Chatbot Competitors Market Share 2024
Chatbot Competitors Market Share 2024. The chatbot market is estimated to be at usd 7,655.01 mn in 2024 and is anticipated to reach usd 19,055.16 mn in 2029. The chatbot market is set to expand at a remarkable 23.3% annually, reaching $15.5 billion by 2028.
Though microsoft was first to release a chatbot search experience, it has not made a big dent in google’s market share, which holds at 91.6% compared with bing’s 3.3%. Forecasts estimate the global chatbot market will exceed $10 billion by 2025 as adoption rates multiply across sectors.