and commercial banks, among others.Other market players include Creative Virtual Ltd., Meta Platforms Inc., Alphabet Inc., International Business Machines Corp., Inbenta Holdings Inc., Microsoft Corp., and Nuance Communications, Inc., among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Bot Services Market Analysis
6 North America Bot Services Market Analysis
7 Europe Bot Services Market Analysis
8 Asia Pacific Bot Services Market Analysis
9 Latin America Bot Services Market Analysis
10 Middle East and Africa Bot Services Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- [24]7.ai, Inc
- Amazon Web Services, Inc.
- Alvaria, Inc.