Title: marketreportsupdates (94)
1Speech Analytics Market To Reach USD 4.24 Billion
By 2026
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2Market Size USD 1.08 Billion in 2018, Market
Growth - CAGR of 18.6, Market Trends-The
adoption of AI with speech analytics.
Market Summary
The speech analytics market is expected to reach
USD 4.24 Billion by 2026, according to a new
report by Reports and Data. Speech analytics is
used to detect and analyze spoken words that
produce structure to interactions and exhibit
information buried in the communication between
the customer contact centers and companies.
Speech analytics adoption maximizes workforce
enforcement and improves customer
experience. Growing focus on higher customer
satisfaction is one of the essential factors
kindling the growth of this market.
- Further key findings from the report suggest
- The Speech Analytics Market is estimated to reach
USD 4.24 Billion by 2026, at a CAGR of 18.6
during the forecast period. - The solution component accounted for a larger
share of 65.1 of the market in 2018. - The cloud deployment is anticipated to grow at a
higher rate of 19.3 during the forecast period.
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3 Market Summary
Key Players
The Key players in the Speech Analytics Market
include Verint Systems Inc., Hewlett Packard
Enterprise Company, NICE Ltd., CallMiner Inc.,
Avaya Holdings Corporation, Genesys
Telecommunications Laboratories Inc., Aspect
Software Inc., Castel Communications, Clarabridge
Inc., Zoom International, and Calabrio Inc
Segmentation
Deployment Outlook (Revenue, USD Million
2016-2026) On-Premise Cloud Component Outlook
(Revenue, USD Million 2016-2026) Solutions Servi
ces
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4 Market Summary
- Regional Outlook for Assessment Services Market
analyses the following geographies - North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and
Southeast Asia) - South America (Brazil, Argentina, Colombia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt,
Nigeria, and South Africa)
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5 The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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6About Us
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
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including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise.
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