AI Chatbots Market

AI Chatbots Market - Global Industry Size & Growth Analysis 2019-2031

Global AI Chatbots is segmented by Application (Customer Service, Marketing, Retail, HR, E-commerce), Type (Rule-based, AI-powered, NLP, Machine learning, Voice) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

Pricing
5800
3600
1800

INDUSTRY OVERVIEW

The AI Chatbots market is experiencing robust growth, projected to achieve a compound annual growth rate CAGR of 28% during the forecast period. Valued at 5Billion, the market is expected to reach 12Billion by 2031, with a year-on-year growth rate of 25%. This upward trajectory is driven by factors such as evolving consumer preferences, technological advancements, and increased investment in innovation, positioning the market for significant expansion in the coming years. Companies should strategically focus on enhancing their offerings and exploring new market opportunities to capitalize on this growth potential.

AI Chatbots Market Size in (USD Billion) CAGR Growth Rate 28%

Study Period 2019-2031
Market Size (2023): 5Billion
Market Size (2031): 12Billion
CAGR (2023 - 2031): 28%
Fastest Growing Region Asia Pacific
Dominating Region North America
www.www.htfmarketinsights.com

An AI chatbot is a piece of software that can mimic a user discussion in natural language via messaging apps. It improves customer response rates by making your website open 24 hours a day, seven days a week. AI Chatbot saves you time and money while also improving client satisfaction. Chatbots utilize machine learning and natural language processing (NLP) to provide a conversational experience that is nearly human-like. It provides communication between a human and a machine, which can take the form of messages or voice commands. A chatbot is designed to function without the assistance of a human operator. It can react to queries posed to it in normal language as if it were a real person.


Regulatory Framework

The Information and Communications Technology (ICT) industry is primarily regulated by the Federal Communications Commission (FCC) in the United States, along with other national and international regulatory bodies. The FCC oversees the allocation of spectrum, ensures compliance with telecommunications laws, and fosters fair competition within the sector. It also establishes guidelines for data privacy, cybersecurity, and service accessibility, which are crucial for maintaining industry standards and protecting consumer interests.

Globally, various regulatory agencies, such as the European Telecommunications Standards Institute (ETSI) and the International Telecommunication Union (ITU), play significant roles in standardizing practices and facilitating international cooperation. These bodies work together to create a cohesive regulatory framework that addresses emerging technologies, cross-border data flow, and infrastructure development. Their regulations aim to ensure the ICT industry's growth is both innovative and compliant with global standards, promoting a secure and competitive market environment.
Request for Customization
Get Customization

Key Highlights

•    The AI Chatbots is growing at a CAGR of 28% during the forecasted period of 2019 to 2031
•    Year on Year growth for the market is 25%
•    Based on type, the market is bifurcated into Rule-based, AI-powered, NLP, Machine learning
•    Based on application, the market is segmented into Customer Service, Marketing, Retail, HR, E-commerce
•    Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Analysis

Segmentation by Type


  • Rule-based
  • AI-powered
  • NLP
  • Machine learning

AI Chatbots Market Segmentation by Type

www.htfmarketinsights.com

Segmentation by Application
 

  • Customer Service
  • Marketing
  • Retail
  • HR
  • E-commerce

AI Chatbots Market Segmentation by Application

www.htfmarketinsights.com

Key Players

Several key players in the AI Chatbots market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 25%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • IBM Corporation (United States)
  • Intercom (United States)
  • Salesforce (United States)
  • Acuvate (United Kingdom)
  • LivePerson (United States)
  • Imperson (United States)
  • Aivo (Finland)
  • Creative Virtual Ltd. (United Kingdom)
  • Vergic (Sweden)
  • Amplify (United States)

AI Chatbots Market Segmentation by Players

www.htfmarketinsights.com

Research Methodology

At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.

