Market Overview:
The global interactive response technology 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 online surveys and growing need for real-time data analysis. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into EDC systems, CTMS, and eCOA systems. The EDC systems segment is expected to hold a major share in this market owing to its ability to manage clinical data effectively. On the basis of application, the IT sector accounts for a major share in this market owing to its growing demand for cloud-based solutions across various industries such as healthcare and retail.
Product Definition:
Interactive response technology is a system that allows students and teachers to interact with each other and educational materials through the use of handheld devices, such as tablets or smartphones. This technology can help improve student engagement, comprehension, and learning outcomes.
EDC Systems:
EDC systems is an emerging technology that stands for Electric-Discharge Combustion. It's a combination of laser technology and electric discharges which are used in various applications such as material processing, welding, cutting and marking etc. The EDC system market is expected to witness significant growth over the forecast period owing to its wide range of application and cost effectiveness as compared to other technologies available in the market.
CTMS:
CTMS is Customer Taking Losses or Consumer Mergers and acquisitions. It is a process of identifying opportunities for cross-selling, up-selling or customer retention in the retail industry. CTMS helps retailers to increase their sales by providing them with data on customers’ buying history and other related information which enables them to provide customized offers and improve customer experience.
Application Insights:
The other application segment includes environmental, civil and military defense. Interactive response technology is widely used in the environmental sector for cleaning up oil spills, disposing of toxic waste and managing chemical accidents. In addition to this, it is also used in the management of water resources such as dams, dikes and waterways. The IT industry uses interactive response technology for controlling computer viruses & malware globally. It also helps reduce downtime by 60% to 70%.
Drug control is expected to be one of the fastest-growing applications over the forecast period due to a rise in drug production across various regions coupled with an increase in drug smuggling activities globally over recent years. Interactive technologies help authorities detect illegal drugs at borders quickly using automated systems that scan vehicles or containers for signs of drugs or explosives using X-ray images taken from space or aircrafts flying overhead as reference points.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for interactive technologies such as e-call systems, event data recorders, and electronic stability control systems. The U.S., which is a major contributor to regional growth, has adopted these technologies across all the four-wheeler categories and also mandates their installation in commercial vehicles above 12 tons GVWR.
Growth Factors:
- Increasing demand for customer engagement and interaction through digital channels
- Rising need for better customer experience and support
- Proliferation of mobile devices and BYOD trend among employees
- Growing demand for real-time analytics and insights
- Emergence of new technologies such as AI, chatbots, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Interactive Response Technology Market Research Report
By Type
EDC Systems, CTMS, eCOA Systems
By Application
IT, Medical, Drug Control, Other
By Companies
Almac, Aris Global agXchange IRT, Avaya, Bioclinica Agile RTSM, Bracket, Cenduit, Criterium TeleDiary, DSG, Endpoint Clinical-Pulse, ePharmaSolutions, Five9, IBM, ICON plc, inVentiv Health, Medidata Balance, Oracle, PAREXEL Informatics, Premier Research, S-Clinica, Suvoda, Veeva Systems, Veracity Logic, Westat Inc., Y Prime
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Interactive Response Technology Market Report Segments:
The global Interactive Response Technology market is segmented on the basis of:
Types
EDC Systems, CTMS, eCOA Systems
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
IT, Medical, Drug Control, Other
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:
- Almac
- Aris Global agXchange IRT
- Avaya
- Bioclinica Agile RTSM
- Bracket
- