Portland, OR -- (SBWIRE) -- 07/06/2018 -- Chatbot is a computer application that is used by companies for text and voice-based conversation with people by integrating them into applications, instant messages, and websites.
Technavios analysts forecast the global chatbot market to grow at a CAGR of 24.43% during the period 2018-2022.

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Covered in this report
The report covers the present scenario and the growth prospects of the global chatbot market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of chatbots across several end-user industries including BFSI, retail, travel and hospitality, and government.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Chatbot Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Anboto
Creative Virtual
eGain
Inbenta Technologies
Nuance Communications
Market driver
Focus on improving CRM
For a full, detailed list, view our report

Market challenge
Integration issues between front-end and back-end knowledge bases
For a full, detailed list, view our report

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Market trend
Increasing mobility of chatbots with use in smartphones
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Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?