Categories: Wire Stories

Bangladesh Conversational Commerce Industry Poised for Significant Growth, Reaching US$1.1 Billion by 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Bangladesh Conversational Commerce Market Intelligence and Future Growth Dynamics Databook – 75+ KPIs on Conversational Commerce Trends by End-Use Sectors, Operational KPIs, Product Offering, and Spend By Application – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering.


The burgeoning conversational commerce market in Bangladesh is projected to witness an impressive growth trajectory, with an expected annual increase of 20.5%, resulting in a market value of US$0.5 billion in 2023.

This luminous growth is not a transient trend; rather, the industry is poised to maintain a robust Compound Annual Growth Rate (CAGR) of 18.1% from 2022 to 2028, culminating in a transaction value that could ascend to US$1.1 billion by the year 2028.

Key Market Drivers Identified in the Conversational Commerce Industry in Bangladesh

A pivotal report provides an extensive, data-driven analysis of the conversational commerce industry in Bangladesh. This analysis spans across several key performance indicators (KPIs) such as:

  • Transaction Value
  • Transaction Volume
  • Average Value Per Transaction

The comprehensive breakdown extends to diverse components of conversational commerce, including:

Bangladesh’s Market Segmentation by Virtual Assistant Type:

  • AI-Based Virtual Assistants
  • Non-Intelligent Chatbots

Industry Breakdown by Communication Platforms:

  • Chatbots
  • Digital Voice Assistants
  • OTT Messaging
  • RCS Messaging

Analysis of Specific Sectors

In-depth sector-specific insights offer a panoramic view of conversational commerce’s role across various industries such as Retail Shopping, Travel & Hospitality, Online Food Service, Media and Entertainment, Healthcare and Wellness, Financial Services, and Technology Products and Services.

Conversational Commerce’s Organizational Impact

The report delves into the market size forecasts categorized by organization sizes ranging from:

  • Large Enterprise
  • Medium-Sized Enterprise
  • Small Enterprise

Total Spend Outlook for Bangladesh in Conversational Commerce

An evaluative perspective on the expenditure on applications within the conversational commerce market illustrates spend allocation across:

  • Software Application
  • IT Services
  • Consulting Services

Key Attributes:

Report Attribute Details
No. of Pages 115
Forecast Period 2023 – 2028
Estimated Market Value (USD) in 2023 $0.47 Billion
Forecasted Market Value (USD) by 2028 $1.09 Billion
Compound Annual Growth Rate 18.0%
Regions Covered Bangladesh

For more information about this report visit https://www.researchandmarkets.com/r/7rsp5d.

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T. Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Alex

Recent Posts

VinFast officially delivers VF 5 electric cars in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 22 November 2024 - VinFast Auto has officially…

7 hours ago

AlphaX Makes Crypto Easier with Email Login and USDT Memecoins

SYDNEY, AUSTRALIA - Media OutReach Newswire - 22 November 2024 - The global cryptocurrency market…

8 hours ago

Vincom Retail: A Catalyst Driving Vietnam’s Retail Future

HANOI, VIETNAM – Media OutReach Newswire - 22 November 2024 - By capitalizing on its…

12 hours ago

How 5G Transforms Life: A Foreigner’s Journey Through East China’s Digital Revolution

HANGZHOU, CHINA - Media OutReach Newswire - 22 November 2024 - As the 2024 World…

12 hours ago

Explore Life for A Shared Future: 2024 Beijing Changping Forum on Life Science was successfully held

BEIJING, CHINA - Media OutReach Newswire - 22 November 2024 - The 2024 Beijing Changping…

12 hours ago