Cloud-based Contact Center Market size was valued at USD 35.1 billion in 2024 and is projected to reach USD 295.2 billion by the end of 2037, rising at a CAGR of 17.8% during the forecast period, i.e., 2025-2037. In 2025, the industry size of cloud-based contact center is estimated at USD 41.3 billion.
The market is expanding steadily in recent years owing to the growing demand for convenient, highly effective tools to communicate with customers. Organizations are implementing these systems to provide integrated multichannel customer engagements that can help to reduce operational expenses. Also, the penetration of artificial intelligence and automation is facilitating the advancement and improvement of processes in the contact centers and increasing customer satisfaction. In December 2022, Lumen Technologies introduced Lumen Solutions for Contact Centre-Genesys Cloud, which has strengthened Lumen’s association with Genesys for more personalized customer communication tools. Such collaborations are anticipated to propel industry growth during the forecast period.
Governments are also playing a crucial role in the growth of cloud contact centers as they are promoting the use of IT solutions through digital transformation and the usage of secure communication technologies. Such a shift is more evident in industries like healthcare, public service, and the financial industry mainly because of regulation on data. For instance, Japan has heavily invested in developing its digital environment that pays much attention to secure data. Such measures have made corporations integrate cloud communication solutions in their working processes, adhering to the data protection laws and propelling the market.
Author Credits: Abhishek Verma
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