Call Center AI Market Synopsis
Global Call Center AI Market size is expected to grow from USD 1.60 Billion in 2022 to USD 7.60 Billion by 2030, at a CAGR of 21.5% during the forecast period (2023-2030).
Call Center AI automation refers to the use of software or technology to perform routine, time-consuming tasks, and processes in a call center. The goal of automation is to optimize resources and lower costs. AI is designed to enhance the efficiency and effectiveness of call centers, streamline customer interactions, and improve overall customer satisfaction.
- AI helps to measure call center analytic metrics such as call times, first call resolutions, blocked calls, and so on. It helps save the workforce time measuring and analyzing the metrics themselves. AI software and other technologies gather and measure analytics faster than a regular human worker. AI-based call analytics software can review customer interaction data from your call centers. AI can help to discover the problems of customers’ experience and discover customer issues to focus on resolving.
- Voice recognition technology in AI systems allows users to understand spoken language, especially valuable for voice-based customer interactions. It includes interactive voice response (IVR) systems and voice assistants. Developments in other fields of artificial intelligence, such as machine learning and natural language processing, allow call center AI to learn from the data collected in calls and provide better assistance to agents. As the digital landscape evolves, the demand for Call Center AI is expected to grow, industry shifts toward intelligent and automated customer service solutions.
Call Center AI Market Trend Analysis:
Improved Customer Services
- Call Center AI enhances customer interactions by offering accurate, and personalized responses and has improved the quality of customer service by providing 24/7 support, reducing wait times, and offering quick responses to customer inquiries. This helped in improving customer satisfaction and loyalty. Virtual agents and chatbots can handle customer inquiries 24/7, and ensure customers receive assistance when they need it, even outside of traditional business hours.
- The implementation of AI in call centers empowers agents with intelligent tools, enabling them to resolve issues more efficiently. Natural Language Processing (NLP) and Machine Learning algorithms enable these systems to understand and respond to customer inquiries with human-like comprehension. AI helps in analyzing customer data to personalize interactions. Virtual agents can recommend products and services based on a customer's purchase history, offer solutions, and address customers by their names, making interactions more engaging and relevant.
Rising Demand for AI technology
- AI solutions communicate in multiple languages, allowing companies to serve a diverse and global customer base effectively. AI helps companies to reduce labor costs and optimize resource allocation. AI will help in processing and analyzing large volumes of customer interaction data, enabling call centers to gain valuable insights into customer behavior, needs, and pain points. These data-driven approaches help in decision-making and improving services.
- As customers become more technophiles and habitual to AI-driven services in other industries, it will increase expected efficient and personalized experiences with interacting with call centers' AI. AI can help ensure compliance with regulations and security protocols by monitoring and analyzing customer interactions for potential risks and violations.
Call Center AI Market Segment Analysis:
Call Center AI Market is Segmented Based on By Component Type, Deployment Model, Size, and End-User
By Deployment Model, Cloud segment is expected to dominate the market during the forecast period.
- The Cloud deployment offers unparalleled advantages, positioning it as the preferred choice for businesses adopting Call Center AI solutions. Cloud-based deployment facilitates seamless accessibility, enabling organizations to implement and manage Call Center AI solutions remotely.
- The Cloud's scalability allows businesses to dynamically adjust resources according to fluctuating demand, ensuring optimal performance and resource utilization. As organizations prioritize digital transformation, the Cloud deployment model in the Call Center AI market emerges as a strategic choice and contemporary trend providing a competitive advantage in the evolving technologies.
Call Center AI Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast Period
- The Asia Pacific region is set to dominate the Call Center AI market in the forecast period, growing widespread adoption of advanced technologies and a strong focus on digital transformation for improved customer service efficiency and competitiveness. The Asia Pacific region is at the forefront of technological advancement in artificial intelligence and machine learning. Countries in the Asia Pacific region such as India, China, Thailand, and Singapore, have rapid growth in digital technologies. The adoption of cloud-based contact centers is expected to increase demand for call center artificial intelligence (AI) and will speed up market growth.
- Cloud-based solutions are helping call centers to easily adjust resources to meet changing call volumes and business needs. Businesses in the Asia Pacific region prioritize technology, especially Call Center AI, to enhance customer service efficiency and competitiveness. The adoption is increasing focus on operational excellence, and cost-effectiveness to meet consumer expectations.
- Governments play an important role in the strategic development of AI technologies in the Asia Pacific Region. The government has implemented policies, low taxes, and incentives to boost innovation in the AI sector. The Asia Pacific region is leading the way in utilizing Call Center AI, establishing itself as a hub for innovation and technological advancement in customer service solutions.
