Chatbot Market Size Worth $2,485.7 Million By 2028 | CAGR: 24.9%: Grand View Research, Inc.
to reach USD 2,485.7 million by
2028, according to a new report by Grand View Research, Inc. The market is anticipated
to expand at a CAGR of 24.9% from 2021 to 2028. The chatbot industry is expected to witness significant growth over the forecast period as they enable enterprises to substantially reduce operating costs. Additionally, innovations in artificial intelligence and machine learning technologies are likely to enhance the features of chatbots, which act as a major driver for the market.
Key suggestions from the report:
Chatbots find applications in e-commerce, healthcare, and BFSI sectors. The large enterprise emerged as the largest end-user segment in 2020 and is estimated to register a CAGR of 26.0% over the forecast period
Worldwide Intelligent Virtual Assistant Industry to 2026 - Featuring Microsoft, Nuance Communications and Alphabet Among Others
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Worldwide Intelligent Virtual Assistant Industry to 2026 - Featuring Microsoft, Nuance Communications and Alphabet Among Others
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Chatbot Market Size Worth $2,485 7 Million By 2028 | CAGR: 24 9%: Grand View Research, Inc
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.