Brazil Conversational Ai Market Size & Outlook, 2023-2030
Brazil conversational ai market, 2017-2030 (US$M)
Related Markets
Brazil conversational ai market highlights
- The Brazil conversational ai market generated a revenue of USD 433.9 million in 2023 and is expected to reach USD 1,893.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 23.4% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Managed Services is the most lucrative component segment registering the fastest growth during the forecast period.
Conversational ai market data book summary
| Market revenue in 2023 | USD 433.9 million |
| Market revenue in 2030 | USD 1,893.9 million |
| Growth rate | 23.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Managed Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Managed Services, Professional Services |
| Key market players worldwide | Alphabet Inc Class A, Microsoft Corp, Amazon.com Inc, International Business Machines Corp, Oracle Corp, Fidelity National Information Services Inc, SAP SE, Artificial Intelligence Technology Solutions Inc, Zoom Video Communications Inc, Rasa, Nuance Communications, Kore.ai, Avaamo, Conversica, Haptik, Pypestream, Kasisto, Cognigy GmbH |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.6% of the global conversational ai market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico conversational ai market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,143.4 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
Conversational AI Market Scope
Conversational AI Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil conversational ai 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 conversational ai market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 60.43% in 2023. Horizon Databook has segmented the Brazil conversational ai market based on solution, managed services, professional services covering the revenue growth of each sub-segment from 2017 to 2030.
Reasons to subscribe to Brazil conversational ai 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 Brazil conversational ai market databook
-
Our clientele includes a mix of conversational ai 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 country-level data and insights on the Brazil conversational ai market , including forecasts for subscribers. This country databook contains high-level insights into Brazil conversational ai market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil conversational ai market size, by component, 2017-2030 (US$M)
Brazil Conversational AI Market Outlook Share, 2023 & 2030 (US$M)
Related regional 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