Market Dynamics


Market dynamics refer to the forces that influence the supply and demand of products and services within a market. These forces include factors such as consumer preferences, technological advancements, regulatory changes, economic conditions, and competitive actions. Understanding market dynamics is crucial for businesses as it helps them anticipate changes, identify opportunities, and mitigate risks.
By analyzing market dynamics, companies can better understand market trends, predict potential shifts, and develop strategic responses. This analysis enables businesses to align their product offerings, pricing strategies, and marketing efforts with evolving market conditions, ultimately leading to more informed decision-making and a stronger competitive position in the marketplace.

Market Driver

  • Growing Prevalence Of Voice-Based Software
  • Increase Usage Of Messaging Application Such As Facebook Messenger And WhatsApp


Market Trend

  • Artificial intelligence
Opportunity

  • AI Chatbots Are Cost-Effective Than Hiring An Employee
  • Rising Demand From E-Commerce
  • Banking And Retail Sector


Challenge

  • Consumer Trust


Regional Outlook

The North America Region holds the largest market share in 2023 and is expected to grow at a good CAGR. The Asia Pacific Region is the fastest-growing region due to increasing development and disposable income.


North America remains a leader, driven by innovation hubs like Silicon Valley and a strong demand for advanced technologies such as AI and cloud computing. Europe is characterized by robust regulatory frameworks and significant investments in digital transformation across sectors. Asia-Pacific is experiencing rapid growth, led by major markets like China and India, where increasing digital adoption and governmental initiatives are propelling ICT advancements.


The Middle East and Africa are witnessing steady expansion, driven by infrastructure development and growing internet penetration. Latin America and South America present emerging opportunities, with rising investments in digital infrastructure, though challenges like economic instability can impact growth. These regional differences highlight the need for tailored strategies in the global ICT market.
 

Regions
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA
Fastest Growing Region
Asia Pacific
AI Chatbots Market to see Asia Pacific as Biggest Region
Dominating Region
North America
AI Chatbots Market to see North America as Biggest Region

 

Report Features

Details

Base Year

2023

Based Year Market Size (2023)

5Billion

Historical Period Market Size (2019)

2Billion

CAGR (2023 to 2031)

28%

Forecast Period

2025 to 2031

Forecasted Period Market Size (2031)

12Billion 

Scope of the Report

Rule-based, AI-powered, NLP, Machine learning, Customer Service, Marketing, Retail, HR, E-commerce

Regions Covered

North America, Europe, Asia Pacific, South America, and MEA

Year on Year Growth

25%

Companies Covered

IBM Corporation (United States), Intercom (United States) , Salesforce (United States), Acuvate (United Kingdom), LivePerson (United States), Imperson (United States), Aivo (Finland), Creative Virtual Ltd. (United Kingdom), Vergic (Sweden) , Amplify (United States)

Customization Scope

15% Free Customization (For EG)

Delivery Format

PDF and Excel through Email

 

 

AI Chatbots - Table of Contents

Chapter 1: Market Preface
  • 1.1 Global AI Chatbots Market Landscape
  • 1.2 Scope of the Study
  • 1.3 Relevant Findings & Stakeholder Advantages

Chapter 2: Strategic Overview
  • 2.1 Global AI Chatbots Market Outlook
  • 2.2 Total Addressable Market versus Serviceable Market
  • 2.3 Market Rivalry Projection

Chapter 3 : Global AI Chatbots Market Business Environment & Changing Dynamics
  • 3.1 Growth Drivers
    • 3.1.1 Growing Prevalence of Voice-Based Software
    • 3.1.2 Increase Usage of Messaging Application Such as Facebook Messenger and WhatsApp
  • 3.2 Available Opportunities
    • 3.2.1 AI Chatbots are Cost-Effective than Hiring
  • 3.3 Influencing Trends
    • 3.3.1 Artificial intelligence
    • 3.3.2 customer service
  • 3.4 Challenges
    • 3.4.1 Consumer trust
    • 3.4.2 integration with systems
  • 3.5 Regional Dynamics

