article thumbnail

Forecasting the Future: BPO Trends of 2024

Execs In The Know

This seems true for the BPO industry, where technological advancements and shifting dynamics drive a parallel transformation narrative. While an emerging approach, a Gartner survey suggests that investments in hyper-automation will increase in 2024, making it a strategic technology trend to watch out for.

article thumbnail

The Future of Call Centers: Predictions and Trends for Call Center Software

Hodusoft

Whether it was the invention of the telephone in 1876 or the launch of the World Wide Web in 1989, call centers leveraged every emerging technology to achieve such a humongous market size. The industry is projected to reach USD 496 billion by 2027. billion by 2027. percent between 2022 and 2027. billion in 2020.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

DMG Consulting Releases 2023 – 2024 Interaction Analytics for the Enterprise Report

DMG Consulting

IA vendors are investing in artificial intelligence (AI) technologies to provide advanced offerings that more effectively identify customer intents, provide real-time guidance (RTG) to agents, predict customer satisfaction and propensities, automatically evaluate interaction quality, and much more.

article thumbnail

Voice of the Future: How Speech Analytics is Reshaping CX

MattsenKumar

As companies intensify their quest to deepen customer relationships, this technology emerges as a linchpin. The Meteoric Rise of Speech Analytics The gradual rise in customer expectations has driven businesses to invest in innovation like Speech Analytics lately. billion in 2027 at a compound annual growth rate (CAGR) of 17.3

CX 52
article thumbnail

Industry Report: State of the Contact Center 2022

Fonolo

The global contact center industry was valued at approximately $339 billion in 2020, and is expected to reach $496 billion by 2027! The more technology improves, the shorter our attention spans become, according to a study conducted by Microsoft. You can read the full report here , but here are some quick highlights!

article thumbnail

HoduCC Gartner Digital Markets May 2021

Hodusoft

It is our vision to make innovative market leading software accessible to businesses of all sizes. The data sources include approved user reviews, public data sources, and data from technology vendors. . This industry is expected to grow steadily in the next few years and reach a value of 496 billion USD by 2027. .

article thumbnail

How Can Contact Center AI Change (and Lift) Customer Experience and Engagement?

Ameyo Callversations

In a digital-first post-pandemic world, exceptional customer experience has become a priority without stepping out, and organizations are paying close attention to making it happen with inbuilt AI technologies in contact and cloud centers. A report predicts that the AI market size will reach US$ 270 billion by the end of 2027.