Conversational AI Market worth $49.9 billion by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
understanding, and tailored interactions with an emphasis on ethical and emotional intelligence. These systems will continuously learn from and adjust to user preferences as they satisfy societal requirements, automate more and more complicated jobs, and enable human-AI collaboration. The Conversational AI Market is projected to grow from USD 13.2 billion in 2024 to USD 49.9 billion by 2030, at a compound annual growth rate (CAGR) of 24.9% during the forecast period, according to a new report by MarketsandMarkets™. The conversational AI market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing integration of computer vision and voice recognition technology to facilitate more in-depth and personalized interactions. Exponential growth of focus on customer engagement and retention and increasing integration of AI chatbots in messaging services, and growing emergence of generative AI is also responsible for driving the m
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