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Speech Analytics Market Analysis, Share and Size, Trends, Industry Growth, Overview And Segment Forecasts To 2025
The speech analytics market is expected to reach USD 1.64 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to witness a robust growth exceeding a CAGR of 10% over the forecast period. This growth is ascribed to the increasing emphasis by organizations on improving the market intelligence capabilities along with the growing prominence of voice in the multichannel world. The number of contact centers is increasing, resulting in industry players to innovate speech analytics solutions, which help companies understand the changing customer requirements. The technology has been increasingly adopted in consumer electronics devices, including laptops, smartphones, and tablets, as it significantly increases the enterprise's scope as well as improves performance. This, in turn, has resulted in elevating adoption of speech analytics solutions worldwide. In addition, upcoming technologies, such as voice print authentication, are estimated to spur growth over the coming years. Browse Detail Report With TOC @ http://www.hexareports.com/report/speech-analytics-market Furthermore, the rising demand for risk management solutions and cloud analytics is also anticipated to favorably impact growth over the next nine years. These solutions offer several growth opportunities as this solution helps optimize performance and enhance customer experience. However, issues pertaining to lack of awareness and rise in cost may pose a challenge to the speech analytics market growth in the near future.
Hexa Reports Market Research Reports and Insightful Company Profiles Further key findings from the report suggest: The service segment is anticipated to grow at a CAGR exceeding 8.0% from 2016 to 2025, which is attributed to the wide product and solution portfolio offerings by service firms operating in the market. The cloud-based deployment segment captured over 25.0% of the total revenue share in 2015 and is anticipated to exhibit growth of over 9.0% from 2016 to 2025, primarily ascribed to the cost benefits and improved performance offered by cloud over the on-premise solutions, along with the increasing adoption of cloud analytics in contact centers. Speech analytics allows organizations to work on unstructured data obtained through customer interactions to enhance customer experience and gain a competitive advantage on account of which the small & medium-sized enterprise segment is expected to gain prominence over the forecast period. Request A Sample copy of This Report @ http://www.hexareports.com/report/speech-analytics-market/request-sample The telecommunication segment accounted for a significant market share in 2015, capturing over 15% of the entire revenue share in the same year, which is majorly due to the integration of speech analytics into enterprise systems to enhance efficiency as well as customer experience. Asia Pacific is expected to emerge as the fastest growing region with a CAGR exceeding 12.0% over the forecast period, which is mainly on account of rapid industrialization, and since, organizations have become more competitive and are focusing on better customer service. Table Of Content Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources 1.4. List of Abbreviations Chapter 2. Executive Summary 2.1. Market Snapshot Chapter 3. Speech Analytics Market Variables, Trends & Scope 3.1. Market Segmentation &Scope 3.2. Penetration &Growth Prospect Mapping 3.3. Value Chain Analysis 3.4. Market Dynamics 3.5. Penetration &Growth Prospect Mapping 3.6. Speech Analytics Market - Porter's Analysis 3.7. Speech Analytics Market Share Analysis, 2015
Hexa Reports Market Research Reports and Insightful Company Profiles 3.8. Speech Analytics Market- PEST Chapter 4. Speech Analytics: Type Estimates & Trend Analysis (USD Million) 4.1. Global Speech Analytics Market Share by Type, 2015 & 2025 4.2. Solution 4.3. Service Chapter 5. Speech Analytics: Deployment Estimates & Trend Analysis (USD Million) 5.1. Global Speech Analytics Market Share by Deployment, 2015 & 2025 5.2. On-premise 5.3. Cloud Chapter 6. Speech Analytics: Enterprise Size Estimates & Trend Analysis (USD Million) 6.1. Global Speech Analytics Market Share by Enterprise Size, 2015 & 2025 6.2. Small &Medium Enterprises (SMEs) 6.3. Large Enterprises Technology Market Research Related Reports:  Gardening Equipment Market Analysis And Segment Forecasts, 2014-2025 http://www.hexareports.com/report/gardening-equipment-market  Logistics Insurance Market Analysis And Segment Forecasts, 2014-2025 http://www.hexareports.com/report/logistics-insurance-market Chapter 7. Speech Analytics: End-use Estimates & Trend Analysis (USD Million) 7.1. Global Speech Analytics Market Share by Application, 2015 & 2025 7.2. BFSI 7.3. Telecommunication 7.4. IT 7.5. Retail 7.6. Healthcare 7.7. Government 7.8. Hospitality 7.9. Others Chapter 8. Speech Analytics: Regional Estimates & Trend Analysis (USD Million) 8.1. Global Speech Analytics Market Share by Region, 2015 & 2024 8.2. North America 8.3. Europe 8.4. Asia Pacific 8.5. Latin America 8.6. Middle East & Africa (MEA) Chapter 9. Competitive Landscape
Hexa Reports Market Research Reports and Insightful Company Profiles 9.1. Company Market Share Analysis, 2015 9.2. Vendor Landscape 9.3. Competitive Environment 9.4. Company Market Positioning 9.5. Strategy Framework Chapter 10. Company Profiles 10.1. ASC Technologies 10.2. Avaya 10.3. Business Systems 10.4. Calabrio 10.5. CallMiner 10.6. Clarabridge 10.7. GemaTech 10.8. Genesys 10.9. inContact 10.10. Interactive Intelligence Group Inc. 10.11. New Voice Media 10.12. NICE Systems 10.13. OnviSource 10.14. OPEX Hosting 10.15. Verint About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/ Visit our Blog: http://hexareports.blogspot.com/ Like our Facebook page: https://www.facebook.com/hexareportsindustry/ Follow us on LinkedIn: https://www.linkedin.com/company/hexa-reports-inc-