Conversational Computing Platform Market valued at US $18.25 Billion in 2022 is estimated to reach a value of US $287.72 Billion in 2030, growing at a CAGR of 41.16%.
Conversational computing market In the forecasted period of 2021 to 2028, platforms is anticipated to develop at a rate of 58.5 percent. The study from Data Bridge Market Research on the conversational computing platform industry offers analysis and insights into the numerous elements that are anticipated to be present during the forecast period as well as their effects on the market’s expansion.
In commercial operations including multi-turn dialogues for managing customer enquiries, providing insurance quotations, and responding to claims inquiries from healthcare, speech recognition, speech synthesis, multifarious machine learning, natural language comprehension, and neural networks are used. On the conversational computing platform, automated conversational tactics are gradually becoming acceptable.
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Segmental Analysis Of Global Conversational Computing Platform Market:
Based On Type:
• Solution
• Chat-bot
• Text Assistant
• Voice Assistant
• Service
• Training and Consulting
• System Integration and Deployment
• Support and Maintenance
Based On Deployment Type:
• On-premise
• On-demand
Based On Technology:
• Natural Language Processing
• Natural Language Understanding
• Machine Learning and Deep Learning
• Automated Speech Recognition
Based On Application:
• Customer Support
• Personal Assistance
• Branding and Advertisement
• Customer Engagement and Retention
• Booking Travel Arrangements
• On-boarding and Employee Engagement
• Data Privacy and Compliance
• Others
Competitive Landscape
Accenture, Alphabet, Inc., Amazon.com, Inc., Apexchat, Artificial Solutions, Avaamo, Botpress, Inc., Cognigy GmbH, Cognizant, Conversica, Inc., IBM Corporation, Jio Haptik Technologies Limited, Microsoft Corporation, Nuance Communications, Inc., Omilia Natural Language Solutions Ltd., Oracle and PolyAI Ltd.
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