Market Overview:
The global call center workforce optimization software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based and web-based call center workforce optimization software solutions by large enterprises and SMEs across the globe. North America is expected to lead the global call center workforce optimization software market in terms of revenue during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
The term "call center workforce optimization software" refers to a category of software that is designed to help call center managers and supervisors better manage their staff. This type of software can automate many tasks related to managing the workforce, including scheduling, routing calls, and monitoring agent performance. Additionally, call center workforce optimization software can provide reporting and analytics that allow managers to identify areas where they may be able to improve agent productivity or make other changes in order to optimize operations.
Cloud Based:
Cloud-based software is a type of software service that provides solutions to business problems by helping users access data from any location and use it effectively. The cloud based workforce optimization (WBO) software industry has been experiencing significant growth over the past few years owing to several benefits such as scalability, flexibility, mobility, and cost efficiency offered by this technology. Cloud-based WBO solutions help businesses in improving their customer experience while reducing operational costs significantly.
Web Based:
The web-based software is used to enhance workforce optimization in contact centers. It helps businesses to effectively manage employee shifts, schedules, and locations. The software also provides real-time data on employee performance and enables organizations to make effective decisions regarding staff augmentation or reduction.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and is expected to continue leading over the forecast period. The growth of this segment can be attributed to factors such as increasing demand for customer service solutions, growing preference for contact center solutions by large organizations, and favorable government policies. For instance, according to a study conducted by Gainsight Research in 2018, nearly 70% of the companies with more than 250 employees have implemented some form of workforce optimization software.
The SMEs segment is projected to register significant growth over the forecast period owing to increased penetration of workforce optimization software among small businesses due largely it being an affordable solution that offers value-added features required by these smaller organizations. Furthermore, major industry players such as Microsoft Corporation; Cisco Systems Inc.; and IBM Corporation are providing extensive support through their respective SMEs centers across countries such as India; U.K.; Australia; New Zealand; U.S., etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to various factors such as increasing outsourcing activities, technological advancements, and high adoption of workforce optimization software by enterprises for improving employee engagement levels.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand from call center service providers in countries such as India and China who are adopting these solutions rapidly due to increased competition among telecom service providers and IT companies for gaining customer attention at any cost costs have reduced significantly since last few years which has resulted into increased outsourcing activities by large enterprises leading them adopt workforce optimization software solutions offered by third parties thereby driving regional market growth. ‘’The Outsourcing Solution Company Ltd.
Growth Factors:
- Increasing demand for customer service and support: The growth of the e-commerce industry has led to an increase in the demand for customer service and support. This is driving the need for call center workforce optimization software, which can help organizations manage their resources more efficiently.
- Growing number of contact centers: The number of contact centers is growing rapidly, due to the increasing demand for customer service and support. This is creating a need for call center workforce optimization software, which can help these organizations manage their resources more effectively.
- Rising labor costs: Labor costs are rising rapidly, making it increasingly important for organizations to optimize their call center workforce using effective tools such as call center workforce optimization software.
Scope Of The Report
Report Attributes
Report Details
Report Title
Call Center Workforce Optimization Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Five9, eTollFree, Talkdesk, Twilio Flex, Genesys, ChaseData, NICE inContact, PhoneBurner, Nextiva, Aspect, RingCentral, PanTerra, XenCALL, Omnitraq, Zendesk, Sharpen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Call Center Workforce Optimization Software Market Report Segments:
The global Call Center Workforce Optimization Software market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Five9
- eTollFree
- Talkdesk
- Twilio Flex
- Genesys
- ChaseData
- NICE inContact
- PhoneBurner
- Nextiva
- Aspect
- RingCentral
- PanTerra
- XenCALL
- Omnitraq
- Zendesk
- Sharpen
Highlights of The Call Center Workforce Optimization Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Call Center Workforce Optimization Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Call center workforce optimization software is a computer program that helps organizations manage their call centers more effectively. It can help identify and address problems with the call center's staffing, operations, and customer service.
Some of the major companies in the call center workforce optimization software market are Five9, eTollFree, Talkdesk, Twilio Flex, Genesys, ChaseData, NICE inContact, PhoneBurner, Nextiva, Aspect, RingCentral, PanTerra, XenCALL, Omnitraq, Zendesk, Sharpen.
The call center workforce optimization software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Call Center Workforce Optimization Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Call Center Workforce Optimization Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Call Center Workforce Optimization Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Call Center Workforce Optimization Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Call Center Workforce Optimization Software Market Size & Forecast, 2018-2028 4.5.1 Call Center Workforce Optimization Software Market Size and Y-o-Y Growth 4.5.2 Call Center Workforce Optimization Software Market Absolute $ Opportunity
Chapter 5 Global Call Center Workforce Optimization Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Call Center Workforce Optimization Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Call Center Workforce Optimization Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Call Center Workforce Optimization Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Call Center Workforce Optimization Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Call Center Workforce Optimization Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Call Center Workforce Optimization Software Analysis and Forecast
9.1 Introduction
9.2 North America Call Center Workforce Optimization Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Call Center Workforce Optimization Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Call Center Workforce Optimization Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Call Center Workforce Optimization Software Analysis and Forecast
10.1 Introduction
10.2 Europe Call Center Workforce Optimization Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Call Center Workforce Optimization Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Call Center Workforce Optimization Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Call Center Workforce Optimization Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Call Center Workforce Optimization Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Call Center Workforce Optimization Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Call Center Workforce Optimization Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Call Center Workforce Optimization Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Call Center Workforce Optimization Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Call Center Workforce Optimization Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Call Center Workforce Optimization Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Call Center Workforce Optimization Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Call Center Workforce Optimization Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Call Center Workforce Optimization Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Call Center Workforce Optimization Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Call Center Workforce Optimization Software Market: Competitive Dashboard
14.2 Global Call Center Workforce Optimization Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Five9
14.3.2 eTollFree
14.3.3 Talkdesk
14.3.4 Twilio Flex
14.3.5 Genesys
14.3.6 ChaseData
14.3.7 NICE inContact
14.3.8 PhoneBurner
14.3.9 Nextiva
14.3.10 Aspect
14.3.11 RingCentral
14.3.12 PanTerra
14.3.13 XenCALL
14.3.14 Omnitraq
14.3.15 Zendesk
14.3.16 Sharpen