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This study examines the Conversational AI Platform market, analyzing its market trends and forecasting its performance from 2017 to 2027. The market size of the Conversational AI Platform is projected to exceed USD 17 billion by 2027, driven by the increasing ubiquity of messaging and social media, and the adoption of Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. Enterprises are leveraging a combination of machine learning (ML) and natural language understanding (NLU) techniques to train assistants with industry-specific knowledge.
