Summary:
Conversational AI Platform offers a user-friendly dialog designer to help develop and implement solutions for automating customer service, customer engagement, and human-computer interactions through natural language understanding and speech generation.
Global core conversational AI platform players include IBM, Genesys, LivePerson etc. The top 3 companies hold a share about 35%. North America is the largest market, with a share about 38%, followed by Asia-Pacific and Europe with the share about 32% and 23%. In terms of product, app conversational AI platform is the largest segment, with a share over 51%. And in terms of application, the largest application is large enterprises, followed by SMEs.
Market Snapshot
A recently published report by Reports Intellect, titled “Global Conversational AI Platform Market Size, Status and Forecast 2022” gives an overview of the overall Conversational AI Platform market. This section sheds light on key impact-rendering drivers and constraints that are impacting the growth. It permits users to understand the different shortcomings and how they may hamper the development afterward. This segment is considered to be one of the most crucial segments of the report as it helps readers comprehend the impact of various macro and microeconomic factors on development. The role of various sectors, including small-scale and large-scale, in the expansion has also been discussed in the report. Additionally, the industry experts have put forth the current trends and prospects, which are likely to aid the growth in the upcoming years.
The global Conversational AI Platform market size is projected to reach US$ 7501.7 million by 2027, from US$ 2352.3 million in 2020, at a CAGR of 17.6% during 2021-2027.
Impact of Covid-19 Outbreak
This section of the report has explored the overall status of the Covid scenario and has offered valuable insights into the changes in supply chain disruption, fluctuations in demand, etc. The analysts have also focused on the key measures that the companies are opting to withstand the harsh scenario.
Segmental Analysis
The report has been segmented into product and application segments. The researchers have documented all the products present today in the Conversational AI Platform market. They have also shed light on the new product innovations and launches by the key players. In the segmental analysis, the analysts have provided revenue forecast figures based on type and application for the period 2016-2027. They have also discussed about the growth rate and potential of each segment for the period 2016-2027.
Conversational AI Platform Breakdown Data by Type
Web Conversational AI Platform
App Conversational AI Platform
Conversational AI Platform Breakdown Data by End User
Large Enterprises
SMEs
Regional Analysis
The significant regions that are studied in the research report encompass North America, Europe, Asia Pacific, Central and South America, and the Middle East and Africa. In this section of the report, the specialists have explored various areas that are contributing to the development and can present lucrative growth prospects for the manufacturers in the forthcoming years. The report also provides region-wise and country-wise sales and revenue forecast data for the period 2021-2027.
Competitive Landscape
This segment focuses on the key players operating in the industry. It underlines all the current and future activities by the prominent manufacturers. By understanding various initiatives being taken up by different players, readers will gain the ability to settle on correct business choices. The authors of the report have provided accurate revenue figures of the companies for the period 2016-2021. The clients are sure to gain the upper hand once they get hold of this report. Key players studied in the research report include:
SAP
IBM
Microsoft
Ada
Conversica
LivePerson
Genesys
Cognigy
Avaamo
Just AI
Kasisto
Solvvy
Certainly
Hyro
Mindsay
Frequently Asked Questions
What factors will challenge the Conversational AI Platform market growth?
Which end-use segment will expand at the fastest CAGR in the Conversational AI Platform market?
Which are the emerging players in the Conversational AI Platform market?
How concentrated is the Conversational AI Platform market?
Which factors are positively contributing to the Conversational AI Platform market growth?
Which are the novel product innovations in the Conversational AI Platform market?
Which product segment will emerge as the most lucrative in the Conversational AI Platform market?
Which factors are increasing the competition in the Conversational AI Platform market?
Which are the strategic measures taken by the Conversational AI Platform industry players?
Which region will witness inactive growth during the forecast period?
