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Conversational AI Market Worth $54.1 Billion by 2031- Exclusive Report by Meticulous Research®

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REDDING, Calif., July 23, 2024 /PRNewswire/ — According to a new market research report titled, ‘Conversational AI Market by Offering, Application, Organization Size, Deployment Mode, Sector (IT & Telecommunications, BFSI, Retail & E-commerce, Healthcare & Life Sciences, Travel & Hospitality, Education, Manufacturing)—Global Forecast to 2031, the global conversational AI market is projected to reach $54.1 billion by 2031, at a CAGR of 23.9% during the forecast period.

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Conversational AI is the branch of artificial intelligence that supports human-to-computer and computer-to-human interactions. Conversational AI plays an important role in applications such as customer service, information technology service management, human resource management, sales & marketing management, operations and supply chain management, finance and accounting, and other applications. Conversational AI solutions help to reduce the time and effort required by humans to perform time-consuming tasks. Conversational AI aims to learn from human conversations to make digital systems easy and intuitive to use. It saves time, so humans give their precious time to focus on manual tasks. Conversational AI Services combine all the technologies such as natural language processing (NLP), machine learning, deep learning, and artificial intelligence with traditional software such as chatbots, voice assistants, or voice recognition systems to help customers through either spoken written text or typed interface.

The growth of the conversational AI market is driven by the surge in demand for conversational AI solutions to improve call center operations and the proliferation of voice-enabled devices. However, a lack of accuracy in recognizing regional accents and dialects and low awareness about conversational AI solutions restrains the growth of this market. The high potential of AI-enabled voice assistants in the healthcare industry and the increasing proliferation of conversational AI solutions for sales and marketing management are expected to create growth opportunities for the players operating in the conversational AI market. However, data privacy and security concerns are a major challenge for market growth. Furthermore, AI chatbots with high emotional intelligence & the rise of voice-enabled assistants are the key trends observed in the conversational AI market.

The global conversational AI market is segmented by offering (solutions [chatbots, intelligent virtual assistants, speech recognition solutions, other conversational AI solutions], services (professional services, managed services), applications (customer service, information technology service management, human resource management, sales and marketing management, operations & supply chain management, finance and accounting, other applications), organization size (large enterprises, small & medium-sized enterprises), deployment mode (cloud-based deployment, on-premise deployment), sector(IT & telecommunications, BFSI, retail & e-commerce, healthcare & life sciences, travel & hospitality, education, government & public sector, media & entertainment, energy & utilities, manufacturing, and other sectors). The study also evaluates industry competitors and analyzes the market at regional and country levels.

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By offering, in 2024, the solutions segment is expected to account for the largest share of over 76.0% of the global conversational AI market. The large market share of this segment is attributed to the increasing focus on solution-centric automation capabilities, several solution providers investing in R&D, and the growing adoption of conversational AI solutions in various industries.

Additionally, this segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing deployments of chatbots and digital assistants, a surge in demand for IVR systems, and initiatives by companies to launch speech recognition solutions and content management solutions.

By application, in 2024, the customer service segment is expected to account for the largest share of over 27.0% of the global conversational AI market. The large market share of this segment is attributed to the growing demand for digital assistants and chatbots in customer service for answering FAQs, increasing usage of AI-powered chatbots or virtual assistants for account management, rising need to analyze customer queries or statements, and conversational AI for multilingual support. However, this segment is also projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing usage of conversational AI for payment management and the increasing need for conversational AI for order tracking and order updates.

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By organization size, in 2024, the large enterprises segment is expected to account for the larger share of above 63.0% of the global conversational AI market. The large market share of this segment is attributed to the keen focus on developing strategic IT initiatives by large enterprises, the growing need to handle large volumes of customer-level data, early adoption of advanced technologies in retail, manufacturing, healthcare, and automotive sectors, and the growing need for better insights into customer responses. However, the small & medium-sized enterprises segment is projected to register the highest CAGR during the forecast period.

