TECHGuru

  According to a new market report pertaining to the global chatbot market published by Transparency Market Research the global chatbot market was valued at   US$ 274.5 Mn   in   2019  and is projected to reach  US$ 2,358.2 Mn   by   2027 , at a CAGR of   31.3%   during the forecast period from  2020  to   2027 . The adoption of the chatbot system is expected to increase due to increasing adoption of   artificial intelligence technology   in services sector. The chatbot is majorly used to offer immediate and effective customer support by the company to enhance the customer experience with advancement in the support and service segment. North America is anticipated to lead the global chatbot market in terms of revenue during the forecast period. Chatbot is programmed to enable users and businesses to interact through medium such as voice, text, video, file sharing, and image. Chatbot practice natural la...