Conversational AI Research Report 2023 - Global Forecast to 2030: Adoption in Healthcare, CX and Sales & Marketing Sectors Fuels Growth
DUBLIN, Aug. 21, 2023 /PRNewswire/ -- The "Conversational AI Market by Offering, Application, Organization Size, Deployment Mode, Sector (IT & Telecommunications, BFSI, Retail & E-commerce, Healthcare & Life Sciences, Travel & Hospitality, Education, Manufacturing) - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global conversational AI market is projected to reach $43.7 billion by 2030, at a CAGR of 23.9% during the forecast period.
The high potential of AI-enabled voice assistants in the healthcare industry and the increasing proliferation of conversational AI solutions for sales and marketing management are expected to create growth opportunities for the players operating in the conversational AI market. However, data privacy and security concerns are a major challenge for market growth.
Furthermore, AI chatbots with high emotional intelligence & the rise of voice-enabled assistants are the key trends observed in the conversational AI market.
In 2023, North America is expected to account for the largest share of the global conversational AI market. The large share of this market is attributed to the presence of prominent players offering advanced conversational AI solutions & services, the growing demand for AI-powered customer support services, the growing usage of chatbots to provide efficient customer services, the increasing adoption of voice-enabled devices, and increased technological advancement across the region encourage consumers to install conversational AI solutions & services. However, the Asia-Pacific region is projected to register the highest CAGR during the forecast period.
Key questions answered in the report:
Factors Affecting Market Growth
The key players operating in the global conversational AI market are
Scope of the Report
For more information about this report visit https://www.researchandmarkets.com/r/31a8ie
Research and Markets
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1907
View original content:https://www.prnewswire.com/news-releases/conversational-ai-research-report-2023---global-forecast-to-2030-adoption-in-healthcare-cx-and-sales--marketing-sectors-fuels-growth-301905506.html
SOURCE Research and Markets