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MARKET REPORT

Conversational AI Market Scope and Opportunities Analysis 2018 – 2028

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Global Conversational AI Market: Overview

The global conversational AI market is gaining traction, owing to the convenience it provides to the customer in delivering personalized communication. Conversational AI includes computerized programs for conducting a conversation via textual or auditory methods. Such Artificial intelligence and computer programs are mostly designed to convincingly simulate humans’ behaviors as a conversational partner, therefore passing the Turing test. Conversational AI is typically used in various dialog systems for several practical purposes such as information acquisition or customer service. All such advantages are driving the global conversational AI market.

From the perspective of applications, the global conversational AI market is segmented into chatbots, messaging apps, digital/personal assistants, and voice search. Among these applications, the personal assistants segment accounts for the largest share and is expected to boost the global conversational AI market during the forecast period. This is because of the rising demand for open conversations as well as contextualization at the same time. Many enterprises are now leveraging AI technology through using a combination of NLU and ML, which helps in training the assistants with unique business data and industry-specific knowledge. Such USPs are fueling growth in the global conversational AI market.

Global Conversational AI Market: Notable Developments

Some of the recent developments that may influence the contours of the conversational AI market in a big way are:

  • Currently, various renowned messaging apps such as Slack, WhatsApp, Facebook, WeChat, and Messenger are allowing chatbots to be built on their messaging platforms.
  • Instead of placing standalone chatbots on the mobile app or website, various brands now have the opportunity in connecting with their users on such messaging apps throughout their buying journey. Such advantages are also fueling demand in the global conversational AI market.
  • Many vendors in the global conversational AI market are offering cloud-based solutions for gaining conversations insight in real time. These vendors are focusing hard on developing robust cloud-based solutions for the clients, as many enterprises have shifted to private or a public cloud.

Some of the most prominent competitors operating in the competitive landscape of global conversational AI market include –

  • Baidu
  • Nuance
  • Oracle
  • Microsoft
  • Google
  • SAP
  • Haptik

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Global Conversational AI Market: Key Growth Dynamics

Rising Demand for AI-powered Customer Support Services to Boost Market’s Growth

The biggest strength of conversational AI lies in their potentiality to carry out human-like conversations. Conversational AI interfaces help people in finding places to eat, looking for gift recommendations, checking status of order, and also the ways for resolving a problem associated with the recently brought products. Due to all such advantages, conversational AI is becoming more ubiquitous day by day. Such factors are boosting the global conversational AI market. Along with this, rising demand for AI-powered customer support services, and growing need for Omni-channel deployment are also fueling growth in the global conversational AI market.

Furthermore, rising demand for easy-to-use, scalable, and cost-effective conversational AI solutions from various organizations, and growing need for reducing chatbot development cost are the factors majorly propelling expansion in the global conversational AI market. Along with all these, rapid proliferation rate of human-machine interactions in natural languages, rising need for efficient regular messaging, and growing demand for voice assistants are also fueling growth in the global conversational AI market.

Poor Communication Quality May Hinder Market’s Growth

High costs of the products, risk associated with malfunctioning electronic devices, and poor communication quality are the major challenges in the global conversational AI market which are hampering growth of the market. Nonetheless, such deterrents may not impact the momentum expected in the global conversational AI market in the near term.

Global Conversational AI Market: Regional Outlook

Geographically, North America is expected to lead the global conversational AI market as the region has seen rapid technological advancements. Rising investments for enhancing AI and ML technologies, rapid adoption of conversational AI, and increasing governments’ investments on AI-based technologies are also responsible for fueling growth in the conversational AI market I this region.

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Global Market

Seed Paper Market Size, Share and Top Key Players During 2019-2027

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The report covers the forecast and analysis of the Seed Paper market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the Seed Paper market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Seed Paper market on a global level.

In order to give the users of this report a comprehensive view of the Seed Paper market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are bench marked based on their market size, growth rate, and general attractiveness.

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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service & product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the Seed Paper market by segmenting the market based on seed type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The rise in the number of persons inclined towards the usage of environment-friendly & recyclable items in order to protect the environment will prompt the business expansion during the forecast timeline. Apart from this, the seed replacement rate is predicted to play a key role in bridging the demand-supply gap of the product during the period from 2019 to 2027.

