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Global Conversational Computing Platform Market: By Vehicle Type: Virtual Digital Assistants, Chatbots; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Conversational Computing Platform Market Outlook

The global conversational computing platform market attained a value of about USD 4.5 billion in 2020.

 

Global Conversational Computing Platform Market

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The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 31% to reach a value of around USD 22.7 billion by 2026. The industry is primarily being driven by the rapid shift of consumers to conversation-based machines.

 

Properties and Applications

Conversational computing involves users communicating with computer programs using voice commands. The chatbot is one of the most common types of conversational computing. In terms of technical support, shopping, and booking travel arrangements, chatbots are increasingly common in customer service. Amazon’s Alexa, Microsoft’s Cortana, and Apple’s Siri are a few examples of automated assistants responding to voice commands on mobile devices.

 

Global Conversational Computing Platform Market By Vehicle Type

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The vehicle types can be segmented into the following:

  • Virtual Digital Assistants
  • Chatbots

The EMR report looks into the regional markets of conversational computing platforms like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Conversational Computing Platform Market By Region

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Market Analysis

The increasing use of chatbots on various messaging applications, as well as the increasing use of voice-based assistants, are driving the industry growth. The industry is also expected to be supported by the growing automated customer service or chatbots provided by multiple companies on their mobile and web platforms.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global conversational computing platform market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Amazon Web Services, Inc.
  • Google LLC (NASDAQ: GOOGL)
  • IBM Corp.
  • Microsoft Corp.
  • Nuance Communications Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Questions Answered in the Report

  • How has the global conversational computing platform market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the industry for 2021-2026?
  • What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global conversational computing platform market?
  • Who are the key players in the global conversational computing platform market?
  • What is the degree of competition in the global conversational computing platform market?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Conversational Computing Platform Market Analysis
    6.1    Global Conversational Computing Platform Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Conversational Computing Platform Market Breakup by Vehicle Type
        6.2.1    Virtual Digital Assistants
        6.2.2    Chatbots
    6.3    Global Conversational Computing Platform Market Breakup by Vehicle Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Virtual Digital Assistants
        6.3.2    Chatbots
    6.4    Global Conversational Computing Platform Market Breakup by Region
        6.4.1    North America
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    United Kingdom
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Mexico
            6.4.4.4    Others
        6.4.5    Middle East & Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Global Conversational Computing Platform Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026) 
        6.5.1    North America
            6.5.1.1    United States of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    Germany
            6.5.2.2    United Kingdom
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Mexico
            6.5.4.4    Others
        6.5.5    Middle East & Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis
    9.1    Amazon Web Services, Inc.
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Google LLC
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    IBM Corp.
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Microsoft Corp.
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Nuance Communications Inc.
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Others
10    Industry Events and Development

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