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Global Chatbot Market - Strategic Assessment and Forecast 2017-2022NEW YORK, June 20, 2017 /PRNewswire/ -- Chatbot Market – Report Insights In the end-user segment, the news and media contributes the maximum market revenue to the global market. The adoption of chatbots for this end-user segment is majorly driven by the marginal utility of the customer for live newsfeeds. Chatbot Market – Trends, Drivers, and Restraints The report includes a detailed study of emerging trends, factors driving the growth, and expected challenges of the market during the period 2017–2022. The open-source ecosystem driving innovation and adoption and active support from Facebook, Microsoft and Google to drive down development costs are among the latest trends which are likely to drive the market in the next five years. In addition, there is a major shift from rule-based to AI-based implementation, which will drive the market. Similarly, progressive growth in natural language processing, increased prominence of messaging applications, and the need for optimization of customer management costs are among the driving factors that are likey to catalyze the market. Chatbot Market – Geographical Analysis The report includes the market analysis of different regions such as North America, Latin America, APAC, MEA, and Europe. It outlines major market shareholders and the market size analysis of all regions. North America, particularly the US undoubtedly remains to be the most advanced market for the development and hosting of a diverse range of chatbots. APAC, on the other hand, hosts key markets of China and India that collectively host one-third of the world's population and one-fourth of the world's internet user base and are key sources of internet traffic. Also, APAC remains as the largest market during the forecast period. As the chatbot markets in US and Europe are mature, in emerging economies there is little presence of paid offerings. Chatbot Market –Key Vendors and Market Share The report profiles major companies in the global market and provides the competitive landscape and market share of the leading players. It covers the entire market outlook regarding the value chain operating in the market. Anboto Group Creative Virtual eGain Corp. Inbenta Nuance Communications Inc. Other prominent vendors included in the report are Haptik Inc., Viclone, Astute Solutions, Kasisto Inc., True Image Interactive, CX Company, Next IT Corp., H-Care, Synthetix Ltd., and Helpshift. Why Should You Buy The Report? The report provides answers to the following questions related to the global Chatbot market. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years? What are the various factors that can affect the market over the next few years? What are the major emerging trends and challenges for the market over the next five years? What is the market size and market forecast for each product segment and end-user type? Which region is expected to witness the highest market share and what are the factors driving the growth in that region? What is the sale growth rate in key geographies? Which are the major countries in terms of market size and market forecast? Which are the key vendors in the market? What are the main strategies implemented by the leading vendors to increase growth opportunities? Which are the key emerging vendors in the market? Read the full report: http://www.reportlinker.com/p04951685/Global-Chatbot-Market-Strategic-Assessment-and-Forecast.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-chatbot-market---strategic-assessment-and-forecast-2017-2022-300476998.html SOURCE Reportlinker |