Contact Center Market Scope
A contact center is also referred either as a customer interaction center or e-contact center which is a central point from which all customer contacts are managed. The contact center basically includes one or more call centers, but may include other types of customer contact to perform other functions like omni-channel customer support, including email, chat, voice over IP (VoIP) & website support. contact center generally part of an enterprise's overall customer relationship management (CRM) strategy. Contact centers found applications in inbound communication, outbound communication or a hybrid of both. It also have agents that can interact with customers via webchat, phone, email or other communication channels. The contact center infrastructure that is necessary to support communications may be located on the same premises or it can be located externally as cloud deployment.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | 3CLogic (United States), 8x8 (United States), Alcatel-Lucent Enterprise (France), Ameyo (Drishti-Soft; India), Aspect Software (United States), Avaya (United States), BT (England), Cisco (United States), Enghouse Interactive (United States), Fenero (United States), Five9 (United States), Genesys (United States), Huawei (China), IBM (United States), Mitel (Canada), NEC (Japan), NICE (Israel), Oracle (United States), RingCentral (United States), SAP (Germany), Solgari (Ireland) and Unify (Germany) |
CAGR | 12.6% |
"According to AMA, the Global Contact Center market is expected to see growth rate of 12.6% and may see market size of USD34.98 Billion by 2027." Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Contact Center market throughout the predicted period.
3CLogic (United States), 8x8 (United States), Alcatel-Lucent Enterprise (France), Ameyo (Drishti-Soft; India), Aspect Software (United States), Avaya (United States), BT (England), Cisco (United States), Enghouse Interactive (United States), Fenero (United States), Five9 (United States), Genesys (United States), Huawei (China), IBM (United States), Mitel (Canada), NEC (Japan), NICE (Israel), Oracle (United States), RingCentral (United States), SAP (Germany), Solgari (Ireland) and Unify (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Verizon (United States), Vocalcom (France), West Corporation (United States), Zendesk (United States) and ZTE (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Contact Center market by Type , by Application (Banking, Financial Services, and Insurance (BFSI), Consumer Goods and retail, Healthcare, IT and Telecom, Government, Travel and Hospitality, Media and Entertainment and Others) and Region with country level break-up.
On the basis of geography, the market of Contact Center 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).
region held largest market share in the year 2021.
Key players are involved in launching integrated software, making partnership to manage their customers more effectively and acquisition to grow internationally. For example, NICE launched NICE inContact CXone Workforce Optimization (WFO) Pro suite, to be deployed on traditional on-premises telephony platforms in 2018. Cisco Systems acquired BroadSoft to add cloud calling and contact center solutions to Cisco's calling, meetings, messaging, customer care, hardware endpoints, and services portfolio in May 20
Influencing Trend:
Miniaturization and extra embedded systems are available in the market
Market Growth Drivers:
Growing necessity of effective management of dynamic customers requirement data and Increasing adoption of omnichannel communication
Restraints:
Data security concerns and Increasing traffic
Opportunities:
Growing adoption of cloud based and artificial intelligent technologies and Rapid integrations in customers contacts fields like email, text, voice or mobile
Key Target Audience
Software providers, Service providers, System integrators, Platform providers, Internet service providers, Government and research organizations, Investors and End-users (Industry verticals)