Speech Analytics Market is Projected to Reach USD 2902.99 Million By 2025 & Growing at a CAGR of 21.89% from 2017 to 2025

Market Analysis:

According to Verified Market Intelligence, the global Speech Analytics Market was valued at USD 595.8 million in 2016 and is projected to reach USD 2902.99 million by 2025, growing at a CAGR of 21.89% from 2017 to 2025.

At call centers and company technical support, call recordings and phone conversations are maintained in order to analyze the discussion between the professional and customer and tap improvise the mode of communication for future prospects. Speech analytics has an incorporation of big data analytics and predictive analytics as it offers an automatic voice recognition feature and helps in developing fundamental strategies and processes for a better performance. Audio mining and other aspects are taken into consideration to reach out to the unsatisfied customers and provide them with better facilities.

Industry Insights with Latest And Upcoming Trends : http://bit.ly/SpeechAnalyticsresearch

The concept of customer relationship (CRM) management is developing with increasing number of customers and the need to improvise the mode of communication. Increase in the number of call centers is also one of the numerous aspects responsible for the rapid growth of the global speech analytics market. Apart from this, lack of awareness regarding speech analytics among the population might hamper the overall growth rate of the global speech analytics market and would behave as a market restraint for it.

Competitive Landscape:

The major players in the market are as follows:

Clarabridge, Inc.
Nice Systems Ltd.
Callminer, Inc.
Avaya, Inc.
Verint Systems
Hewlett Packard Enterprise
Genesys Telecommunications Laboratories, Inc.
Incontact, Inc.
Calabrio, Inc.
Interactive Intelligence Group, Inc.

PDF Sample for New Advancements with Applications : http://bit.ly/SpeechAnalyticsresearch

About us-

Verified Market Research’ has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our large database includes the latest Content from renowned authors and publications worldwide. We’ve recently developed a one of its own kind smart-system, which helps us determine the authenticity and reputation of the content and its author. This ‘smart-system’ ensures that we always include high – quality content in our database. We also provide customized Data and Reports according to the need of our client. We strive for excellence and perfection in all our work, and our in-house team is working 24/7 so that you get the Data, Reports, and Analytics you need to help make better decisions. We believe in Customer Satisfaction, and to achieve that we aim to understand the client’s need to provide ‘tailor-made’ services.

Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.

Contact us -

218 Washington Street
Boonton, New Jersey – 07005
Email: sales@verifiedmarketresearch.com
Toll-Free Number: +1 (800) 782 1768

This release was published on openPR.