Conversational AI Market, Global Outlook and Forecast 2023-2029

Report ID: MMG206116 | Category: Service & Software | Pages: 69 | Format: PDF | Published Date: September 05,2023

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Report Summary

Conversational Artificial Intelligence or Conversational AI is a set of technologies that enable computers to simulate real conversations.
This report aims to provide a comprehensive presentation of the global market for Conversational AI, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Conversational AI. This report contains market size and forecasts of Conversational AI in global, including the following market information:
Global Conversational AI Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Conversational AI market was valued at US$ 3165.2 million in 2022 and is projected to reach US$ 9144.3 million by 2029, at a CAGR of 16.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
IVA Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Conversational AI include Google, Microsoft, IBM, AWS, Baidu, Oracle, SAP, Nuance and Artificial Solutions, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Conversational AI companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Conversational AI Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Conversational AI Market Segment Percentages, by Type, 2022 (%)
    IVA
    Chatbots
Global Conversational AI Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Conversational AI Market Segment Percentages, by Application, 2022 (%)
    Customer Support
    Personal Assistant
    Customer Engagement
    Retention
Global Conversational AI Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Conversational AI Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Conversational AI revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Conversational AI revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Google
    Microsoft
    IBM
    AWS
    Baidu
    Oracle
    SAP
    Nuance
    Artificial Solutions
    Conversica
    Haptik
Outline of Major Chapters:
Chapter 1: Introduces the definition of Conversational AI, market overview.
Chapter 2: Global Conversational AI market size in revenue.
Chapter 3: Detailed analysis of Conversational AI company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Conversational AI in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Conversational AI Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Conversational AI Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Conversational AI Overall Market Size
    2.1 Global Conversational AI Market Size: 2022 VS 2029
    2.2 Global Conversational AI Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Conversational AI Players in Global Market
    3.2 Top Global Conversational AI Companies Ranked by Revenue
    3.3 Global Conversational AI Revenue by Companies
    3.4 Top 3 and Top 5 Conversational AI Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Conversational AI Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Conversational AI Players in Global Market
        3.6.1 List of Global Tier 1 Conversational AI Companies
        3.6.2 List of Global Tier 2 and Tier 3 Conversational AI Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Conversational AI Market Size Markets, 2022 & 2029
        4.1.2 IVA
        4.1.3 Chatbots
    4.2 By Type - Global Conversational AI Revenue & Forecasts
        4.2.1 By Type - Global Conversational AI Revenue, 2018-2023
        4.2.2 By Type - Global Conversational AI Revenue, 2024-2029
        4.2.3 By Type - Global Conversational AI Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Conversational AI Market Size, 2022 & 2029
        5.1.2 Customer Support
        5.1.3 Personal Assistant
        5.1.4 Customer Engagement
        5.1.5 Retention
    5.2 By Application - Global Conversational AI Revenue & Forecasts
        5.2.1 By Application - Global Conversational AI Revenue, 2018-2023
        5.2.2 By Application - Global Conversational AI Revenue, 2024-2029
        5.2.3 By Application - Global Conversational AI Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Conversational AI Market Size, 2022 & 2029
    6.2 By Region - Global Conversational AI Revenue & Forecasts
        6.2.1 By Region - Global Conversational AI Revenue, 2018-2023
        6.2.2 By Region - Global Conversational AI Revenue, 2024-2029
        6.2.3 By Region - Global Conversational AI Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Conversational AI Revenue, 2018-2029
        6.3.2 US Conversational AI Market Size, 2018-2029
        6.3.3 Canada Conversational AI Market Size, 2018-2029
        6.3.4 Mexico Conversational AI Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Conversational AI Revenue, 2018-2029
