These chatbots help with automating tasks like financial planning, account management, and personalized investment advice. With the growing need for customer support in the finance sector, chatbots are becoming a valuable tool. They offer personalized insights and real-time solutions to clients, ...
For example, in July 2018, Bradesco a Brazilian bank, adopted chatbots to offer customer services in digital banking technology. This will assist the bank to expedite its service offerings with agility and fluency. Chatbot Market Share Companies present in the market are emphasizing strategic ...
chatbots because of the speed at which they can communicate with a brand. Additionally, the demand for voice-activated smart devices is gaining popularity due to high convenience and fully automated processes. In January 2020, Google introduced its AI-based chatbot, Meena. It is a multi-turn ...
Intelligent Virtual Assistant Market, By Product (Chatbots, Smart Speakers), Technology (Text-to-Speech, Speech Recognition), Industry Vertical (BFSI, IT and Telecom, Defense & Government, Retail, Healthcare, Hospitality): Global Forecast to 2027
Chatbots are useful in improving operational efficiency, cost-cutting for businesses while offering ease of use, providing added services to employees and customers. They also help organizations to effortlessly resolve various customer queries and proble...
Watching online videos is bad for one’s eyesight 10.3% Too many negative programs online 5.6% Others 10.2% Popularity In June 2013, there were 464.72 million UV for search engines and 456.85 million UV for online video. Chinese netizens spend more time watching video; as a result, social ne...
One of the key market trends is the increasingadoption of chatbots in smartphones.The m-commerce and e-commerce markets are growing rapidly, with many end-users, such as the BFSI, retail, and travel, inclined toward the adoption of m-commerce. Online activities such as online banking, purch...
The processing of certain data or confidential information can further raise privacy or confidentiality issues, especially with respect to the need for artificial intelligence (AI) based solutions to constantly rely on huge datasets. Bearing the above in mind, the regulation of...
On the basis of industry vertical, the global chatbots market is segmented into financial services, healthcare, communication, retail, travel and hospitality, government, education, utilities and others. On the basis of deployment type,...
The AI Virtual Assistant Market is Segmented by Product (Chatbot, Smart Speaker), User Interface (Text-To-Text, Text-To-Speech, Automatic Speech Recognition), End User (For Chatbots (Retail, Healthcare, BFSI, Telecom, Travel and Hospitality), for Smart Speaker (Personal and Commercial)), ...