{"id":55632,"date":"2023-01-24T13:23:53","date_gmt":"2023-01-24T05:23:53","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=55632"},"modified":"2023-01-24T13:24:00","modified_gmt":"2023-01-24T05:24:00","slug":"contact-center-ai-market-to-grow-by-18-yoy","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/contact-center-ai-market-to-grow-by-18-yoy\/","title":{"rendered":"Contact center AI market to grow by 18% yoy"},"content":{"rendered":"
LONDON, UNITED KINGDOM \u2014 Market research firm Technavio estimates the global contact center artificial intelligence (AI) market to grow by 18.83% year-on-year (YOY) in 2023.\u00a0<\/span><\/p>\n Technavio cites the rising adoption of cloud-based call centers, necessity to improve CRM for effective revenue generation, and the increased demand for web self-service as the major drivers for the market\u2019s growth.\u00a0<\/span><\/p>\n On the other hand, the report notes integration issues between front-end and back-end knowledge bases, lack of information security and protection, and chatbots replacing manual work as some of the key challenges.\u00a0<\/span><\/p>\n The call center AI market size is estimated to grow by US$2.72 billion from 2022 to 2027 at a CAGR of 22.42% according to Technavio.<\/span><\/p>\n In 2017, the call center AI market was valued at US$947.32 million. From a regional perspective, North America held the largest market share, valued at US$324.46 million.\u00a0<\/span><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" LONDON, UNITED KINGDOM \u2014 Market research firm Technavio estimates the global contact center artificial intelligence (AI) market to grow by […]<\/p>\n","protected":false},"author":14,"featured_media":55611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[201],"tags":[],"yoast_head":"\n