Press release
Speech Analytics Market on Track to Hit USD 11,452.66 Million By 2032, With an Impressive CAGR of 17.1%
According to a new market research report published by Polaris Market Research, the global Speech Analytics Market was valued at USD 2,766.27 Million in 2023. The market is projected to grow to USD 11,452.66 Million by 2032, exhibiting a CAGR of 17.1% during the forecast period, 2024 to 2032.Speech analytics refers to the use of speech recognition software and other AI tools to analyze voice recordings or live customer calls. It aims at gathering customer data to improve communication and further interaction with customers. After extracting the data using the software, it's structured to draw useful information from it.
๐๐๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/speech-analytics-market/request-for-sample
Call centers primarily use speech analytics to extract meaningful information from client interactions within an enterprise. Along with improving customer experience, speech analytics can help improve operational efficiency and drive revenue growth across organizations. Speech analytics finds end uses across several verticals, including BFSI, healthcare, IT and telecom, and media and entertainment.
With the rapid adoption of digital communication channels, organizations are gathering vast amounts of voice data via voicemails and calls. This, in turn, is driving the demand for speech analytics. Besides, the rising adoption of AI and machine learning technologies is further expected to support market growth.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โข Almawave
โข Avaya Inc.
โข AWS
โข Calabrio, Inc.
โข CallMiner
โข Genesys
โข Google
โข Invoca
โข NICE Ltd.
โข OpenText
โข Talkdesk, Inc.
โข Verint Systems Inc.
โข Voci Technologies Incorporated
โข VoiceBase, Inc.
โข Vonage
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3808/2
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
โข Customer Experience Management: Companies seek to improve customer satisfaction by analyzing customer interactions and identifying areas for improvement.
โข Quality Assurance and Compliance: Organizations use speech analytics to ensure that their employees comply with regulatory requirements and internal standards during customer interactions.
โข Rising Adoption of AI and ML: Speech analytics leverages artificial intelligence (AI) and machine learning (ML) technologies to transcribe, analyze, and interpret spoken conversations.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข Integration with Other Analytics Tools: Integrating speech analytics with other analytics solutions can provide a more comprehensive view of customer interactions.
โข Cloud-Based Solutions: The shift towards cloud-based speech analytics solutions offers scalability and accessibility for organizations.
โข Real-Time Analytics: Real-time speech analytics allows businesses to respond quickly to customer issues and opportunities.
โข Multimodal Analytics: Combining speech analytics with other data sources such as text and video provides richer insights.
๐๐๐๐๐ฌ๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/speech-analytics-market
๐๐ฉ๐๐๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข In 2023, the solution segment held a significant revenue share owing to focus on customer experience, customization and scalability, and integration capabilities.
โข In 2023, the sales and marketing segment held significant revenue share owing to focus on customer insights, lead generation and conversion, and sales performance monitoring.
โข The cloud-based segment is expected to experience significant growth during the forecast period owing to scalability and flexibility, cost efficiency, and rapid deployment.
โข The healthcare segment is expected to experience significant growth during the forecast period owing to the increasing adoption of electronic health records, enhanced patient care and experience, and telehealth and remote patient monitoring.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โข The speech analytics market analysis is primarily segmented based on offering, business function, deployment model, end-use industry, and region.
โข By offering analysis, the solution segment held significant revenue share as it provides comprehensive solutions.
โข By business function analysis, the sales and marketing segment accounted for a significant revenue share.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Parking Management Systems Market: https://www.polarismarketresearch.com/industry-analysis/parking-management-systems-market
Over-The-Top Devices And Services Market: https://www.polarismarketresearch.com/industry-analysis/over-the-top-devices-and-services-market
Cryptocurrency Market: https://www.polarismarketresearch.com/industry-analysis/cryptocurrency-market
Real Estate Crowdfunding Market: https://www.polarismarketresearch.com/industry-analysis/real-estate-crowdfunding-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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 Speech Analytics Market on Track to Hit USD 11,452.66 Million By 2032, With an Impressive CAGR of 17.1% here
News-ID: 3460223 • Views: โฆ
More Releases from Polaris Market Research & Consulting

Population Health Management Market Predicted to Reach US$ 74.91 Billion by 2030 โฆ
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Population health management is a sub-branch of the healthcare industry that helps in tracking the wellbeing of patients across the global population. It aims to subjugate any risks or problems that might arise during the care of a patient in and out of healthcare settings. It is a solution centric approach to patient care, mitigating any obstacles that might arise during the health care of the patient. Population healthโฆ

