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Chatbot Market Size, Share & Growth Report
GMI Research presumes that the global Chatbot Market will witness a significant boom over the forecast period primarily because of the ongoing developments in Artificial Intelligence and machine learning along with their deployment in various end-user industries such as retail, healthcare, and BFSI.
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Global Chatbots Market by Platform (Cloud based, Local) , by End User (BFSI, Education, Customer Service, Hospitality, Media, Others) , By Service type (Software, Services) , By Usage (Social Media, Messaging Services, Others), by Geography – Opportunities and Forecast, 2018-2025
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Global Chatbot Market by Component, By technology and by region
The GMI Research predicts that the Chatbot Market will perceive an increase in demand over the forecast period. This is mainly because of the augmenting modernizations in AI technologies and machine learning and their growing deployment in several end-user industries such as retail, healthcare, and BFSI.
https://www.justgetblogging.com/global-chatbot-market-by-component-by-technology-and-by-region/
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Conversational AI Market Research Report
Growth Opportunities in the global conversational AI market look promising over the next six years. The strong demand for AI-powered customer support services and chatbots in several industries and the growing penetration of social media platforms across various nations are the key factors driving the growth of the global conversational AI market.
Introduction of the Conversational AI Market:
Conversational AI refers to technologies that allow the computers to understand, process, and respond to the text or voice inputs in natural ways. Conversational AI includes technologies behind speech-enabled or automated messaging applications, which communicate like human beings. The main use in aggregation with intelligent virtual assistants or chatbots. It offers a straightforward and direct pipeline for addressing the concerns, reaches the goals, and sorting the customer's problems.
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Conversational AI Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The strong demand for AI-powered customer support services and chatbots across several industries, such as financial service, banking, travel and hospitality, retail & eCommerce, insurance, and other sectors, are the major factors surging the demand of the global conversational AI market size in the upcoming years. Various R&D activities and technological advancements for the conversation of AI solutions to improve the service offering to improve customer experience is bringing numerous growth opportunities in the market. According to conversational AI market research, the government across several countries have been widely investing in integrating AI capabilities or solutions in their environment. The growing penetration of social media platforms across various nations is one of the emerging conversational AI market trends in 2020, that is driving the market growth during the forecast period.
The conversational AI provides remarkable benefits, including easy scalability, improved customer experience & agent efficiency, 24/7 customer service, optimized data collection, and decreases operational cost. The recent outbreak of the COVID-19 pandemic has increased the demand for conversational AI. The constant lockdown across several nations and the increasing focus on staying inside the home have eventually reduced the number of working people, particularly BPOs. The emerging demand for customer service assistance in hospitals, banks, and civil bodies is directly propelling the demand of the market. On the other hand, the factors hampering the growth of the market include limited knowledge associated with technology and its benefits.
Key Players of the Global Conversational AI Market:
· Microsoft
· Google
· IBM Corporation
· Amazon Web Services, Inc.
· Nuance Communications, Inc.
· Oracle
· SAP SE
· Baidu
· Kore.ai, Inc.
· Artificial Solutions
Conversational AI Market Segmentation:
Segmentation by Component:
· Services
o Systems Integration & Deployment
o Training & Consulting
o Support & Maintenance
· Platform
Segmentation by
Type:
· Chatbots
· Intelligent Virtual Assistants
Segmentation by Technology:
· Natural Language Processing
· Machine Learning & Deep Learning
· Automated Speech Recognition
Segmentation by Deployment Mode:
· On-Premises
· Cloud
Segmentation by
Application:
· Personal Assistant
· Customer Support
· Customer Engagement & Retention
· Branding & Advertisement
· Data Privacy & Compliance
· Onboarding & Employee Engagement
· Others
Segmentation by Vertical:
· Retail & Ecommerce
· BFSI
· Travel & Hospitality
· Healthcare & Life Sciences
· Media & Entertainment
· Telecom
· Others
Segmentation by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com
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Intelligent Virtual Assistant Market Analysis, Growth, Size, Demand, Trends, Share and Forecast 2027
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.
