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Bot Services Market Insight 2019

The global bot services market is forecast to reach USD 4,834.9 Million by 2026, according to a new report by Reports and Data.

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Bot Services Market Insight 2019

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  1. Bot Services Market To Reach USD 4,834.9 Million By 2026 www.reportsanddata.com

  2. Market Summary Market Size – USD 603.4 Million in 2018, Market Growth - CAGR of 29.8%, Market Trends – The advent of cloud bot-as-a-service. The global bot services market is forecast to reach USD 4,834.9 Million by 2026, according to a new report by Reports and Data. Bot services provide virtual assistance, which uses the concept of artificial intelligence to answer questions and help to find a solution in a fast and efficient way. The bots or chatbots are robots that are used to chat with humans in various platforms for customer support and services. Bot services find applications in various end-use industries such as banking, financial services, and insurance (BFSI), retail, healthcare, media & entertainment, telecom, travel, and government, among others. Further key findings from the report suggest • The platform segment is forecasted to grow with a higher CAGR of 29.9% during the forecast period. This is due to the high demand for bot platforms, as it offers a wide range of features, functionalities, and ease of availability. • The text and rich media segment held the largest market share of 54.5% in the year 2018. Text and rich media is an effective mode for consumers to interact with bots. The elements driving the growth of the text and rich media segment incorporate the expanding number of social media users and the developments in AI, NLP, and machine learning technologies. www.reportsanddata.com

  3. Market Summary Key Players: Key participants Microsoft, IBM, Facebook, Google, Amazon Web Services, Nuance Communications, Aspect Software, Inbenta Technologies, Creative Virtual, and Cognicor Technologies among others. Segmentation: Service Outlook (Revenue, USD Billion; 2016-2026) Framework Platform Mode Type Outlook ( Revenue, USD Billion; 2016-2026) Text and Rich Media Audio Video Deployment Channel Outlook ( Revenue, USD Billion; 2016-2026) Websites Contact Center and Customer Service Social Media To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2209

  4. Market Summary Regional Outlook for Assessment Services Market analyses the following geographies:  North America (United States, Canada, and Mexico)  Europe (Germany, France, UK, Russia, and Italy)  Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)  South America (Brazil, Argentina, Colombia, etc.)  Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/2209 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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