GDPR compliance presents certain challenges when it comes to customer data collection via this avenue.

The article cited AMA's "Global Conversational AI Platform Market Study" explored CAGR of 30.2%. According to the report, Rapid Rise in Smart Speakers and Voice Search are Accelerating Conversational AI Adoption is one of the primary growth factors for the market. Growing Adoption of AI-Powered Chabot’s by Small and Large Enterprises is also expected to contribute significantly to the Conversational AI Platform market. Overall, Lead Generation applications of Conversational AI Platform, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Input Type, such as Speech or Voice-Based, is boosting the Conversational AI Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment Type, such as Cloud-based, is boosting the Conversational AI Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as Deep Learning, is boosting the Conversational AI Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as BFSI, is boosting the Conversational AI Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Operating System, such as IOS, is boosting the Conversational AI Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Conversational AI Platform market identified that the demand is rising in many different parts of the world as "Potential to Use AI-Powered Chatbots to Improve Conversion Rates, While Providing Operational Efficiencies ". Furthermore, some recent industry insights like "On June 17, 2019, Avaamo, the leader in conversational AI technology, has joined the Automation Anywhere Technology Alliance Program to help deliver a comprehensive automation solution to enterprises. and On September 6, 2018, Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions has announced a global strategic partnership with Avaamo, a leader in conversational artificial intelligence (AI). This partnership will include developing and delivering conversational AI solutions for global enterprises." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Conversational AI Platform market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Conversational AI Platform market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Conversational AI Platform market size is calculated using market estimation process, the Conversational AI Platform market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Conversational AI Platform market size has been validated using both top-down and bottom-up approaches.