Key Drivers of the Intelligent Virtual Assistant Market:
The global intelligent virtual assistant market has seen a significant increase in recent years. The increasing adoption rate of low-cost chatbots software modules, rising need for automation in customer service and marketing areas, followed by the growing integration of intelligent virtual assistant smart speakers with smart home appliances, are the major factors propelling the growth of the global intelligent virtual assistant market. The increasing demand for intelligent virtual assistants capable of offering multi-lingual support, coupled with recognizing gestures, will further fuel the growth of the intelligent virtual assistant market over the upcoming years.
The consumer electronics industry segment was projected to dominate the intelligent virtual assistant market in 2016. The increase in demand for intelligent virtual assistants in home automation systems is the key factor in surging the growth of the consumer electronics market. Moreover, the BFSI sector was projected to grow at a higher CAGR during the forecast period.
To know more about this market, request a sample https://www.gmiresearch.com/report/global-intelligent-virtual-assistant-market/sample-request
This report splits the Intelligent Virtual Assistant Market as follows:
By Product:
Chatbot
IVA Smart Speakers
By Type:
Rule-Based
Conversational AI-Based
By Industry:
Consumer Electronics
BFSI
Healthcare
Education
Retail
Government
Utilities
Travel and Hospitality
Others
By Region:
North America
United States of America
Canada
Asia Pacific
Europe
RoW
China
Japan
India
Rest of APAC
United Kingdom
Germany
France
Spain
Rest of Europe
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
Competitive Landscape:
The intelligent virtual assistant market report also scans the competitive landscape and profiles the major players operating in the market including Alphabet, Amazon, Microsoft, Samsung Electronics, IBM, Blackberry, Baidu, Inbenta Technologies, Nuance Communications, and Apple, among others.
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About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.
For more information about this report visit https://www.gmiresearch.com/report/global-intelligent-virtual-assistant-market/
Contact GMI Research
Company Name: GMI RESEARCH EUROPE OFFICE: Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland Email: [email protected] Website: https://www.gmiresearch.com
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Artificial Intelligence Chip Market Forecast Report 2020 – 2027 – Top Key Players Analysis
This report researches and evaluates the impact of COVID-19 outbreak on the market, including potential opportunities and challenges, drivers, and risks associated with the market. We present a detailed assessment of market growth based on numerous scenarios.
Market Overview:
The market report offers a detailed analysis of the market size, regional and country-level market size, segmentation, market growth, market share, competitive landscape, and the impact of domestic and global leading players.
Market Drivers:
The rising number of AI applications to improve computing power and decrease hardware cost, the increasing number of large and complex datasets and the growing adoption of AI for improving consumer services are the major factors contributing to the growth of the artificial intelligence chip market size. Various technology such as AI chatbot have cognitive abilities and are built to learn from their interaction with humans. These chatbots have the ability to handle queries from a large number of customers at any point of time without the need for a real human employee. Deploying AI technology in the business process helps in improving workflow efficiency, decreasing the need to outsource work, eliminating the need for hardware deployment, thus helping in reducing human resources. Hence, the rapid adoption of AI technology for customer service and to decrease the operational cost are the major factors that will boost the demand of the global artificial intelligence chip market.
The major components of AI are natural language processing, machine learning, and machine vision. These components offer a machine to human combination, improves efficiency, and decrease cost. Moreover, AI is used by businesses for brand management, software testing and development, customer service, human resource management, and fraud detection. Thus, the growing number of AI applications across various businesses is encouraging the adoption of AI chips. On the other hand, the lack of skilled AI professionals and the absence of protocols and standards are likely to restrain the growth of the global artificial intelligence chip market.
Market Segmentation:
The Artificial Intelligence Chip Market is split by technology, hardware, industry, end-users, and regions. For the forecast period, the growth among the segments provides accurate calculations and forecasts for sales by different segments in terms of volume and value. This analysis will help in expanding the business by targeting qualified niche markets.
