Bot Services Market Surges to USD 12.95 Billion by 2030, Propelled by 25.81% CAGR – Verified Market Reports | PR Newswire [Video]

The Bot Services market is driven by several key factors, including the growing demand for automation and efficiency in customer service operations, as businesses seek to enhance user experience while reducing operational costs. The rapid advancements in artificial intelligence and natural language processing technologies are also fueling market growth, enabling bots to engage in more sophisticated and human-like interactions.

, /PRNewswire/ — The Global Bot Services Market is projected to grow at a CAGR of 25.81% from 2024 to 2030, according to a new report published by Verified Market Reports^®. The report reveals that the market was valued at USD 1.71 Billion in 2023 and is expected to reach USD 12.95 Billion by the end of the forecast period.

The increasing adoption of messaging platforms and social media is creating new opportunities for bot integration. However, the market faces certain restraints, such as concerns over data privacy and security, which can hinder widespread adoption. The complexity of developing and maintaining advanced …