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Interactive Voice Response System Market- Global Opportunity Analysis and Industry Forecast 2018-2025

10-16-2018 01:03 PM CET | IT, New Media & Software

Press release from: DeepResearchReports

Interactive Voice Response System Market

Interactive Voice Response System Market

This report studies the global Interactive Voice Response System market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Interactive Voice Response System market by companies, region, type and end-use industry.

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Interactive voice response (IVR) is a technology that allows a computer to interact with humans through the use of voice and DTMF tones input via a keypad. In telecommunications, IVR allows customers to interact with a company's host system via a telephone keypad or by speech recognition, after which services can be inquired about through the IVR dialogue.

IVR systems are used to service high call volumes at lower cost. The use of IVR allows callers' queries to be resolved without a live agent. If callers do not find the information they need, the calls may be transferred to a live agent. The approach allows live agents to have more time to deal with complex interactions. When an IVR system answers multiple phone numbers, the use of DNIS ensures that the correct application and language is executed. A single large IVR system can handle calls for thousands of applications, each with its own phone numbers and script.

IVR systems can be used for mobile purchases, banking payments and services, retail orders, utilities, travel information and weather conditions.

In 2017, the global Interactive Voice Response System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

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This report focuses on the global top players, covered
- inContact
- Nuance Communications
- Genesys Telecommunication Laboratories
- 8x8
- AT&T
- Avaya
- Aspect Software Parent
- 24/7 Customer
- Verizon Communications
- Five9
- Cisco Systems
- Convergys Corporation
- West Corporation
- IVR Lab
- NewVoiceMedia

Market segment by Regions/Countries, this report covers
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

Market segment by Type, the product can be split into
- Speech Based
- Touch-tone Based

Market segment by Application, split into
- BFSI
- Travel and Hospitality
- Pharma and Healthcare
- Telecommunications
- Government and Public Sector
- Transportation and Logistics
- ITES
- Media, Retail, and E-commerce
- Education

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The study objectives of this report are:
- To study and forecast the market size of Interactive Voice Response System in global market.
- To analyze the global key players, SWOT analysis, value and global market share for top players.
- To define, describe and forecast the market by type, end use and region.
- To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
- To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.

Deep Research Reports is digital database of syndicated market reports for global and China industries. These reports offer competitive intelligence data for companies in varied market segments and for decision makers at multiple levels in these organizations.

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Hadapsar, Pune-411013, India. + 1 888 391 5441
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