Chatbot started as a niche concept globally
has witnessed rapid proliferation in recent times. The report “Global Chatbots
Market Outlook 2022” provides an in-depth analysis of global chatbots market
overall as well as detailed market share analysis by type, usage, industry
verticals, enterprise size and by region. Market outlook for overall global
chatbots market has been provided for the period 2017-22.
The report provides comprehensive coverage
on major industry drivers, restraints, and their impact on market growth during
the forecast period. Furthermore, the study encompasses various market specific
growth opportunities in global chatbots market. The report has been segmented
as following:-
Companies
Coverage
- IBM Watson
- Nuance Communications Inc.
- Artificial Solutions
- eGain Corporation
- Creative Virtual Pvt. Ltd.
Chatbots, also known as Conversational
Agents or Dialog Systems are computer programs powered by artificial
intelligence that simulates human conversation via a chat interface. The
technology has been in nascent stages off late is rapidly proliferating due to
its inherent benefits such as increasing productivity, user friendliness, 24/7
availability, etc. Chatbots have become one of the biggest technology disruptor
in various industries and have successfully emerged as necessity for mainstream
businesses. Chatbots are broadly classifies into two categories- Scripted or
Rule-based Chatbots and Artificial Intelligence (AI)-based Chatbots. Scripted
Chatbots are rule-based guided conversation with limited functionality. AI bots
are built on Machine Learning (ML) and Natural Language Processing (NLP)
capabilities using artificial intelligence.
Great deal of advancement has been
witnessed in global chatbots market with meteoric growth rates. Growth of the
market is primarily attributed to continual rise of messaging platforms,
growing market support, growing market support, enhanced customer relationship
management and reduction in cost of development. However, some of the major
growth impediments include cold user experiences, issues related to security
& data privacy and presence of large number of market players. Global
chatbot market is characterized by leading industry trends such as advent of
industry specific chatbots, third-party bot development and venture capital
funding.
The report “Global Chabots Market Outlook
2022” provides in-depth analysis of the current scenario, detailed market
outlook of the global chatbots market with coverage on functioning and
prevailing business models. Future forecasts of the market till 2022 is
provided in the report. Furthermore, major industry players have been prudently
analysed in the competitive landscape section of the report in order to provide
key comparative insights.
Major industry players operating in the
global chatbots market include IBM Watson, Nuance Communications Inc.,
Artificial Solutions, eGain Corporation, Creative Virtual Pvt. Ltd., among
others. These players are profiled herein based on attributes such as business
overview, product segments and financial analysis. It also compiles performance
comparison of aforementioned companies and other leading companies in the
segment based on various parameters in the competitive landscape section. In
totality, the report provides detailed market analysis, with relevant
forecasted data supported by key market dynamics. This information will be
helpful in evaluating opportunities in global chatbots market.
Spanning over 62 pages “Global
Chatbots Market Outlook 2022” report covers Executive Summary,
Research Methodology, Chatbot, Market Analysis, Market Dynamics, Competitive
Landscape, Company Profiles. This report Covered Companies - IBM Watson, Nuance
Communications Inc., Artificial Solutions, eGain Corporation, Creative Virtual
Pvt. Ltd.
Please visit this link for more details: http://mrr.cm/Uft
For related reports please visit: Chatbots Market Research Reports
Find all Computing
and Electronics Reports at: https://www.marketresearchreports.com/computing-electronics
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