List of Contents

Conversational AI Market Size, Share, and Trends 2024 to 2034

The global conversational AI market size is estimated at USD 15.5 billion in 2024, grew to USD 19.21 billion in 2025 and is predicted to surpass around USD 132.86 billion by 2034, expanding at a CAGR of 23.97% between 2024 and 2034. The North America conversational AI market size accounted for USD 4.65 billion in 2024 and is anticipated to grow at a fastest CAGR of 24.17% during the forecast year.

  • Last Updated : October 2024
  • Report Code : 3250
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Conversational AI Market 

5.1. COVID-19 Landscape: Conversational AI Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Conversational AI Market, By Component

8.1. Conversational AI Market, by Component, 2024-2034

8.1.1. Solutions

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Managed Services

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Professional Services

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Conversational AI Market, By Type

9.1. Conversational AI Market, by Type, 2024-2034

9.1.1. Chatbots

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Intelligent Virtual Assistant (IVA)

9.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Conversational AI Market, By Deployment 

10.1. Conversational AI Market, by Deployment, 2024-2034

10.1.1. On-premises

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Cloud

10.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Conversational AI Market, By Technology

11.1. Conversational AI Market, by Technology, 2024-2034

11.1.1. Natural Language Processing (NLP)

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. ML and Deep Learning

11.1.2.1. Market Revenue and Forecast (2021-2034)

11.1.3. Automatic Speech Recognition (ASR)

11.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Conversational AI Market, By End User

12.1. Conversational AI Market, by End User, 2024-2034

12.1.1. BFSI

12.1.1.1. Market Revenue and Forecast (2021-2034)

12.1.2. Healthcare

12.1.2.1. Market Revenue and Forecast (2021-2034)

12.1.3. IT & Telecom

12.1.3.1. Market Revenue and Forecast (2021-2034)

12.1.4. Retail & eCommerce

12.1.4.1. Market Revenue and Forecast (2021-2034)

12.1.5. Education

12.1.5.1. Market Revenue and Forecast (2021-2034)

12.1.6. Media & Entertainment

12.1.6.1. Market Revenue and Forecast (2021-2034)

12.1.7. Automotive

12.1.7.1. Market Revenue and Forecast (2021-2034)

12.1.8. Others

12.1.8.1. Market Revenue and Forecast (2021-2034)

Chapter 13. Global Conversational AI Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Component (2021-2034)

13.1.2. Market Revenue and Forecast, by Type (2021-2034)

13.1.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.1.4. Market Revenue and Forecast, by Technology (2021-2034)

13.1.5. Market Revenue and Forecast, by End User (2021-2034)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Component (2021-2034)

13.1.6.2. Market Revenue and Forecast, by Type (2021-2034)

13.1.6.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.1.6.4. Market Revenue and Forecast, by Technology (2021-2034)

13.1.6.5. Market Revenue and Forecast, by End User (2021-2034) 

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Component (2021-2034)

13.1.7.2. Market Revenue and Forecast, by Type (2021-2034)

13.1.7.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.1.7.4. Market Revenue and Forecast, by Technology (2021-2034)

13.1.7.5. Market Revenue and Forecast, by End User (2021-2034)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Component (2021-2034)

13.2.2. Market Revenue and Forecast, by Type (2021-2034)

13.2.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.2.4. Market Revenue and Forecast, by Technology (2021-2034) 

13.2.5. Market Revenue and Forecast, by End User (2021-2034) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Component (2021-2034)

13.2.6.2. Market Revenue and Forecast, by Type (2021-2034)

13.2.6.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.2.7. Market Revenue and Forecast, by Technology (2021-2034) 

13.2.8. Market Revenue and Forecast, by End User (2021-2034) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Component (2021-2034)

13.2.9.2. Market Revenue and Forecast, by Type (2021-2034)

13.2.9.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.2.10. Market Revenue and Forecast, by Technology (2021-2034)

13.2.11. Market Revenue and Forecast, by End User (2021-2034)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Component (2021-2034)

13.2.12.2. Market Revenue and Forecast, by Type (2021-2034)

13.2.12.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.2.12.4. Market Revenue and Forecast, by Technology (2021-2034)

