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By February of 2023, the chatbot created by software company OpenAI had garnered 100 million unique visitors , making it the fastest-growing consumer app ever to have been released. The AI chatbot application can respond to written prompts to generate stories, essays, articles, answers to questions, code sequences, and even jokes and poems.
Instead, aim for seamless tech that serves a purpose; an intuitive app that remembers preferences, digital receipts that reduce paper clutter, or chatbots that don’t talk like robots. The global market for video surveillance is expected to reach $145 billion by 2029, growing at an impressive annual rate of over 12%.
We’re positive you’ll agree that chatbots have become a significant part of our everyday lives. Judging by the market situation today, it seems like chatbots are here to stay. Although chatbots aren’t being used to their full potential, the new millennium has brought a change for the better.
From writing product descriptions to automating customer support queries with chatbots, the opportunities to implement AI are limitless. AI-powered chatbots accelerate response times Another trend among ecommerce businesses is implementing AI-powered chatbots to help resolve customer problems and answer queries faster than humans alone.
billion by 2029, according to Fortune Business Insights and Markets and Markets. Chatbots and AI: Incorporate automated messaging services that use AI. The CPaaS market has been experiencing significant growth. The market size is valued at USD 8.73 billion and is projected to grow to USD 45.3
Elevating Customer Journey With Phygital Experiences According to a survey conducted by Statista on Retail Technology , the global market of such virtual fitting rooms would climb up to 15 billion USD by 2029. Imagine stepping into a store where the physical and digital worlds collide, creating an extraordinary interactive experience.
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