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Complaint Management Software Market to Reach $8.28 Bn, Globally, by 2026 at 11.2% CAGR: Allied Market ResearchThe need to protect brand reputation and raise consumer satisfaction and increase in requirement for automated workflow and streamlining of complaint management operations drive the global complaint management software market PORTLAND, Oregon, Feb. 11, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Complaint Management Software Market by Component (Software and Service), Type (Integrated and Standalone), Deployment (Cloud and On-premise), and Industry Vertical (BFSI, Retail, Government & Public Sector, IT & Telecom, Hospitality, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global complaint management software market garnered $1.93 billion in 2018, and is estimated to reach $8.28 billion by 2026, registering a CAGR of 11.2% from 2019 to 2026.  Drivers, restraints, and opportunities The need to protect brand reputation and raise consumer satisfaction, increase in requirement for automated workflow and streamlining of complaint management operations, and implementation of consumer-centric strategies drive the global complaint management software market. However, insufficiency of useful insights on consumer complaints hinder the market growth. On the other hand, integration of novel technologies including AI and NLP create new opportunities in the market. Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5954 The software segment to maintain its dominant position during the forecast period Based on component, the software segment held more than three-fifths of the total share of the global complaint management software market in 2018, and is expected to maintain its dominant position during the forecast period. This is due to reduction in number of recurring complaints and implementation of a global approach for handling of complaints with multilingual capabilities, regional reporting requirements, and unlimited security levels. The services segment is expected to grow at the largest CAGR of 12.4% from 2019 to 2026, owing to effective functioning of software and platforms throughout the process offered by them. The integrated segment to lead in terms of revenue by 2026 Based on type, the integrated segment held the highest market share in the global complaint management software market in 2018, contributing for nearly three-fourths of the total share, and will continue to lead in terms of revenue by 2026. Moreover, this segment is exected to register the highest CAGR of 12.6% from 2019 to 2026. This is due to need to integrate the outputs from various systems to generate most relevant and useful insights for resolving the customer complaint efficiently. The research also analyzes the standalone segment. North America to continue its leadership position during the forecast period Based on region, North America accounted for the highest market share in terms of revenue, contributing to nearly two-fifths of the global complaint management software market in 2018, and is expected to continue its leadership position during the forecast period. This is due to surge in number of market players using visual effects. However, Asia-Pacific is expected to grow at the highest CAGR of 12.4% from 2019 to 2026, owing to rapid growth of the services industry. For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5954 Leading Market Players
Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Similar Reports: Manufacturing Operations Management Software Market is Expected to Reach $15.21 Billion by 2026 Beacons Management Software Market Expected to Reach $6,516 Million by 2024 Supply Chain Management Software Market Expected to Reach $24,532 Million by 2025 Property Management Software Market: Global Opportunity Analysis & Industry Forecast, 2019–2026 Transaction Monitoring Software Market Expected to Reach $25,419.40 Million by 2026 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg 
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