The global interactive AI market was valued at $38.9 billion in 2019 and is expected to reach $18.2 billion by 2027 and is expected to grow at a CAGR of 21% from 2021 to 2027.
Technological advances and innovations in the field of artificial intelligence are the driving force behind the market growth. In addition, the increasing adaptation of omni-channel deployment methods and low cost of chatbot applications are another factor driving the market growth. In addition, the increasing utilization of AI-based customer service is having a positive impact on the growth of the interactive AI market.
A full report of Conversational Artificial Intelligence (AI) Market available at https://www.orionmarketreports.com/conversational-artificial-intelligence-ai-market/53627/
Major players such as Amazon Web Services, Inc., Microsoft, Oracle, IBM, Google LLC, SAP ERP, Baidu, Inc., Nuance, Artificial Solutions, Haptik and Creative Virtual.
Conversational Artificial Intelligence (AI) Market Segmentations
By Technology
• Machine Learning and Deep Learning
• Automated Speech Recognition
• Natural Language Processing
By Deployment Type
• on-premises
• cloud
By Vertical
• solutions
• services
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
