United States
US 31276838 | Procurement

Chatbots in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Chatbots use artificial intelligence systems to initiate conversations with users through mobile applications, websites, and messaging applications. Key buyers include education institutions, governments, healthcare, retailers, and financial institutions.

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What’s included in this market coverage

IBISWorld's research coverage on the Chatbots procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Chatbots market in the United States includes Appointment Scheduling, Internal Process Automation, Training & Onboarding, Customer Support, Order Processing and Payment Processing. Standard coding in this coverage includes ISIC-582-Software publishing, NACE-58.29-Other Software Publishing, NAICS-513210-Software Publishers and UNSPSC-43230000-Software.

What common market terminology is included?

Common market terminology included in the Chatbots procurement coverage includes API Integration (The ability of a chatbot to connect and interact with external applications, systems, or data sources through Application Programming Interfaces (APIs).), Bot Training (The process of teaching or training a chatbot using datasets to improve its understanding and response accuracy over time.), Chatbot Analytics (Tools and metrics used to measure and analyze the performance of a chatbot, including user engagement, conversation flow, and effectiveness.), Dialog Flow (The logical sequence of interactions between a user and a chatbot to accomplish a specific task or goal. A smooth and effective dialog flow contributes to a positive user experience.), Escalation to Human Agent (The ability of a chatbot to transfer a conversation to a human customer support agent when it encounters complex queries or issues beyond its capabilities.), Machine Learning (ML) (A subset of artificial intelligence that empowers chatbots to improve and adapt their performance based on data and user interactions without explicit programming.), Multi-channel Support (The capability of a chatbot to operate seamlessly across various communication channels, such as websites, messaging apps, and social media platforms.) and Natural Language Processing (NLP) (The AI-driven technology that enables chatbots to understand, interpret, and respond to human language in a way that is both meaningful and contextually relevant.).

What companies are included as top suppliers?

The top companies covered in the Chatbots procurement report as suppliers are Zendesk Inc., Intercom, Hubspot, Inc., Oracle Corporation and International Business Machines Corporation.

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Chatbots market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per month, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Chatbots market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Chatbots procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Chatbots market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Chatbots market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Chatbots?

The 2026 benchmark market price for Chatbots is $595 per month. Prices have increased at a CAGR of 2.59 from 2023-26.

Who are the top vendors in the Chatbots market?

The top vendors in the Chatbots market include Zendesk Inc., Intercom, Hubspot, Inc., Oracle Corporation and International Business Machines Corporation.

What industries supply the Chatbots market?

The top industries supplying the Chatbots market are Computer & Packaged Software Wholesaling in the US and Computer Manufacturing in the US.

What is the supply chain risk for Chatbots?

Low market share concentration enables robust competition and favorable negotiation opportunities for buyers . The US chatbot market is characterized by low supplier concentration, with many vendors offering diverse solutions and features. This competitive landscape empowers buyers to solicit multiple competitive bids, leverage suppliers against one another, and secure more attractive pricing and service terms. Procurement teams should undertake regular supplier benchmarking and RFP processes to drive innovation, reduce costs, and ensure optimal alignment with business needs.

What factors affect the price of Chatbots?

Scalability in chatbots ensures handling more users or transactions without increased costs, leading to potentially higher prices due to efficiency and reliability measured by user load capacity and response time.

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