The global Chatbot market is valued at $435.2 Million in 2018 and expected to reach $2306.3 Million by 2025 with the CAGR of 26.9% over the forecast period. Growing popularity of online messaging applications is the key factor contributing to the growth of the global Chatbot market.
We are all increasingly aware of the reality that robots play a major role in our lives now. Whether it is in physical form – as a helper during surgeries – or in software, as in a chatbot, we are all surrounded by a bevy of machines that influence our lives in very significant ways. That’s why it should come as no surprise that even the HR department of various organizations are considering using bots to replace their actual human resources!