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Call Center AI Market Trends

  • Report ID: GMI6766
  • Published Date: Jul 2024
  • Report Format: PDF

Call Center AI Market Trends

AI-powered virtual agents are an emerging trend in the call center AI industry due to their transformative impact on customer services. These virtual agents, powered by advanced Natural Language Processing (NLP) and Machine Learning (ML) technologies, can swiftly & accurately handle routine customer inquiries, thereby enabling the freeing of human agents for more complex tasks. They offer 24/7 availability, consistency in responses, and the ability to handle high call volumes. As businesses prioritize efficiency & cost-effectiveness, AI virtual agents are becoming integral in delivering superior customer experiences while optimizing operational resources, making them a prominent trend in the industry.
 

Omnichannel support is an emerging trend in the call center AI market owing to the need for unified & seamless customer experiences. Businesses are increasingly adopting AI solutions to integrate customer support across multiple communication channels including voice, chat, email, and social media. This trend ensures consistent & personalized interactions, regardless of the channels chosen by customers. AI-powered omnichannel solutions enable efficient issue resolutions, reduce customer frustrations, and enhance the overall satisfaction. As customer expectations evolve, the adoption of AI for omnichannel support will become crucial for businesses striving to deliver superior services and retain customer loyalty.
 

For instance, in March 2023, Sprinklr launched 120 new customer service features and 25 AI innovations for enhancing its omnichannel customer services. These innovations are designed to streamline & optimize customer interactions across various channels, thereby providing businesses with advanced tools to deliver exceptional customer experiences and efficiently manage customer support operations.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of call center AI reached USD 1.8 billion in 2023 and is set to witness 19.5% CAGR from 2024 to 2032, due to the rising cost of hiring & retaining call center agents and the increasing need for improved customer services worldwide.

The solution component segment held over 60% of the market share in 2023, on account of the increasing preference for versatile & specialized AI tools.

North America market registered over 30% of the revenue share in 2023, owing to the presence of mature tech ecosystem in the region.

IBM Corporation, Google LLC, Microsoft Corporation, Oracle Corporation, SAP SE, Amazon Web Services, and Genesys are some of the major call center AI companies worldwide.

Call Center AI Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 344
  • Countries covered: 20
  • Pages: 300
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