Artificial Intelligence in Chatbot Security
                     Artificial Intelligence in Chatbot Security Industry explained in the report with major key 
Market Overview 
A chatbot is a software that incorporates artificial intelligence (AI), in order to process the interactions 
between humans and virtual assistants. The AI integrated with chatbot increases security and people 
sending the message over the chatbot aid these in becoming more intuitive, more natural, and 
comfortable while chatting. Hence, AI increase the security level of data, which proportionally minimizes 
the threat of cyber threats. Therefore, these features will be one of the factors that helps in propelling 
growth of the market. Furthermore, Chabot integrated with the devices such as mobile devices, web 
browsers, and others application helps in reducing the customer effort, improve organizations analytical 
capabilities, and enables automation by customizing voice and text. These features are factors for 
increasing adoption of AI based chatbot in organizations. 
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Market Dynamics 
North America held a dominant position in the global artificial intelligence in chatbot security market in 
2018, and is expected to retain its dominance throughout the forecast period. This growth is attributed 
to rising cyber-attacks in this region. U.S. accounted for the major market share in the region, owing to 
increasing cyber-attacks on industries such as healthcare, banking and financial, and retail and 
manufacturing. For instance, according to the Internet Crime Complaint Center (IC3), in 2016, 
cybercrimes were valued at over US$1.33 billion globally, in which, California witnessed the highest 
recorded loss with over US$ 255 million. Additionally, in 2016, around 28% of web application attacks 
were recorded in the U.S., followed by the Netherlands and Germany. 
The market in Asia Pacific is estimated to exhibit the highest CAGR over the forecast period. This is 
attributed to rising adoption of machine learning and natural language processing technologies as well 
as increasing number of 5G pilot projects in the region. These features of AI integrated Chabot deliver 
more accurate result to the users. Therefore, adoption of AI based Chabot is expected to increase in 
various verticals in order to improve accuracy of the system, which has fuelled growth of the market. For 
instance, China Telecom Corporation Ltd. established a new 5G base station in Lanzhou on December 
2017, to expand 5G pilot projects in China. This in turn, is expected to boost growth of the artificial 
intelligence in chatbot security market over the forecast period. 
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Major players operating in the global artificial intelligence in chatbot security market are Maruti 
Techlabs, Inbenta Technologies, Inc., Nuance Communications, Inc., Next IT Corporation, Kore.ai, Inc., 
CreativeVirtual, Pypestream, Nano Rep, Inc., Mindmeld, Inc. and Ubisend. 
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