Chatbot Market will Boom in Near Future

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The global chatbot market size is estimated to be USD 526 million in 2021. It is expected to reach USD 3,619 million by 2030,

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North America, which grew at a CAGR of 23.9% during the forecast period, is the most prominent market with a CAGR of 25.2% by 2030

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New York, United States, June 29, 2022 Chatbot system communication applications, websites, mobile applications use artificial intelligence (AI) technology to interact with the user

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One of the most prominent factors of chatbots, unlike apps, is that they don't need to be downloaded, don't demand updates, and don't use any memory on the phone

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Chatbots automate part of the customer service and sales processes, so enterprises can reduce their operating costs

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Chatbots can improve and engage customer interactions while requiring less human intervention

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Chatbot virtual assistants are becoming increasingly popular among users in business-to-consumer and business-to-business settings

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