Trend cluster
Category

Conversational
AI

Brands enhance their non-tangible services via voice-connected tech.

Voice-Activated Cooking AssistantsNutritional Lifestyle Voice AssistantsAudio-Enabled Fashion MagazinesVoice-Activated Banking AssistantsVoice-Search Health Platforms

Trend

What is the Conversational AI trend?

Conversational AI: Brands are taking advantage of home control devices and rather than simply offering tangible products to be ordered through them, are increasingly focusing on using them to enhance the various services they offer. From audio-enabled fashion magazines to auditory nutritional assistants, these services allow for consumers to interact with brands' products in a way that mimics regular conversation – strengthening the relationship between the brand and the consumer.

Trend themes

Themes within the Conversational AI trend

Three behaviours holding the trend together
01

Voice-Activated Tech

The rise of home control devices and voice-activated tech has allowed for brands to create auditory assistants and further enhance the non-tangible services they offer.

02

Personalized Digital Assistants

Digital assistants like Astro and Ada have allowed for significant improvements in the tracking of lifestyle and personal health.

03

Voice-Activated Banking

The introduction of the NAB Skill for Amazon Alexa provides customers with conversational transactions and shows opportunities for banking and finance to invest in voice-activated technology.

Industry implications

What the Conversational AI trend means for industry

Where the trend changes the playbook
For

Retail

Voice-activated tech like that used by Fashion Fix Daily presents opportunities for brands to create stronger relationships with consumers through voice assistants and encourage purchasing on home control devices.

For

Healthcare

The introduction of personalized digital assistants like Astro and Ada shows potential for healthcare professionals and institutions to innovate in voice-activated tech and create more personalized care experiences.

For

Banking and Finance

The NAB Skill for Amazon Alexa has the potential to revolutionize banking by enabling consumers to perform transactions and access account information using conversational language.

Workshop question

How can your brand enter the business of voice-controlled services?

Trend signals

Trend signals for Conversational AI

Trend score 2.5 out of 10, from popularity 34%, activity 33%, freshness 8%.

Popularity34%
Activity33%
Freshness8%
Audience
50%Men
50%Women
  • Gen Alpha (not a primary audience)
  • Gen Z
  • Millennial
  • Gen X
  • Boomer
Market
North America
Europe
Asia-Pacific

Evidence

Examples of the Conversational AI trend

6 featured examples from Aug 2, 2017 to Jan 19, 2018