Global Contact Center Workforce Optimization Market Share Report 2022: Revenue, Market Share, and Execution of the Estimated 36 Worldwide WFO/WEM Suite Vendors
DUBLIN, Aug. 5, 2022 /PRNewswire/ -- The "2022 Contact Center Workforce Optimization Market Share Report" report has been added to ResearchAndMarkets.com's offering.
This report analyzes the revenue, market share, and execution of the estimated 36 worldwide workforce optimization (WFO)/workforce engagement management (WEM) suite vendors for fiscal full-year 2021.
Principal resource for vendors, investors, and members of the financial community
Despite the maturity of many of the individual applications, the vendors did an excellent job of selling WFO/WEM suites to contact centers in 2021. WFO/WEM suite vendors generated contact center sales of $2,236.9 million during 2021, an increase of $158.5 million, up 7.6%, from $2,078.4 million in 2020.
Artificial intelligence (AI) is reinvigorating the entire contact center software market. Besides enhancing the capabilities of the individual applications in a WFO/WEM suite, new AI technology is emerging to serve as a "hub" or "brain" to coordinate the operation of disparate contact center applications, enabling companies to provide a vastly improved, optimized, and personalized experience for each contact.
Just as the applications within WFO/WEM suites benefit contact centers by improving quality and the agent experience, so too can they benefit back-office and branch functions. Once these solutions are optimized for each department's use, it will open up the opportunity for sales outside of the contact center.
DMG has sized the back-office opportunity and estimates that it is over 2 times larger thn the contact center total addressable market (TAM) for WFO/WEM suites. Using AI to provide a more flexible and customizable technology framework suited to the specific needs of each enterprise department should help open up the TAM for these solutions outside of the contact center.
The 2022 Contact Center Workforce Optimization/Workforce Engagement Management Market Share Report presents and analyzes the market's revenue at the highest level, total company revenue and market share, and then breaks it down by vendor, application, and sector.
The report includes:
The Report provides a detailed breakdown and analysis of revenue for the following 19 named vendors:
For more information about this report visit https://www.researchandmarkets.com/r/ym866g
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SOURCE Research and Markets