Need only Qualitative Analysis? Get Prices
Sectional Purchase
Chapter 4 : Global AI Chatbots Industry Factors Assessment
  • 4.1 Current Scenario
  • 4.2 PEST Analysis
  • 4.3 Business Environment - PORTER 5-Forces Analysis
    • 4.3.1 Supplier Leverage
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of Substitutes
    • 4.3.4 Threat from New Entrant
    • 4.3.5 Market Competition Level
  • 4.4 Roadmap of AI Chatbots Market
  • 4.5 Impact of Macro-Economic Factors
  • 4.6 Market Entry Strategies
  • 4.7 Political and Regulatory Landscape
  • 4.8 Supply Chain Analysis
  • 4.9 Impact of Tariff War


Chapter 5: AI Chatbots : Competition Benchmarking & Performance Evaluation
  • 5.1 Global AI Chatbots Market Concentration Ratio
    • 5.1.1 CR4, CR8 and HH Index
    • 5.1.2 % Market Share - Top 3
    • 5.1.3 Market Holding by Top 5
  • 5.2 Market Position of Manufacturers by AI Chatbots Revenue 2023
  • 5.3 BCG Matrix
  • 5.3 Market Entropy
  • 5.4 Strategic Group Analysis
  • 5.5 5C’s Analysis
Chapter 6: Global AI Chatbots Market: Company Profiles
  • 6.1 IBM Corporation (United States)
    • 6.1.1 IBM Corporation (United States) Company Overview
    • 6.1.2 IBM Corporation (United States) Product/Service Portfolio & Specifications
    • 6.1.3 IBM Corporation (United States) Key Financial Metrics
    • 6.1.4 IBM Corporation (United States) SWOT Analysis
    • 6.1.5 IBM Corporation (United States) Development Activities
  • 6.2 Intercom (United States)
  • 6.3 Salesforce (United States)
  • 6.4 Acuvate (United Kingdom)
  • 6.5 LivePerson (United States)
  • 6.6 Imperson (United States)
  • 6.7 Aivo (Finland)
  • 6.8 Creative Virtual Ltd. (United Kingdom)
  • 6.9 Vergic (Sweden)
  • 6.10 Amplify (United States)
  • 6.11

To View a Complete List of Players? Inquiry Now
Sectional Purchase

Chapter 7 : Global AI Chatbots by Type & Application (2019-2031)
  • 7.1 Global AI Chatbots Market Revenue Analysis (USD Million) by Type (2019-2023)
    • 7.1.1 Rule-based
    • 7.1.2 AI-powered
    • 7.1.3 NLP
    • 7.1.4 Machine Learning
    • 7.1.5 Voice
  • 7.2 Global AI Chatbots Market Revenue Analysis (USD Million) by Application (2019-2023)
    • 7.2.1 Customer Service
    • 7.2.2 Marketing
    • 7.2.3 Retail
    • 7.2.4 HR
    • 7.2.5 E-commerce
  • 7.3 Global AI Chatbots Market Revenue Analysis (USD Million) by Type (2023-2031)
  • 7.4 Global AI Chatbots Market Revenue Analysis (USD Million) by Application (2023-2031)

Chapter 8 : North America AI Chatbots Market Breakdown by Country, Type & Application
  • 8.1 North America AI Chatbots Market by Country (USD Million) [2019-2023]
    • 8.1.1 United States
    • 8.1.2 Canada
  • 8.2 North America AI Chatbots Market by Type (USD Million) [2019-2023]
    • 8.2.1 Rule-based
    • 8.2.2 AI-powered
    • 8.2.3 NLP
    • 8.2.4 Machine Learning
    • 8.2.5 Voice
  • 8.3 North America AI Chatbots Market by Application (USD Million) [2019-2023]
    • 8.3.1 Customer Service
    • 8.3.2 Marketing
    • 8.3.3 Retail
    • 8.3.4 HR
    • 8.3.5 E-commerce
  • 8.4 North America AI Chatbots Market by Country (USD Million) [2024-2031]
  • 8.5 North America AI Chatbots Market by Type (USD Million) [2024-2031]
  • 8.6 North America AI Chatbots Market by Application (USD Million) [2024-2031]
Looking for Section Purchase? Get Quote Now
Sectional Purchase

