Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

The use of chatbots is on the rise

Opportunities

The Rise of the Chatbots

By 2029, it is predicted that chatting with chatbots will be indistinguishable from chatting with humans. At the moment, it is easy to figure out when we are talking to a chatbot, so it shall be interesting to see how well they develop over the next few years.

By 2025, the global chatbot market is expected to exceed $1.23 billion and will be growing by almost 25% each year. This makes sense, because more than 25% of the world’s population will be using some form of mobile messaging service, such as Facebook Messenger, by the next year. This is providing fertile soil upon which chatbots can grow and become ingrained into our lives.

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