[August 14, 2018]

Global Bot Services Market Growth, Trends and Forecast (2018-2023) - ResearchAndMarkets.com

The "Global Bot Services Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Bot Services Market is expected to witness a CAGR of 27.1%, over the forecast period (2018-2023).

Increasing Application Fatigue

Application fatigue is the phase through which a customer goes through when he or she is tired of downloading new applications and learning about them. This is also because the businesses have realised that very few people who download the application actually utilize it and hence they have restricted the heavy spending on mobile applications maintenance, development, and marketing.

Even though the number of applications released till date goes in millions, more 50,000 applications were released in 2016 per month for iOS alone. This has opened a new window of opportunity for messenger application owners to use extend their services as the usage of existing applications hs become more redundant and given way for integration of bots in these messaging applications.

Notable Developments in the Market

• May 2018: Astute Solutions acquired Wilke Global, a technology company which specializes in consumer relations software. The acquisition will strengthen the acquiring entities on agent and self-service tools which are backed by AI.
• May 2018: Nuance Communications (News - Alert), Inc. collaborated with Daimler AG to power Mercedes Benz User Experience multimedia system through its conversational AI platform.
• March 2018: Acuvate launched Buddy 365 for which is an AI based bot to equip the organizations to roll out and drive adoption of Office 365, and show measurable results

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Bot Services Market Insights

5. Bot Services Market Dynamics

6. Global Bot Services Market Segmentation

7. Competitive Intelligence - Company Profiles

• Oracle Corporation
• Facebook Inc.
• Google (News - Alert) LLC
• Amazon Web Services Inc.
• Microsoft Corporation
• IBM Corporation
• Astute Solutions
• Nuance Communications Inc.
• CogniCor Technologies
• Creative Virtual Ltd.
• Acuvate
• Kore.ai Inc.

8. Investment Analysis

9. Future of Global Bot Services Market

For more information about this report visit https://www.researchandmarkets.com/research/pqjfsb/global_bot?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180814005549/en/

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