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Conversational AI Platform Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Web Conversational AI Platform
1.2.3 App Conversational AI Platform
1.3 Market by Application
1.3.1 Global Conversational AI Platform Market Share by End User: 2016 VS 2021 VS 2027
1.3.2 Large Enterprises
1.3.3 SMEs
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Conversational AI Platform Market Perspective (2016-2027)
2.2 Conversational AI Platform Growth Trends by Regions
2.2.1 Conversational AI Platform Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Conversational AI Platform Historic Market Share by Regions (2016-2021)
2.2.3 Conversational AI Platform Forecasted Market Size by Regions (2022-2027)
2.3 Conversational AI Platform Industry Dynamic
2.3.1 Conversational AI Platform Market Trends
2.3.2 Conversational AI Platform Market Drivers
2.3.3 Conversational AI Platform Market Challenges
2.3.4 Conversational AI Platform Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Conversational AI Platform Players by Revenue
3.1.1 Global Top Conversational AI Platform Players by Revenue (2016-2021)
3.1.2 Global Conversational AI Platform Revenue Market Share by Players (2016-2021)
3.2 Global Conversational AI Platform Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Conversational AI Platform Revenue
3.4 Global Conversational AI Platform Market Concentration Ratio
3.4.1 Global Conversational AI Platform Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Conversational AI Platform Revenue in 2020
3.5 Conversational AI Platform Key Players Head office and Area Served
3.6 Key Players Conversational AI Platform Product Solution and Service
3.7 Date of Enter into Conversational AI Platform Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Conversational AI Platform Breakdown Data by Type
4.1 Global Conversational AI Platform Historic Market Size by Type (2016-2021)
4.2 Global Conversational AI Platform Forecasted Market Size by Type (2022-2027)
5 Conversational AI Platform Breakdown Data by End User
5.1 Global Conversational AI Platform Historic Market Size by End User (2016-2021)
5.2 Global Conversational AI Platform Forecasted Market Size by End User (2022-2027)
6 North America
6.1 North America Conversational AI Platform Market Size (2016-2027)
6.2 North America Conversational AI Platform Market Size by Type
6.2.1 North America Conversational AI Platform Market Size by Type (2016-2021)
6.2.2 North America Conversational AI Platform Market Size by Type (2022-2027)
6.2.3 North America Conversational AI Platform Market Size by Type (2016-2027)
6.3 North America Conversational AI Platform Market Size by End User
6.3.1 North America Conversational AI Platform Market Size by End User (2016-2021)
6.3.2 North America Conversational AI Platform Market Size by End User (2022-2027)
6.3.3 North America Conversational AI Platform Market Size by End User (2016-2027)
6.4 North America Conversational AI Platform Market Size by Country
6.4.1 North America Conversational AI Platform Market Size by Country (2016-2021)
6.4.2 North America Conversational AI Platform Market Size by Country (2022-2027)
6.4.3 United States
6.4.4 Canada
7 Europe
7.1 Europe Conversational AI Platform Market Size (2016-2027)
7.2 Europe Conversational AI Platform Market Size by Type
7.2.1 Europe Conversational AI Platform Market Size by Type (2016-2021)
7.2.2 Europe Conversational AI Platform Market Size by Type (2022-2027)
7.2.3 Europe Conversational AI Platform Market Size by Type (2016-2027)
7.3 Europe Conversational AI Platform Market Size by End User
7.3.1 Europe Conversational AI Platform Market Size by End User (2016-2021)
7.3.2 Europe Conversational AI Platform Market Size by End User (2022-2027)
7.3.3 Europe Conversational AI Platform Market Size by End User (2016-2027)
7.4 Europe Conversational AI Platform Market Size by Country
7.4.1 Europe Conversational AI Platform Market Size by Country (2016-2021)
