Conversational AI market Comprehensive Research Reports, Industry Size
The global Conversational AI Market size is anticipated to grow at a CAGR of 24.9% during the forecast period, from USD 13.2 billion in 2024 to USD 49.9 billion by 2030, according to a new report by MarketsandMarkets?. Due to various business drivers, the conversational AI market is expected to grow significantly during the forecast period. The market is experiencing significant growth due to increasing integration of AI chatbots in messaging services, increasing integration of computer vision and voice recognition technology to facilitate more in-depth and personalized interactions. The emergence of generative AI and exponential growth of focus on customer engagement and retention is also responsible for driving the market?s growth.
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