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Report explores the chatbot market research

IT Market Research

The Chatbot market delves into the possible growth opportunities for the global Chatbot market and the chronological growth of the market throughout the forecast period.

Market Highlights:

The chatbot is anticipated to increase at a high rate due to the rise in penetration of various websites and mobile applications, surge in demand of automated patient management tools in the healthcare industry, proliferating demand of intelligent customer engagement and rise in the cloud-based technology during the forecast period. Factors such as lack of awareness owing to relatively early presence in the tech-adoption life cycle and high-cost deployment as well as the system integration complexities are the major factors that may hamper the growth of chatbots market in the near future.

Chatbots is a computer program which conducts a discussion via auditory or documented methods. These programs are often designed to influentially simulate how a human would behave as a conversational partner, thereby passing the Turing test.