Bio-lubricants Market Growth to Hit US$ 3.05 Billion by 2030 with an Impressive โฆ
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Bio-lubricants are lubricants sourced from renewable, biodegradable materials like vegetable oils, animal fats, or synthetic esters. Compared to conventional petroleum-based lubricants, bio-lubricants are eco-friendly and present lower toxicity and biodegradability, reducing environmental harm in the event of spills. Bio lubricants are frequently utilized in vehicles, industrial machines, and farming equipment. They offer efficient lubrication and foster sustainability while decreasing dependence on fossil fuels. They also help minimize wear andโฆ

Advanced Lead Acid Battery Market Size to Grow to US$ 37.72 Billion by 2030 with โฆ
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
An improved lead-acid battery is a rechargeable battery that enhances conventional lead-acid technology. It includes advancements like refined plate design, superior electrolyte formulation, and enhanced battery management systems to boost efficiency, lifespan, and performance. These batteries provide increased energy density, quicker charging periods, and enhanced reliability compared to traditional lead-acid batteries. They are frequently utilized in automotive, renewable energy storage, and backup power scenarios.
๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐๐ ๐๐๐ข๐ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ,โฆ

Active Electronic Components Market Predicted to Hit US$ 708.54 Billion Growing โฆ
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง:
Active electronic components are devices that require an external power source to work. They can amplify signals, control the flow of current, or switch the flow of electricity when active components are used in applications that require signal amplification, applications that require switching, and applications that require modulation. Active components require an external power source to operate. They can control the flow of electricity in a circuit, amplify signalsโฆ
More Releases for Speech
Speech Therapy Services Market to See Huge Growth by 2026 | Speech Pathways, Sma โฆ
COVID-19 Outbreak-Global Speech Therapy Services Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the COVID-19 Outbreak-Global Speech Therapy Services Market. Some of the key playersโฆ
Speech Therapy Services Market 2020 Research and New Innovations in Keyplayersโ โฆ
An extensive overview of the Speech Therapy Services Market is recently added by SMI to its enormous database. The report offers a detailed analysis of the latest industry developments, technologies, and trending factors in the market that are influencing the market growth. Also, The industry report has been aggregated by way of amassing informative data of a number of dynamics such as market drivers, restraints, and opportunities.
The Speech Therapy Servicesโฆ
Speech Therapy Services Market 2019-Emerging Growth Opportunity, Share, Size, Re โฆ
The โSpeech Therapy Services Market (2019-2025) Global Industry Analysisโ research publication offers readers with a comprehensive knowledge of the Speech Therapy Services market scenario in coming years. This report guides through various segments of the global Speech Therapy Services market with market size, share and forecast 2025.The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past andโฆ
Speech Therapy Services Market Analysis by Top Key Players Smart Speech Therapy, โฆ
Speech therapy is an intervention service that focuses on improving a child's speech and abilities to understand and express language, including nonverbal language. Speech therapists, or speech and language pathologists (SLPs), are the professionals who provide these services.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2889133?utm_source=RK&utm_medium=OPR
The Speech Therapy Services Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supportedโฆ
Speech Therapy Services Market 2018-2025: Smart Speech Therapy, Therapy Solution โฆ
Speech Therapy Services Industry 2018 Global Market research report provides key analysis on the market status of the Speech Therapy Services providers with market size, growth, share, trends as well as industry cost structure. This report discovers the key drivers and challenges affecting the market.
Get Sample Copy of this Report โ https://www.orianresearch.com/request-sample/622819
Global Speech Therapy Services Industry 2018 Market Research Report is spread across 117 pages andโฆ
Speech Therapy Services Market Trends, Growth, Demand, Top Leader: Smart Speech โฆ
The report on the โSpeech Therapy Services Market โoffers elaborated knowledge on the Speech Therapy Services market. Parts like dominating firms, classification, size, share, growth, business atmosphere, SWOT analysis, and most effectual trends within the business area unit comprised during this analysis study. Additionally to the current, the report sports charts, numbers, and tables that provide a transparent viewpoint of the Speech Therapy Services market.
Get Sample Copy @ https://www.orianresearch.com/request-sample/622819
Global Speechโฆ