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Customer Communication Management Software Market Sales Revenue to Significantly Increase in the Next Few Years

08-12-2022 02:01 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Customer Communication Management Software Market Sales

Customer Communication Management Software market is increasing progressively due to increasing enhanced functionalities of multi-channel based marketing and customer experience management. Moreover, the increasing usage of analytics and mobility for customer communication management, Customer Communication Management market has started growing significantly.

Customer Communication Management (CCM) platform can be used for creation and multi-channel delivery of batch, interactive, and on-demand communications. This helps businesses enhance customer experience, and drive unprecedented enterprise growth

Customer communications management (CCM) solutions are designed to enable enterprises to create, manage and deliver customer communications across all channels, ensuring a consistent, personalized customer experience. Customer engagement is the key focus area for the companies in all the industries due to which these customer communication management software platforms are demanded significantly.

The major factor driving the adoption of Customer Communication Management Software is the companies need to improve customer experience and to retain more customers through a differentiated, highly personalized customer service program. Another driving factor is to Identify and respond to market opportunities through increased agility and standardization across all customer communications.

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The key challenge for Customer Communication Management Software market is the complicated software infrastructure skills and resource deployment, misalignment of stakeholders, regulatory compliance or other factors may limit the ability of the enterprise to implement or advance its CCM strategy.

Customer Communication Management Software Market: Segmentation

Segmentation on the basis of Components:

The Customer Communication Management market includes platform vendors that provides software platforms related to Customer Communication Management

Platform
Services

Segmentation on the basis of Deployment

The Customer Communication Management market includes vendors that provides software on cloud as well as on-premise based Customer Communication Management solutions

On-Premise
Cloud

Segmentation on the basis of Verticals

The Customer Communication Management market includes various industries that implement these software platforms of Customer Communication Management

Retail & Consumer goods
Healthcare
BFSI
Travel & Hospitality
Others

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In June 2016, Prinova, a Customer communication management software provider has entered into the partnership with Williams Lea Tag, a supply chain service provider. With this partnership, Prinova solution Message point has been added to Williams Lea Tag's specialized solutions to offer its clients internal control over messaging content, messaging rules and approval workflows prior to production

In June 2016, OpenText, a digital technology provider has acquired Customer Communications Management (CCM) products of HP Inc., including HP Exstream, HP Output Management, HP TeleForm and HP LiquidOffice for customer communications management, process automation and document delivery solutions.

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In Customer Communication Management Software market there are many solution providers some of them are Adobe systems, Inc., Cincom Systems, Inc., Doxee S.p.A., Emc Corporation (Dell), Newgen Software, OpenText Corp., Oracle Corporation, Pitney Bowes, Inc., and Xerox Corporation and others.

Presently, North America and Europe is holding the largest market share for Customer Communication Management Software market due to presence of large market players such as Opentext, Adobe and others in these region. Moreover the rising usagae of technologies such as social media and mobility for customer relationship management the market opportunity in these region are increasing.

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Asia -Pacific is also increasingly adopting Customer Communication Management Software technologies with the entry of major & established players such as EMC, Adobe and others.

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Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

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