According to a report by Roots Analysis, the conversational AI market is on a serious growth streak. It’s expected to go from $12.82 billion in 2024 to a huge $136.41 billion by 2035. That’s an annual growth rate of nearly 24%. Why the sudden explosion? It comes down to two things: better technology and growing demand. Businesses want faster, smarter ways to talk to customers—and customers want fast, helpful responses without being stuck on hold.