13.2.13. Market Revenue and Forecast, by End User (2021-2034)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Component (2021-2034)

13.2.14.2. Market Revenue and Forecast, by Type (2021-2034)

13.2.14.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.2.14.4. Market Revenue and Forecast, by Technology (2021-2034)

13.2.15. Market Revenue and Forecast, by End User (2021-2034)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Component (2021-2034)

13.3.2. Market Revenue and Forecast, by Type (2021-2034)

13.3.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.3.4. Market Revenue and Forecast, by Technology (2021-2034)

13.3.5. Market Revenue and Forecast, by End User (2021-2034)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Component (2021-2034)

13.3.6.2. Market Revenue and Forecast, by Type (2021-2034)

13.3.6.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.3.6.4. Market Revenue and Forecast, by Technology (2021-2034)

13.3.7. Market Revenue and Forecast, by End User (2021-2034)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Component (2021-2034)

13.3.8.2. Market Revenue and Forecast, by Type (2021-2034)

13.3.8.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.3.8.4. Market Revenue and Forecast, by Technology (2021-2034)

13.3.9. Market Revenue and Forecast, by End User (2021-2034)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Component (2021-2034)

13.3.10.2. Market Revenue and Forecast, by Type (2021-2034)

13.3.10.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.3.10.4. Market Revenue and Forecast, by Technology (2021-2034)

13.3.10.5. Market Revenue and Forecast, by End User (2021-2034)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Component (2021-2034)

13.3.11.2. Market Revenue and Forecast, by Type (2021-2034)

13.3.11.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.3.11.4. Market Revenue and Forecast, by Technology (2021-2034)

13.3.11.5. Market Revenue and Forecast, by End User (2021-2034)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Component (2021-2034)

13.4.2. Market Revenue and Forecast, by Type (2021-2034)

13.4.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.4.4. Market Revenue and Forecast, by Technology (2021-2034)

13.4.5. Market Revenue and Forecast, by End User (2021-2034)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Component (2021-2034)

13.4.6.2. Market Revenue and Forecast, by Type (2021-2034)

13.4.6.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.4.6.4. Market Revenue and Forecast, by Technology (2021-2034)

13.4.7. Market Revenue and Forecast, by End User (2021-2034)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Component (2021-2034)

13.4.8.2. Market Revenue and Forecast, by Type (2021-2034)

13.4.8.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.4.8.4. Market Revenue and Forecast, by Technology (2021-2034)

13.4.9. Market Revenue and Forecast, by End User (2021-2034)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Component (2021-2034)

13.4.10.2. Market Revenue and Forecast, by Type (2021-2034)

13.4.10.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.4.10.4. Market Revenue and Forecast, by Technology (2021-2034)

13.4.10.5. Market Revenue and Forecast, by End User (2021-2034)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Component (2021-2034)

13.4.11.2. Market Revenue and Forecast, by Type (2021-2034)

13.4.11.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.4.11.4. Market Revenue and Forecast, by Technology (2021-2034)

13.4.11.5. Market Revenue and Forecast, by End User (2021-2034)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Component (2021-2034)

13.5.2. Market Revenue and Forecast, by Type (2021-2034)

13.5.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.5.4. Market Revenue and Forecast, by Technology (2021-2034)

13.5.5. Market Revenue and Forecast, by End User (2021-2034)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Component (2021-2034)

13.5.6.2. Market Revenue and Forecast, by Type (2021-2034)

13.5.6.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.5.6.4. Market Revenue and Forecast, by Technology (2021-2034)

13.5.7. Market Revenue and Forecast, by End User (2021-2034)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Component (2021-2034)

13.5.8.2. Market Revenue and Forecast, by Type (2021-2034)

13.5.8.3. Market Revenue and Forecast, by Deployment (2021-2034)

13.5.8.4. Market Revenue and Forecast, by Technology (2021-2034)

13.5.8.5. Market Revenue and Forecast, by End User (2021-2034)

Chapter 14. Company Profiles

14.1. Oracle

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. IBM

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Amazon Web Services, Inc.

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Microsoft

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Avaamo

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Nuance Communications, Inc.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. FIS

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. SAP SE

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Artificial Solutions

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Kore.ai, Inc.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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