Chatbots market is expected to grow at a CAGR of 27.3% in the forecast period of 2020 to 2027.Data Bridge Market Research report on chatbots market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.Chatbots is a computer program designed to simulate chat with human users, over the Internet.The chatbot ecosystem includes several cross-linking features that enable enhanced performance of chatbots in various applications.Many companies prefer in-built chatbots on their websites as they facilitate companies in providing immediate customer interaction.Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-chatbots-marketMajor Market Competitors/Players: Global Chatbots MarketSome of the major players operating in the global chatbots market are IBM, Nuance Communications, Inc., eGain Corporation., Creative Virtual Ltd., Artificial Solutions, Next IT Corp., [24]7.ai, Inc., CX Company, Speaktoit, Inc., iDAvatars, Baidu, Inc, Poncho, Kik., WeChat., Varo, Babylon, ReplyYes, SRI International, Inbenta Technologies Inc., Anboto, among others.Market Segmentation: Global Chatbots MarketThe global chatbots market is segmented into type, industry vertical, usage, deployment type, end user and by geography.Based on type, the global chatbots market is segmented into software and services.Services are further segmented into professional services and managed services.On the basis of usage, the global chatbots market is segmented into websites, contact centres, social media, and mobile platform.On the basis of industry vertical, the global chatbots market is segmented into financial services, healthcare, communication, retail, travel and hospitality, government, education, utilities and others.On the basis of deployment type, the global chatbots market is segmented into on-premises and on-cloud.On the basis of end user, the global chatbots market is segmented into small and medium enterprises, large enterprises.Competitive Analysis: Global Chatbots MarketThe global chatbots market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.