What is the growth rate of the Chatbot Market?
The Chatbot Market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
What are the benefits of using chatbots?
Chatbots offer 24/7 customer support, improve customer engagement, reduce costs, and personalize the customer experience.
Who are the major players in the chatbot market?
Leading players include IBM, Google, Microsoft, Anboto, and Creative Virtual, offering diverse chatbot solutions for various industries.
What are the challenges of implementing chatbots?
High initial investment, lack of awareness, and integration complexities can hinder chatbot adoption.