Chapter 9 : LATAM AI Chatbots Market Breakdown by Country, Type & Application
  • 9.1 LATAM AI Chatbots Market by Country (USD Million) [2019-2023]
    • 9.1.1 Brazil
    • 9.1.2 Argentina
    • 9.1.3 Chile
    • 9.1.4 Mexico
    • 9.1.5 Rest of LATAM
  • 9.2 LATAM AI Chatbots Market by Type (USD Million) [2019-2023]
    • 9.2.1 Rule-based
    • 9.2.2 AI-powered
    • 9.2.3 NLP
    • 9.2.4 Machine Learning
    • 9.2.5 Voice
  • 9.3 LATAM AI Chatbots Market by Application (USD Million) [2019-2023]
    • 9.3.1 Customer Service
    • 9.3.2 Marketing
    • 9.3.3 Retail
    • 9.3.4 HR
    • 9.3.5 E-commerce
  • 9.4 LATAM AI Chatbots Market by Country (USD Million) [2024-2031]
  • 9.5 LATAM AI Chatbots Market by Type (USD Million) [2024-2031]
  • 9.6 LATAM AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 10 : West Europe AI Chatbots Market Breakdown by Country, Type & Application
  • 10.1 West Europe AI Chatbots Market by Country (USD Million) [2019-2023]
    • 10.1.1 Germany
    • 10.1.2 France
    • 10.1.3 Benelux
    • 10.1.4 Switzerland
    • 10.1.5 Rest of West Europe
  • 10.2 West Europe AI Chatbots Market by Type (USD Million) [2019-2023]
    • 10.2.1 Rule-based
    • 10.2.2 AI-powered
    • 10.2.3 NLP
    • 10.2.4 Machine Learning
    • 10.2.5 Voice
  • 10.3 West Europe AI Chatbots Market by Application (USD Million) [2019-2023]
    • 10.3.1 Customer Service
    • 10.3.2 Marketing
    • 10.3.3 Retail
    • 10.3.4 HR
    • 10.3.5 E-commerce
  • 10.4 West Europe AI Chatbots Market by Country (USD Million) [2024-2031]
  • 10.5 West Europe AI Chatbots Market by Type (USD Million) [2024-2031]
  • 10.6 West Europe AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 11 : Central & Eastern Europe AI Chatbots Market Breakdown by Country, Type & Application
  • 11.1 Central & Eastern Europe AI Chatbots Market by Country (USD Million) [2019-2023]
    • 11.1.1 Bulgaria
    • 11.1.2 Poland
    • 11.1.3 Hungary
    • 11.1.4 Romania
    • 11.1.5 Rest of CEE
  • 11.2 Central & Eastern Europe AI Chatbots Market by Type (USD Million) [2019-2023]
    • 11.2.1 Rule-based
    • 11.2.2 AI-powered
    • 11.2.3 NLP
    • 11.2.4 Machine Learning
    • 11.2.5 Voice
  • 11.3 Central & Eastern Europe AI Chatbots Market by Application (USD Million) [2019-2023]
    • 11.3.1 Customer Service
    • 11.3.2 Marketing
    • 11.3.3 Retail
    • 11.3.4 HR
    • 11.3.5 E-commerce
  • 11.4 Central & Eastern Europe AI Chatbots Market by Country (USD Million) [2024-2031]
  • 11.5 Central & Eastern Europe AI Chatbots Market by Type (USD Million) [2024-2031]
  • 11.6 Central & Eastern Europe AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 12 : Northern Europe AI Chatbots Market Breakdown by Country, Type & Application
  • 12.1 Northern Europe AI Chatbots Market by Country (USD Million) [2019-2023]
    • 12.1.1 The United Kingdom
    • 12.1.2 Sweden
    • 12.1.3 Norway
    • 12.1.4 Baltics
    • 12.1.5 Ireland
    • 12.1.6 Rest of Northern Europe
  • 12.2 Northern Europe AI Chatbots Market by Type (USD Million) [2019-2023]
    • 12.2.1 Rule-based
    • 12.2.2 AI-powered
    • 12.2.3 NLP
    • 12.2.4 Machine Learning
    • 12.2.5 Voice
  • 12.3 Northern Europe AI Chatbots Market by Application (USD Million) [2019-2023]
