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Audio Communication Monitoring Market Set to Surge Significantly During 2017-2027
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Audio Communication MonitoringMarket: Drivers and Challenges
One of the major driving factors of audio communication monitoring market is increasing demand for real-time call monitoring and security that has led to wide adoption of audio communication monitoring solution by various levels of enterprises across different industry verticals. Another driving factor of audio communication monitoring solution is the necessity of enterprises to gain real-time insights from call records, convert it into structured data which in turn will lead to reduction in losses and increase in operational efficiency of the organizations; which can be done by having an efficient audio communication monitoring solution in place.
Audio Communication Monitoring Market: Segmentation
Segmentation on the basis of component:
Software
Services
Segmentation on the basis of enterprises:
SME’s
Large Scale Enterprises
Segmentation on the basis of vertical:
BFSI
IT and Telecommunications
Healthcare
Retail
Media and Entertainment
Energy and Utilities
Transportation
Others
Audio Communication Monitoring Market: Competition Landscape
Few of the companies in audio communication monitoring market are: IBM Corporation, Tata Communications Ltd., Cisco Systems, Ltd., NICE Systems Ltd., Intelligent Voice Ltd., Fonetic Solutions, Nexidia, Inc., Nectar Services Corporation and Behavox Ltd.
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Audio Communication Monitoring Market: Regional Overview
Audio communication monitoring market is currently dominated by North America region owing to the advancements in technology such as improved call recording systems. Europe audio communication monitoring market follows next as various industry verticals such as BFSI and healthcare industry are realizing the importance of audio communication monitoring applications in their offices. APEJ region is fast picking up pace in the audio communication monitoring market due to developing infrastructure and increased awareness of benefits of audio communication monitoring technologies.
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