Product Code: ETC067963 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The contact center applications market in India is expected to experience rapid growth over the next few years, driven by factors such as increasing demand for customer service, evolving technologies and digital transformation of enterprises. Additionally, growing investments in enhanced customer service solutions, proliferation of cloud computing services and favourable government policies will further enhance the prospects of this market in India.
Rising Demand for Customer Service: With emerging technologies driving business operations across various industries, there is a need to provide tailored customer experiences which can be done through contact centers. This need has led to an upsurge in demand for advanced contact center applications that helps deliver superior customer support efficiently. Increasing Investments for Enhanced Customer Service Solutions: Enterprises are increasingly investing towards enhancing their customer service capabilities with automated processes like voice recognition systems or natural language processing tools that enable customers to connect with the right person quickly and effectively thereby improving overall satisfaction levels. Proliferation of Cloud Computing Services: Migration from legacy infrastructure to modern cloud based platforms have opened new opportunities that allow companies access reliable resources at low costs while also offering flexibility regarding scalability & customization options needed by organizations operating in diverse markets.
Deployment & maintenance of sophisticated Contact Center Applications comes with high cost pressures on companies making it difficult for SMEs and other small businesses who cannot afford these expensive solutions . Furthermore , rising competition has also increased pricing pressure resulting in lower margins being earned by vendors operating within this domain.
Growing Use Of Artificial Intelligence (AI) And Machine Learning (ML): AI-powered chatbots are becoming popular among customers who prefer chatting over calls or emails when solving simple queries related to products & services offered by companies . Furthermore , ML enabled algorithms help route calls accurately thus reducing wait times significantly while allowing agents more time to focus on specific tasks pertaining to each call.
Some major players operating within this space include Genesys , Avaya Inc., Cisco Systems Inc., Mitel Networks Corporation , Five9 Inc., NewVoiceMedia Ltd., NICE Ltd., SAP SE etc.
The COVID-19 pandemic has impacted nearly every industry worldwide including the Contact Center Applications Market due reduced workforce productivity amidst lockdowns implemented globally leading many organizations moving towards remote working models which required robust automation features depending upon different communication channels available at hand
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Contact Center Applications Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Contact Center Applications Market Revenues & Volume, 2021 & 2031F |
3.3 India Contact Center Applications Market - Industry Life Cycle |
3.4 India Contact Center Applications Market - Porter's Five Forces |
3.5 India Contact Center Applications Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 India Contact Center Applications Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.7 India Contact Center Applications Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
4 India Contact Center Applications Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Contact Center Applications Market Trends |
6 India Contact Center Applications Market, By Types |
6.1 India Contact Center Applications Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 India Contact Center Applications Market Revenues & Volume, By Category, 2018 - 2031F |
6.1.3 India Contact Center Applications Market Revenues & Volume, By Solutions, 2018 - 2031F |
6.1.4 India Contact Center Applications Market Revenues & Volume, By Services, 2018 - 2031F |
6.2 India Contact Center Applications Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 India Contact Center Applications Market Revenues & Volume, By BFSI, 2018 - 2031F |
6.2.3 India Contact Center Applications Market Revenues & Volume, By Healthcare, 2018 - 2031F |
6.2.4 India Contact Center Applications Market Revenues & Volume, By IT & Telecom, 2018 - 2031F |
6.2.5 India Contact Center Applications Market Revenues & Volume, By Consumer Goods & Retail, 2018 - 2031F |
6.2.6 India Contact Center Applications Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 India Contact Center Applications Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 India Contact Center Applications Market Revenues & Volume, By Hosted, 2018 - 2031F |
6.3.3 India Contact Center Applications Market Revenues & Volume, By On-premise, 2018 - 2031F |
7 India Contact Center Applications Market Import-Export Trade Statistics |
7.1 India Contact Center Applications Market Export to Major Countries |
7.2 India Contact Center Applications Market Imports from Major Countries |
8 India Contact Center Applications Market Key Performance Indicators |
9 India Contact Center Applications Market - Opportunity Assessment |
9.1 India Contact Center Applications Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 India Contact Center Applications Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.3 India Contact Center Applications Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
10 India Contact Center Applications Market - Competitive Landscape |
10.1 India Contact Center Applications Market Revenue Share, By Companies, 2024 |
10.2 India Contact Center Applications Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |