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The Conversational AI Global Market Report 2021-31 by The Business Research Company describes and explains the global conversational AI market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Conversational AI Global Market Report 2022 covers conversational AI market drivers, conversational AI market trends, conversational AI market segments, conversational AI market growth rate, conversational AI market major players, and conversational AI market size.

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https://www.thebusinessresearchcompany.com/report/conversational-ai-global-market-report

The conversational AI market report provides in-depth analysis of the impact of COVID-19 on the global conversational AI industry along with revised market numbers due to the effects of the coronavirus and the expected conversational AI market growth numbers for 2022-2031.

The global conversational AI market is expected to grow from $6.26 billion in 2021 to $7.92 billion in 2022 at a compound annual growth rate (CAGR) of 26.50%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The conversational AI market is expected to grow to $18.29 billion in 2026 at a compound annual growth rate (CAGR) of 23.26%.

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Conversational AI Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the conversational AI market segments-
1) By Type: IVA, Chatbots
2) By Component: Platform, Services
3) By Deployment: Cloud, On-Premises
4) By Technology: Machine Learning, Deep Learning, NLP, Automated Speech Recognition
5) By End User: BFSI, Retail and E-commerce, Healthcare and Life Science, Travel and Hospitality, Telecom, Media and Entertainment, Other End-Users

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