    • 12.3.1 Customer Service
    • 12.3.2 Marketing
    • 12.3.3 Retail
    • 12.3.4 HR
    • 12.3.5 E-commerce
  • 12.4 Northern Europe AI Chatbots Market by Country (USD Million) [2024-2031]
  • 12.5 Northern Europe AI Chatbots Market by Type (USD Million) [2024-2031]
  • 12.6 Northern Europe AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 13 : Southern Europe AI Chatbots Market Breakdown by Country, Type & Application
  • 13.1 Southern Europe AI Chatbots Market by Country (USD Million) [2019-2023]
    • 13.1.1 Spain
    • 13.1.2 Italy
    • 13.1.3 Portugal
    • 13.1.4 Greece
    • 13.1.5 Rest of Southern Europe
  • 13.2 Southern Europe AI Chatbots Market by Type (USD Million) [2019-2023]
    • 13.2.1 Rule-based
    • 13.2.2 AI-powered
    • 13.2.3 NLP
    • 13.2.4 Machine Learning
    • 13.2.5 Voice
  • 13.3 Southern Europe AI Chatbots Market by Application (USD Million) [2019-2023]
    • 13.3.1 Customer Service
    • 13.3.2 Marketing
    • 13.3.3 Retail
    • 13.3.4 HR
    • 13.3.5 E-commerce
  • 13.4 Southern Europe AI Chatbots Market by Country (USD Million) [2024-2031]
  • 13.5 Southern Europe AI Chatbots Market by Type (USD Million) [2024-2031]
  • 13.6 Southern Europe AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 14 : East Asia AI Chatbots Market Breakdown by Country, Type & Application
  • 14.1 East Asia AI Chatbots Market by Country (USD Million) [2019-2023]
    • 14.1.1 China
    • 14.1.2 Japan
    • 14.1.3 South Korea
    • 14.1.4 Taiwan
    • 14.1.5 Others
  • 14.2 East Asia AI Chatbots Market by Type (USD Million) [2019-2023]
    • 14.2.1 Rule-based
    • 14.2.2 AI-powered
    • 14.2.3 NLP
    • 14.2.4 Machine Learning
    • 14.2.5 Voice
  • 14.3 East Asia AI Chatbots Market by Application (USD Million) [2019-2023]
    • 14.3.1 Customer Service
    • 14.3.2 Marketing
    • 14.3.3 Retail
    • 14.3.4 HR
    • 14.3.5 E-commerce
  • 14.4 East Asia AI Chatbots Market by Country (USD Million) [2024-2031]
  • 14.5 East Asia AI Chatbots Market by Type (USD Million) [2024-2031]
  • 14.6 East Asia AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 15 : Southeast Asia AI Chatbots Market Breakdown by Country, Type & Application
  • 15.1 Southeast Asia AI Chatbots Market by Country (USD Million) [2019-2023]
    • 15.1.1 Vietnam
    • 15.1.2 Singapore
    • 15.1.3 Thailand
    • 15.1.4 Malaysia
    • 15.1.5 Indonesia
    • 15.1.6 Philippines
    • 15.1.7 Rest of SEA Countries
  • 15.2 Southeast Asia AI Chatbots Market by Type (USD Million) [2019-2023]
    • 15.2.1 Rule-based
    • 15.2.2 AI-powered
    • 15.2.3 NLP
    • 15.2.4 Machine Learning
    • 15.2.5 Voice
  • 15.3 Southeast Asia AI Chatbots Market by Application (USD Million) [2019-2023]
    • 15.3.1 Customer Service
    • 15.3.2 Marketing
    • 15.3.3 Retail
    • 15.3.4 HR
    • 15.3.5 E-commerce
  • 15.4 Southeast Asia AI Chatbots Market by Country (USD Million) [2024-2031]
  • 15.5 Southeast Asia AI Chatbots Market by Type (USD Million) [2024-2031]
  • 15.6 Southeast Asia AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 16 : South Asia AI Chatbots Market Breakdown by Country, Type & Application
  • 16.1 South Asia AI Chatbots Market by Country (USD Million) [2019-2023]
