openPR Logo
Press release

Audio Communication Monitoring Market to Garner Brimming Revenues by 2028 | Cisco Systems, Inc., International Business Machines (IBM) Corporation., NICE Systems Ltd.

07-17-2019 02:39 PM CET | IT, New Media & Software

Press release from: Future Market Insights

Audio Communication Monitoring Market

Audio Communication Monitoring Market

Audio communication monitoring analyzes audio conversations and finds structures in interactions and reveals insights provided by employees to clients and customers. This technology is used to extract important business intelligence data to relate it to the strategy for making strategic decisions for the company. Audio communication monitoring solutions generally revolve around the call recording feature. The recording, processing and then analyzing are the parts of the audio communication monitoring market.

The global Audio Communication Monitoring market is expected to grow from US$ 1,229.3 Mn in 2018 to US$ 5,294.2 Mn by 2028, expanding at a CAGR of 15.7% in terms of revenue during the forecast period (2018-2028). In this report, the global audio communication monitoring market is tracked in terms of value, and is calibrated to obtain the market revenue estimates. However, the revenue generation from only some specific solution type and lack of awareness among BPOs in some countries, globally, are some of the major challenges that hamper the growth of the audio communication monitoring market.

Request to View Sample of Research Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2862

Audio Communication Monitoring Market: Segmental Insights

To understand and assess the demand and opportunities in this market, the report is categorically split into five major sections, namely, market analysis – by component, by industry, by enterprise type, by application and by region.

On the basis of component, the market is segmented into solutions and services. The solutions segment is further divided into quality analysis, audio loudness, metering and monitoring call recording, and others. Services segment is further segmented into maintenance and support services, and professional services. The call recording solution segment is expected to dominate the market throughout the forecast period, and is expected to have a market share of 62.0% and 63.2% in 2018 and 2028, respectively.

On the basis of industry, the market is segmented into banking, financial services, and insurance; government; telecommunication & IT; media & entertainment; healthcare, and others. Telecommunication & IT segment is expected to dominate the market in the majority duration of the forecast period. The government segment is expected to come close to telecommunication & IT segment in the latter half of the forecast period in terms of market share, owing to the high CAGR associated with it. The government segment is expected to grow from US$ 352.4 Mn in 2018 to US$ 1,577.4 in 2028.

On the basis of enterprise type, the market is segmented into small & medium enterprises, and large enterprises. The small and medium enterprises segment is expected to dominate the market in the major part of the forecast period, and enjoy a market share of 50.4% and 51.2% in 2018 and 2028, respectively.

On the basis of application, the market is segmented into law enforcement agencies, enterprise employee monitoring, broadcast monitoring, sales and internal communication monitoring, and others. The enterprise employee monitoring application segment is expected to dominate the market in the forecast period, and is expected to have a market share of 37.6% and 37.9% in 2018 and 2028, respectively.

The section – market analysis by region, includes an in-depth country level analysis of all global regions, namely, North America, Latin America, Western Europe, Eastern Europe, SEA and Others in Asia Pacific, Japan, China, and MEA, by component, by industry, by industry, by enterprise type, by application and by country; and provides market data in terms of value for 2018-2028. In 2017, the market in North America dominated the overall global audio communication monitoring market (given Asia Pacific is considered separately as three regions, i.e. China, Japan, and SEA and Others of APAC), while the fastest growing region in the market is Latin America. North America is further expected to hold a majority of the market share in 2028 as well.

Need more information about Report methodology @ https://www.futuremarketinsights.com/askus/rep-gb-2862

Audio Communication Monitoring Market: Vendor Insights

The key players reported in this study on the global audio communication monitoring market are Cisco Systems, Inc., International Business Machines (IBM) Corporation., NICE Systems Ltd., Nexidia Inc., Nuance Communication, Inc., Tata Communications Ltd., Intelligent Voice, Nectar Services Corporation, Fonetic, and Ameyo.

In 2015, Intelligent Voice partnered with Castel to deliver speech analytic capabilities to contact centers by using Intelligent Voice’s GPU-powered software that takes over 240000 monitored calls each day on premise.

In 2018, Nectar Services partnered with Plantronics to build an Ear-to-Ear (e2e) solution that allows enterprises and carriers to track call quality across core networks, the internet/intranet and to agents answering phones.

