Sheetal2307 May, 2025Technology
The global conversational AI market is expected to grow at a CAGR of 24.9% during the forecast period, expanding from USD 13.2 billion in 2024 to USD 49.9 billion by 2030. Key drivers of this growth include the rising adoption of AI-powered chatbots in messaging platforms, the emergence of generative AI, and the integration of computer vision and voice recognition technologies to enable more immersive and personalized interactions. Additionally, businesses are increasingly prioritizing customer engagement and retention, further fueling demand for conversational AI solutions.
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