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. The market for bot services is influenced by the rising number of social media users and the demand for adopting industry specified bots.
The above-mentioned factors collectively create opportunities for market growth, while factors such as dependency on deployment platforms for bots pose limitations in the market. However, each factor would have a definite impact on the market during the forecast period. Consistent advancements in the artificial intelligence market owing to innovative efforts have enhanced the efficiency of the bot service market.
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The report presents a panoramic view of the competitive landscape of the Bot Services market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Bot Services market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
Top Players Analyzed in the Report are:
Microsoft, IBM, Facebook, Google, Amazon Web Services, Nuance Communications, Aspect Software, Inbenta Technologies, Creative Virtual, and Cognicor Technologies among others.
For a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Bot Services market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
For the purpose of this report, Reports and Data have segmented into the global Bot Services market on the basis of service, mode type, deployment channel, end-use industries, and region:
Service Outlook (Revenue, USD Billion; 2016-2026)
Mode Type Outlook ( Revenue, USD Billion; 2016-2026)
• Text and Rich Media
Deployment Channel Outlook ( Revenue, USD Billion; 2016-2026)
• Contact Center and Customer Service
• Social Media
• Mobile Applications
End-use Industries Outlook ( Revenue, USD Billion; 2016-2026)
• Media and Entertainment
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Benefits of Global Bot Services Market Report:
• Comprehensive analysis of the changing market dynamics
• A futuristic outlook on different factors influencing the market
• An 8-year forecast of the market growth and expected revenue growth
• Ease of understanding of the market, key segments, and their future growth
• In-depth analysis of the competitive landscape to give an advantageous edge for the companies
• Extensive insight into the market with in-depth analysis of the segmentation
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Bot Services Market Segmentation & Impact Analysis
4.1. Bot Services Market Material Segmentation Analysis
4.2. Industrial Outlook
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