To Know More Information about This Report, Ask The Analyst: https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-2862

Contact Us

U.S. Office

616 Corporate Way, Suite 2-9018,

Valley Cottage, NY 10989,

United States

T: +1-347-918-3531

F: +1-845-579-5705

Email: sales@futuremarketinsights.com

Web: https://www.futuremarketinsights.com/

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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 Audio Communication Monitoring Market to Garner Brimming Revenues by 2028 | Cisco Systems, Inc., International Business Machines (IBM) Corporation., NICE Systems Ltd. here

News-ID: 1806115 • Views: 598

More Releases from Future Market Insights

Drug of Abuse Testing Market Complete Analytical Report for 2029 with Key Player …
A recent market study published by Future Market Insights on the drug of abuse testing market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters of the drug of abuse testing market, the growth prospects of the market are obtained with maximum precision. Drug of Abuse
Global Phytopathological Disease Diagnostics Market Things to Focus on to Ensure …
A recent market study published by Future Market Insights (FMI) on the phytopathological disease diagnostics including global industry analysis of 2014-2018 and opportunity assessment for 2019-2029, delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the phytopathological disease diagnostics market, growth prospects are obtained with maximum precision. Phytopathological Disease Diagnostics Market: Segmentation The global phytopathological disease diagnostics
Electronic Stethoscope Market Size, Growth Analysis Report, Forecast to 2029 | M …
The electronic stethoscopes market is expected to witness significant growth in the near future. Amplifying electronic stethoscopes are the most widely used stethoscopes for auscultation. Electronic stethoscopes amplify respiratory/cardiac sound. They also help medical professionals who suffer from hearing problems. Report Description Chapter 1 – Executive Summary The report commences with an executive summary that consists of a summary of the key findings and statistics related to the electronic stethoscopes market. Chapter 2 –
Gaskets and Seals :Impact Of Covid-19 On Market Demand And Future Scope With Top …
Future Market Insights in its latest report titled ‘Gaskets and Seals Market: Global Industry Analysis and Opportunity Assessment, 2016–2026’ presents a comprehensive and a detailed outlook of the global gaskets and seals market for a 10 year period from 2016 to 2026. In this report, various factors that influence the global gaskets and seals market have been studied in detail and region wise gaskets and seals market analysis and forecast

All 5 Releases


More Releases for Audio

Light Vehicle Audio Amplifier Market
https://www.qandqmarketresearch.com/reports/7173968/light-vehicle-audio-amplifier-market-92 This industry study presents the global Light Vehicle Audio Amplifier market size, historical breakdown data 20132018 and forecast 20182025. The Light Vehicle Audio Amplifier production, revenue and market share by manufacturers, key regions and type; The consumption of Light Vehicle Audio Amplifier in volume terms are also provided for major countries or regions, and for each application and product at the global level. Market share, growth rate, and competitive factors are
3D Audio Market - Increasing Adoption of 3D Audio In Gaming
According to a new market report pertaining to the 3D audio market, published by Transparency Market Research, the global 3D audio market is expected to reach US$ 14,498.0 Mn by 2026, expanding at a CAGR of 16.6% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront
Audio IC And Audio Amplifiers Market Technology Trends in Future
MarketResearchReports.Biz adds “Global Audio IC And Audio Amplifiers Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Audio IC And Audio Amplifiers and the growth estimates for the forecasted period. Audio IC is a chip widely used as audio processor, audio amplifiers, MEMS microphone and subsystems. It is widely used in the Portable Audio, Computer Audio, Computer Audio, Automotive
3D Audio Market - Increasing Adoption of 3D Audio In Gaming
Increasing adoption of 3D audio in gaming is the major factor to drive the 3D audio market. Game developing companies are replacing their traditional 2D audio sound engine with advanced 3D audio sound engines. Companies are incorporating specialized neuro-auditory research and advanced digital sound processing (DSP) algorithms that can be integrated directly into a game’s sound engine. Moreover, cinema industry in the global market is experiencing significant advancements. Obtain Report
Audio Interfaces Market Trend to 2022 Focusrite Audio Engineering Ltd, PreSonus …
MarketStudyReport.com Add New Global Audio Interfaces Market by Manufacturers, Countries, Type and Application, Forecast to 2022 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 124 pages with table and figures in it. This report focuses on the Audio Interfaces market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market
Muvi Launches Audio Streaming Service
Muvi (www.muvi.com) the popular cloud based multi-screen OTT Platform Provider has announced the release of Audio Streaming Service (https://www.muvi.com/audio-streaming-platform.html) as a new feature to its existing platform. With this release Muvi becomes the first and only platform in the world that offers monetization of Live & On-Demand Video and Audio content along with Physical Products (ecommerce) across Web, Mobile and TV ecosystems via a single, unified & powerful CMS that