By deployment mode, in 2024, the cloud-based deployment segment is expected to account for the larger share of over 67.0% of the global conversational AI market. This segment’s large market share is attributed to the rising demand for benefits such as easy maintenance of customer data, cost-effectiveness, and scalability and the growing demand for conversational AI solutions for multi-cloud deployments.

Additionally, this segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing implementations of cloud-based conversational AI and ongoing efforts by companies to launch cloud-based chatbots and digital assistants.

By sector, in 2024, the IT & telecommunications segment is expected to account for the largest share of over 28.0% of the global conversational AI market. The large market share of this segment is attributed to the increasing adoption of AI solutions for fraud detection and prevention, the surge in demand for conversational AI to improve call center operations, exerting efforts by companies to launch chatbots for IT service management, rising need for network optimization and maintenance.

Additionally, this segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing implementation of chatbots and digital assistants to address a variety of IT customer questions and the growing need to resolve IT service issues quickly.

By geography, in 2024, North America is expected to account for the largest share of over 37.0% of the global conversational AI market. However, the Asia-Pacific region is projected to register the highest CAGR of over 26.0% during the forecast period. The growth of this regional market is driven by the growing emphasis of companies on launching chatbots and virtual assistants in the Asia-Pacific region, the growing demand for chatbots and voice assistant solutions, and the increasing demand for AI-powered customer support services.

The key players operating in the global conversational AI market are Google LLC (U.S.), Microsoft Corporation (U.S.), Amazon Web Services, Inc. (a subsidiary of Amazon.com, Inc.) (U.S.), Oracle Corporation (U.S.), International Business Machine Corporation (U.S.), NVIDIA Corporation (U.S.), Baidu, Inc. (China), Verint Systems Inc. (U.S.), SAP SE (Germany), AT & T Inc. (U.S.), Conversica, Inc. (U.S.), AssemblyAI, Inc.(U.S.), Kore.ai Inc. (U.S.), OpenAI OpCo, LLC (U.S.), and DRUID S.A. (Romania).

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Scope of the Report:

Conversational AI Market Assessment—by Offering 

SolutionsChatbotsIntelligent Virtual AssistantSpeech Recognition SolutionsOther Conversational AI SolutionsServicesProfessional ServicesManaged Services

Conversational AI Market Assessment—by Application 

Customer ServiceInformation Technology Service ManagementHuman Resource ManagementSales and Marketing ManagementOperations and Supply Chain ManagementFinance and AccountingOther Applications

Conversational AI Market Assessment—by Organization Size

Large EnterprisesSmall & Medium-sized Enterprises

Conversational AI Market Assessment—by Deployment Mode

Cloud-based DeploymentsOn-premise Deployments

Conversational AI Market Assessment—by Sector

IT & TelecommunicationsBFSIRetail & E-commerceHealthcare & Life SciencesTravel & HospitalityEducationGovernment & Public SectorMedia & EntertainmentEnergy & UtilitiesManufacturingOther Sectors

Conversational AI Market Assessment—by Geography

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainNetherlandsRest of EuropeAsia-PacificChinaJapanIndiaSouth KoreaSingaporeRest of Asia-PacificLatin AmericaBrazilMexicoRest of Latin AmericaMiddle East & AfricaUAEIsraelRest of Middle East & Africa

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Related Reports:

Speech and Voice Recognition Market by Function (Speech, Voice Recognition), Technology (AI and Non-AI), Deployment Mode (Cloud, On-premise), End User (Consumer Electronics, Automotive, BFSI, Other End Users), and Geography – Global Forecast to 2030

Speech-to-text API Market by Offering (Solutions, Services), Deployment Mode, Organization Size, Application (Transcription, Customer Experience & Analytics, Subtitle & Caption Generation), End User (B2B, B2C, B2G, G2C), Geography – Global Forecast to 2030

Healthcare Virtual Assistant Market by Product (Chatbot And Smart Speaker), Technology (Speech Recognition, Text-To-Speech, And Text Based), End User (Providers, Payers, And Other End User), And Geography – Global Forecast To 2025

