Page 31 - Futr Investment Proposal

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Market Overview

The Chatbot market is forecast to grow rapidly

The Chatbot Market is set to grow from its current market value of
more than US$250million to over US$1.34billion by 2024, according to
a new research report by Global Market Insights.

Futr state over 5 billion people use messaging apps every month and
most product / service providers don't have the tools to reach them.

The chatbot market growth is attributed to the evolving usage of
chatbots for content marketing activities such as digital marketing and
advertising, with technological capabilities, individuality, and
customisation being the main feature for accelerating market growth.
Chatbots assist the businesses to interact and engage with customers.
They offer personalised marketing capabilities, such as sending
individualised messages, to meet the rising consumer requirements.

http://www.softwaretestingnews.co.uk/chatbot-market-to-reach-us1-
34billion-by-2024/