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Global Contact Center Analytics Market Report, Trends, Growth, Key Players, Share, Size by 2032
In 2023, the global contact center analytics market was valued at approximately USD 1.82 billion. It is expected to grow at a CAGR of 19.6% from 2024 to 2032, reaching around USD 9.11 billion by 2032.

BriefingWire.com, 9/17/2024 - According to the report by Expert Market Research (EMR), the global Contact Center Analytics Market Size reached a value of USD 1.82 billion in 2023. Aided by the increasing emphasis on improving customer engagement and optimizing contact center performance, the market is projected to further grow at a CAGR of 19.6% between 2024 and 2032 to reach a value of USD 9.11 billion by 2032.

Contact center analytics refers to the process of collecting, analysing, and interpreting data from customer interactions across various communication channels within a contact center. It involves the use of advanced analytics techniques, such as data mining, machine learning, and natural language processing, to derive actionable insights and improve operational performance, customer satisfaction, and business outcomes.

As per the contact center analytics market analysis, in today’s hyper-connected world, customers expect seamless and personalised experiences across all touchpoints. Contact center analytics solutions enable businesses to analyse customer interactions across channels such as voice, chat, email, and social media, allowing them to understand customer preferences, sentiments, and behaviour better. Businesses are increasingly adopting a customer-centric approach to differentiate themselves in the market. Contact center analytics provides valuable insights into customer needs, preferences, and pain points, enabling organisations to tailor their products, services, and interactions to meet customer expectations effectively.

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As per the contact center analytics market outlook, contact center analytics solutions help organisations optimise their operational efficiency by identifying bottlenecks, streamlining processes, and improving resource allocation. By analysing key performance metrics such as average handling time, first call resolution, and service level adherence, businesses can enhance productivity and reduce costs. Employee engagement plays a crucial role in delivering exceptional customer experiences. Contact center analytics solutions enable organisations to monitor agent performance, identify training needs, and provide real-time feedback, leading to higher levels of employee satisfaction and performance.

With the proliferation of communication channels, including voice, email, chat, social media, and messaging apps, multichannel analytics solutions are becoming essential for businesses to gain a comprehensive view of customer interactions across various touchpoints which fuels the contact center analytics market growth. Analysing data from multiple channels allows organizations to deliver consistent and personalised experiences to customers regardless of the channel they choose.

Competitive Landscape of Contact Center Analytics Market

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global contact center analytics market. Some of the major players explored in the report by Expert Market Research are as follows:

Cisco Systems, Inc.

Oracle Corporation

8X8 Inc.

NICE Ltd.

Genesys Cloud Services, Inc.

CallMiner, Inc.

Five9, Inc.

Enghouse System Limited

Verint Systems Inc.

Mitel Networks Corp.

Others

 
 
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