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Based on the seed type, the market for seed paper is classified into Flowers, Vegetables, Herbs, and Fruits. Application-wise, the industry is divided into Greeting Cards & Invitations, Business Cards, Coasters, Tea Packaging, Calendars, Tags & Bookmarks, and Paper Bag.

Some of the key players in the market include 21 Fools, AmericanMeadows.com, Bloomin, Botanical PaperWorks Inc., BuddyBurst, Burpee, Earthly Goods, Inc., Etsy, Green Field Paper Company, Iluminar Media Pvt. Ltd., Labora, Natural Branding, S.L., Porridge Papers, Seed Paper India, Symphony Handmade Paper, and Tomato & Co. among others.

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Industry Analysis

XRF Analyzer Market Growth, Opportunities and Market Forecast to 2023

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Global XRF analyzer market is anticipated to grow at a CAGR of 6.1% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (pharmaceutical, environmental, mining, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the XRF analyzer market on a global and regional level. The study provides historic data of 2013-2017 along with a forecast from 2018 to 2023 based on both output/volume and revenue.

Download Sample of This Strategic Report:https://www.kennethresearch.com/sample-request-10002662

The study then describes the drivers and restraints for the XRF analyzer market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the XRF analyzer market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global XRF analyzer market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the pharmaceutical, environmental, mining, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2023. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global XRF analyzer market.

Key Applications
– Pharmaceutical
– Environmental
– Mining

Key Regions
– North America
– Europe
– Asia Pacific
– Middle East and Africa
– South America

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Key Vendors
– AMETEK
– Baltic Scientific Instruments
– Bruker
– FPI
– Hitachi
– HORIBA
– Malvern Panalytical
– Olympus IMS
– Oxford Instruments
– Rigaku
– request free sample to get a complete list of companies

Key Questions Answered in this Report
– What will the market size be in 2023?
– What are the key factors driving the global XRF analyzer market?
– What are the challenges to market growth?
– Who are the key players in the XRF analyzer market?
– What are the market opportunities and threats faced by the key players?

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Kenneth Research

Email : [email protected]

Phone: +1 313 462 0609

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Industry Analysis

3D Telepresence Market Latest Trends, Development, Revenue, Demand And Forecast To 2022

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Telepresence refers to technologies that allow a person to give the appearance of being present or to feel as if he/she was present at a place other than his/her true location. Using Telepresence, the user’s movements, position, voice, actions etc. are sensed, transmitted to a remote location where they are duplicated. Telepresence allows people to reduce their carbon footprint, reduce their travel spend and improve their work/life balance, and improve their productivity.

Telepresence is widely used for video conferencing in group interactions like corporate meetings and is growing rapidly in an era of virtual offices. The evolution towards 3D is a meaningful step to improve the interaction and perception level between the corporate attendees.

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End-user
The end-users of 3D Telepresence technology are organizations having global presence who want to connect with their clients in a better way by establishing virtual conference rooms in their offices.

Market Dynamics
Global organizations trying to reduce the amount spent on traveling is one of the prime drivers for the adoption of 3D telepresence technology. Increase in the usage of high-quality telepresence equipment across health care, education and government sectors are other factors driving growth in this market. The sales of telepresence related components like camera, display devices, and microphones etc. is also expected to grow significantly in the near future.

The major constraint in this market is the high cost of installation which when taken care of will drive the demand of this technology manifold.

Market Segmentation

The market is segmented into video phones, video conferencing systems, webcam, VoIP, instant messaging and telepresence systems. 3D Telepresence has the potential to dominate this market in near future.
North America holds the largest share in telepresence market. In North America, U.S.A holds the largest share mainly due to the presence of major players of telepresence market in U.S.A. Technological innovations have increased the need for innovative and user-friendly communication systems in business hubs like China and India which will drive the need for 3D Telepresence systems ahead.

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Key Players

Some of the major players in the market include Avaya, AVer Information, Cisco Systems, Highfive, Huawei, Ericsson-LG, Librestream, LifeSize, Panasonic, Polycom, Sony, Trueconf, Vidyo, Zoom Video Communications.

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Kenneth Research

Email : [email protected]

Phone: +1 313 462 0609

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