The global chatbots market was valued at US$ 88.3 Mn in 2015, and is expected to witness an exponential growth during the forecast period 2017-2025.
A chatbots is an interactive chat robot based on artificial intelligence that is designed to simulate human conversation. Chatbots pop up on messaging services helping users in wide range of applications including flight booking, order take-out or call a ride among others. The rise of chatbots has begun eight years after Apple introduced its online shop for mobile apps. Chatbots are considered as the applications of voice interfaces. According to the research conducted by Credence Research, Inc., chatbots have potential to leapfrog mobile apps to become major medium for digital communication and commerce. Thus, we can expect enterprises of all sizes to adopt chatbots platforms the same way they are embracing IoT and mobile platforms.
Increasing numbers of start-ups are investing in chatbots with an aim of ruling bot commerce. While the chatbots market is still in the nascent stage of development, the race for leading enterprise chatbot platform guarantees to be exciting. In the current scenario, three participants in the ecosystem that are in a position to offer enterprise chatbot solutions include messaging platform vendors, voice platform vendors, and chatbot platform start-ups. The global chatbots market is driven by technology developments and innovation. The competitive rivalry among current market players is comparatively high as every player is seeking to gain first movers advantage in the market.
- Introduction of Conversational Interface
- Reluctance to Download Mobile Apps
- Improved Customer Intelligence
- Microsoft Corporation
- Facebook, Inc.
- Amazon.com, Inc..
- Yahoo, Inc.
- Google, Inc.
- Apple, Inc.
- Haptik, Inc.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Chatbots Market, By Type
Chapter 5 Global Chatbots Market, By End-use Application
Chapter 6 Global Chatbots Market, By Geography
Chapter 7 North America Chatbots Market Analysis
Chapter 8 Europe Chatbots Market Analysis
Chapter 9 Asia Pacific Chatbots Market Analysis
Chapter 10 Rest of World Chatbots Market Analysis
Chapter 11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ss4nn2/global_chatbots