Segment by Technology:
Machine Learning
Natural Language Processing
Context–Aware Computing
Computer Vision
Segment by Hardware:
Processor
Memory
Network
Segment by Industry:
Healthcare
Manufacturing
Automotive
Agriculture
Retail
Security
Human Resources
Marketing
Law
Fintech
Segment by End-user:
Residential
Commercial
Agricultural
Segment by Region:
North America
o United States of America
o Canada
Asia Pacific
o China
o Japan
o India
o Rest of APAC
Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
Competitive Landscape and Analysis:
The Artificial Intelligence Chip Market offers detailed information including company overview, company total revenue, market potential, global presence, and total revenue generated. The report will also provide market share, production sites, SWOT analysis, product launch, and other relevant data.
The key players for the Artificial Intelligence Chip Market are IBM Corporation, Micron Technology Inc, Qualcomm Technologies Inc, Samsung Electronic Co. Ltd, Intel Corporation, NVIDIA Corporation, Microsoft Corporation, Google LLC, Xilinx Inc, and Amazon Web Services (AWS), among others.
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.
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Conversational AI Market Opportunities & Forecast, 2020-2027.
The global conversational AI market forecast 2020-2027 report provides comprehensive coverage of the market through market segments, in-depth regional level analysis, and identifies the key drivers, restraints, growth opportunities, and competitive scenarios in the market. The conversational AI market report offers extensive insight and analysis of the market over the next six years (2020-2027) and evaluates the impact of the COVID-19 outbreak on the industry.
Global Conversational AI Market Overview
The global conversational AI market is becoming more mainstream thanks to the strong demand for AI-powered customer support services and chatbots across various industry verticals such as healthcare. Moreover, various research & development activities and technological advancements for the conversation of AI solution to improve the service offering for better customer experience is bringing numerous growth opportunities in the conversational AI market. The governments across various nations are investing in integrating the AI capabilities or solutions in their environment. All these factors, along with the increasing penetration of social media platforms across several countries, are some factors responsible for the expansion of the conversational AI market size over the coming years.
The conversational AI offers remarkable advantages, such as improved customer experience & agent efficiency, easy scalability, optimized data collection, 24/7 customer service, and decreases the operational cost. The rapid emergence of the COVID-19 has surged the demand for conversational AI. The strict lockdown across numerous countries and the increasing emphasis on staying at home have eventually decreased the number of working people, especially in the BPOs. The increasing demand for customer service assistance in banks, edge, the lack of awareness regarding the technology and its benefits is likely to hamper the market growth.
Global Conversational AI Market Competitive Rivalry
The conversational AI market report includes an analysis of the competitive landscape present in the global conversational AI market. It includes an assessment of the existing and upcoming trends that players can invest in. The leading players in the global conversational AI market are Google, IBM Corporation, Nuance Communications, Inc., Amazon Web Services, Inc., Microsoft, Oracle, SAP SE, Baidu, Kore.ai, Inc., and Artificial Solutions, among others.
Global Conversational AI Market Segmentation
On the basis of component, the conversational AI market report represents the market share, revenue, and growth rate of each component, which is further divided into
· Services
· Systems Integration & Deployment
· Training & Consulting
· Support & Maintenance
· Platform
On the basis of type, the conversational AI market report studies the market share, revenue, and growth rate of each type, which is further divided into
· Chatbots
· Intelligent Virtual Assistant
On the basis of technology, the conversational AI market report focuses on the market share, revenue, and growth of each technology, which is further divided into
· Natural Language Processing
· Machine Learning & Deep Learning
· Automated Speech Recognition
On the basis of deployment mode, the conversational AI market report focuses on the market share, revenue, and growth of each deployment mode, which is further divided into
· On-premises
· Cloud
On the basis of application, the conversational AI market report studies the market share, revenue, and growth rate of each application, which is further divided into
· Personal Assistant
· Customer Support
· Customer Engagement & Retention
· Branding & Advertisement
· Data Privacy & Compliance
· Onboarding & Employee Engagement
· Others
On the basis of vertical, the conversational AI market report focuses on the market share, revenue, and growth of each vertical, which is further divided into
· Retail & Ecommerce
· BFSI
· Travel & Hospitality
· Healthcare & Life Sciences
· Media & Entertainment
· Telecom
· Others
Geographic Segmentation
The conversational AI market report splits the market into North America, Europe, Asia Pacific, and the Rest of the World, with revenue, market share, and growth rate of all of these regions, from 2020-2027:
· North America
o United States of America
o Canada
· Asia Pacific
China
Japan
India
Rest of APAC
· Europe
United Kingdom
Germany
France
Spain
Rest of Europe
· RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.