Speech Analytics Market by Component, Application (Customer Experience Management, Sales & Marketing Management, Risk & Compliance Management, Fraud Detection & Security Applications), Organization Size, Deployment Mode, End-use Industry (IT & Telecommunications, BFSI, Retail & Consumer Goods, Healthcare & Life Sciences, Business Process Outsourcing) – Global Forecast to 2029

Natural Language Processing Market by Component, Organization Size, Application, Sector (IT & Telecommunications, BFSI, Retail & E-commerce, and Healthcare & Life Sciences) – Global Forecast to 2030

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Americas Cardroom’s OSS XL Generates $7.2M in Four Days

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The opening 93 tournaments draw 62,847 entries as 33 events exceed guarantees.

SAN JOSE, Costa Rica, Sept. 11, 2026 /PRNewswire/ — Americas Cardroom’s Online Super Series XL generated $7,216,985 in prize pools and recorded 62,847 entries during its opening four days, excluding entries from tournament flights.

From Sept. 6-9, 93 tournaments ran and the completed numbered schedule reached OSS XL #70. Thirty-three tournaments exceeded their guarantees by a combined $217,170.

OSS XL #13 produced the largest prize pool. The $630 buy-in High Roller drew 1,118 entries and turned its $600,000 guarantee into a $670,800 prize pool. BADGERING won $130,210 for first place.

The $2,650 OSS XL #16 also topped its $500,000 guarantee, drawing 203 entries for $507,500. After a final-table deal, NewYorkMidgets was listed first for $95,312, KevinParCoeur second for $93,875 and Olivander1 third for $87,459.

At the lower buy-in level, the $16.50 OSS XL #11L Sunday Splash produced the series’ biggest field to date. Its 4,752 entries came from 3,024 unique players, and lukewarmwater earned $10,953 for the win.

In Mystery Bounty event OSS XL #12, the player finishing 43rd collected the tournament’s $15,120 top bounty.

Leaderboard competition is underway across High, Medium and Low divisions, with more than $60,000 in added cash and tournament tickets available. GROOTHEDEGEN leads the High standings with 2,381.59 points, while FEEDTHEPENGUIN tops Medium with 599.85 points.

Four multi-flight events with $2.225 million in combined guarantees are underway. The first of three Main Events begins this Sunday. The event guarantees $500,000 with a $66 direct buy-in and satellites from $6.60.

OSS XL runs through Sept. 29 with 336 events and more than $50 million guaranteed. Upcoming tournaments, buy-ins and start times are listed on the promotion page.

About Americas Cardroom

Americas Cardroom is one of the world’s leading online poker destinations, serving players since 2001. Known for major tournament series, innovative promotions, and a commitment to the poker community, the company is celebrating its 25th anniversary in 2026 while continuing to expand its tournament offerings and deliver world-class online poker experiences to players across the globe.

Media Contact:
Adam Neal
Americas Cardroom Pros Manager
Email: 422447@email4pr.com 
Phone: +44 7845 582487

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SOURCE Americas Cardroom

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Ink Different Tattoos Announces Long Island Partnership with Obscura – Art, Tattoo + Body Mod. Studio

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In Collaboration with Long Beach’s Obscura and Artist Taryn Elise, Ink Different Expands Its College-Alternative Tattoo Apprenticeship to Long Island, New York

LONG BEACH, N.Y., Sept. 11, 2026 /PRNewswire-PRWeb/ — Ink Different Tattoos is proud to announce the launch of its newest tattoo apprenticeship location in Long Beach, New York, in collaboration with Obscura – Art, Tattoo + Body Mod. Studio, a private custom studio founded and led by 15-plus-year tattooing veteran Taryn Elise. This partnership brings Ink Different’s structured, real-world apprenticeship program to Long Island’s South Shore, offering aspiring Tattoo Artists a clear path into a professional, AI-proof creative career inside a studio that was purpose-built to help artists thrive.