Key Players Covered in Call Center AI Market:
- IBM (US)
- Microsoft (US)
- Oracle (US)
- AWS (US)
- Google (US)
- Avaya (US)
- Nuance Communications (US)
- Genesys (US)
- 8x8 (US)
- Zendesk (US)
- Five9 (US)
- RingCentral (US)
- Talkdesk (US)
- Dialpad (US)
- Twilio (US)
- Kore.ai (US)
- Inbenta (US)
- Pypestream (US)
- Rulai (US)
- Avaamo (US)
- Senseforth.ai (US)
- Observe.AI (US)
- Yellow.ai (US)
- SAP (Germany), and Other Major Players
Key Industry Development in The Call Center AI Market:
- In March 2022, Avaya forged a strategic alliance with Alcatel-Lucent, expanding the reach of Avaya's OneCloud CCaaS composable solutions to Alcatel-Lucent's global customer base. Simultaneously, digital networking solutions were made globally accessible to Avaya customers.
- In January 2022, Sprinklr and Google Cloud joined forces to revamp enterprises' Customer Experience Management strategies. This collaboration involved Sprinklr teaming up with Google Cloud to expedite its market outreach, enhance visibility among shared clients, and closely collaborate with the global salesforce. This partnership leverages deep relationships with enterprises opting for Google Cloud solutions.
Global Call Center AI Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 1.60 Bn. |
Forecast Period 2023-30 CAGR: |
21.5% |
Market Size in 2030: |
USD 7.60 Bn. |
Segments Covered: |
By Component Type |
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By Deployment Model |
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By Size |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- CALL CENTER AI MARKET BY COMPONENT TYPE (2016-2030)
- CALL CENTER AI MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SOLUTION
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 – 2030F)
- Historic And Forecasted Market Size in Volume (2016 – 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- SERVICES
- CALL CENTER AI MARKET BY DEPLOYMENT MODEL (2016-2030)
- CALL CENTER AI MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CLOUD
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 – 2030F)
- Historic And Forecasted Market Size in Volume (2016 – 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- ON-PREMISE
- CALL CENTER AI MARKET BY SIZE (2016-2030)
- CALL CENTER AI MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- LARGE
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 – 2030F)
- Historic And Forecasted Market Size in Volume (2016 – 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- SMALL
- MEDIUM
- CALL CENTER AI MARKET BY END-USER (2016-2030)
- CALL CENTER AI MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- TELECOM AND IT
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 – 2030F)
- Historic And Forecasted Market Size in Volume (2016 – 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- HEALTHCARE
- MEDIA AND ENTERTAINMENT
- MANUFACTURING
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Luxury Goods Market Share By Manufacturer (2022)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- IBM (US)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- MICROSOFT (US)
- ORACLE (US)
- AWS (US)
- GOOGLE (US)
- AVAYA (US)
- NUANCE COMMUNICATIONS (US)
- GENESYS (US)
- 8X8 (US)
- ZENDESK (US)
- FIVE9 (US)
- RINGCENTRAL (US)
- TALKDESK (US)
- DIALPAD (US)
- TWILIO (US)
- KORE.AI (US)
- INBENTA (US)
- PYPESTREAM (US)
- RULAI (US)
- AVAAMO (US)
- SENSEFORTH.AI (US)
- OBSERVE.AI (US)
- YELLOW.AI (US)
- SAP (GERMANY)
- COMPETITIVE LANDSCAPE
- GLOBAL CALL CENTER AI MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Component Type
- Historic And Forecasted Market Size By Deployment Model
- Historic And Forecasted Market Size By Size
- Historic And Forecasted Market Size By End-User
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Call Center AI Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 1.60 Bn. |
Forecast Period 2023-30 CAGR: |
21.5% |
Market Size in 2030: |
USD 7.60 Bn. |
Segments Covered: |
By Component Type |
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By Deployment Model |
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By Size |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Automotive Logistics Market research report is 2023-2030.
IBM (US), Microsoft (US), Oracle (US), AWS (US), Google (US), Avaya (US), Nuance Communications (US), Genesys (US),8x8 (US), Zendesk (US),Five9 (US), RingCentral (US), Talkdesk (US), Dialpad (US), Twilio (US),Kore.ai (US), Inbenta (US), Pypestream (US), Rulai (US), Avaamo (US),Senseforth.ai (US),Observe.AI (US),Yellow.ai (US), SAP (Germany), and Other Major Players.
The Call Center Al Market is segmented into Component Type, Deployment Model, Size, End-User, and region. By Component Type, the market is categorized into Solutions and services. By Deployment Model, the market is categorized into Cloud and On-premise. By Size, the market is categorized into Large, Small, and Medium. By End-User, the market is categorized into Telecom and IT, Healthcare, Media and Entertainment, and Manufacturing. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Call Center AI automation refers to the use of software or technology to perform routine, time-consuming tasks, and processes in a call center. The goal of automation is to optimize resources and lower costs. AI is designed to enhance the efficiency and effectiveness of call centers, streamline customer interactions, and improve overall customer satisfaction.
Global Call Center AI Market size is expected to grow from USD 1.60 Billion in 2022 to USD 7.60 Billion by 2030, at a CAGR of 21.5% during the forecast period (2023-2030).