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Bot services market growing at 31.2% CAGR according to new research report

Industrial Market Research

Bot Services Market research report show analytical data, Industry size, share, survey, industry intelligence, business acumen. Bot Services Market grab attention on Industry trends, bot services strategy, analysis, survey during the forecast period 2017 to 2022.

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Bot services market accounted for $ 356.8 Million in 2016 and is projected to reach $ 1,783.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 31.2% during the forecast period. The base year considered for the study is 2016, and the forecast period under consideration is 2017–2022.

Some of the major vendors in the bot services market are Microsoft (US), IBM (US), Facebook (US), Google (US), Amazon Web Services (US), Nuance Communications (US), Aspect Software (US), Inbenta Technologies (US), Creative Virtual (UK), IPsoft (US), 24/7 Customer (US), CogniCor Technologies (Spain), Astute Solutions (US), Gupshup (US), Next IT Corp. (US),, Rasa Technologies GmbH (Germany), Pypestream (US), Avaamo (US), Pandorabots (US), LogMeIn (US), Artificial Solutions (Spain), Botego (Turkey), Chatfuel (US), Webio (Ireland), and Do You Dream Up (France).   

Complete report on Bot Services Market spread across 140 pages, profiling 12 companies and supported with 60 tables and 38 figures at…arket-report.html  

Among the deployment channels, the social media segment is a high-growth segment in the bot services market. Consumers across various social media platforms are increasing at an unprecedented rate.

Social media platforms are easy communication channels for businesses to interact with their customers. Enterprises are widely implementing bot services on platforms, such as Facebook Messenger, Kik, Telegram, We Chat, Skype, and Twitter, to engage with customers and provide a personalized experience for different tasks.

List of Tables

Table 1 Global Market Size, By Region, 2015–2022 (USD Million)

Table 2 Global Market Size, By Service, 2015–2022 (USD Million)

Table 3 Global Market Size, By Mode, 2015–2022 (USD Million)

Table 4 Global Market Size, By Deployment Channel, 2015–2022 (USD Million)

Table 5 Global Market Size, By End-Use Vertical, 2015–2022 (USD Million)

Table 6 Bot Services Market Size, By Service, 2015–2022 (USD Million)

Table 7 Framework: Market Size, By Region, 2015–2022 (USD Million)

Table 8 Platform: Market Size, By Region, 2015–2022 (USD Million)

Table 9 Bot Services Market Size, By Mode, 2015–2022 (USD Million)

Table 10 Text and Rich Media: Market Size, By Region, 2015–2022 (USD Million)

In the process of determining and verifying the market size of the several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of the profiles of the primary participants is given below:

  1. By Company:Tier 1-18%, Tier 2-48%, and Tier 3-34%
  2. By Designation:C-Level-22%, D-Level-43%, and Others-35%
  3. By Region: North America-42%, Europe, Middle East, and Africa (EMEA)-32%, and APAC- 26%

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APAC is expected to witness the highest growth rate in the bot services market during the forecast period, owing to the large-scale implementation of bot services across various end-user verticals, such as banking, government, and travel. Enterprises in China, India, Australia, and Japan have deployed bot services on websites and social media platforms to interact with the customers.

The penetration of smartphones and the growing number of social media users are the primary factors that have propelled the growth of the bot services market in the APAC region.

The global bot services market has been segmented on the basis of services, deployment channels, modes, end-user verticals, and regions. A detailed analysis of the key market players has been done to provide insights into their business overview, products and services, key strategies, new product launches, partnerships, agreements, collaborations, expansions, and the competitive landscape associated with the bot services market.

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