“What drives Taryn Elise as a mentor is something we deeply respect,” says Paul-Anthony Surdi of Ink Different Tattoos. “She set out to give her apprentices an experience that is encouraging, honest, and built entirely around their success.”

“What drives Taryn Elise as a mentor is something we deeply respect,” says Paul-Anthony Surdi of Ink Different Tattoos. “She set out to give her apprentices an experience that is encouraging, honest, and built entirely around their success. That’s a philosophy we share, and it’s exactly why Obscura is the right home for a Long Island apprenticeship.”

Obscura – Art, Tattoo + Body Mod. Studio is a warm, inclusive boutique studio built around custom tattooing, body modification, and an intentional creative environment where both clients and artists genuinely feel at home. Leading the apprenticeship program is Taryn Elise, founder of Obscura. As a mentor, she provides the encouraging, open-minded learning environment that apprentices should have. Taryn’s work spans detailed custom illustrative pieces, fine-line and single-line tattooing, and a broad stylistic range built on 15-plus years of real-world practice.

A College Alternative in Long Beach

Ink Different’s Tattoo Apprenticeship is designed as a structured college alternative for talented artists aspiring to become professional Tattoo Artists. Instead of taking on student debt for a four-year degree, apprentices learn the trade of tattooing with Ink Different and studios like Obscura, receiving hands-on experience, one-on-one mentorship, and professional development over 18–24 months.

Tattooing is an AI-proof career, driven by human creativity, craftsmanship, and personal connection. With professional Tattoo Artists earning a median income of around $106,000 per year, the apprenticeship offers a practical pathway from passion to profession.

Graduates complete the program industry-ready, with a guaranteed job offer upon successful completion and the skills needed to thrive in today’s competitive tattoo industry.

Now Enrolling in Long Beach

Applications are now open for the Ink Different Tattoo Apprenticeship at Obscura in Long Beach. Whether you’re a recent graduate exploring a college alternative or someone ready to commit to a creative career, this program offers structure, deeply personal mentorship, and a clear path forward inside one of Long Island’s most distinctive and community-driven studios.

Learn more or apply at: becomeatattooartist.com

About Ink Different Tattoo Apprenticeship

Ink Different Tattoos is reshaping what it means to pursue a career in tattooing, swapping the traditional college route for hands-on apprenticeships in working studios nationwide. Grounded in excellence, equal opportunity, and a focus on lasting career success, the company pairs aspiring Tattoo Artists with dedicated one-on-one mentors and backs every graduate with a guaranteed job offer. Its Traditional and Master Mentorship tracks have made Ink Different a leading name in professional tattoo education across the country.

Media Contact

Maria Zacarias, Ink Different Tattoo Co., 1 917-227-2842, maria@inkdifferenttattoos.com

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SOURCE Ink Different Tattoo Co.

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March Networks and VIVOTEK Showcase Integrations Across Combined Portfolio at GSX 2026

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New integrations and customer deployments demonstrate Connected Intelligence and strong momentum following the April merger.

ATLANTA, Sept. 11, 2026 /PRNewswire/ — Five months after joining forces, March Networks®, a global leader in video surveillance and business intelligence, and VIVOTEK, a leading global security solutions provider, will exhibit jointly at Global Security Exchange (GSX) 2026 for the first time.

At booth 1823, September 14–16 at the Georgia World Congress Center in Atlanta, the combined organization will demonstrate how Connected Intelligence for Modern Security brings together video, AI, cloud, business intelligence and third-party systems to give customers better operational intelligence and faster ways to act on it.

“We said from the beginning that bringing March Networks and VIVOTEK together would create meaningful value for our customers and partners,” said Net Payne, Chief Sales & Marketing Officer. “Now we can point to real examples of that happening in the technologies we’re connecting, the systems we’re deploying and the way we’re operating as one company. GSX allows us to show that progress together on a global stage.”

Five months in: the merger is delivering

Since the April merger, teams across both organizations have been connecting technologies and expertise to create practical new capabilities for customers.