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Global Software as a Service Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2025
Software as a service is a distribution model for software where the software can run locally on the PC instead of downloading it. SaaS is a type of cloud computing which is hosted by third party provider and accessed by users over the internet. With the help of subscription model, SaaS allows users to gain access to various components.
Data analysis is one of the key areas in SaaS technology. This technology would be a true marketing revolution as AI can be creatively used in such areas as dynamic pricing, automated testing, intelligent chatbots or predictive analysis. SaaS providers provides network-based access to each single application and the source code of the application is same for all customers so that updates rolled out to all customers. Automatic update is the key factor for growing demand for SaaS market. Accessibility and persistence of SaaS applications are the kay drivers for the growth of market. High scalability, features on demand are key points for success. SaaS reduces the cost of hardware acquisition, maintenance and provisioning, as well as software licensing, installation and support and increases the use of smart devices and instant messaging system that led to implement SaaS among various enterprise. SaaS applications are majorly used for fundamental business technologies such as Customer Relationship Management (CRM), Human Resources Management (HRM), Financial Management, Sales Management etc. Continuous tracking for software updates and security breach are the restraints of SaaS service.
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The major key players operating in the SaaS market are Microsoft, Google Inc, Oracle, SAP SE, Salesforce, HP, IBM Corporation, Amazon, Symantec Corporation, Epicor Software Corporation
The Global Software as a Service market has been segmented on the basis of end user, application, organization size, deployment type and key geographies. The research report “Global Software as a Service Market” provides in-depth analysis of global Software as a Service market based on end user, application, organization size, deployment type and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Software as a Service market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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Key questions answered in this research report: 1- At what pace is Software as a Service market growing? What will be growth trend in future? 2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future? 3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Software as a Service? 4- What are the various application areas and how they are poised to grow?
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-software-as-a-service-market-saas-technology/
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.
The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.
Contact Us
Company Name: GMI RESEARCH Contact Person: Sarah Nash
Email: [email protected]
Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: www.gmiresearch.com
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Global Chatbots Market-GMI Research
Global Chatbots Market by Platform (Cloud based, Local) , by End User (BFSI, Education, Customer Service, Hospitality, Media, Others) , By Service type (Software, Services) , By Usage (Social Media, Messaging Services, Others), by Geography – Opportunities and Forecast, 2018-2025
A Chatbot is a virtual assistant which is either a computer program or an Artificial Intelligence Unit that can converse with the user through auditory or textual conversations. The Chatbots can be built and tested on a local platform or a cloud platform. The use of Chatbots have become much varied, starting from messaging applications to Banking and financial sectors, touching people at every aspect of their lives.
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Factors such as the increasing demand for self-service as well as the increasing pressure on support and service centre assistants have shown a major market for Chatbot’s application. In addition, the demand of the present society for hands free applications and usage has led to the market of many products like Amazon Alexa, Google home etc. which are auditory chatbots. Moreover, the rampant use and massive popularity of the messaging applications as well as the social media platforms is currently serving as one of the primary drivers for the Chatbots market. The growing research and development of Artificial Intelligence is also responsible for boosting the Chatbots market further. Furthermore, the growing demand for smooth and precise functioning in the industrial sector and the lack of skilled personnel in various sectors has added on to the growing demand for the Chatbots market. Many companies and platforms are using the Chatbots for implementing their digital market strategy and through customer interactions and optimizing customer experience.
Various notable players in the market include Facebook Inc, Amazon, Microsoft Corp., Google, Nuance Communications Inc., IBM, Chatfuel, NEXT IT Corps, Artificial Solutions and WeChat among others.
The Global Chatbots Market has been segmented by Platform, by End Users, by Service Type, by Usage and key geographies. Based on Platform the market comprises of Cloud Based and Local/On Premise. The research report “Global Chatbots market” provides in-depth analysis of the global Chatbots market based on Platform, End Users, Service Type, Usage and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Chatbots market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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Key questions answered in this research report: 1- At what pace is global Chatbots market growing? What will be growth trend in future? 2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future? 3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Chatbots market? 4- What are the various application areas and how they are poised to grow?
