DUBLIN--(BUSINESS WIRE)--The "Conversational
System Market - Global Drivers, Restraints, Opportunities, Trends, and
Forecasts up to 2023" report has been added to ResearchAndMarkets.com's
The global conversational systems market revenue is expected to reach $850.65 million by 2023, growing at a CAGR of around 26.03% during the forecast period.
The report provides a wide-ranging evaluation of the market. It provides in-depth qualitative insights, historical data, and supportable projections & assumptions about the market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on the vendor's portfolio, blogs, whitepapers, and presentations.
The conversational system is a cognitive computing tool, which can
process a simple and bidirectional text/voice dialog into meaningful
output. It is an advanced model that makes use of multiple modalities
(sound, sight, and tactile) to provide communication across the digital
device mesh (IoT systems, sensors, and appliances). These systems can be
used to process complex conversation; for instance, collecting verbal
description from the witness and generating the sketch of the suspect
for the police investigation purpose.
The conversational system is mainly an interactive platform designed to communicate with humans with specified coherent structure. These conversations are enabled with gestures, haptic feedback, and others. Conversational systems implement the functionalities of cognitive computing, artificial intelligence, Internet of Things, and others. These systems consist of hardware and software components being used to generate appropriate output responses. The deployment models for this system are cloud-based and on-premise.
The countries covered in the report are:
- Cognitive Scale
- Enterra Solutions
- Google Inc.
- Nuance Communications Inc
- Palantir Technologies
- Saffron Technology
- SAP SE
Key Topics Covered:
1. Industry Outlook
2. Report Outline
3. Market Snapshot
4. Market Outlook
5. Market Characteristics
7. Market Size and Analysis
9. Vendor Profiles
For more information about this report visit https://www.researchandmarkets.com/research/k7lf8n/global?w=4