Speech Analytics Market Strategic Insights 2019 – Interactive Intelligence Group, NICE Systems, Verint Systems, Avaya, Genesys

"The Latest Research Report Speech Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2014 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketInsightsReports"

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The Speech Analytics is segmented on the basis of types and breadth of solutions offered by each of them. The first type is the administration software which is implemented to perform tasks like payroll management, time and attendance management and benefits management. The second variation in Speech Analytics is used for assisting in recruitments, training, performance management, business intelligence and succession management. Speech Analytics can also be segmented on the basis of employee sizes and revenues of the company into small businesses, medium sized businesses and large enterprises. Increasing regulation and enforcement of changing labor policies by the government is a factor that is contributing to the growth of Speech Analytics market.

These software systems must ensure that they comply with these labor policies without any risks. As the companies are taking their growth strategies at a global level, the need for networking the global workforce arises. . Speech Analytics is able to provide customized solutions considering the localized needs, cultures, languages and workforce dynamics. This also contributes to the growth of Speech Analytics market. Also, the current workforce trends like different generations working together, longer life expectancies have changed the workplace patterns. Companies feel that getting the right mix of people and exploring their talents is a major part of talent management that triggers the Speech Analytics market.

However, challenges like understanding the technical requirements of organizations and integrating various modules of the software to perform various functions are some constraints affecting the growth of this market. Another challenge is the global demand for skills that drives countries to work hard in formulating policies that can attract talent to support economic growth and retain them. In such cases, the labor policies constantly keep on changing and the talent management system needs to be repeatedly customized to comply with these rules which are at times unaffordable. Some of the prominent vendors in this market are Interactive Intelligence Group, NICE Systems, Verint Systems, Avaya, Genesys, Hewlett-Packard Enterprise, inContact, Calabrio, CallMiner, ClaraBridge and Other.

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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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