The chatbot market
According to relevant data, the global chatbot market size was approximately 700 million US dollars in 2016 and reached 1.17 billion US dollars in 2018, with a growth rate of 67%, which is a relatively large growth rate. According to the global chatbot market forecast report, the chatrobot-related market will accelerate its growth from 2019 to 2026, with a compound annual growth rate of 30.9%, and 30% will be applied in the customer service field.
Chatbots have a wide range of applications and play significant roles. It is expected that by 2020, chatbots will facilitate 85% of customer service interactions, and by 2022, chatbots will save over 8 billion US dollars in costs annually.
Chatbot technology is constantly evolving and its practical effects are becoming increasingly prominent
The technology used to build chatbots was early rule-based and keyword-driven, without the need to understand the scenarios and meanings of the input messages. With the advent of artificial intelligence, chatbots can use technologies such as natural language processing to understand language and intentions and make corrections.
Chatbot technology involves artificial intelligence such as natural language understanding (NLU), natural language generation (NLG), and speech recognition (ASR). At present, the functions of natural language understanding include technologies such as user intention recognition, user emotion recognition, anaphora resolution, omitted responses, response confirmation and rejection judgment. Natural language generation can automatically generate user-oriented natural language feedback based on the non-verbal information produced in the dialogue management section, including retrieval expressions and generative expressions.