At GSX, attendees will see several examples:

Broader VIVOTEK camera support within March Networks environments, giving customers additional device choice and a seamless experience.New C•CURE integration with March Networks Command Enterprise Software, bringing access control events and video together in a single pane of glass.VORTEX, VIVOTEK’s award-winning surveillance platform, integrates with Searchlight Cloud, extending operational intelligence capabilities into direct-to-cloud video environments.Searchlight AI is included for Searchlight Cloud customers, providing natural-language video search without an additional license cost.Expanded face and license plate search and re-search across compatible cameras and devices.VIVOTEK Chroma24 camera delivers clear, full-color video in ultra-low-light environments, improving AI detection and video search.

What a connected ecosystem looks like in practice

GSX will also demonstrate how the March Networks and VIVOTEK combination fits within Delta Electronics’ broader Building Automation business, creating opportunities to draw on Delta’s capabilities in AI, cloud services, edge computing, intelligent buildings, manufacturing and supply chain.

“A North American apparel brand with more than 500 stores was evaluating a competitor’s cloud-based analytics solution,” said Jeff Corrall, Chief Product Officer for March Networks and VIVOTEK. “We were able to integrate VIVOTEK’s advanced cameras, the VORTEX cloud platform, and March Networks’ operational intelligence software into a tailored solution that strengthens store security while using AI to measure foot traffic and checkout efficiency. That combination gave the customer the confidence to choose us.”

Integration beyond technology

The merger is also bringing the organizations closer together behind the scenes, from product roadmaps and R&D to manufacturing, sourcing and supply management. It gives March Networks and VIVOTEK greater access to Delta’s global manufacturing and supply chain resources, strengthening material management and supporting greater factory automation.

For customers and partners, that means the merger is strengthening not only the portfolio, but also how solutions are developed, sourced, and delivered.

“We’re still early in this journey, but we’re already seeing what becomes possible when we bring these teams and technologies together,” Payne concluded. “The customer deployments and integrations we’re showing at GSX are tangible examples of that progress. Our focus is on building those connections in ways that solve real problems and give customers better information when and where they need it.”

Visitors can experience March Networks and VIVOTEK together at GSX 2026, booth 1823. Members of the media are invited to meet with executives at the show for additional updates on the merger, ongoing integrations, and what comes next for the combined organization.

About March Networks

March Networks® is a global leader in intelligent video solutions, helping enterprise and small to medium-sized businesses turn video into actionable intelligence. With over 25 years of experience, the company serves 1,500+ financial institutions, 600+ retailers, and 900+ commercial and industrial brands. March Networks ranks No. 8 among NVR vendors outside China and No. 10 worldwide, according to Novaira Insights*. Our cloud-based technologies combine video surveillance with AI analytics, POS, IoT, and ATM integration to enhance security, efficiency, and the customer experience. Backed by a global network of certified partners, we support customers in 75+ countries with flexible, scalable, open-platform solutions. Headquartered in Ottawa, Canada, and owned by Delta, a global leader in power and thermal management, March Networks operates as part of the Security Solutions group within Delta Intelligent Building Technologies and is a trusted partner and innovator in cloud-based, AI-powered video surveillance.

Learn more at www.marchnetworks.com.

*Source: Novaira Insights – World market for video surveillance hardware and software – 2026 edition.

About VIVOTEK

Founded in Taiwan in 2000, VIVOTEK is a leading global intelligent security solutions provider with over 25 years of industry experience. VIVOTEK has offices in the U.S., Japan, the Netherlands, India and Mexico. Working with over 200 authorized distributors in more than 75 countries, VIVOTEK has been widely recognized for cutting-edge imaging and audio technologies, focusing on AI network cameras, video management software, and cloud surveillance services. The company extensively integrates AI, deep learning, and edge computing into its video solutions. VIVOTEK joined the Delta Group in 2017 and has become a key part of the Security Solutions group within Delta Intelligent Building Technologies, focusing on safety and intelligence.

Learn more at www.vivotek.com.

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SOURCE March Networks Corporation

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