Global Chatbots Market Size, Demand, Growth & Opportunity Analysis 2021

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Global Chatbots Market Outlook :
Industry Insights & Opportunity Evaluation,
2015-2021

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Global Chatbots Market Overview
Chatbots are an artificial conversational character which
interacts with human via both verbal and non-verbal
communication gateways. Chatbots can work on phones as
well as computers and are mostly accessed through
internet. All the functions performed by Chatbots are
based on an artificial intelligence system. Chatbots are
believed to emerge as major channel for commerce and
digital communication over next few years.
The global Chatbots market was valued at USD 88.5
Million in 2015 and is anticipated to witness a substantial
compound annual growth rate (CAGR) over the forecast
period i.e. 2015-2021. Regionally, the global Chatbots
market is segmented into North America, Latin America,
Western and Eastern Europe, Asia-Pacific, Middle East
and North Africa (MENA) and Rest of World (Row).
Market Segmentation
 By Type
 Stand Alone
 Web Based
 By End Use
 Large Enterprise
 Small and Medium Sized Enterprise

Growth Drivers and challenges
Rising inclination of enterprises towards increasing
customer experience along with reducing operational costs
and working efficiency is expected to garner the growth of
global Chatbots market over the forecast period i.e. 2015-
2021.
In addition to that increasing digital transformation is also
envisioned to bolster the global Chatbots market over next
4-5 years.
However, lack of awareness and large dependency on
humans for customer interaction are anticipated to
restrain the global Chatbots market in future.
Market Size and Forecast
North America Chatbots market is likely to escalate owing
to adoption of Chatbots by some of the big organizations
such as Facebook Inc. In addition to that emergence of
new Chatbots providing start-ups in the U.S. is also
expected to expand North America Chatbots market in
future.
Europe is also expected to witness a significant demand of
Chatbots from the rapidly growing outsourcing industry in
the region.

Asia-Pacific Chatbots market is envisioned to witness a
robust growth sparked by increasing expansion of
messaging applications in countries such as India and
China.
Key Players
Global Chatbots market includes some of the top players
such as Facebook Inc.,, Microsoft, Amazon, Yahoo Inc. etc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
 North America (U.S., Canada)
 Latin America (Mexico, Brazil, Rest of Latin America)
 Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
 Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
 Middle East and North Africa (MENA)
 Rest of World
Segmentation
 By Type
 By End Use

 By Region
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
To know more about this research, visit:
http://www.researchnester.com/reports/global-
chatbots-market-analysis-opportunity-outlook-
2021/30

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Global Chatbots Market Size, Demand, Growth & Opportunity Analysis 2021

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Global Chatbots Market Size, Demand, Growth & Opportunity Analysis 2021