Europe Speech Analytics market is estimated to grow from $120.6 million in 2014 to $352.5 million in 2019 - New Report by MicroMarket Monitor
(PRWEB) October 15, 2014 -- Europe Speech Analytics market report defines and segments the Speech Analytics market in Europe with analysis and forecast of revenue. This market is estimated to grow from $120.6 million in 2014 to $352.5 million in 2019, at a Compound Annual Growth Rate (CAGR) of 23.9% from 2014 to 2019.
Browse through the TOC of Europe Speech Analytics market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-speech-analytics-7496623951.html
The increasing need of market intelligence to address the cut-throat competition is one of the major drivers of speech analytics market in the European region. Most of the organizations based in Europe are adopting speech analytics solutions to gain business intelligence and formulate the latest promotional strategies accordingly. With the help of call analysis, the European enterprises analyze customer voices, understand specific requirements clearly, hidden information is unveiled and changing trends are monitored,
therefore facilitating marketing strategies.
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Europe Speech Analytics market is segmented and forecast on the basis of types such as on-premise and on-demand. The market is further segmented and forecast on the basis of applications such as business process management, agent performance management, customer experience management, market intelligence management, risk and compliance management, and others. The solutions of Europe Speech Analytics market include speech engine, indexing and analysis, query engine and search tool, reports and dashboards, and others. The services of Europe Speech Analytics market have been identified as professional service, and support and maintenance service. Europe Speech Analytics market has been segmented on the basis of major countries in this region such as U.K., Germany and others.
Early buyers will receive 10% customization on this report.
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Europe Speech Analytics market report also includes the market share, value chain analysis, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market including major companies that provide Europe Speech Analytics solutions.
Related Reports :
North America Speech Analytics Market
The North America speech analytics market is expected to grow from $241.8 million in 2014 to $696.2 million by 2019, at a CAGR of 23.6% from 2014 to 2019. The drivers for the North American market include growing number of call centers, increased voice importance in multi-channel world, new implementation areas, and the rising demand for cloud analytics & risk management solutions.
Speech analytics, also known as audio mining, is used to spot and analyze spoken words that bring structure to interactions and reveal information buried in the interaction between the customer contact centers and organizations. Speech analytics adoption optimizes workforce performance and enhances customer experience.
http://www.micromarketmonitor.com/market/north-america-speech-analytics-2719864200.html
Middle East and Africa Speech Analytics Market
The Middle East & Africa speech analytics market is expected to grow from $18.8 million in 2014 to $86.4 million by 2019, at a CAGR of 35.6% from 2014 to 2019. The drivers for the Middle East & Africa market include growing number of call centers, increased voice importance in multi-channel world, new implementation areas, and the rising demand for cloud analytics & risk management solutions.
Speech analytics, also known as audio mining, is used to spot and analyze spoken words that bring structure to interactions and reveal information buried in the interaction between the customer contact centers and organizations. Speech analytics adoption optimizes workforce performance and enhances customer experience.
The Middle East & Africa speech analytics market is growing rapidly and is majorly driven by the increasing IT spending in major verticals such as BFSI, telecommunication & IT, government, and healthcare & life sciences, among others, for business process management.
http://www.micromarketmonitor.com/market/middle-east-and-africa-speech-analytics-8726148166.html
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