Press release
Increasing demand on Contact Centre Software Market 2026 Technological, New Ideas, Strategies and Key Players like Avaya, Inc, Cisco Systems, Inc, Enghouse Interactive
The size of the global contact center software market was USD 15.63 billion in 2019 and is projected to reach USD 35.32 billion by 2026, at a compound annual growth rate (CAGR) of +15% during the period of prognosis (2019-2026).The contact center software allows organizations to communicate and collaborate effectively through multiple channels, including voice, video, web and social networks. A contact center software helps organizations automate their input and output processes. This, in turn, helps boost the overall productivity of organizations. The forecast period considered for this report is from 2019 to 2026, and 2019 is the base year for estimating the size of the market.
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Key vendors in the market include Alcatel-Lucent Enterprise; Avaya, Inc.; Cisco Systems, Inc.; Enghouse Interactive, Inc.; Five9, Inc.; Genesys; Mitel Corporation; SAP SE; Nice Systems Ltd.; and Huawei Technologies Co., Ltd.; among others. These companies develop and deploy contact center solutions for various organizations.
The Interactive Voice Response (IVR) segment represented a significant revenue share in 2016 due to the high demand for quick resolution of call inquiries. These solutions allow customers to solve problems related to the product themselves, instead of relying on customer service representatives. In addition, innovative uses of IVR, such as customer marketing, feedback surveys and payment processing, are projected to drive market growth
The bottom-up procedures were used to reach the total market size of the contact center software market based on the revenues of the service providers and key market solutions. After reaching the size of the general market, the total market was divided into several segments and sub-segments, which were then verified through primary research through in-depth interviews with key people, such as executive directors (CEO), vice-presidents (VP), directors, and executives.
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Target Audience for Contact Center Software Market
Contact center software providers
Contact center service providers
Professional service providers
Managed service providers
System integrators
Cloud service providers
Internet service providers
The development of social media centers of unified communication with integrated channels has allowed companies to retain their customers. The emergence of the omnichannel customer experience towards the contact center software is expected to accelerate market growth during the forecast period. The growing preference for cloud-based systems due to benefits, such as remote access to data, flexibility of use and reduction of maintenance costs, would also boost market demand.
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the contact center software market begins with the collection and analysis of data on product offerings from key suppliers and business strategies from secondary sources, such as information technology (IT) service providers, technology providers , press releases, presentations to business investors; and technical documents, technology magazines, certified publications and articles of authors, directories and recognized databases.
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We at QYReports(qyreports.com), a leading market research report publisher cater to more than 4,000 prestigious clients worldwide meeting their customized research requirements in terms of market data size and its application. Our list of customers include renouned Chinese companies multinational companies, SME’s and private equity firms. our business study covers a market size of over 30 industries offering you accurate, in depth and reliable market insight, industry analysis and structure. QYReports specialize in forecasts needed for investing in an and execution of a new project globally and in Chinese markets.
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