        6.4.2 Germany Conversational AI Market Size, 2018-2029
        6.4.3 France Conversational AI Market Size, 2018-2029
        6.4.4 U.K. Conversational AI Market Size, 2018-2029
        6.4.5 Italy Conversational AI Market Size, 2018-2029
        6.4.6 Russia Conversational AI Market Size, 2018-2029
        6.4.7 Nordic Countries Conversational AI Market Size, 2018-2029
        6.4.8 Benelux Conversational AI Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Conversational AI Revenue, 2018-2029
        6.5.2 China Conversational AI Market Size, 2018-2029
        6.5.3 Japan Conversational AI Market Size, 2018-2029
        6.5.4 South Korea Conversational AI Market Size, 2018-2029
        6.5.5 Southeast Asia Conversational AI Market Size, 2018-2029
        6.5.6 India Conversational AI Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Conversational AI Revenue, 2018-2029
        6.6.2 Brazil Conversational AI Market Size, 2018-2029
        6.6.3 Argentina Conversational AI Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Conversational AI Revenue, 2018-2029
        6.7.2 Turkey Conversational AI Market Size, 2018-2029
        6.7.3 Israel Conversational AI Market Size, 2018-2029
        6.7.4 Saudi Arabia Conversational AI Market Size, 2018-2029
        6.7.5 UAE Conversational AI Market Size, 2018-2029
7 Conversational AI Companies Profiles
    7.1 Google
        7.1.1 Google Company Summary
        7.1.2 Google Business Overview
        7.1.3 Google Conversational AI Major Product Offerings
        7.1.4 Google Conversational AI Revenue in Global Market (2018-2023)
        7.1.5 Google Key News & Latest Developments
    7.2 Microsoft
        7.2.1 Microsoft Company Summary
        7.2.2 Microsoft Business Overview
        7.2.3 Microsoft Conversational AI Major Product Offerings
        7.2.4 Microsoft Conversational AI Revenue in Global Market (2018-2023)
        7.2.5 Microsoft Key News & Latest Developments
    7.3 IBM
        7.3.1 IBM Company Summary
        7.3.2 IBM Business Overview
        7.3.3 IBM Conversational AI Major Product Offerings
        7.3.4 IBM Conversational AI Revenue in Global Market (2018-2023)
        7.3.5 IBM Key News & Latest Developments
    7.4 AWS
        7.4.1 AWS Company Summary
        7.4.2 AWS Business Overview
        7.4.3 AWS Conversational AI Major Product Offerings
        7.4.4 AWS Conversational AI Revenue in Global Market (2018-2023)
        7.4.5 AWS Key News & Latest Developments
    7.5 Baidu
        7.5.1 Baidu Company Summary
        7.5.2 Baidu Business Overview
        7.5.3 Baidu Conversational AI Major Product Offerings
        7.5.4 Baidu Conversational AI Revenue in Global Market (2018-2023)
        7.5.5 Baidu Key News & Latest Developments
    7.6 Oracle
        7.6.1 Oracle Company Summary
        7.6.2 Oracle Business Overview
        7.6.3 Oracle Conversational AI Major Product Offerings
        7.6.4 Oracle Conversational AI Revenue in Global Market (2018-2023)
        7.6.5 Oracle Key News & Latest Developments
    7.7 SAP
        7.7.1 SAP Company Summary
        7.7.2 SAP Business Overview
        7.7.3 SAP Conversational AI Major Product Offerings
        7.7.4 SAP Conversational AI Revenue in Global Market (2018-2023)
        7.7.5 SAP Key News & Latest Developments
    7.8 Nuance
        7.8.1 Nuance Company Summary
        7.8.2 Nuance Business Overview
        7.8.3 Nuance Conversational AI Major Product Offerings
        7.8.4 Nuance Conversational AI Revenue in Global Market (2018-2023)
        7.8.5 Nuance Key News & Latest Developments
    7.9 Artificial Solutions
        7.9.1 Artificial Solutions Company Summary
        7.9.2 Artificial Solutions Business Overview
        7.9.3 Artificial Solutions Conversational AI Major Product Offerings
        7.9.4 Artificial Solutions Conversational AI Revenue in Global Market (2018-2023)
        7.9.5 Artificial Solutions Key News & Latest Developments
    7.10 Conversica
        7.10.1 Conversica Company Summary
        7.10.2 Conversica Business Overview
        7.10.3 Conversica Conversational AI Major Product Offerings
        7.10.4 Conversica Conversational AI Revenue in Global Market (2018-2023)
        7.10.5 Conversica Key News & Latest Developments
    7.11 Haptik
        7.11.1 Haptik Company Summary
        7.11.2 Haptik Business Overview
        7.11.3 Haptik Conversational AI Major Product Offerings
        7.11.4 Haptik Conversational AI Revenue in Global Market (2018-2023)
        7.11.5 Haptik Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Conversational AI Market, Global Outlook and Forecast 2023-2029

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