Chatbot Market – Opportunities & Forecast, 2020-2027 - Gurgaon

The chatbot market report, published by GMI Research, provides extensive insight and analysis of the chatbot market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the chatbot market. The research report also studies the competitive environment of the chatbot market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the Chatbot Market

The notable players in the chatbot market include Google LLC, Amazon Web Services, Inc., Next IT Corp., Microsoft Corporation, Nuance Communication, Inc., IBM Corporation, Chatfuel, eGain Corporation, Creative virtual Ltd., and Artificial Solution International AB., among others.

Key Drivers in the Chatbot Market

The key drivers that are boosting the chatbot market growth include the continuous technological advancement in AI, natural language process, machine learning, followed by the reducing development cost of the chatbot. In addition to this, the growing penetration of websites, smartphone users, and the increasing requirement to understand customer behavior will further surge the growth of the chatbot market size over the coming years. The increasing adoption of cloud-based technology such as IoT is expected to accelerate the demand of the chatbot market.