    • 16.1.1 India
    • 16.1.2 Bangladesh
    • 16.1.3 Others
  • 16.2 South Asia AI Chatbots Market by Type (USD Million) [2019-2023]
    • 16.2.1 Rule-based
    • 16.2.2 AI-powered
    • 16.2.3 NLP
    • 16.2.4 Machine Learning
    • 16.2.5 Voice
  • 16.3 South Asia AI Chatbots Market by Application (USD Million) [2019-2023]
    • 16.3.1 Customer Service
    • 16.3.2 Marketing
    • 16.3.3 Retail
    • 16.3.4 HR
    • 16.3.5 E-commerce
  • 16.4 South Asia AI Chatbots Market by Country (USD Million) [2024-2031]
  • 16.5 South Asia AI Chatbots Market by Type (USD Million) [2024-2031]
  • 16.6 South Asia AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 17 : Central Asia AI Chatbots Market Breakdown by Country, Type & Application
  • 17.1 Central Asia AI Chatbots Market by Country (USD Million) [2019-2023]
    • 17.1.1 Kazakhstan
    • 17.1.2 Tajikistan
    • 17.1.3 Others
  • 17.2 Central Asia AI Chatbots Market by Type (USD Million) [2019-2023]
    • 17.2.1 Rule-based
    • 17.2.2 AI-powered
    • 17.2.3 NLP
    • 17.2.4 Machine Learning
    • 17.2.5 Voice
  • 17.3 Central Asia AI Chatbots Market by Application (USD Million) [2019-2023]
    • 17.3.1 Customer Service
    • 17.3.2 Marketing
    • 17.3.3 Retail
    • 17.3.4 HR
    • 17.3.5 E-commerce
  • 17.4 Central Asia AI Chatbots Market by Country (USD Million) [2024-2031]
  • 17.5 Central Asia AI Chatbots Market by Type (USD Million) [2024-2031]
  • 17.6 Central Asia AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 18 : Oceania AI Chatbots Market Breakdown by Country, Type & Application
  • 18.1 Oceania AI Chatbots Market by Country (USD Million) [2019-2023]
    • 18.1.1 Australia
    • 18.1.2 New Zealand
    • 18.1.3 Others
  • 18.2 Oceania AI Chatbots Market by Type (USD Million) [2019-2023]
    • 18.2.1 Rule-based
    • 18.2.2 AI-powered
    • 18.2.3 NLP
    • 18.2.4 Machine Learning
    • 18.2.5 Voice
  • 18.3 Oceania AI Chatbots Market by Application (USD Million) [2019-2023]
    • 18.3.1 Customer Service
    • 18.3.2 Marketing
    • 18.3.3 Retail
    • 18.3.4 HR
    • 18.3.5 E-commerce
  • 18.4 Oceania AI Chatbots Market by Country (USD Million) [2024-2031]
  • 18.5 Oceania AI Chatbots Market by Type (USD Million) [2024-2031]
  • 18.6 Oceania AI Chatbots Market by Application (USD Million) [2024-2031]
Chapter 19 : MEA AI Chatbots Market Breakdown by Country, Type & Application
  • 19.1 MEA AI Chatbots Market by Country (USD Million) [2019-2023]
    • 19.1.1 Turkey
    • 19.1.2 South Africa
    • 19.1.3 Egypt
    • 19.1.4 UAE
    • 19.1.5 Saudi Arabia
    • 19.1.6 Israel
    • 19.1.7 Rest of MEA
  • 19.2 MEA AI Chatbots Market by Type (USD Million) [2019-2023]
    • 19.2.1 Rule-based
    • 19.2.2 AI-powered
    • 19.2.3 NLP
    • 19.2.4 Machine Learning
    • 19.2.5 Voice
  • 19.3 MEA AI Chatbots Market by Application (USD Million) [2019-2023]
    • 19.3.1 Customer Service
    • 19.3.2 Marketing
    • 19.3.3 Retail
    • 19.3.4 HR
    • 19.3.5 E-commerce
  • 19.4 MEA AI Chatbots Market by Country (USD Million) [2024-2031]
  • 19.5 MEA AI Chatbots Market by Type (USD Million) [2024-2031]
  • 19.6 MEA AI Chatbots Market by Application (USD Million) [2024-2031]

