FUTURE OF CHATBOT TECHNOLOGY.


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Uploaded on Jun 18, 2020

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FUTURE OF CHATBOT TECHNOLOGY.

FUTURE OF CHATBOT TECHNOLOGY INTRODUCTION • Artificial Intelligence (AI) will be a mainstream customer experience investment in the next couple of years.  • 47% of organizations will use Chatbots for customer care and 40% will deploy virtual assistants. Source: Google Image TRENDS • There are over 300,000 chatbots on Facebook • The top industries profiting from chatbots are real estate, travel, education, healthcare, and finance • 80% of businesses are expected to have some sort of chatbot automation by 2020 Source: Google Image TRENDS • Over 50% of customers expect a business to be open 24/7 • Chatbots can save up to 30% in customer support costs • The chatbot market value was at $703 million in 2016 Source: Google Image FUTURE OF CHATBOT TECHNOLOGY • Chatbots will be more human – As per Global Market Insights, the overall market size for chatbots worldwide would be over $1.3 billion by 2024.  Source: Google Image FUTURE OF CHATBOT TECHNOLOGY • Use of AI in contact centres – AI chatbot trends aim at saving costs significantly when businesses upgrade to AI.  Source: Google Image FUTURE OF CHATBOT TECHNOLOGY • Messaging platforms as a growth driver for Chatbots – 68% of consumers note that messaging is the most convenient way to stay connected with businesses. Source: Google Image FUTURE OF CHATBOT TECHNOLOGY • Voice bots are becoming mainstream – Voice recognition technology continues to improve in accuracy, and advanced services are getting added to it. Source: Google Image FUTURE OF CHATBOT TECHNOLOGY •  Social media will dominate the adoption of AI – Chatbots are popular with customers too — over 2 billion brands every month using automated systems. Source: Google Image FUTURE OF CHATBOT TECHNOLOGY •  Chatbots will automate payments  – Chatbots are drastically changing the way businesses interact with customers, manage campaigns for lead generation and automate payments. Source: Google Image THANK YOU