7.4.2 Europe Conversational AI Platform Market Size by Country (2022-2027)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic
8 Asia-Pacific
8.1 Asia-Pacific Conversational AI Platform Market Size (2016-2027)
8.2 Asia-Pacific Conversational AI Platform Market Size by Type
8.2.1 Asia-Pacific Conversational AI Platform Market Size by Type (2016-2021)
8.2.2 Asia-Pacific Conversational AI Platform Market Size by Type (2022-2027)
8.2.3 Asia-Pacific Conversational AI Platform Market Size by Type (2016-2027)
8.3 Asia-Pacific Conversational AI Platform Market Size by End User
8.3.1 Asia-Pacific Conversational AI Platform Market Size by End User (2016-2021)
8.3.2 Asia-Pacific Conversational AI Platform Market Size by End User (2022-2027)
8.3.3 Asia-Pacific Conversational AI Platform Market Size by End User (2016-2027)
8.4 Asia-Pacific Conversational AI Platform Market Size by Region
8.4.1 Asia-Pacific Conversational AI Platform Market Size by Region (2016-2021)
8.4.2 Asia-Pacific Conversational AI Platform Market Size by Region (2022-2027)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia
9 Latin America
9.1 Latin America Conversational AI Platform Market Size (2016-2027)
9.2 Latin America Conversational AI Platform Market Size by Type
9.2.1 Latin America Conversational AI Platform Market Size by Type (2016-2021)
9.2.2 Latin America Conversational AI Platform Market Size by Type (2022-2027)
9.2.3 Latin America Conversational AI Platform Market Size by Type (2016-2027)
9.3 Latin America Conversational AI Platform Market Size by End User
9.3.1 Latin America Conversational AI Platform Market Size by End User (2016-2021)
9.3.2 Latin America Conversational AI Platform Market Size by End User (2022-2027)
9.3.3 Latin America Conversational AI Platform Market Size by End User (2016-2027)
9.4 Latin America Conversational AI Platform Market Size by Country
9.4.1 Latin America Conversational AI Platform Market Size by Country (2016-2021)
9.4.2 Latin America Conversational AI Platform Market Size by Country (2022-2027)
9.4.3 Mexico
9.4.4 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Conversational AI Platform Market Size (2016-2027)
10.2 Middle East & Africa Conversational AI Platform Market Size by Type
10.2.1 Middle East & Africa Conversational AI Platform Market Size by Type (2016-2021)
10.2.2 Middle East & Africa Conversational AI Platform Market Size by Type (2022-2027)
10.2.3 Middle East & Africa Conversational AI Platform Market Size by Type (2016-2027)
10.3 Middle East & Africa Conversational AI Platform Market Size by End User
10.3.1 Middle East & Africa Conversational AI Platform Market Size by End User (2016-2021)
10.3.2 Middle East & Africa Conversational AI Platform Market Size by End User (2022-2027)
10.3.3 Middle East & Africa Conversational AI Platform Market Size by End User (2016-2027)
10.4 Middle East & Africa Conversational AI Platform Market Size by Country
10.4.1 Middle East & Africa Conversational AI Platform Market Size by Country (2016-2021)
10.4.2 Middle East & Africa Conversational AI Platform Market Size by Country (2022-2027)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE
11 Key Players Profiles
11.1 SAP
11.1.1 SAP Company Details
11.1.2 SAP Business Overview
11.1.3 SAP Conversational AI Platform Introduction
11.1.4 SAP Revenue in Conversational AI Platform Business (2016-2021)
11.1.5 SAP Recent Development
11.2 IBM
11.2.1 IBM Company Details
11.2.2 IBM Business Overview
11.2.3 IBM Conversational AI Platform Introduction
11.2.4 IBM Revenue in Conversational AI Platform Business (2016-2021)
11.2.5 IBM Recent Development
11.3 Microsoft
11.3.1 Microsoft Company Details
11.3.2 Microsoft Business Overview
11.3.3 Microsoft Conversational AI Platform Introduction
11.3.4 Microsoft Revenue in Conversational AI Platform Business (2016-2021)
11.3.5 Microsoft Recent Development
11.4 Ada
11.4.1 Ada Company Details
11.4.2 Ada Business Overview
11.4.3 Ada Conversational AI Platform Introduction
11.4.4 Ada Revenue in Conversational AI Platform Business (2016-2021)
11.4.5 Ada Recent Development
