Global Bot Services Market Size is estimated to expand rapidly in coming years, at a CAGR of 32.6 % from 2018 to 2025. In 2017, the global market valuation was USD 1.8 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Bot Service is artificial intelligence (AI) chatbot offered as a service on the cloud service marketplace. Bot Service offers the ability to add intelligent agents that are capable of conversation without having to commit the resources to develop one's own AI. Geographically, North America is expected to be the highest growing region in the global market of bot services.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global bot services market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bot services market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Mode Insights: On the basis of mode, global bot services market has been segmented into text and rich media, audio, and video. Among which text and rich media segment are expected to hold the largest share in the global market of bot services. Text and rich media are an effective way for customers to communicate with bots. The variables driving the development of the text and rich media segment include the growing amount of social media users and advances in NLP, AI, and machine-learning techniques.

By Services Insights: On the basis of services, global bot services market has been segmented into framework and platform. Among which platform segment is expected to grow at a higher rate during the forecast period. Bot platforms are in enormous supply owing to the broad spectrum of characteristics and features they offer and the easiness of accessibility. The development of the platform segment is motivated by the increase in the implementation of bot services by tiny, medium or large businesses.

Regional Analysis

The bot services market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, North America is expected to witness high growth in upcoming time span due to high adoption of advanced technology and the presence of key vendors working on bot services in the region. Asia Pacific region is expected to witness high growth in the market in the forecast period. The increasing number of social media users is anticipated to drive the development of the APAC region's bot services industry. Moreover, the presence of key players, increasing R&D in the demanding market associated with bot services will dominate the market in forecast period.

Europe is anticipated to dominate the global bot services market over the projected period majorly owing to high demand from retail and BFSI segment, better technological connectivity and highly cost-effective business strategies. Emerging countries in the region are enormously working on the advance projects in the global market.

Global Bot Services Market Size, Share Analysis by Region 2017

Global Bot Services Market Study Objective

1. To forecast the market size of the bot services market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of bot services market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of bot services market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of bot services market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the bot services market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Microsoft, IBM, Facebook, Google, Amazon Web Services, Nuance Communications, Aspect Software, Inbenta Technologies, Creative Virtual, IPsoft, 24/7 Customer, CogniCor Technologies, Astute Solutions, Gupshup, Next IT Corp., Kore.ai, Rasa Technologies GmbH, Pypestream, Avaamo, Pandorabots, LogMeIn, Artificial Solutions, Botego, Chatfuel, Webio, and Do You Dream Up are some of the key players in the market of bot services.

Global Bot Services Market Study Report Offer You!

The global bot services market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.