Unveiling the Power of Speech Analytics: Transforming Customer Insights in the Digital Era


Posted January 25, 2024 by adityamaximize

Speech Analytics Market was valued at US$ 2.30 Bn in 2022 and is expected to reached at US$ 8.84 Bn in 2029. Speech Analytics Market size is expected to grow at a CAGR of 21.2% through the forecast period.
 
Speech Analytics Market Overview

The report provides an overview of the Speech Analytics market, its definition, structure, and preventive and pre-planned management. It also helps determine the future potential of the Speech Analytics market in the forecast years. The report presents a market overview through common topics that are highlighted with unique data based on the need, which can help you make decisions about how to approach the Speech Analytics industry.

Speech Analytics Market Report Scope and Research Methodology

The report provides a comprehensive analysis of the global Speech Analytics market. It forecasts revenue growth at the global, regional, and country levels, and provides a detailed analysis of the latest trends in each segment of the Speech Analytics market. The report offers a qualitative and quantitative analysis, with a comprehensive review of the key Speech Analytics market drivers, restraints, opportunities, and challenges. It also includes an analysis of the value chain, PESTLE analysis, Porter's Five Forces model, competitive landscape, key players benchmarking, market dynamics, market forecasts in terms of value, and future trends in the Speech Analytics market. SWOT analysis was employed to identify the strengths and weaknesses of the Speech Analytics key competitors in the industry.

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Speech Analytics Market Regional Insights

Geographically, the report is segmented into several key countries with detailed analysis including market size, growth rate, import and export, which covers North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

Speech Analytics Market Segmentation

by Component

1. Solutions
1.1 Speech Engine
1.2 Indexing and Query Tools
1.3 Reporting and Visualization Tools
1.4 Quality Management
1.5 Root Cause Analysis
1.6 Other Solutions (Emotion Detection and Workforce Optimization)
2. Services
2.1 Professional Services
2.1.1 Training and Consulting
2.1.2 System integration and implementation
2.1.3 Support and Maintenance
2.2 Managed Services

by Application

1. Customer Experience Management
2. Call monitoring and summarization
3. Agent performance monitoring
4. Sales and marketing management
5. Risk and compliance management
6. Sentiment analysis
7. Other Applications

by Deployment Mode

1. Cloud

2. On-premises

by Organization Size

1. Large enterprises
2. Small and medium-sized enterprises (SMEs)

by End-User

1. Banking Finance Services and Insurance (BFSI)
2. IT and Telecom
3. Media and Entertainment
4. Healthcare and Life Sciences
5. Retail and eCommerce
6. Travel and Hospitality
7. Government and Defense
8. Healthcare and life sciences
9. Other Verticals

Speech Analytics Key Players

1. Verint Systems
2. Avaya
3. Calabrio
4. CallMiner
5. Clarabridge
6. Almawave
7. Voci Technologies
8. Zoom International
9. NICE Systems
10. Genesys
11. HPE
12. Tatwa Technologies

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Key Questions answered in the Speech Analytics Market Report are:

Who are the prominent players in the Speech Analytics market?
What is the expected CAGR of the Speech Analytics market during the forecast period?
Which segment held the largest share in the Speech Analytics market?
Which are the key factors driving the Speech Analytics market growth?
Which region holds the maximum share in the Speech Analytics market?
What is the expected CAGR of the Speech Analytics market during the forecast period?
Key Offerings:

A detailed Market Overview
Market Share
Market Size
Market Forecast by Revenue
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape - Leading key players and other prominent key players.
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Tags speech analytics market
Last Updated January 25, 2024