The major drivers for upsurge in demand for chatbot software and services include increasing penetration of websites and mobile applications, proliferating demand of intelligent customer engagement, strong need to understand consumer behavior, and adoption of cloud-based technology

Pune, India -- (SBWire) -- 04/27/2018 --The Global Chatbot Market to Grow steadily at a CAGR of +27% during the forecast period.

Vast developments in the field of artificial intelligence in the past few years have significantly benefitted the level of maturity that chatbots have witnessed from being simple answer machines with scripted responses to the present day chatbots that are smart enough to effectively engage potential consumers. Businesses are also increasingly using chatbots in highly interesting ways demonstrating the larger spectrum of capacities and capabilities of chatbots.

This market report is a thorough analysis of the existing situation and the anticipated condition for Chatbot market. Investigation for gathering the content for this report is done in depth and meticulously. Present scenarios, past progress, global recognition and future prospects of market is offered in this report. Main strategies, market shares, products of the companies and investments in Chatbot market is also mentioned in detail.

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Top Key Vendors in Market: Helpshift, Imperson Ltd., Astute Solutions, Facebook Inc., Haptik Inc., Pandorabots Inc., Google Inc., Kiwi Inc, Microsoft Corporation, Kasisto Inc., ToyTalk (PullString Inc.), Yahoo Inc, and Slack Technologies Inc.

Some of the major factors that are driving the growth of the chatbots market include the proliferating demand of intelligent customer engagement, increasing penetration of websites & mobile applications, and surge in demand of automated patient management tools in healthcare industry. Furthermore, due to the rise in the demand for integrated and next generation technology, evolution of cloud-based solutions, and increasing wave of mobile applications, there are huge growth opportunities expected for the chatbots market in the next seven years.

Dominating trends in Chatbot market have been underlined in this report. Valuation of various aspects that are expected to impact the growth of this market in a constructive or destructive way is studied. Systematic examination of Chatbot market segments and conjecture period is elaborated to help give a detailed idea. Each year within the mentioned forecast period I concisely considered in terms of produce and regional as well as global market presence.

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A competitive study of the global market for Chatbot has also been delivered in this intelligence study, in which the profiles of the prominent market players have been revised exhaustively to determine the market's hierarchy. As per the research study, the market is highly fragmented and competitive due to the presence of a number of contestants.

In the last sections of the report, the manufacturers responsible for increasing the sales in the Chatbot Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.

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Table of Content:

Global Chatbot Market Research Report 2018

Chapter 1 Chatbot Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix