Press release
Speech Analytics Market 2018 Analysis by Verint Systems, Genesys Telecommunication Laboratories, Callminer, NICE Systems, Avaya, HP Enterprise, Calabrio, Calabridge, Aspect Software, Castel communications
Artificial intelligence and Machine learning engrossed in Speech Analytics software is the current trend in the market. With advancement in technology and emerging market of intelligent machines capable of learning about human behaviour, the demand for advanced voice assistant service has also raised. AI in speech analytics software helps in understanding the customer interactions with voice assistant tools such as Siri, Bixby and others. For instance, recently, in October 2017, Marchex Inc., an advertising analytics company, introduced new version of speech analytics solution integrated with artificial intelligence. This call analytics software was designed to help businesses in integrating customer feedback into their work by eliminating word error rate by 15%. This would also help the company in optimising their media operations.
The Global Speech Analytics Market is expected to get high growth in coming years. The increasing adoption of speech analytics software in contact centers, rising deployment of artificial intelligence in voice assistant solutions, and rising need of risk & compliance management are some factors driving the market growth during forecast period 2016-2022. However, high deployment cost and technical limitations are some of the factors hampering the market growth.
 
Verint Systems, Inc. (U.S.), Genesys Telecommunication Laboratories, Inc. (U.S.), Callminer, Inc. (U.S.), NICE Systems Ltd.( Israel), Avaya, Inc.(U.S.), HP Enterprise (U.S.), Calabrio, Inc.(US), Calabridge, Inc.(U.S.), Aspect Software Inc.(U.S.), and Callminer, Inc. (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Speech Analytics Market.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2057
Industry News
June 2017 – Callminer Inc., a leading platform provider of speech and customer engagement analytics, partnership with Nuance Communications and will deliver enterprise speech analytics solution to the company. This speech analytics consist of various features such as automating process of call monitoring, conversion of call recordings into business intelligence and optimization of customer experience.
June 2017 – Adobe announced to include voice analytics solution into its cloud to help the marketing team in understanding people requirement using voice assistant tools. This voice analytics tool is also integrated with artificial intelligence and machine learning services which help the team to gather real time information about the client.
May 2017 – Genesys, a leading software provider, integrates “V-spark speech analytics app of Voci Technologies Inc. within their Pure Cloud platform. This integration allows user to transfer recorded calls to voice transcription engine and analytics package.
Speech Analytics Market- Competitive Analysis
Speech Analytics market appears to be competitive in the coming years owning to the presence of numerous large players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.
Speech Analytics Market- Segmentation
The Speech Analytics Market can be classified into 4 key segments as follows:
Segmentation by Type: Solution (Analysis & Query tool, dash board, indexing & speech engine) and Services
Segmentation by Deployment: On-cloud and On-premise
Segmentation by End-User: BFSI, Entertainment, Government, Retail, Healthcare, IT & Telecommunication and others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Get Complete Report @ https://www.marketresearchfuture.com/reports/speech-analytics-market-2057
Speech Analytics Market- Regional Analysis
North America has dominated the Speech Analytics market in 2016. The technology advancement, and presence of major market players such as Verint Systems, HP, Aspect software and others in U.S. has supported the region in generating highest revenue for the market. Europe on the other hand, is expected to grow with significant growth rate during forecast period 2016-2022. Asia-Pacific is expected to grow with highest CAGR during the forecast period due to developing technology infrastructure and high adoption of speech analytics tool in contact center service sector.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.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 2018 Analysis by Verint Systems, Genesys Telecommunication Laboratories, Callminer, NICE Systems, Avaya, HP Enterprise, Calabrio, Calabridge, Aspect Software, Castel communications here
News-ID: 1098405 • Views: …
More Releases from Market Research Future
Cerebral Palsy Industry Projected to Reach USD 4.036 billion by 2035 with Steady …
The global healthcare sector continues to place increasing emphasis on neurological disorders that require long-term management and multidisciplinary care. Among these, cerebral palsy remains one of the most common childhood motor disabilities, affecting movement, posture, and muscle coordination. As awareness grows and treatment options continue to advance, the cerebral palsy industry is witnessing steady expansion driven by improved diagnosis, therapeutic innovation, and rising investments in rehabilitation services.
According to Market Research…
Reclaimed Lumber Market revenue expected to rise from USD 53.47 Billion in 2024 …
Based on the market research report from Market Research Future, here is a detailed overview of the global reclaimed lumber market. This sector is thriving at the intersection of environmental sustainability and distinctive design.
What is Reclaimed Lumber?
Reclaimed lumber is wood sourced from old structures like barns, factories, warehouses, and wine barrels, which is then processed and remilled for new use. It offers a unique combination of environmental benefits-reducing deforestation and…
Cardiovascular Information Systems Industry Expected to Reach USD 1,330.86 milli …
The global healthcare sector is undergoing a rapid digital transformation, particularly in specialized areas such as cardiovascular care where data accuracy, workflow efficiency, and real-time monitoring are critical. Cardiovascular Information Systems (CVIS) have emerged as essential platforms that integrate imaging, patient records, diagnostic data, and clinical workflows to support comprehensive cardiac care management.
According to Market Research Future (MRFR), the Cardiovascular Information System Market was valued at USD 640.0 million in…
Low E-Glass Industry forecast highlights robust 6.5% CAGR growth through 2035
Low-emissivity (Low-E) glass has a microscopically thin, transparent coating that reflects infrared energy (heat) while allowing visible light to pass through. This principle helps keep buildings warm in the winter by reflecting interior heat back inside, and cool in the summer by blocking exterior heat, all while reducing harmful UV rays.
The Global Low-E Glass Market: An Overview
The global Low-E glass market is on a strong growth trajectory, driven by the…
More Releases for Speech
Speech Therapy Services Market May See Big Move | Major Giants Smart Speech Ther …
HTF MI recently introduced Global Speech Therapy Services Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Speech Therapy Centers of Excellence, Genesis Rehab Services, Benchmark Therapies, Reliant Rehabilitation,…
Speech Therapy Market SWOT Analysis by Key Players- CHEO, Smart Speech Therapy, …
The latest study released on the Global Speech Therapy Market by HTF MI evaluates market size, trend, and forecast to 2030. The Speech Therapy market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
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 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…
