Chatbot Market to reach $1.34bn by 2024 Chatbot Market | Page 3

Browse key industry insights spread across 350 pages with 262 market data tables &
43 figures & charts from the report, “Chatbot Market Size By Type (Rule-Based,
AI-Based), By Interface (Standalone, Web-Based, Third-Party), By Application
(Customer Service, Social Media, Payment/Order Processing, Marketing), By
Deployment Model (On-Premise, Cloud), By End-Use (BFSI, Media and
Entertainment, Healthcare, E-Commerce, Retail, Travel and Tourism), Industry
Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy,
Spain, China, Japan, Australia & New Zealand (ANZ), South Korea, India,
Singapore, Brazil, Mexico, Argentina, GCC, South Africa), Growth Potential,
Competitive Market Share & Forecast, 2018 - 2024” in detail along with the table
of contents:
https://www.gminsights.com/industry-analysis/chatbot-market
The AI-based chatbot market is growing at a CAGR of 53% as they provide highly
conversational experiences through text and voice, which can be customized for use
on various web browsers, mobile devices, and varied chat platforms. Furthermore,
increasing collaboration in the AI-based companies also drives the market growth.
For instance, in March 2018, Haptik, a leading AI-based chatbot platform partnered
with Amazon Web Services to deliver solutions for Indian customers. This will enable
the company to expand its AI-based market in India.
In 2017, the on-premise deployment model holds approximately 83% in the chatbot
market, offering users enhanced data security solution