Conversational AI Market worth $13.9 billion by 2025 - Exclusive Report by MarketsandMarkets™
Personal assistants are capable of comprehending open conversations while contextualizing them to a particular case or scenario.
- Personal assistants are capable of comprehending open conversations while contextualizing them to a particular case or scenario.
- In the Conversational AI Market by type, the Intelligent Virtual Assistants (IVA) segment is expected to record the higher CAGR during the forecast period.
- North America is expected to hold the largest market size in the global Conversational AI Market during the forecast period.
- Conversational AI proliferates with the increasing adoption of smart devices, and the US market is undergoing a major transformation in the implementation of AI- and ML-based solutions.