Europe Chatbot Market Size & Outlook, 2024-2030
Related Markets
Europe chatbot market highlights
- The Europe chatbot market generated a revenue of USD 1,533.7 million in 2023.
- The market is expected to grow at a CAGR of 22.8% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating offering in 2023.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,533.7 million |
| Market revenue in 2030 | USD 6,442.7 million |
| Growth rate | 22.8% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Artificial Intelligence Technology Solutions Inc, EGain Corp, International Business Machines Corp, Verint Systems Inc, Nuance Communications, Inbenta, Creative Virtual, Botsify, Aivo, Acuvate, 24/7 Customer |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.3% of the global chatbot market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,394.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Chatbot Market Scope
Chatbot Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 24/7 Customer | View profile | 5001-10000 | San Jose, California, United States, North America | https://www.247-inc.com |
| Acuvate | View profile | 251-500 | Hyderabad, Andhra Pradesh, India, Asia | https://acuvate.com/ |
| Aivo | View profile | 101-250 | Córdoba, Cordoba, Argentina, South America | http://www.aivo.co |
| Botsify | View profile | 11-50 | Karachi, Sindh, Pakistan, Asia | https://www.botsify.com |
| Creative Virtual | View profile | 51-100 | London, England, United Kingdom, Europe | http://www.creativevirtual.com |
| Inbenta | View profile | 101-250 | Sunnyvale, California, United States, North America | https://www.inbenta.com |
| EGain Corp | View profile | - | - | - |
| Verint Systems Inc | View profile | 3700 | 175 Broadhollow Road, Suite 100, Melville, NY, United States, 11747 | https://www.verint.com |
| Nuance Communications | View profile | 5001-10000 | Burlington, Massachusetts, United States, North America | http://www.nuance.com |
| Artificial Intelligence Technology Solutions Inc | View profile | 90 | 10800 Galaxie Avenue, Ferndale, MI, United States, 48220 | https://aitx.ai |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Europe chatbot market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chatbot market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 62.67% in 2024. Horizon Databook has segmented the Europe chatbot market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
The chatbot market in Europe is growing steadily as businesses embrace digital solutions to enhance customer engagement. AI-driven chatbots are increasingly being adopted across sectors such as retail, Data Privacy & Compliance, and finance. The region's strong regulatory focus on data privacy and security has made companies cautious yet keen on chatbot solutions.
Reasons to subscribe to Europe chatbot market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe chatbot market databook
-
Our clientele includes a mix of chatbot market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe chatbot market , including forecasts for subscribers. This continent databook contains high-level insights into Europe chatbot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe chatbot market size, by country, 2017-2030 (US$M)
Europe Chatbot Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