Market Segmentation • By Platform • Cloud Based • Local/On Premise
• By End User • BFSI • Education • Hospitality • Customer service • Media • Others
• By Service Type • Software • Services • By Usage • Social Media • Messaging Services • Others
• By Geography • North America As a part of customization • By Platform • By End User • By Usage • By Service Type • US • Canada • Mexico
• Europe As a part of customization • B By Platform • By End User • By Service Type • By Usage • UK • Germany • Spain • Rest of Europe
• Asia-Pacific As a part of customization • By Platform • By End User • By Service Type • By Usage • China • Australia • India • Rest APAC
• ROW As a part of customization • By Platform • By End User • By Service Type • By Usage • Brazil • South Africa • GCC countries • Rest of world (remaining countries of LAMEA region)
Leading Companies • Facebook Inc • Amazon • Microsoft Corp. • Google • Nuance Communications Inc. • IBM • Chatfuel • NEXT IT Corps • Artificial Solutions • WeChat
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Contact Sarah Nash U.S Office +1 860 881 2270 Europe Office +353 1 442 8820 Email: [email protected]
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The GMI Research presumes the Call Center Artificial Intelligence (AI) Market to perceive extensive growth opportunities during the forecast period. This is because of the evolving demand for superior customer services, increasing implementation of AI-supported chatbots to manage work, and growing customer involvement through different social media platforms.
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Chatbot Market Research Report
The global chatbot market is expected to touch USD 4,860.8 million by 2026, while increasing at a CAGR of 22.7% during 2019-2026. The rising customer demand for 24*7 support services and the growing usage of chatbots among several industries are the key factors driving the growth of the global chatbot market.
Introduction of the Chatbot Market:
A chatbot refers to artificial intelligence (AI) software that acts as a platform between a user in a natural language through messaging applications, mobile apps, or via phone call, and websites. Chatbots are mostly used in dialog systems for various practical purposes such as customer services or information acquisition.
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Chatbot Market Dynamics (Including market size, research, and forecast)
The rising customer demand for 24*7 support services and the growing usage of chatbots among several industries are some of the major factors driving the growth of the chatbot market size. The AI-powered chatbots provide numerous advantages such as the delivery of support in various languages, automation of repetitive tasks resulting in improved process efficiency, and enhanced self-service experiences. The chatbot’s capability to personalize the experience without any interruption will attract many industries that are looking for 24*7 customer support systems. The rising deployment of chatbots in several business verticals and chatbots are integrated with artificial intelligence, IoT, and APIs technologies to provide enhanced operations, thereby accelerating the demand of the car rental market in the US.
Several multinational giants, such as KLM Dutch Airlines, Starbuck, Bank of America, and Spotify, are using a chatbot to engage customers effectively while delivering a seamless customer experience. According to the chatbot market research, the drastic shift in demand of the companies towards improving customer experience through numerous platforms will fuel the growth of the global chatbot market during the forecast period. As per the chatbot market forecast, the rising usage of self-learning chatbots to collect feedback, track purchasing patterns, and monitor consumer data, will further surge the market’s demand. Self-learning chatbot analyses data in less time, offer exact information to the customers and learns from their mistakes. On the other edge of the spectrum, the limited adoption of chatbots by the Small & Medium-sized Enterprises (SMEs) owing to high maintenance costs and limited skilled resources will restraint the growth of the chatbot industry during the forecast period.
Key Players of the Global Chatbot Market:
· Microsoft Corporation
· Google LLC
· IBM Corporation
· Amazon Web Services
· eGain Corporation
· Nuance Communication, Inc.
· Creative virtual Ltd.
· Artificial Solution International AB
· Next IT Corp.
