Conversational Artificial Intelligence Market Worth $19.63 billion by 2025 – Exclusive Report by 360iResearch
According to a new market research report “Global Conversational Artificial Intelligence Market – Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2025 (Q1 2019 Update)”, published by 360iResearch, the global conversational artificial intelligence market is expected to grow from USD 3.79 billion in 2018 to USD 19.63 billion by 2025 at a CAGR of 26.48%.
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“Personal Assistant: The highest growing operation for the global conversational artificial intelligence market”
On the basis of operation, the global conversational artificial intelligence market is studied across Branding & Advertisement, Customer Engagement and Retention, Customer Support, Data Privacy & Compliance, Onboarding & Employee Engagement, and Personal Assistant. Among all these operation, the Personal Assistant is projected to hold the largest market share while the Branding & Advertisement has the potential to grow the market with the highest CAGR in the forecast period.
“Platform: The highest growing product for the global conversational artificial intelligence market”
On the basis of product, the global conversational artificial intelligence market is studied across Platform and Services. Among all these product, the Platform is projected to hold the largest market share while the Services has the potential to grow the market with the highest CAGR in the forecast period.
“Natural Language Processing: The highest growing technology for the global conversational artificial intelligence market”
On the basis of technology, the global conversational artificial intelligence market is studied across Automated Speech Recognition, Machine Learning and Deep Learning, and Natural Language Processing. Among all these technology, the Natural Language Processing is projected to hold the largest market share while the Automated Speech Recognition has the potential to grow the market with the highest CAGR in the forecast period.
“Chatbots: The highest growing type for the global conversational artificial intelligence market”
On the basis of type, the global conversational artificial intelligence market is studied across Chatbots and Intelligent Virtual Assistants. Among all these type, the Chatbots is projected to hold the largest market share while the Intelligent Virtual Assistants has the potential to grow the market with the highest CAGR in the forecast period.
“Consumer Goods & Retail: The highest growing industry for the global conversational artificial intelligence market”
On the basis of industry, the global conversational artificial intelligence market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Among all these industry, the Consumer Goods & Retail has captured the maximum market share while the Healthcare & Life Sciences has the opportunity to emerge with the highest CAGR.
“On-Premises: The highest growing deployment for the global conversational artificial intelligence market”
On the basis of deployment, the global conversational artificial intelligence market is studied across On-Cloud and On-Premises. Among all these deployment, the On-Premises has captured the maximum market share while the On-Cloud has the opportunity to emerge with the highest CAGR.
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“Americas: The highest growing geography for the global conversational artificial intelligence market”
On the basis of geography, the global conversational artificial intelligence market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Europe, Middle East & Africa is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.
“Amazon Web Services, Inc.: The potential growing player for the global conversational artificial intelligence market”
The key players profiled in the global conversational artificial intelligence market are Amazon Web Services, Inc., Artificial Solutions, Avaamo, Inc., Baidu, Inc., Cognigy Inc., Conversica, Inc., Google Inc., Haptik Infotech Pvt Ltd., International Business Machines Corporation, Microsoft Corporation, Nuance Communications, Inc., Oracle Corporation, Rasa Technologies GmbH, Rulai, Inc., and SAP SE.
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In the report, we have covered two proprietary models, the 360iResearch FPNV Positioning Matrix and 360iResearch Competitive Strategic Window. The 360iResearch FPNV Positioning Matrix analyses the competitive market place for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The 360iResearch Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.
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The key chapters profiled in the report are as follows:
1. Preface
2. Research & Forecasting
3. Executive Summary
4. Premium Insight
5. Market Data Feed
6. Americas Conversational Artificial Intelligence Market
7. Europe, Middle East & Africa Conversational Artificial Intelligence Market
8. Asia-Pacific Conversational Artificial Intelligence Market
9. 360iResearch Competitive Strategic Window
10. Competitive Landscape
11. Company Usability Profiles
12. Appendix
The report answers questions such as:
1. What is the market size of conversational artificial intelligence market in the global?
2. What are the factors that affect the growth in global conversational artificial intelligence market over the forecast period?
3. What is the competitive position in the global conversational artificial intelligence market?
4. Which are the best product areas to be invested in over the forecast period?
5. What are the opportunities in the global conversational artificial intelligence market?
6. What are the modes of entering the global conversational artificial intelligence market?
About 360iResearch
360iResearch LLP, headquartered in Pune, India, is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as Aerospace & Defense, Agriculture, Automotive & Transportation, Building, Construction & Real Estate, Chemicals & Advanced Material, Consumer Goods & Retail, Energy & Utilities, Food & Beverage, Healthcare & Life Sciences, Information Technology, Packaging, and Semiconductor & Electronics.
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