Global Conversational AI Market

Global Conversational AI Market Conversational Artificial Intelligence deals with the utilization of the speech based assistance, chatbots to automate the communication, messaging apps and to craft the individualized customer experience. This platform allows people to interact with websites, applications, and devices every day with the help of voice, gesture, text and touch information. It plays important role in open interactions and personal assistance activities.

Market Drivers

Increase in demand for AI-powered customer support services is the key driving factor which is expected to boost the global conversational AI market growth. Furthermore, continuous technological advancements and innovations in the field of artificial intelligence will positively contribute the market growth. Moreover, increase in adoption of omnichannel deployment methods, low cost of the chatbot application will propel the global conversational AI market growth during this forecast period. In addition to that, Increase in use of social media platforms such as Telegram, Facebook, Twitter, and Skype will improve the demand for Conversational Artificial Intelligence across the globe.

 

Market Restraints

However, lack of awareness regarding conversational AI solutions is the major challenging factor which is expected to hinder the global conversational AI market growth. Also, lack of accuracy in chatbots and virtual assistants will affect the market growth during this forecast period.

 

Market Segmentation

Global Conversational AI Market is segmented into technology such as Machine Learning and Deep Learning, Automated Speech Recognition, and Natural Language Processing, by deployment type such as On-Premise, and Cloud. Further, market is segmented into component such as Solutions, and Services, and applications such as Customer Support, Personal assistance, Branding & Advertisement, and Customer Engagement.

Also, Global Conversational AI Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

 

Market Key Players

Various key players are discussed in this report such as GOOGLE, MICROSOFT, AWS, IBM, ORACLE, NUANCE, BAIDU, SAP, and KORE.AI

 

Market Taxonomy

  • By Technology

  • Machine Learning and Deep Learning,
  • Automated Speech Recognition Natural Language Processing

 

By Deployment Type

  • On-Premise Cloud

By Component

  • Solutions Services

By Application

  • Customer Support Personal assistance Branding & Advertisement Customer Engagement

By Region

  • North America
  • Latin America
  • Europe Asia Pacific
  • Middle East & Africa

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Conversational AI Market?
  • What will be the growth rate from 2019 to 2030?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

Global Conversational AI Market 

1 Introduction

1.1 Objective of the Study

1.2 Market definition

1.3 Market Scope

 

2 Research Methodology

2.1 Data Mining

2.2 Validation

2.3 Primary Interviews

2.4 List of Data Sources

 

3 Executive Summary 4 Global Conversational AI Market Outlook

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.4 Value Chain Analysis

 

5 Global Conversational AI Market, By Technology

5.1 Y-o-Y Growth Comparison, By Technology 

5.2 Global Conversational AI Market Share Analysis, By Technology 

5.3 Global Conversational AI Market Size and Forecast, By Technology

5.3.1 Machine Learning and Deep Learning

5.3.2 Automated Speech recognition

5.3.3 Natural Language Processor

 

6 Global Conversational AI Market, By Deployment Type

6.1 Y-o-Y Growth Comparison, By Deployment Type

6.2 Global Conversational AI Market Share Analysis, By Deployment Type

6.3 Global Conversational AI Market Size and Forecast, By Deployment Type

6.3.1On-Premise

6.3.2 Cloud

 

7 Global Conversational AI Market, By Component

7.1 Y-o-Y Growth Comparison, By Component

7.2 Global Conversational AI Market Share Analysis, By Component

7.3 Global Conversational AI Market Size and Forecast, By Component

7.3.1Solutions

 7.3.2 Services

  8 Global Conversational AI Market, By Application

8.1 Y-o-Y Growth Comparison, By Application

8.2 Global Conversational AI Market Share Analysis, By Application

8.3 Global Conversational AI Market Size and Forecast, By Application

8.3.1 Customer Support

8.3.2 Personal Assistance

8.3.3 Branding & Advertisement

8.3.4 Customer Engagement

 

9Global Conversational AI Market, By Region

9.1 Global Conversational AI Market Share Analysis, By Region

9.2 Global Conversational AI Market Share Analysis, By Region

9.3 Global Conversational AI Market Size and Forecast, By Region

  10 North America Conversational AI Analysis and Forecast (2020 – 2030)

10.1 Introduction

10.2 North America Conversational AI Product Market Share Analysis, By Technology

10.3 North America Conversational AI Product Market Size and Forecast, By Deployment Type

10.4 North America Conversational AI Product Market Size and Forecast, By Component

10.5 North America Conversational AI Product Market Size and Forecast, By Application

10.6 North America Conversational AI Product Market Size and Forecast, By Country

10.6.1 U.S.

10.6.2 Canada

10.6.3 Mexico

 

