The global Voicebots market is expected to grow at CAGR of 35% from 2018-2023. The major driving force of this market is that it has replaced the usage of apps with increasing efficiency.
The Global Voicebots market size is estimated to reach $98.2 billion by 2027, growing at a CAGR of 18.6% during the forecast period 2022-2027, attributed to the increasing adoption of smart home devices with in-built automatic speech recognition technology, growing penetration of smart speakers & smartphones and so on.
Chatbot conference organized by Chatbot Life is among the best conferences for all the chatbot enthusiasts, bot entrepreneurs, and bot investors. It gave a perspective on where the market stands today and where it is heading in the future. As a co-founder of a chatbot company, I found the sessions to be useful to make the right business and technology decisions. Following is an attempt to summarise my learnings from the session.