Chatbot Market Report (1) - PowerPoint PPT Presentation

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Chatbot Market Report (1)

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As per Cognitive Market Research's latest published report, the Global Chatbot market size was USD 3.02 Billion in 2022 and it is forecasted to reach USD 24.58 Billion by 2030. Chatbot Industry's Compound Annual Growth Rate will be 21.58% from 2023 to 2030. – PowerPoint PPT presentation

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Title: Chatbot Market Report (1)


1
CHATBOT MARKET REPORT
2
INTRODUCTION
Chatbot is a conversational software application
which is widely used for an online conversation
via text, or speech. It allows to practice a
conversation with a user in natural language.
Owing to their wide array of benefits, chatbots
are being used in various applications, including
customer service, request routing, or information
gathering.
3
KEY INSIGHTS
MARKET SIZE 3.02 Bn
2022
FORECAST 24.58 Bn
2030
CAGR 21.5
2030
4
REVENUE MARKET SHARE BY SEGMENTS 2022
Deployment
Component
Connectivity
Mobile Application 43.1
Software 71.3
Cloud 63.1
Organization
Industrial Verticals
Large Enterprises 67.4
Retail and E-Commerce 31.2
5
GLOBAL CHATBOT MARKET REVENUE SHARE FOR 2022
North America 34.1
6
DRIVERS
High integration of chatbot in various industrial
verticals, such as BFSI, telecommunication,
e-commerce, and others accrediting the growth
market across the world
RESTRAINTS
Drawbacks regarding the full understanding of
natural language by chatbot may hinder the growth
of market
7
Author's Perspective
  • Global Chatbot Market Report 2023 talks about
    crucial market insights with the help of segments
    and sub-segments analysis.
  • Software component dominates the market of a
    chatbot as the software allows the incorporation
    of a natural language processor along with
    cloud-based deployment and AI facility.
  • Distributors are using chatbot that allows to
    provide customers with 24/7 support and the
    ability to report queries from an interface on a
    company website, mobile app, or from any social
    media accounts like Facebook or WhatsApp.

8
KEY PLAYERS
9
For Full Report
Contact us
COGNITIVE MARKET RESEARCH
Tel 1 312-376-8303 44 020-8123-0732 India
(91) 983-496-8611
sales_at_cognitivemarketresearch.com
Access the Full Report https//shorturl.at/clELR
Please visit our website https//www.cognitivemar
ketresearch.com
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