11Europe Conversational AI Market Analysis and Forecast (2020 – 2030)

11.1 Introduction

11.2 Europe Conversational AI Product Market Share Analysis, By Technology 

11.3 Europe Conversational AI Product Market Size and Forecast, By Deployment Type 

11.4 Europe Conversational AI Product Market Size and Forecast, By Component

11.5 Europe Conversational AI Product Market Size and Forecast, By Application

11.6 Europe Conversational AI Product Market Size and Forecast, By Country

11.6.1 Germany

11.6.2 France

11.6.3 UK

11.64. Rest of Europe

 

12Asia Pacific Conversational AI Market Analysis and Forecast (2020 – 2030)

12.1 Introduction

12.2 Asia Pacific Conversational AI Product Market Share Analysis, By Technology 

12.3 Asia Pacific Conversational AI Product Market Size and Forecast, By Deployment Type  

12.4 Asia Pacific Conversational AI Product Market Size and Forecast, By Component

12.5 Asia Pacific Conversational AI Product Market Size and Forecast, By Application

12.6 Asia Pacific Conversational AI Product Market Size and Forecast, By Country

12.6.1 China

12.6.2 Japan

12.6.3 India

12.6.4. Rest of Asia Pacific

 

13Latin America Conversational AI Market Analysis and Forecast (2020 – 2030)

13.1 Introduction

13.2 Latin America Conversational AI Product Market Share Analysis, By Technology 

13.3 Latin America Conversational AI Product Market Size and Forecast, By Deployment Type 

13.4 Latin America Conversational AI Product Market Size and Forecast, By Component

13.5 Latin America Conversational AI Product Market Size and Forecast, By Application

13.6 Latin America Conversational AI Product Market Size and Forecast, By Country

 

14Middle East Conversational AI Market Analysis and Forecast (2020 – 2030)

14.1 Introduction

14.2 Middle East Conversational AI Product Market Share Analysis, By Technology 

14.3 Middle East Conversational AI Product Market Size and Forecast, By Deployment Type 

14.4 Middle East Conversational AI Product Market Size and Forecast, By Component

14.5 Middle East Conversational AI Product Market Size and Forecast, By Application

14.6 Middle East Conversational AI Product Market Size and Forecast, By Country

 

15Competitive Analysis

15.1 Competition Dashboard

15.2 Market share Analysis of Top Vendors

15.3 Key Development Strategies

 

16Company Profiles 16.1 GOOGLE

16.1.1 Overview

16.1.2 Offerings

16.1.3 Key Financials

16.1.4 Business Segment & Geographic Overview

16.1.5 Key Market Developments

16.1.6 Key Strategies

 

16.2 MICROSOFT

16.2.1 Overview

16.2.2 Offerings

16.2.3 Key Financials

16.2.4 Business Segment & Geographic Overview

16.2.5 Key Market Developments

16.2.6 Key Strategies

 

16.3 AWS

16.3.1 Overview

16.3.2 Offerings

16.3.3 Key Financials

16.3.4 Business Segment & Geographic Overview

16.3.5 Key Market Developments

16.3.6 Key Strategies

 

16.4 IBM

16.4.1 Overview

16.4.2 Offerings

16.4.3 Key Financials

16.4.4 Business Segment & Geographic Overview

16.4.5 Key Market Developments

16.4.6 Key Strategies

 

16.5 ORACLE

16.5.1 Overview

16.5.2 Offerings

16.5.3 Key Financials

16.5.4 Business Segment & Geographic Overview

16.5.5 Key Market Developments

16.5.6 Key Strategies

 

16.6 NUANCE

16.6.1 Overview

16.6.2 Offerings

16.6.3 Key Financials

16.6.4 Business Segment & Geographic Overview

16.6.5 Key Market Developments

16.6.6 Key Strategies

 

16.7 BAIDU

16.7.1 Overview

16.7.2 Offerings

16.7.3 Key Financials

16.7.4 Business Segment & Geographic Overview

16.7.5 Key Market Developments

16.7.6 Key Strategies    

 

16.8 SAP

16.8.1 Overview

16.8.2 Offerings

16.8.3 Key Financials

16.8.4 Business Segment & Geographic Overview

16.8.5 Key Market Developments

16.8.6 Key Strategies    

 

16.9 KORE.AI

16.9.1 Overview

16.9.2 Offerings

16.9.3 Key Financials

16.9.4 Business Segment & Geographic Overview

16.9.5 Key Market Developments

16.9.6 Key Strategies