What is Contact Center Systems?
Contact Center System provides call and contact routing to the resource and manages the contact traffic. It also provides inbound handling and contact distribution. This software is a switch based processor system located at the third party site which can support PBX or automatic call distributor installation. Additionally, Contact center system generates reports of historical activities and contains the features such as real time monitoring, agent status lookup, viewing the number of contacts in the queue and change agent status. Rising customer preferences is causing the adoption of contact center system.
The market study is broken down by Type (Cloud and On Premise), by Application (Customer experience management, Automatic call distributor, Real-time monitoring and reporting, Log management, Risk and compliance management and Workforce optimization) and major geographies with country level break-up.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Contact Center Systems market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Microsoft Corporation (United States), Cisco Systems (United States), Oracle (United States), Alcatel-Lucent Enterprise (France), Avaya, Inc. (United States), Enghouse Interactive, Inc. (United States), Five9, Inc. (United States), Genesys (United States) and inContact (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Mitel Corporation (Canada), SAP SE (Germany), Nice Systems Ltd (Israel), Huawei Technologies Co., Ltd (China), 3CLogic (United States), Aspect Software (United States) and NEC Corporation (Japan).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Contact Center Systems market by Type, Application and Region.
On the basis of geography, the market of Contact Center Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization type, the sub-segment i.e. SMEs will boost the Contact Center Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solutions will boost the Contact Center Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user, the sub-segment i.e. Banking, Financial Services, and Insurance will boost the Contact Center Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Adoption of cloud based contact center systems
- Rising adoption of social media platform and mobile analytics
Market Drivers
- Rising IT and telecom sectors are contributing towards the growth of this market
- Need of improving business sales by knowing the customers preferences and solving queries
Opportunities
- Rising need of better customer experience management solutions
Restraints
- High costs related to the contact center system
Challenges
- Issues related to the data privacy may hamper the market
- Stiff competition due to availability of major players
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.