· Chatfuel
Chatbot Market Segmentation:
Global Chatbot Market Report Segment by Component:
· Solutions
o Platform
o Software
· Services
o Managed Services
o Professional Services
Global Chatbot Market Report Segment by Technology:
· Machine Learning and Deep Learning
· Natural Language Processing
· Automated Speech Recognition
Global Chatbot Market Report Segment by Deployment Model:
· On-Premises
· Cloud
Global Chatbot Market Report Segment by Usage:
· Websites
· Contact Centres
· Social Media
· Mobile Platform
Global Chatbot Market Report Segment by Organization Size:
· Large Enterprises
· Small and Medium-Sized Enterprises
Global Chatbot Market Report Segment by Application:
· Customer Support
· Personal Assistant
· Branding and Advertisement
· Customer Engagement and Retention
· Data Privacy and Compliance
· On-Boarding and Employee Engagement
· Others
Global Chatbot Market Report Segment by Vertical:
· Banking, Financial Services and Insurance
· Retail and Ecommerce
· Healthcare
· Travel and Hospitality
· Media and Entertainment
· Telecommunications
· Others
Global Chatbot Market Report Segment by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com
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Healthcare Virtual Assistants Market: Opportunities and Forecast Assessment, 2020-2027
According to the latest report by GMI Research, Healthcare Virtual Assistants Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The global healthcare virtual assistants market examines the impact of the COVID-19 pandemic and represents that the market is expected to witness a fallout in 2020 and will bounce back in 2021, growing at a higher rate from 2022 onwards. Virtual assistants, also known as a digital assistant or AI assistant, refers to an application program that understands the natural language voice commands of the user and performs the task based on questions or commands for an individual. These assistants are usually used in the healthcare industry to increase the engagement of the patients to a higher level. They help in improving the healthcare processes and assist the healthcare center in gathering the history of a patient's health, demographic information, details regarding the insurance, and other analysis of records.
Competitive Landscape: The global healthcare virtual assistants market report also scans the competitive landscape and profiles the major players operating in the market, including ADA Digital Health, Microsoft Corporation, Amazon, Nuance Communications, Inc., Infermedica, Verint Systems Inc., Sensely, Inc., Egain Corporation, Infermedica, Healthtap, Inc., CSS Corporation, Kognito Solutions, LLC, and Babylon Healthcare Service Limited.
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The significant factors contributing to the growth of the global healthcare virtual assistants market include the rising penetration of internet and smartphone devices, increasing incidences of chronic disorders, and expanding usage in healthcare applications around the world. Moreover, the strong demand for healthcare services, shortage of healthcare professionals, continuous technological advancements, and the rising focus towards the manufacturing of multi-language support in the tools of virtual assistants are further accelerating the growth of the market in the coming years.
The ongoing COVID-19 pandemic will have a positive impact on the global healthcare virtual assistants market. The rising emphasis on staying at homes and maintain social distance is promoting the usage of virtual assistants in the healthcare sector to avoid physical contact of humans. Moreover, the increasing global health care spending and the gaining popularity of virtual health care will further surge the market's demand. On the other hand, the lack of awareness among the professionals in healthcare and the increasing concerns related to the privacy of data are likely to hamper the growth of the global healthcare virtual assistants market.
For further information on these analyses, please visit: https://www.gmiresearch.com/report/healthcare-virtual-assistants-market/
Market Segments:
Breakup by Product:
Smart Speakers
Chatbots
Breakup by User Interface:
Text-to-Speech
Automatic Speech Recognition
Text-Based
Others
Breakup by End User:
Healthcare Payers
Patients
Healthcare Providers
Others
Breakup by Region:
North America
United States of America
Canada
Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that's why our analyst use tailored methodology to study every market in detail because one size doesn't fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.
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Global Chatbot Market - Forecast and Trends Analysis Research Report 2020-2027
According to the latest report by GMI Research, Chatbots Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The global chatbots market examines the impact of the COVID-19 pandemic and represents that the market will experience a slowdown in 2020, and will accelerate in 2021, growing at a significant growth rate from 2022 onwards. A Chatbot refers to a computer program that can communicate with the user through auditory or textual conversations. The chatbots are used in dialog systems for different practical purposes, including customer services or information acquisition. This computer program answers to all the queries through a single-line response and acts as digital assistants that learn and evolve to deliver an enhanced level of personalized experience.