Chapter 20: Research Findings & Conclusion
  • 20.1 Key Findings
  • 20.2 Conclusion

Chapter 21: Methodology and Data Source
  • 21.1 Research Methodology & Approach
    • 21.1.1 Research Program/Design
    • 21.1.2 Market Size Estimation
    • 21.1.3 Market Breakdown and Data Triangulation
  • 21.2 Data Source
    • 21.2.1 Secondary Sources
    • 21.2.2 Primary Sources

Chapter 22: Appendix & Disclaimer
  • 22.1 Acronyms & bibliography
  • 22.2 Disclaimer

Frequently Asked Questions (FAQ):

The Global AI Chatbots market size surpassed 5Billion in 2023 and will expand at a CAGR of 28% between 2023 and 2031.

The AI Chatbots Market is estimated to grow at a CAGR of 28%, currently pegged at 5Billion.

Artificial Intelligence, Customer Service are seen to make big Impact on AI Chatbots Market Growth.

  • Growing Prevalence Of Voice-Based Software
  • Increase Usage Of Messaging Application Such As Facebook Messenger And WhatsApp

Some of the major challanges seen in Global AI Chatbots Market are Consumer Trust, Integration With Systems.

The market opportunity is clear from the flow of investment into Global AI Chatbots Market, some of them are AI Chatbots Are Cost-Effective Than Hiring An Employee,, Rising Demand From E-Commerce, Banking And Retail Sector,, .

New entrants, including competitors from unrelated industries along with players such as IBM Corporation (United States), Intercom (United States) , Salesforce (United States), Acuvate (United Kingdom), LivePerson (United States), Imperson (United States), Aivo (Finland), Creative Virtual Ltd. (United Kingdom), Vergic (Sweden) , Amplify (United States), Instituting a robust process in Global AI Chatbots Market.

Research paper of Global AI Chatbots Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Customer Service, Marketing, Retail, HR, E-commerce.

The Global AI Chatbots Market Study is segmented by Rule-based, AI-powered, NLP, Machine learning, Voice.

The Global AI Chatbots Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA

Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2031 [** unless otherwise stated]

An AI chatbot is a piece of software that can mimic a user discussion in natural language via messaging apps. It improves customer response rates by making your website open 24 hours a day, seven days a week. AI Chatbot saves you time and money while also improving client satisfaction. Chatbots utilize machine learning and natural language processing (NLP) to provide a conversational experience that is nearly human-like. It provides communication between a human and a machine, which can take the form of messages or voice commands. A chatbot is designed to function without the assistance of a human operator. It can react to queries posed to it in normal language as if it were a real person.
-->