Technology & Media
Chatbots
Chatbots
Chatbots
Global Chatbots Market to Reach $4.8 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Chatbots estimated at US$996.6 Million in the year 2022, is projected to reach a revised size of US$4.8 Billion by 2030, growing at aCAGR of 21.8% over the period 2022-2030. Standalone, one of the segments analyzed in the report, is projected to record 22% CAGR and reach US$2.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Web-Based segment is readjusted to a revised 23.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $310.5 Million, While China is Forecast to Grow at 21.2% CAGR
The Chatbots market in the U.S. is estimated at US$310.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$826.7 Million by the year 2030 trailing a CAGR of 21.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.1% and 18.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15% CAGR.Select Competitors (Total 472 Featured) - Amazon Web Services, Inc.Artificial Solutions Iberia, S. L.Botsify ChatfuelCreative Virtual Pvt. Ltd.DialogfloweGain CorporationIBM CorporationLiveChat, Inc.LivePerson, Inc.LogMeIn Inc. - Bold360MEOKAYMobileMonkey Inc.Next IT Corp.Nuance Communications, Inc.PullString Inc.Smooch Technologies Inc.Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
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