Global Voice Analytics Market Size is estimated to expand rapidly in coming years, at a CAGR of 20.25 % from 2018 to 2025. In 2017, the global market valuation was USD 0.7 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Voice analytics is the use of a voice recognition instrument to evaluate and track the spoken discussion. Not only does voice analytics software translate speech to text, but it can also recognize microphone emotion and intention by evaluating audio patterns. Geographically, North America region is expected to be the highest growing region in the global market of voice analytics.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global voice analytics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global voice analytics market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Component Type Insights: On the basis of component, global voice analytics market has been segmented into solution and services. According to the research, the solution segment is expected to be the largest growing segment in the global market of voice analytics. The speech analytics solution enables customers to evaluate recordings or discussions to recognize speakers ' emotions and purpose. It helps to improve customer experience and strategic awareness, decrease client churn by anticipating clients at risk, and recognize hazards and fraud.

By Application Insights: On the basis of application, global voice analytics market has been segmented into sentiment analysis, sales, and marketing management, and call monitoring. Among which consulting segment is expected to be the highest growing region in the global market of voice analytics. Major retailers, retail managers, and salespeople involve consulting services for the improved economic outlook, improved performance increased efficiency, and converted retail-related company operations into more effective and cost-effective operations.

By End User Insights: On the basis of end-user, global voice analytics market has been segmented into SMEs and large enterprises. Large enterprises segment is expected to grow at a higher rate as compared to SMEs. Because of their wide customer base, large companies produce an enormous amount of information. Businesses are focusing on their key strengths and capacities to preserve their competitive advantage over all other competitors. These businesses have to provide better perspectives into client reactions and assist businesses to generate more income and value for their stakeholders.

Regional Analysis

The voice analytics market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, North America is expected to witness high growth in the upcoming timespan. The adoption of speech analytics alternative is anticipated to be the largest in North America relative to other areas. This is primarily due to the existence of multiple advanced markets, such as Canada and the US, and the growing concentrate on R&D and automation developments.

Asia Pacific region is expected to witness high growth in the market in the forecast period owing to the presence of an enormous amount of SMEs and large enterprises in the region. The deployment of speech analytics solutions on-site has been favored by big businesses as it enables them to hold on to their procedures and operations. Europe is anticipated to dominate the global voice analytics market over the projected period majorly owing to the growing effect of AI and increasing employee experience and enhancing cloud-based solutions are anticipated to generate extensive possibilities for speech analytics solution suppliers.

Global Voice Analytics Market Size, Share Analysis by Region 2017

Global Voice Analytics Market Study Objective

1. To forecast the market size of voice analytics market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of voice analytics market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of voice analytics market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of voice analytics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the voice analytics market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

NICE, Avaya, ThoughtSpot, Uniphore, Calabrio, Talkdesk, RankMiner, VoiceBase, Beyond Verbal, VoiceSense, SESTEK, audEERING, Invoca, and Xdroid are some of the key players in the market of voice analytics.

Global Voice Analytics Market Study Report Offer You!

The global voice analytics market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.