Competitive Landscape: The global chatbots market report also scans the competitive landscape and profiles the major players operating in the market, including Google LLC, Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc., Nuance Communications, Inc., Next IT Corp., eGain Corporation, Creative Virtual Ltd., Artificial Solution International AB, and Chatfuel.
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The significant factors boosting the growth of the global chatbot market are the continuous technological advancement in AI, natural language process, machine learning, and the reduction in chatbot development cost. Additionally, the increasing penetration of websites, smartphone users and the growing requirement to understand customer behavior will further energize the demand of the chatbots market around the world. Moreover, accelerating adoption of cloud-based technology such as IoT is expected to complement the chatbot market growth during the forecast period.
The COVID-19 pandemic has compelled the global organizations to rethink their strategies and the way they operate. With the growing emphasis on staying at home and strict lockdown, the overall amount of working population has drastically decreased, which in turn, has created a need for advanced solutions or software to cope up with the workload. This has increased the demands for chatbot solutions to capture the rising demand to deliver 24*7 customer support services to the target consumers, especially in BPO, banks, food delivery retailers, and many other service providers.
For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-chatbot-market-industry-anaysis/
Market Segments:
Breakup by Deployment Mode:
· On-Cloud
· On-Premise
Breakup by Component:
· Software
· Services
Breakup by Industry:
· Healthcare
· IT & Comm.
· BFSI
· Retail
· Media
· Hospitality
· Others
Breakup by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.
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Global Intelligent Virtual Assistant Market - Opportunities & Forecast 2016-2021
The global intelligent virtual assistant market has witnessed a substantial growth in recent years. The rise in the adoption rate of low-cost chatbots software modules, growing need for automation in customer service and marketing areas as well as increase in integration of intelligent virtual assistant smart speakers with smart home appliances are the key factors fuelling the growth of the global intelligent virtual assistant market. The growing demand for intelligent virtual assistants capable of providing multi-lingual support as well as recognizing gestures will further propel the growth of the intelligent virtual assistant market during the forecast period.
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-intelligent-virtual-assistant-market/
The consumer electronics industry segment was estimated to dominate the intelligent virtual assistant market in 2016. The rise in demand of intelligent virtual assistant in home automation systems is the key factor propelling the growth of the consumer electronics market. Also, BFSI sector was the second most dominant industry segment in the intelligent virtual assistant market in 2016.
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North America region was estimated to dominate the intelligent virtual assistant market in 2016 owing to rise in the adoption rate of intelligent virtual assistant technologies by industries such as consumer electronics, BFSI, healthcare, education, retail, government, utilities, travel and hospitality. On the other hand, Asia-Pacific is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to factor such as the increasing adoption of chatbots for providing effective customer service to people of emerging economies of the Asia-Pacific such as China and India.
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This research report on intelligent virtual assistant market provides in-depth analysis of the global intelligent virtual assistant market based on product, type, industry and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for intelligent virtual assistant market. The report also analyses the competitive landscape and the major player and their strategies in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
Key questions this research would answer:
• Is the intelligent virtual assistant market growing? How long will it continue to grow and at what rate?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
• What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the intelligent virtual assistant market?
• What are the various industry application segments and how they are poised to grow?
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.
The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.
Contact Us
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: [email protected]
Phone: +353 1 442 8820
Address: Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate
City: Dublin
State: Dublin
Country: Ireland
Website: www.gmiresearch.com
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Global Intelligent Virtual Assistant Market - Opportunities & Forecast 2016-2021
The global intelligent virtual assistant market has witnessed a substantial growth in recent years. The rise in the adoption rate of low-cost chatbots software modules, growing need for automation in customer service and marketing areas as well as increase in integration of intelligent virtual assistant smart speakers with smart home appliances are the key factors fuelling the growth of the global intelligent virtual assistant market. The growing demand for intelligent virtual assistants capable of providing multi-lingual support as well as recognizing gestures will further propel the growth of the intelligent virtual assistant market during the forecast period.
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-intelligent-virtual-assistant-market/
The consumer electronics industry segment was estimated to dominate the intelligent virtual assistant market in 2016. The rise in demand of intelligent virtual assistant in home automation systems is the key factor propelling the growth of the consumer electronics market. Also, BFSI sector was the second most dominant industry segment in the intelligent virtual assistant market in 2016.
