PUBLISHER: Value Market Research | PRODUCT CODE: 1352790
PUBLISHER: Value Market Research | PRODUCT CODE: 1352790
The global demand for Contact Center Analytics Market is presumed to reach the market size of nearly USD 20.98 BN by 2030 from USD 4.44 BN in 2022 with a CAGR of 21.42% under the study period 2023 - 2030.
Contact center analytics is a process of collecting important data and information about all types of customer interactions, such as calls, chats, social media, SMSs, etc. Through this process, companies can know about various customers' complaints, their likes and dislikes about the services, and several other information. This information is necessary for both large and small contact centers to work on their performance. Companies use contact center's help to communicate with customers through their digital channels like live chat, emails, social media, etc. It can be called an expansion of call center analytics. It is a combination of tools that a company utilizes to work on the efficiency and productivity of the contact center to offer the best services to the customers.
The contact center analytics market is expected to grow at a favorable rate. The benefits offered by contact center analytics include improved service efficiency, monitoring employees' performance metrics, call times to work, and growing customer satisfaction creates demand for this service. The popularity of social media platforms is another reason for growth. By analyzing customer feedback on social media sites, contact center analytics help organizations the real-time tracking of the social media content. These factors help businesses to improve their operations and gain a competitive advantage in the market. The contact center solutions powered by artificial intelligence will likely create new market opportunities. Telecommunication companies worldwide focus on first contact resolution and improving call deflection or call diversion to offer better customer service. These are additional factors driving the demand for contact center analytics in the forecast period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of contact center analytics. The growth and trends of contact center analytics industry provide a holistic approach to this study.
This section of the contact center analytics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Contact Center Analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the contact center analytics market include 8X8 Inc., CallMiner, Cisco Systems Inc., Enghouse Interactive, Five9 Inc., Genesys, Genpact Ltd., Mitel Networks Corp., Nice Ltd., Oracle Corp., SAP SE, Verint Systems Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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