Blog about AI Trends & Applications - Page 5

The conversational AI market is quickly heating up: valued in 2023 at USD 10.19 billion, it’s expected to reach USD 61.69 billion in 2032. Growing nearly six times over is no joke, right? That’s why today we want to explain what’s behind such rapid growth, and it’s much more than using ChatGPT for generating emails. You have more opportunities than...

Unless you’ve been living under a rock, you’ve probably noticed by now how many platforms, online stores, and apps are adopting AI chatbots – and it’s no wonder why! These powerful AI-driven bots are no longer just digital assistants: they are quickly becoming the beating heart of business. Modern chatbots are not limited to customer service – they can close sales,...

When it comes to business analytics, the statistics are clear on one point: businesses that leverage customer analytics are twice as likely to generate above-average profits and marketing revenue. However, raw data doesn’t bring results on its own: the real challenge is to make analytics accessible and actionable. This is where AI chatbots come in. Once you’ve completed chatbot implementation,...

Attracting and retaining users is becoming more and more challenging for businesses in any industry every year. Having a website has long been not just optional but a necessity – and artificial intelligence is bringing a new wave of innovations to update and enrich your online presence.  Words alone are enough to demonstrate how widespread the use of AI and...

Let's face it: every business is constantly striving to increase sales and make the customer experience more comfortable. A sales chatbot can help you do just that – and more.  According to the latest report, the global chatbot market size is expected to reach USD 27.2 million by 2030, with a compound annual growth rate (CAGR) of 23.3%. Why are...

AI voice identification has come a long way from a futuristic idea to something we use daily. In fact, the speech and voice recognition market is expected to hit USD 84.97 billion by 2032, up from USD 12.62 billion in 2023. That’s why voice application development is becoming a must for businesses that want to stay competitive. If you plan...