Request for Sample Report- https://www.gmiresearch.com/report/global-intelligent-virtual-assistant-market/sample-request
North America region was estimated to dominate the intelligent virtual assistant market in 2016 owing to rise in the adoption rate of intelligent virtual assistant technologies by industries such as consumer electronics, BFSI, healthcare, education, retail, government, utilities, travel and hospitality. On the other hand, Asia-Pacific is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to factor such as the increasing adoption of chatbots for providing effective customer service to people of emerging economies of the Asia-Pacific such as China and India.
Request for Customization – https://www.gmiresearch.com/report/global-intelligent-virtual-assistant-market/request-for-customization
This research report on intelligent virtual assistant market provides in-depth analysis of the global intelligent virtual assistant market based on product, type, industry and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for intelligent virtual assistant market. The report also analyses the competitive landscape and the major player and their strategies in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.
Key questions this research would answer:
• Is the intelligent virtual assistant market growing? How long will it continue to grow and at what rate?
• What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
• What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the intelligent virtual assistant market?
• What are the various industry application segments and how they are poised to grow?
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.
The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.
Contact Us
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: [email protected]
Phone: +353 1 442 8820
Address: Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate
City: Dublin
State: Dublin
Country: Ireland
Website: www.gmiresearch.com
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Global Healthcare Virtual Assistants Market – Opportunities & Forecast, 2019-2026
Virtual assistants also referred as digital assistant or AI assistant is an application program which understand the natural language voice commands by the user and completes the task or it is a type of software agent which has the ability to perform tasks based on questions or commands for an individual. Those virtual assistants which are used in the healthcare industry are referred to as healthcare virtual assistants who help to rise the engagement of the patients to a high standard. These assistants help in enhancing the healthcare processes and also assist the organizations in gathering a history of patient’s health, demographic information, details regarding the insurance, and the other analysis of records.
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/healthcare-virtual-assistants-market/
The factors which are responsible for driving the growth of global healthcare virtual assistants include the increasing penetration of internet and smartphone devices, rise in the incidences of chronic disorders and growing use in healthcare applications along with the necessity to decrease the number of medical errors and costs of healthcare. Rising demand for healthcare services, shortage of the healthcare professionals and increasing technological advancements coupled with the focus towards manufacturing of multi-language support in the tools of virtual assistants are bolstering the growth of virtual assistants market during the forecast period. The factors hindering the growth of the global virtual assistant’s market include the lack of awareness among the professionals in healthcare and concerns for the privacy of data.
Request for Sample Report- https://www.gmiresearch.com/report/healthcare-virtual-assistants-market/sample-request
Various notable players operating in the global healthcare virtual assistants market include Verint Systems Inc., Microsoft Corporation, Nuance Communications, Inc., Sensely, Inc., Amazon, Egain Corporation, Infermedica, Healthtap, Inc., CSS Corporation, Kognito Solutions, LLC, ADA Digital Health and Babylon Healthcare Service Limited among others.
Request for Customization – https://www.gmiresearch.com/report/healthcare-virtual-assistants-market/request-for-customization
The global healthcare virtual assistants market has been segmented on the basis of product, user interface, end-user, and key regions. The product segment is categorized into Smart Speakers and Chatbots. Based on the user interface, the market is segmented into Text-To-Speech, Automatic Speech Recognition, Text-Based, and Others. The end-user segment in categorized into Healthcare Payers, Patients, Healthcare Providers, and Others.
Key questions answered in this research report:
· At what pace is the global healthcare virtual assistants market growing? What will be the growth trend in the future?
· What are the key drivers and restraints in the global healthcare virtual assistants market? What will be the impact of drivers and restraints in the future?
· What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global healthcare virtual assistants market?
· What are the various application areas of global healthcare virtual assistants market, and how they are poised to grow?
· What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.
The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.
Contact Us
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: [email protected]
Phone: +353 1 442 8820
Address: Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate
City: Dublin
State: Dublin
Country: Ireland
Website: www.gmiresearch.com
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