Contact Center Solution Market to Surpass US$ 118.6 Bn by 2030; Use of AI, Self-service Bots, Gig Agents for Customer Relationship Management to Drive Global Market - TMR Study
ALBANY, N.Y., Sept. 9, 2021 /PRNewswire/ -- The contact center solution market is projected to expand at a CAGR of 19.3% during the forecast period from 2020 to 2030. The growing need of businesses to provide prompt and effective customer solutions is creating the demand for technology-driven contact center solutions. The speech recognition technology is currently widely being used across several end users within the contact center solution market space. The prospects of integrating the speech recognition technology with next-gen IVR will expand applications of contact center solutions to serve in BFSI, retail, and healthcare sectors.
The ongoing COVID-19 pandemic has necessitated businesses to be more reliant on contact centers to serve customers satisfactorily. Cloud contact center solutions have gained prominence to serve customers in the current situation. Cloud-based contact center solutions enable providers to manage customer operations efficiently using a remote workforce.
The growing trend of home sourcing has opened new frontiers in the contact center solution market. The trend has been adopted by students and stay-at-home adults in Asia Pacific due to which the market in the region is expected to display exponential growth rate during the forecast period.
Request a sample to get extensive insights into the Contact Center Solution Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=44024
Contact Center Solution Market – Key Findings of Report
Tools for Proactive Response, Improved Agent Communication Propel Market Growth
Companies in the contact center solution market are investing in unique solutions for continued improvements in the contact center customer experience. With the emergence of AI, visual support, and predictive analytics, smart desktops and sentiment recognition are gaining prominence for the delivery of powerful, personalized, and convenient customer interactions.
The proliferation of Internet and use of smartphones are expected to lead to considerable rise in the demand for contact center solutions through the forecast period. Omnichannel communication, including voice messaging and social media are helping agents for improved interaction with customers. This is further supported by co-browsing and augmented-reality (AR) technologies to provide real-time solutions to customer problems.
To understand how our report can bring difference to your business strategy, Ask for a brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=44024
Adoption of Self-service Bots, Gig Agents to Help Improve Service
The transition from product-based to service-based model is expanding the application of contact center solutions. Self-service bots is increasingly gaining acceptance to serve customers and are very suitable for common queries of customers. Insurance companies are one of the key end users of contact center solutions to provide basic information of insurance products to customers.
Gig agents that are mostly students and stay-at-home adults are growing popular to serve as agents for contact center solutions. In particular, amid COVID-19, the trend of hoe sourcing is creating the demand for gig agents. These agents are equipped with laptops and have access to the corporate network via virtual private network (VPN) from their home networks. This has dramatically reduced the need for agents to report to their offices in a step to contain the spread of coronavirus.
Nonetheless, contact agents including gig agents and regular agents have the knowledge to comply with key regulations with the assistance of contact management software with respect to advanced routing and dialing solutions.
Request for covid19 Impact Analysis:
Delivery of Seamless Customer Experience Fosters Market Growth
End users of contact center solutions are gaining from the personalized and powerful customer interaction offered by these solutions. Software applications used for contact center solutions are capable of generating positive customer interaction and delivering a seamless experience in terms of providing personalized services. For instance, Aspect– contact center solution provider is gaining from capabilities of its software for live interactions and mobile communications.
Contact Center Solution Market – Growth Drivers
Contact Center Solution Market – Key Players
Some of the key players in the contact center solution market are Alcatel-Lucent International, Cisco Systems Inc., Huawei Technologies Co. Ltd., Mitel Networks Corp. Oracle Corporation, SAP SE, Zendesk Inc., Avaya Inc., Five9 Inc., IBM Corporation, NICE Ltd., Salesforce.com Inc., and ZTE Corporation.
Buy our Premium Research Report at
Global Contact Center Solution Market: Segmentation
Contact Center Solution Market, by Type
Contact Center Solution Market, by End User
Contact Center Solution Market, by Region
With the penetration of internet, every business across the globe is fast migrating to the digital space. Moreover, the growing adoption of automation, penetration of 4G and 5G network services, and easy availability of connected devices, will revolutionize the technology space. Explore Transparency Market Research's award-winning coverage of the global IT & Telecom Industry:
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Mr. Rohit Bhisey
View original content:https://www.prnewswire.com/news-releases/contact-center-solution-market-to-surpass-us-118-6-bn-by-2030-use-of-ai-self-service-bots-gig-agents-for-customer-relationship-management-to-drive-global-market--tmr-study-301372413.html
SOURCE Transparency Market Research
We Only have 5 Senses, but Things have Sensors Galore
Industrial IoT: The Innovation Never Stops
Private Network Strategies: CBRS, Private Networks etc.