Conversational Systems Market By Component (Compute Platforms, Solutions, and Services), By Type (Text Assistant, Voice Assisted, and Others), By Application (Branding & Advertisement, Customer Support & Personal Assistant, Data Privacy & Compliance, and Others), By End-user (BFSI, Healthcare & Life Sciences, Media & Entertainment, Retail & E-commerce, Telecommunication, Travel & Hospitality, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034

• Google LLC
• Artificial Solutions
• Baidu, Inc.
• Conversica, Inc.
• IBM Corporation
• Nuance Communications, Inc.
• Oracle Corporation
• SAP SE
• Microsoft Corporation

Recent News:

• In September 2023, Fujitsu launched new technologies to protect conversational AI from hallucinations and adversarial attacks. The newly developed technologies include a technique to detect hallucinations in conversational AI models, a phenomenon in which generative AI creates incorrect or unrelated output, and a method jointly developed at its small research lab at Ben Gurion University to detect phishing site URLs implanted in the responses of the AI through poisoning attacks that inject false information.
• In October 2023, LUMETO launched the first customizable AI-driven conversational system, “InvolveXR platform” for healthcare simulation in VR. The platform is equipped with a Large Language Model (LLM) based on an AI-driven customizable conversational system, enabling unprecedented adaptability for simulating virtual patient encounters. InvolveXR is a fully immersive and highly flexible XR Simulation Lab for institutions looking to deploy immersive training and assessment across the healthcare spectrum.