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North American Speech Analytics Market is Expected to Reach $614.13 Million by 2019, at a CAGR of 21.4% From 2014 to 2019


News provided by

MicroMarket Monitor

25 Feb, 2015, 19:00 GMT

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FORT WORTH, Texas, February 26, 2015 /PRNewswire/ --

The North American speech analytics market report defines and segments the speech analytics market in the North America with analysis and forecast of revenue. This market is estimated to grow from $233.16 million in 2014 to $614.13 million in 2019, at a Compound Annual Growth Rate (CAGR) of 21.4% from 2014 to 2019.

Browse through the TOC of North American speech analytics market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

http://www.micromarketmonitor.com/market/north-america-speech-analytics-2719864200.html

Early buyers will receive 10% customization on this report.  

Speech analytics, also known as audio mining, is used to identify and analyze interactions between the customers and contact centers. Speech analytics adoption optimizes workforce performance and enhances customer experience.

The drivers for the North American market include growing number of call centers, increasing importance of speech analysis, new implementation areas, and the rising demand for cloud analytics and risk management solutions.

Speak to Analyst @http://www.micromarketmonitor.com/contact/2719864200-speak_to_analyst.html 

North America is the strongest market for speech analytics and has the highest penetration rate as majority of the analytics companies are based in this region. The increasing number of call centers is one of the key driving factors of speech analytics market in this region. Previously, call centers were considered only to centralize calls, reduce costs, and support sales team. However, in the current scenario, speech analytics technology is mostly being used in call centers to extract valuable business intelligence.

The report provides competitive benchmarking of the leading players in the market, such as NICE, Verint, HP Autonomy, CallMiner, and Nexidia, among others, in terms of product offerings, key strategies, and operational parameters. In addition to this, the report provides market trends, overall adoption scenarios, competitive landscape, key drivers, restraints, and opportunities in this market. Furthermore, the report aims at estimating the current size and the future growth potential of this market across different applications, verticals, and regions.

Related Reports: 

The Latin American Speech Analytics Market is expected to grow from $9.69 million in 2013 to $56.52 million by 2018, with an expected CAGR of 38.2% for the period 2013-2018. This market contributes 2.75% of the global market and will remain stable at 2.75% due to economic factors by 2018. This market is segmented by regions, applications, companies and technologies.

http://www.micromarketmonitor.com/market/latin-america-speech-analytics-1186273158.html

Report Subscription: 

MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the ICT industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for ICT industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.   

http://www.micromarketmonitor.com/offerings/subscription

About MicroMarket Monitor: 

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Contact: 
Mr. Chandrasekhar K. 
5601 Bridge Street 
Suite 300 
Fort Worth, TX 76112 
Tel: +1-888-502-0539 
Email: sales@micromarketmonitor.com

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