target audience: TECH SUPPLIER  Publication date: Jun 2024 - Document type: Market Share - Doc  Document number: # US51619424

Worldwide Conversational AI Software Services Market Shares, 2023: All Boats Rising on the GenAI Tide

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  • Hayley Sutherland Loading
  • David Schubmehl Loading

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Abstract


This IDC study presents a view of worldwide conversational AI software services revenue broken down by vendor for the calendar year 2023.

"Following a mild dip in acceleration in the challenging year of 2022, the conversational AI software services market growth rate recovered in 2023, with the market growing 31% to over $5.8 billion," said Hayley Sutherland, research manager, Conversational AI and Knowledge Discovery at IDC. "As technology suppliers and buyers alike begin to see ROI from generative AIā€“based features and products, IDC expects this to continue to be a crowded, competitive, and quickly evolving space."



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