Global Speech Analytics
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Speech Analytics market size was $1.81 Billion in 2022 and it is forecasted to reach $4.86 Billion by 2030. Speech Analytics Industry's Compound Annual Growth Rate will be 12.21% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Speech Analytics market size was $1.81 Billion in 2022 and it is forecasted to reach $4.86 Billion by 2030. Speech Analytics Industry's Compound Annual Growth Rate will be 12.21% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Speech Analytics Market Sales Revenue 2022 | $ 1.81 Billion |
Global Speech Analytics Market Sales Revenue 2030 | $ 4.86 Billion |
Global Speech Analytics Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.21% |
Market Split by Deployment Mode |
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Market Split by Application |
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Market Split by Component |
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Market Split by Enterprise Size |
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Market Split by Industry Vertical |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Speech Analytics industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Speech Analytics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Speech analytics is a system, which analyzes customer conversations from real-time or recorded audio data using artificial intelligence and natural language processing. Call centers are leveraging speech analytics solutions for notable benefits such as improved customer experience, quality assurance metrics, real-time insights, identifying opportunities for upselling, and reduced risk of non-compliance.
Increasing demand for speech authentication analysis solutions and the use of speech authentication analysis solutions in the retail and e-commerce sectors are expected to drive the growth of the speech analytics market. Furthermore, increasing utilization of artificial intelligence and machine learning-based technology to enable useful consumer insights is expected to create growth opportunities for the speech analytics market. However, concerns associated with data privacy and security are anticipated to restrict the growth of the speech analytics market.
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In September 2022, Vonage has launched Vonage AI Studio, a low code/no code tool to design, create and deploy customer engagement solutions that operate in natural language using artificial intelligence
Top Companies Market Share in Speech Analytics Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Speech Analytics Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Speech Analytics Industry growth. Speech Analytics market has been segmented with the help of its Deployment Mode, Application Component, and others. Speech Analytics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Speech Analytics market.
Deployment Mode of Speech Analytics analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Speech Analytics Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Speech Analytics from 2019 to 2031. This will also help to analyze the demand for Speech Analytics across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Speech Analytics are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Speech Analytics market report 2024 Edition by contacting our team.
Based on the component, the solution segment has the largest revenue share in the speech analytics market. This is due to the increasing demand for reporting and visualization tools across retail industries, mitigating compliance & risks expected to drive the growth of the solution segment.
Based on enterprise size, the large enterprise segment has the largest revenue share in the speech analytics market. This is attributed to large enterprises enhancing total production and sales projected to drive the growth of this segment.
Based on the industry vertical, the BFSI segment has the largest revenue share in the speech analytics market. This is due to the increasing demand for speech analytics in the BFSI sector expected to drive the growth of this segment.
North America has the largest revenue share in the speech analytics market. This is due to the increasing adoption of several cloud-based services by way of production systems and several distribution channels in the region.
The current report Scope analyzes Speech Analytics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Speech Analytics Market is witnessing significant growth in the near future.
In 2023, the On Remise segment accounted for noticeable share of global Speech Analytics Market and is projected to experience significant growth in the near future.
The Customer Experience Management segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Interactive Intelligence Group, Verint Systems and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Deployment Mode | On Remise, Cloud |
Application | Customer Experience Management, Call Monitoring and Summarization, Agent Performance Monitoring, Sales and Marketing Management, Quality Management, Risk and Compliance Management, Others |
Component | Solution, Services |
Enterprise Size | Large Enterprises, SMEs |
Industry Vertical | BFSI, IT and Telecom, Media and Entertainment, Healthcare and Life Sciences, Travel and Hospitality, Retail and eCommerce, Government and Defence, Others |
List of Competitors | Interactive Intelligence Group, NICE Systems, Verint Systems, Avaya, Genesys, Hewlett Packard Enterprise, inContact, Calabrio, CallMiner, ClaraBridge |
This chapter will help you gain GLOBAL Market Analysis of Speech Analytics. Further deep in this chapter, you will be able to review Global Speech Analytics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Speech Analytics Market Trends North America Speech Analytics Technological Road Map North America Speech Analytics Market Drivers North America Speech Analytics Market Restraints North America Speech Analytics Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Deployment Mode Analysis 2019 -2031, will provide market size split by Deployment Mode. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Deployment Mode Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Component Analysis 2019 -2031
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Chapter 13 Market Split by Enterprise Size Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Industry Vertical Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Speech Analytics market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why On Remise have a significant impact on Speech Analytics market? |
What are the key factors affecting the On Remise and Cloud of Speech Analytics Market? |
What is the CAGR/Growth Rate of Customer Experience Management during the forecast period? |
By type, which segment accounted for largest share of the global Speech Analytics Market? |
Which region is expected to dominate the global Speech Analytics Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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