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Global Conversational AI Market Size & Share to 2027

Publisher QualiKet Research
Published Apr 29, 2022
Length 188 Pages
SKU # QUA17148372

Description

Global Conversational AI Market Size & Share to 2027

Global Conversational AI Market Size, Trends & Growth Opportunity, By Technology (Machine Learning and Deep Learning, Automated Speech Recognition, and Natural Language Processing), By Deployment Type (On-Premise, and Cloud), By Application (Customer Support, Personal assistance, Branding & Advertisement, and Customer Engagement), By Region and Forecast till 2027

Global Conversational AI Market

Conversational Artificial Intelligence deals with the utilization of the speech based assistance, chatbots to automate the communication, messaging apps and to craft the individualized customer experience. This platform allows people to interact with websites, applications, and devices every day with the help of voice, gesture, text and touch information. It plays important role in open interactions and personal assistance activities.

Market Drivers

Increase in demand for AI-powered customer support services is the key driving factor which is expected to boost the global conversational AI market growth. Furthermore, continuous technological advancements and innovations in the field of artificial intelligence will positively contribute the market growth. Moreover, increase in adoption of omnichannel deployment methods, low cost of the chatbot application will propel the global conversational AI market growth during this forecast period. In addition to that, Increase in use of social media platforms such as Telegram, Facebook, Twitter, and Skype will improve the demand for Conversational Artificial Intelligence across the globe.

Market Restraints

However, lack of awareness regarding conversational AI solutions is the major challenging factor which is expected to hinder the global conversational AI market growth. Also, lack of accuracy in chatbots and virtual assistants will affect the market growth during this forecast period.

Market Segmentation

Global Conversational AI Market is segmented into technology such as Machine Learning and Deep Learning, Automated Speech Recognition, and Natural Language Processing, by deployment type such as On-Premise, and Cloud. Further, market is segmented into component such as Solutions, and Services, and applications such as Customer Support, Personal assistance, Branding & Advertisement, and Customer Engagement.

Also, Global Conversational AI Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as GOOGLE, MICROSOFT, AWS, IBM, ORACLE, NUANCE, BAIDU, SAP, and KORE.AI

Market Taxonomy

By Technology
  • Machine Learning and Deep Learning,
  • Automated Speech Recognition
  • Natural Language Processing
By Deployment Type
  • On-Premise
  • Cloud
By Component
  • Solutions
  • Services
By Application
  • Customer Support
  • Personal assistance
  • Branding & Advertisement
  • Customer Engagement
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global Conversational AI Market?
  • What will be the growth rate from 2019 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?
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Table of Contents

188 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Conversational AI Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Conversational AI Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Conversational AI Market Share Analysis, By Technology
5.3 Global Conversational AI Market Size and Forecast, By Technology
5.3.1 Machine Learning and Deep Learning
5.3.2 Automated Speech recognition
5.3.3 Natural Language Processor
6 Global Conversational AI Market, By Deployment Type
6.1 Y-o-Y Growth Comparison, By Deployment Type
6.2 Global Conversational AI Market Share Analysis, By Deployment Type
6.3 Global Conversational AI Market Size and Forecast, By Deployment Type
6.3.1 On-Premise
6.3.2 Cloud
7 Global Conversational AI Market, By Component
7.1 Y-o-Y Growth Comparison, By Component
7.2 Global Conversational AI Market Share Analysis, By Component
7.3 Global Conversational AI Market Size and Forecast, By Component
7.3.1 Solutions
7.3.2 Services
8 Global Conversational AI Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Conversational AI Market Share Analysis, By Application
8.3 Global Conversational AI Market Size and Forecast, By Application
8.3.1 Customer Support
8.3.2 Personal Assistance
8.3.3 Branding & Advertisement
8.3.4 Customer Engagement
9 Global Conversational AI Market, By Region
9.1 Global Conversational AI Market Share Analysis, By Region
9.2 Global Conversational AI Market Share Analysis, By Region
9.3 Global Conversational AI Market Size and Forecast, By Region
10 North America Conversational AI Analysis and Forecast (2020 – 2027)
10.1 Introduction
10.2 North America Conversational AI Product Market Share Analysis, By Technology
10.3 North America Conversational AI Product Market Size and Forecast, By Deployment Type
10.4 North America Conversational AI Product Market Size and Forecast, By Component
10.5 North America Conversational AI Product Market Size and Forecast, By Application
10.6 North America Conversational AI Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Conversational AI Market Analysis and Forecast (2020 – 2027)
11.1 Introduction
11.2 Europe Conversational AI Product Market Share Analysis, By Technology
11.3 Europe Conversational AI Product Market Size and Forecast, By Deployment Type
11.4 Europe Conversational AI Product Market Size and Forecast, By Component
11.5 Europe Conversational AI Product Market Size and Forecast, By Application
11.6 Europe Conversational AI Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Conversational AI Market Analysis and Forecast (2020 – 2027)
12.1 Introduction
12.2 Asia Pacific Conversational AI Product Market Share Analysis, By Technology
12.3 Asia Pacific Conversational AI Product Market Size and Forecast, By Deployment Type
12.4 Asia Pacific Conversational AI Product Market Size and Forecast, By Component
12.5 Asia Pacific Conversational AI Product Market Size and Forecast, By Application
12.6 Asia Pacific Conversational AI Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Conversational AI Market Analysis and Forecast (2020 – 2027)
13.1 Introduction
13.2 Latin America Conversational AI Product Market Share Analysis, By Technology
13.3 Latin America Conversational AI Product Market Size and Forecast, By Deployment Type
13.4 Latin America Conversational AI Product Market Size and Forecast, By Component
13.5 Latin America Conversational AI Product Market Size and Forecast, By Application
13.6 Latin America Conversational AI Product Market Size and Forecast, By Country
14 Middle East Conversational AI Market Analysis and Forecast (2020 – 2027)
14.1 Introduction
14.2 Middle East Conversational AI Product Market Share Analysis, By Technology
14.3 Middle East Conversational AI Product Market Size and Forecast, By Deployment Type
14.4 Middle East Conversational AI Product Market Size and Forecast, By Component
14.5 Middle East Conversational AI Product Market Size and Forecast, By Application
14.6 Middle East Conversational AI Product Market Size and Forecast, By Country
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 GOOGLE
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 MICROSOFT
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 AWS
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 IBM
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 ORACLE
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 NUANCE
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 BAIDU
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 SAP
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 KORE.AI
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies

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