openPR Logo
Press release

Speech Analytics Market : Ongoing Outlook and Forecast 2017 - 2025

09-13-2017 03:21 PM CET | IT, New Media & Software

Press release from: TMR Research

Speech Analytics Market : Ongoing Outlook and Forecast 2017 -

Global Speech Analytics Market: Snapshot

Rising number of contact centers and necessity for compliance and risk management across several verticals have led the companies to invent solutions in speech analytics which will aid companies to comprehend the changing necessities of customers. Several organizations functioning in diverse industrial domains have been evolving interests for the transcription and analyzing of customers and structural media and uptake rational decisions for the management of business and consumers with the help of speech and text intelligence. This is the main factor that is responsible for the growth of the market and a protuberant driving factor in the growing demands for speech analytics in several industrial applications. This rising demand can also be accredited to the burdens on businesses for safeguarding their rational assets for improving agility and competence in business operations via the all-embracing insights quarried in the Voice of Customer (VoC).

Speech analytics is used in sectors such as customer experience management, agent performance, business processes, compliance and risk management, and market intelligence. Other than this, it also finds application in public sector, entertainment and media, hospitality and travel, logistics and transportation, information technology and telecommunication, utilities and energy, manufacturing, consumer goods, retail, life sciences and healthcare, and banking, financial services, and insurance.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=368

The industry players are investing in huge amounts in research and development in order to enhance their technological ability and product accuracy. Strategic alliances are also expected to play a prominent role in this path.

Global Speech Analytics Market: Overview

Speech analytics technologies are used to extract information at customer contact points across various channels such as voice, chat, email, social channels, and surveys. Across the world, voice and phone interaction is the most common mode of communication used by consumers. Therefore, speech analytics is used in Voice User Interface (VUI) to derive insights at different contact points.

In current times, organizations across various industry sectors are undertaking programs for transcripting and analyzing customer and organizational media. This is mainly to take logical decisions for customer and business management with the help of speech and text intelligence. This is one of the prime factors driving the demand for speech analytics across various industry sectors. The increasing pressure upon businesses to protect their intellectual property in order to improve efficiency and agility in business operations is also leading to the deployment of speech analytics systems. Businesses are deploying speech analytics systems to mine extensive insights from the voice of customers. Various product types in this market include database management system, reporting and analysis, data integration tools, query, analytical tools, online analytical processing (OLAP), and visualization tools among others.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=368

Speech analytics finds application in market intelligence, risk and compliance management, business process, agent performance, and customer experience management (CEM). Other than this, speech analytics may find application in several other industry verticals such as banking, financial services, and insurance (BFSI), healthcare and life sciences, retail and consumer goods, energy and utilities, manufacturing, government, telecommunication and information technology, transportation and logistics, travel and hospitality, media and entertainment, and public sector among others.

The research report presents a definitive analysis of market dynamics, which includes market drivers, trends, and opportunities that will influence the development of the global speech analytics market between 2017 and 2025. The report is presented based on data collected from industry-centric sources and receiving valuable insights from opinion leaders.

Request Discount of the Report @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=368

Global speech Analytics Market: Drivers and Restraints

The emergence of call centers, law to monitor adherence to business regulatory compliances, and increased focus on competitive intelligence are the major factors driving the global speech analytics market. The development of integrated software solutions, wherein workforce management solutions are integrated with speech analytics will offer immense growth opportunities to this market.

Furthermore, there is a rising demand for real-time analytics guidance tools. Speech analytics has emerged as an extension of trends within customer-centric enterprises and insightful management practices. Healthcare and life sciences is anticipated to display the highest growth rate in the market space.

Global Speech Analytics Market: Regional Outlook

The global speech analytics market can be segmented regionally into: North America, Europe, Asia Pacific, and Latin America. North America dominates the speech analytics market followed by Europe. The adoption of speech analytics by various industry sectors such as utilities, travel and tourism, and healthcare are the primary factors for the growth of the speech analytics market in these regions.

Major Companies Mentioned in Report

Some of the leading companies in the global speech analytics market are Avaya Inc., Aspect Software Inc., NICE System Ltd., Verint Systems Inc., CallMiner Inc., Nexidia Inc., and Calabrio Inc.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Speech Analytics Market : Ongoing Outlook and Forecast 2017 - 2025 here

News-ID: 714947 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Speech

Speech Therapy Services Market to See Huge Growth by 2026 | Speech Pathways, Sma …
COVID-19 Outbreak-Global Speech Therapy Services Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the COVID-19 Outbreak-Global Speech Therapy Services Market. Some of the key players
Speech Therapy Services Market 2020 Research and New Innovations in Keyplayers …
An extensive overview of the Speech Therapy Services Market is recently added by SMI to its enormous database. The report offers a detailed analysis of the latest industry developments, technologies, and trending factors in the market that are influencing the market growth. Also, The industry report has been aggregated by way of amassing informative data of a number of dynamics such as market drivers, restraints, and opportunities. The Speech Therapy Services
Speech Therapy Services Market 2019-Emerging Growth Opportunity, Share, Size, Re …
The “Speech Therapy Services Market (2019-2025) Global Industry Analysis” research publication offers readers with a comprehensive knowledge of the Speech Therapy Services market scenario in coming years. This report guides through various segments of the global Speech Therapy Services market with market size, share and forecast 2025.The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and
Speech Therapy Services Market Analysis by Top Key Players Smart Speech Therapy, …
Speech therapy is an intervention service that focuses on improving a child's speech and abilities to understand and express language, including nonverbal language. Speech therapists, or speech and language pathologists (SLPs), are the professionals who provide these services. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2889133?utm_source=RK&utm_medium=OPR The Speech Therapy Services Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported
Speech Therapy Services Market 2018-2025: Smart Speech Therapy, Therapy Solution …
Speech Therapy Services Industry 2018 Global Market research report provides key analysis on the market status of the Speech Therapy Services providers with market size, growth, share, trends as well as industry cost structure. This report discovers the key drivers and challenges affecting the market. Get Sample Copy of this Report – https://www.orianresearch.com/request-sample/622819 Global Speech Therapy Services Industry 2018 Market Research Report is spread across 117 pages and
Speech Therapy Services Market Trends, Growth, Demand, Top Leader: Smart Speech …
The report on the “Speech Therapy Services Market “offers elaborated knowledge on the Speech Therapy Services market. Parts like dominating firms, classification, size, share, growth, business atmosphere, SWOT analysis, and most effectual trends within the business area unit comprised during this analysis study. Additionally to the current, the report sports charts, numbers, and tables that provide a transparent viewpoint of the Speech Therapy Services market. Get Sample Copy @ https://www.orianresearch.com/request-sample/622819 Global Speech