[322 Pages Report] The Chatbot Market size to grow from USD 2.9 billion in 2020 to USD 10.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period. The factors contributing to the growth of the chatbot market includes growth in need for 24/7 customer support at a lower operational cost, increase in focus on customer engagement through various channels and advancements in technology coupled with rising customer demand for self-service operations, thus offering a competitive advantage to businesses.
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