The global conversational AI market was valued at US$700-750 million at the end of 2020, exhibiting a strong growth rate of 28-33% in 2019-20. Conversational AI is one of the key enablers of front-office automation. Businesses globally are realizing the importance of conversational AI solutions to serve customers across channels, meet enterprise expectations, especially during peak demand, and support internal processes such as HR support, IT helpdesk, sales, F&A, and marketing.
Increasing sophistication of technology, along with successful pilots, are driving the popularity of these solutions. As the impact of conversational AI platforms increases, it becomes crucial for enterprises to select solutions that do not only meet their present objectives, but also accommodate future demands.
Scope
All industries and geographies
Contents
In this report, we study:
The conversational AI journey and ecosystem in contact centers
Benefits of adopting conversational AI, different adoption paths, and key differentiating features
Conversational AI is a network of advanced technologies and solutions that communicate with each other to share information across systems in a contact center environment. It is a key enabler of front- and back-office automation. Businesses worldwide…
