Global Live Chat Market: Size, Revenue, Trends & Forecasts during 2017- 2022

A fresh report has been added to the wide database of Market Research Hub (MRH). The research study is titled “Global Live Chat Market” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that the sector for technology would rise at a positive CAGR during the period 2017-2022.

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The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global live chat market has also been forecasted for the period 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global live chat market is underpenetrated. The competition in the global live chat market is fragmented with several players thriving the market.

Further, key players of the Live Chat Market LiveChat Software SA, LivePerson, Inc. Zendesk, Inc. and Atlassian are also profiled with their financial information and respective business strategies.

Company Coverage

LiveChat Software SA
LivePerson, Inc.
Zendesk, Inc.
Atlassian

Executive Summary

Customer Relationship Management (CRM) refers to the practices, strategies and technical know-how adopted by the companies to manage, analyze, understand customer interactions and data throughout the customer lifecycle, with the aim of improving business relations with customers, increasing customer experiences and satisfaction, customer retention and driving high sales. CRM technology market includes Classic Model and SaaS model. The functioning of CRM includes Company Website, Live Chat, Direct Mail, Telephone, etc.

Live chat is basically a customer relationship management (CRM) product used by businesses to communicate with their customers, who are browsing their websites in real time. Through live chat, customer services can reach potential customers directly, who receive a message in a chat window while they are browsing.

The global live chat market is expected to increase at a significant CAGR during the years 2017-2021. The live chat market is expected to increase due to growth in retail e-commerce industry, increase in tourism industry, growth in the global gambling industry, etc. Yet the market faces some challenges such as, possibility of a price war and risk of cyber-attacks, etc.

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Executive Summary

2. Introduction

2.1 Customer Relationship Management (CRM): An Overview
2.1.1 CRM Technology Market
2.1.2 Customer Relationship Management (CRM) Functioning
2.1.3 CRM Through Cloud Based or SaaS Model

2.2 Cloud Computing: An Overview
2.2.1 Cloud Computing on the Basis of Service
2.2.2 Software-as-a Service (SaaS) Software

2.3 Live Chat: An Overview

3. Global Market Analysis

3.1 Global Cloud Market: An Analysis

3.1.1 Global Cloud Computing Market by Value
3.1.2 Global Cloud Market Value by Segments
3.1.3 Global Cloud Application Services (SaaS) Market by Value
3.1.3 Global Live Chat Market by Penetration in the SaaS Market

3.2 Global Live Chat Market: An Analysis

3.2.1 Global Live Chat Market by Value
3.2.2 Global Live Chat Market by Addressable Volume

4. Market Dynamics

4.1 Growth Drivers
4.1.1 Increasing Retail E-commerce Sales Worldwide
4.1.2 Rising Global Number of Smartphone Users
4.1.3 Growing Number of Internet Users Worldwide
4.1.4 Soaring Global Online Gambling Market by Value
4.1.5 Increasing International Tourism & Global Passengers Carried Through Air Transport

Continue….
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