Conversational Systems Market Soar at 18.1% CAGR to 2025 | Google, Cognitive Scale, IBM, Hewlett Packard
Research Reports
Apr 16, 2021
Global Conversational Systems Market Growth Status and Outlook 2021-2026
Conversational system is an interactive platform designed to communicate with humans with specified coherent structure. These conversations are facilitated with gestures, haptic feedbacks, and others.
These conversations are facilitated with gestures, haptic feedbacks, and others. Conversational systems implement the functionalities of cognitive computing, artificial intelligence, Internet of Things (IoT), and others. These systems consist of hardware and software components used to generate appropriate output responses. The deployment models for this system are cloud based and on-premise.
According to this latest study, the 2020 growth of Conversational Systems will have significant change from previous year. By the most conservative estimates of global Conversational Systems market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 2889.9 million in 2019. Over the next five years the Conversational Systems market will register a 18.1% CAGR in terms of revenue, the global market size will reach US$ 5624.9 million by 2025.
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Companies Profiled in this report includes: Google, Cognitive Scale, IBM, Hewlett Packard, Microsoft, Oracle, Nuance Communications, SAP, Tibco Software, Saffron Technology
This report presents a comprehensive overview, market shares, and growth opportunities of Conversational Systems market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7.
Cloud Based
On-premise
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8.
Telecom & IT
Public Sector
Energy & Utilities
Retail
Manufacturing
Healthcare & Life Sciences
Education
BFSI
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Research objectives
To study and analyze the global Conversational Systems market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Conversational Systems market by identifying its various subsegments.
Focuses on the key global Conversational Systems players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Conversational Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Conversational Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Conversational Systems by Players
4 Conversational Systems by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Conversational Systems Market Forecast
11 Key Players Analysis
11.1 Google
11.1.1 Google Company Information
11.1.2 Google Conversational Systems Product Offered
11.1.3 Google Conversational Systems Revenue, Gross Margin and Market Share (2019-2021)
11.1.4 Google Main Business Overview
11.1.5 Google Latest Developments
11.2 Cognitive Scale
11.2.1 Cognitive Scale Company Information
11.2.2 Cognitive Scale Conversational Systems Product Offered
11.2.3 Cognitive Scale Conversational Systems Revenue, Gross Margin and Market Share (2019-2021)
11.2.4 Cognitive Scale Main Business Overview
11.2.5 Cognitive Scale Latest Developments
11.3 IBM
11.3.1 IBM Company Information
11.3.2 IBM Conversational Systems Product Offered
11.3.3 IBM Conversational Systems Revenue, Gross Margin and Market Share (2019-2021)
11.3.4 IBM Main Business Overview
11.3.5 IBM Latest Developments
11.4 Hewlett Packard
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