Recent Business Report On Interactive Voice Response Market By Major Key Vendors 2017-2025
The Global Interactive Voice Response Market was valued at USD 3.64 billion in 2016 and is projected to reach USD 6.64 billion by 2025, growing at a CAGR of 6.91% from 2017 to 2025.
Interactive voice response (IVR) is a technology that allows humans to interact with computers using voice or a dual-tone multifrequency signaling keypad. IVR allows customers to find answers to their own inquiries by speaking or giving inputs via a telephone keypad. IVRs allow you to Configure a personalized IVR message and prompts, Use pre-recorded IVR messages, Collect information about your callers, Automate customer support, Prioritize calls based on value, Thrive with high call volumes, Route the caller to the right agent or department, and Improve your company’s image.
Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10008729
1. Market Drivers
1.1 Increasing IVR application areas
1.2 Increasing demand for IVE-based outbound services
1.3 Rising adoption of IVRs to increase scalability and efficiency of organizations
1.4 Increasing cloud-based services equipped with high industry standards
1.5 Growing integration of advanced technologies
2. Market Restraints
2.1 Concerns for data security
2.2 Effects of additional information and irrelevant options within a menu on usability of IVRs
The Global Interactive Voice Response Market is segmented on the organization size, component, deployment model, technology, vertical, and region.
1. Organization Size:
1.1 Large Enterprises
1.2 Small and Medium Organizations
2. By Deployment Mode:
3. By Component:
3.1.3 Call Routing
3.2.1 Training & Education
3.2.2 Maintenance & Support
4. By Technology:
4.1 Touch-tone Based
4.2 Speech Based
5. By Vertical:
5.2 Government and Public Sector
5.3 IT and Telecom
5.4 Banking, Financial Services, and Insurance (BFSI)
5.5 Travel and Hospitality
5.6 Media, Retail and e-commerce
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
The major players in the market are as follows:
1. Genesys Telecommunication Laboratories, Inc.
2. Avaya Inc.
3. AT&T Inc.
4. Aspect Software Parent, Inc.
5. West Corporation
6. Cisco Systems, Inc.
7. IVR Lab
8. Verizon Communications Inc.
9. Nuance Communications, Inc.
10. 24/7 Customer, Inc.
11. inContact Inc.
13. Convergys Corporation
14. 8×8, Inc.
15. Five9, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Request For Full Report: https://www.kennethresearch.com/sample-request-10008729
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Interactive Voice Response Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
Phone: +1 313 462 0609
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
This release was published on openPR.
Permanent link to this press release:
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 Recent Business Report On Interactive Voice Response Market By Major Key Vendors 2017-2025 here
News-ID: 1900926 • Views: 89
More Releases from Kenneth Research
Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which
DNS Service Market : Industry Development Scenario and Forecast to 2025
Global DNS Service Market to reach USD 600 million by 2025.Global DNS Service Market valued approximately USD 230 million in 2016 is anticipated to grow with a healthy growth rate of more than 12% over the forecast period 2018-2025. The DNS Service Market is continuously growing across the world over the coming years. The major driving factor of global DNS Service market are increasing awareness to safeguard the websites from
Xenon Lights Market Growth, Size, Share, Demand, Trends and Manufacturers Analys …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Xenon Lights Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which
More Releases for IVR
Asterisk Service Introduces CRM Integrated IVR Solution
Asterisk Service, a division of Ecosmob, global VoIP tech leaders, announced availability of CRM integrated IVR solution and services to integrate CRM into existing IVR solutions. Speaking on the occasion, the company’s VP said, “CRM-IVR integration is a natural progression on the path of delivery of superior customer experience while enhancing an organization’s performance.” Expanding further on the IVR-CRM integration he went on to say that an IVR system gains when
Asterisk Service Announces CRM Integrated IVR Solution
Asterisk Service, a unit of global VoIP tech leaders Ecosmob, announced availability of CRM integrated IVR solutions for diverse industry segments such as hotels, hospitals, banks, insurance, service providers, call centers and ecommerce. Speaking on the occasion, the company’s VP said, “It is a general practice to source CRM from one vendor and IVR solution from another. This leads to disparities and one cannot make full use of the CRM
Asterisk Announce Hotel IVR Development in 2019
Asterisk Service, a division of global VoIP technologies leader Ecosmob, announced availability of custom hotel IVR development services for global hotel chains and hospitality industry. Speaking on the occasion, the company’s VP said, “Asterisk is a part of Ecosmob, a global VOIP and AI technologies solution provider. What this partnership portends for 2019 is intelligent and smarter hotel IVR solutions.” Asterisk IVR development is miles ahead of the normal tree and
Asterisk Service Announce Asterisk Payment IVR Integration
Asterisk Service, a division of Ecosmob, announced availability of Asterisk payment IVR integration for various industry sectors such as banking, insurance, travel, healthcare, real estate and the ecommerce space. Speaking on the occasion, the company’s VP said that Asterisk Service can offer payment IVR solution right from the ground up or use its expertise in AGI scripting to integrate payments into existing Asterisk IVR solution or IVRs from any other
IVR Software 2018 Global Market Key Players -Talkdesk, Five9, Plum, Voxco IVR, V …
IVR Software Market 2018 Wiseguyreports.Com Adds “IVR Software-Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Description: This report studies the global IVR Software market, analyzes and researches the IVR Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Talkdesk Five9 Plum Voxco IVR VoiceGuide IVR Kixie PowerCall Convoso FluentStream Genesys NCH Coxco inContact Voicent Communications CloudCall DialogTech SmartAction Occam Networks AVOXI IQServices.com C-ZENTRIX CallFire Noble Systems Request for Sample Report@ https://www.wiseguyreports.com/sample-request/2369907-global-ivr-software-market-size-status-and-forecast-2022 Market segment by
2017 Global Interactive Voice Response (IVR) Market Embraces Advancements.
The report offers a detailed insight into the upstream raw material analysis and downstream demand analysis along with crucial elements of Global Interactive Voice Response (IVR) Market report for furthermore highlights key proposals for new project development along with offering an assessment of investment feasibility analysis. This study is a useful guide to all investors to identify the lucrative market avenues across different segments and geographical regions. The market entry