The chatbot market is expected to grow at a CAGR of 29% during the forecast period. This market growth can be attributed to various factors including Advantages of chatbots over other customer support options, Increased demand for web self-service, and Focus on improving CRM.
The chatbot market report offers several other valuable insights such as:
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive chatbot market growth during the next five years
- Precise estimation of the chatbot market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the chatbot market industry across North America, APAC, Europe, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of chatbot market vendors
