Global Cloud Contact Center Solutions Growth Opportunities

This Frost & Sullivan research service analyzes the global contact center (CC) solutions market, focusing on the cloud segment. The study categorizes the market into 4 key regions: North America, Europe, Asia-Pacific, and the Caribbean and Latin America. Cloud CC solutions provide flexible scalability and better business continuity, disaster recovery, and cost-effectiveness than traditional on-premises CCs. With the changes brought about by the pandemic, CC application vendors and service providers had to respond to the remote working needs of the industry, provide free/trial offers for remote agents, position aggressive pricing models, and accelerate the migration to the cloud or hybrid deployment alternatives in a remarkably short period. The rise of a hybrid CC environment—in which several agents work remotely and others work at the delivery site—will increase the need for flexible and agile solutions and drive further growth. The study identifies the factors driving and restraining the industry as well as the growth opportunities arising from the emerging changes that market players can leverage. The study provides regional revenues and global figures. The market shares for the top selected participants have also been provided. The base year is 2021. The forecast period is from 2022 to 2026.