Global Call Centers Industry Assessment 2020-2025 - Cloud Communications Continue to Reshape the Sector
DUBLIN, May 20, 2020 /PRNewswire/ -- The "Call Centers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
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The Call Centers market worldwide is projected to grow by US$180.3 Billion, driven by a compounded growth of 6.6%.
In-House, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$381.3 Billion by the year 2025, In-House will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 7.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$8.4 Billion to the region's size and clout in the next 5 to 6 years. Over US$8.4 Billion worth of projected demand in the region will come from Rest of Europe markets.
In Japan, In-House will reach a market size of US$28.2 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.4% over the next couple of years and add approximately US$31.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- Impact of COVID-19 and a Looming Global Recession -- Call Centers: A Quick Primer -- Recent Market Activity -- Call Centers Tap Technology to Improve Operational Efficiency & Service Quality -- Addressing the Evolving Customer Experience -- Digital Transformation - Playing an Important Role -- Outlook -- Developing Markets Drive Growth -- Outsourced Call Center Services Market -- Despite Outsourcing Wave, In-House Call Centers Continue to Remain Dominant -- Offshore Call Centers: The Key Growth Vertical for Developing World -- A Brief Sketch of Major Offshore Destinations for Call Centers -- Onshore Call Centers - Still in the Reckoning -- Wave of Re-Shoring & Nearshoring Strategies -- Right Shoring Gains Traction in Call Center Operations -- Mass Market Call Centers Outnumber B2B Call Centers -- Multiple Outsourced Call Centers: Order of the Day -- Competition -- Leading Players -- Startups Spur Innovation in Call Center Industry -- Spurt in Mobile Telephony: The Key Driver of Industry Transformation Seen Over the Last Two Decades -- Global Competitor Market Shares -- Call Centers Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
2. FOCUS ON SELECT PLAYERS
-- [24]7 Inc. (USA) -- Alliance Data Systems, Inc. (USA) -- Alorica, Inc. (USA) -- Atento (Luxembourg) -- ATOS S.A. (France) -- BT Communications (Ireland) Limited (Ireland) -- Capita Customer Management Limited (UK) -- Concentrix (USA) -- Convergys Corp. (USA) -- Entel Call Center (Chile) -- EXL Service Holdings, Inc. (USA) -- Genpact Limited (Bermuda) -- HCL BPO Services NI Ltd (Ireland) -- IBEX Global (USA) -- IBM Global Process Services Pvt. Ltd (India) -- Plusoft Informatica Ltda (Brazil) -- Sitel (USA) -- Sykes Enterprises, Inc. (USA) -- Tata Consultancy Services Limited (India) -- Teleperformance SE (France) -- TTEC Holdings, Inc. (USA) -- West Corporation (USA) -- Wipro Ltd (India)
3. MARKET TRENDS & DRIVERS
-- Cloud Communications Continue to Reshape Call Centers market -- OmniChannel Strategy Offers Holistic Support -- Unified Communications Simplify Customer Engagement -- Artificial Intelligence Enhances Call Center Productivity -- Industry Displays Increasing Reliance on IVR -- Integration of Social Media with Call Center Operations Opens New Possibilities -- Opportunity Indicators -- Sustained Increase in Importance of Self-Service -- Focus Grows on Improved Contact Center Analytics -- Integrating CRM with Big Data Analytics Brings in Significant Benefits -- Companies Target Multi-Skilled Employees -- Increase in Remote Contact Center Agents -- Building Meaningful Collaboration among Agents and the Way they Work -- Multi-Language Contact Centers - A Key Trend -- From Cost Centers to Profit Centers - Call Centers Go Beyond Service & Support Functions to Adopt Sales & Marketing Capabilities -- Virtual Agents Model Emerges as a New Profitable Approach -- Hosted or Virtual Call Centers on the Rise -- Improving 'Customer Experience' Turns into Core Area for Call Centers -- KPIs and Metrics Take Center Stage -- Call Centers Embrace IP for Better Efficiency -- CRM: A Shot in the Arm for Call Centers -- Call Center Applications Diversify to Include Mobile Apps -- Video Emerges as a New Channel for Call Centers -- Voice/Speech Based Technologies Empower Call Center Training & Operations -- Workforce Management Solutions to the Fore -- Evolving Database Technologies and Management Strategies Guide Call Centers to Reach New Avenues -- Customer Support & Sales Force Automation Dominate Software Applications -- Multi-Site Call Routing Solutions: Popular with Large Global Firms -- Automatic Call Distributing (ACD) Products- From Standalone to Open and Networked Systems -- Key Issues -- Growing Digital Engagement Drags Down Voice Based Customer Interactions -- Simplifying Complexities in Call Center Processes: A Key Area of Focus -- Call Centers & the Regulatory Environment
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION (Total Companies Profiled: 135)
For more information about this report visit https://www.researchandmarkets.com/r/mr781g
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