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Speech Analytics 101 (Market Focus)

Product Type: Market Research Report
Published by: Datamonitor
Published: April 2006
Product Code: R313-15770
Description
Introduction

Speech analytics is moving from a tool for governmental intelligence work to a commercially viable proposition in customer service.

Scope of this report
  • Global sizing and growth rates for 4 key verticals and the market as a whole
  • Draws from existing Datamonitor research on agent positions, CRM, and quality monitoring, as well as in-depth interviews with 12 vendors in the market
Research and analysis highlights

Speech analytics is not a disruptive technology, but a natural extension of trends within the customer-centric enterprise

Outsourcers, financial services vendors, and communications firms have powerful incentives to adopt speech analytics as a QM solution

Although government will continue to be a core revenue generator for this market, the proportion of revenue from the private sector will significantly increase

Key reasons to read this report
  • Identify strategic opportunities in a nascent market
  • Gain an understanding of the key uses of speech analytics
  • Understand what is motivating early adopters in this industry
Table of Contents
DATAMONITOR VIEW

CATALYST

SUMMARY

METHODOLOGY




ANALYSIS

Speech analytics is not a disruptive technology, but a natural extension of trends within the customer-centric enterprise


Contextual background

Recent developments

Uses of speech analytics


Outsourcers, financial services institutions and communications firms have powerful incentives to adopt speech analytics as a QM solution


Financial services

Communications

Outsourcers


Although government will continue to be a core revenue generator for this market, the proportion of revenue from the private sector will increase

The market as a whole is expected to quadruple through 2010




APPENDIX

Ask the analyst




List of Tables

Table 1: Revenue and growth rates for early adopter verticals, 2005-2010

Table 2: Public and private sector market proportions, 2005-2010

Table 3: Global revenues for speech analytics, 2004-2010




List of Figures

Figure 1: Revenues for early adopter verticals, 2005-2010

Figure 2: Growth rates for early adopter verticals, 2005-2010

Figure 3: Public and private sector market proportions, 2005 and 2010

Figure 4: Global revenues for speech analytics, 2005-2010

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