11.5 Kore.ai
11.5.1 Kore.ai Company Details
11.5.2 Kore.ai Business Overview
11.5.3 Kore.ai Conversational AI Platform Introduction
11.5.4 Kore.ai Revenue in Conversational AI Platform Business (2016-2021)
11.5.5 Kore.ai Recent Development
11.6 Conversica
11.6.1 Conversica Company Details
11.6.2 Conversica Business Overview
11.6.3 Conversica Conversational AI Platform Introduction
11.6.4 Conversica Revenue in Conversational AI Platform Business (2016-2021)
11.6.5 Conversica Recent Development
11.7 LivePerson
11.7.1 LivePerson Company Details
11.7.2 LivePerson Business Overview
11.7.3 LivePerson Conversational AI Platform Introduction
11.7.4 LivePerson Revenue in Conversational AI Platform Business (2016-2021)
11.7.5 LivePerson Recent Development
11.8 Genesys
11.8.1 Genesys Company Details
11.8.2 Genesys Business Overview
11.8.3 Genesys Conversational AI Platform Introduction
11.8.4 Genesys Revenue in Conversational AI Platform Business (2016-2021)
11.8.5 Genesys Recent Development
11.9 Boost.ai
11.9.1 Boost.ai Company Details
11.9.2 Boost.ai Business Overview
11.9.3 Boost.ai Conversational AI Platform Introduction
11.9.4 Boost.ai Revenue in Conversational AI Platform Business (2016-2021)
11.9.5 Boost.ai Recent Development
11.10 Kata.ai
11.10.1 Kata.ai Company Details
11.10.2 Kata.ai Business Overview
11.10.3 Kata.ai Conversational AI Platform Introduction
11.10.4 Kata.ai Revenue in Conversational AI Platform Business (2016-2021)
11.10.5 Kata.ai Recent Development
11.11 Cognigy
11.11.1 Cognigy Company Details
11.11.2 Cognigy Business Overview
11.11.3 Cognigy Conversational AI Platform Introduction
11.11.4 Cognigy Revenue in Conversational AI Platform Business (2016-2021)
11.11.5 Cognigy Recent Development
11.12 OneReach.ai
11.12.1 OneReach.ai Company Details
11.12.2 OneReach.ai Business Overview
11.12.3 OneReach.ai Conversational AI Platform Introduction
11.12.4 OneReach.ai Revenue in Conversational AI Platform Business (2016-2021)
11.12.5 OneReach.ai Recent Development
11.13 Avaamo
11.13.1 Avaamo Company Details
11.13.2 Avaamo Business Overview
11.13.3 Avaamo Conversational AI Platform Introduction
11.13.4 Avaamo Revenue in Conversational AI Platform Business (2016-2021)
11.13.5 Avaamo Recent Development
11.14 Just AI
11.14.1 Just AI Company Details
11.14.2 Just AI Business Overview
11.14.3 Just AI Conversational AI Platform Introduction
11.14.4 Just AI Revenue in Conversational AI Platform Business (2016-2021)
11.14.5 Just AI Recent Development
11.15 Kasisto
11.15.1 Kasisto Company Details
11.15.2 Kasisto Business Overview
11.15.3 Kasisto Conversational AI Platform Introduction
11.15.4 Kasisto Revenue in Conversational AI Platform Business (2016-2021)
11.15.5 Kasisto Recent Development
11.16 Active.Ai
11.16.1 Active.Ai Company Details
11.16.2 Active.Ai Business Overview
11.16.3 Active.Ai Conversational AI Platform Introduction
11.16.4 Active.Ai Revenue in Conversational AI Platform Business (2016-2021)
11.16.5 Active.Ai Recent Development
11.17 Solvvy
11.17.1 Solvvy Company Details
11.17.2 Solvvy Business Overview
11.17.3 Solvvy Conversational AI Platform Introduction
11.17.4 Solvvy Revenue in Conversational AI Platform Business (2016-2021)
11.17.5 Solvvy Recent Development
11.18 Certainly
11.18.1 Certainly Company Details
11.18.2 Certainly Business Overview
11.18.3 Certainly Conversational AI Platform Introduction
11.18.4 Certainly Revenue in Conversational AI Platform Business (2016-2021)
11.18.5 Certainly Recent Development
11.19 Hyro
11.19.1 Hyro Company Details
11.19.2 Hyro Business Overview
11.19.3 Hyro Conversational AI Platform Introduction
11.19.4 Hyro Revenue in Conversational AI Platform Business (2016-2021)
11.19.5 Hyro Recent Development
11.20 Mindsay
11.20.1 Mindsay Company Details
11.20.2 Mindsay Business Overview
11.20.3 Mindsay Conversational AI Platform Introduction
11.20.4 Mindsay Revenue in Conversational AI Platform Business (2016-2021)
11.20.5 Mindsay Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Reason to Buy