Surge in Integration of Chatbots with Social Media Expected to Drive Global Chatbot Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now The Chatbot is an artificial intelligence software or program that simulates a chat with the user in natural language through websites, messaging applications, mobile apps or through the telephone. It is used in dialog systems for various purposes including request routing, customer service, or for information gathering. Most chatbots are accessed on-line using website popups through virtual assistants. Chatbot can be classified into usage categories that include commerce (e-commerce via chat), entertainment, finance, education, health, news, and productivity. Some of the key benefits are included improved customer service, better lead generation, qualification and nurturing, increased customer engagement, cost saving, easier approach to global markets and monitoring consumer data & gaining insights. According to study, “Global Chatbot Market to reach USD 16.02 billion by 2026” the key companies operating in the global chatbot market are Artificial Solutions Holding ASH AB, Kore.ai Inc., IBM Corporation, Nuance Communications, eGain Corporation, EdgeVerve Systems Limited (An Infosys Company), Creative Virtual Ltd., Inbenta Technologies Inc., Avaamo Inc., Serviceaide Inc., SMOOCH.ai (Zendesk), Amazon Web Services Inc. (Amazon Lex), Ipsoft Inc., Dialogflow (Google) and LiveChat Inc. Based on component, chatbot market is segmented as platform, solutions, services and software. Services are further sub-segmented as professional services and managed services. Based on technology, market is segmented as Natural Language Processing (NLP), Machine Learning (ML) and Automated Speech Recognition (ASR). Based on usage, market is segmented as contact centers, social media, websites, mobile platform and others. Based on deployment model, market is segmented as on-premises deployment and cloud deployment. Based on organization size, market is segmented as Small and Medium-Sized Enterprises (SMEs) and large enterprises. Based on application, market is segmented as branding & advertisement, personal assistant, customer support, data privacy & compliance, customer engagement & retention, onboarding & employee engagement and others (payment processing, campaign analysis and, data aggregation). In addition, based on vertical, market is segmented as telecom, Banking, Financial Services and Insurance (BFSI), retail & ecommerce, healthcare & life sciences, media & entertainment, travel & hospitality and Others (Government, Education, Manufacturing, and Utilities). The chatbot market is driven by increase in need to improve customer relationship management (CRM), followed by surge in integration of chatbots with social media and increase in advantages of chatbots over other customer support options. However, lack of product differentiation and high initial installment cost may impact the market. Moreover, continuous technological advancements in chatbots and rise in focus on customer engagement through various channels are key opportunities for market. Based on geography, the Asian-Pacific region dominates the global chatbot market owing to rapidly expanding information & communications technology infrastructures in the leading economies, such as China and India. Whereas, the North-American and European regions are anticipated to exhibits higher CAGR due to increase in deployment of chatbots in various business vertical over the forecast period. The global chatbot market is valued approximately at US $2 billion in 2018 and is expected to grow with a healthy growth rate of more than 29.7 % over the forecast period 2019 to 2026. For More Information, click on the link below:- Global Chatbot Market Research Report Related Reports:- Global Chatbots Market 2020 by Company, Regions, Type and Application, Forecast to 2025 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Post Views: 5 Tags: Amazon.com INC. Chatbot Market, Artificial Solutions Chatbot Market, Asia Pacific Chatbot Market, Brazil Chatbot Market, Canada Chatbot Market, China Chatbot Market, Creative Virtual Ltd. 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