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Chatbot Market Size Expected to Reach USD 10 08 Billion at CAGR of 30 9%, By 2026 : Reports and Data
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Chatbot Market Size Expected to Reach USD 10 08 Billion at CAGR of 30 9%, By 2026 : Reports and Data
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Chatbot Market Investment Opportunities, Industry Share & Trend Analysis Report to 2026
Characteristics like customer engagement ability, easy user interface, usage of familiar platforms like Facebook chat for customer engagement, excellent human speed of handling customer queries, easy to build are key factors contributing to elevation in the CAGR of Chatbots during forecast period.
emergenApril 18, 2021
According to the current analysis of Reports and Data, the global Chatbot market was valued at USD 1.17 Billion in 2018 and is expected to reach USD 10.08 Billion by year 2026, at a CAGR of 30.9%. In this tech- savvy era of constant connection to social platforms through smart mobile devices, the new generation of customers expects intuitive and seamless customer experience. To satisfy these customer demands and to address the increasing competition in the business space, more brands/ businesses are turning their focus to build chatbots or virtual agents that can manage custom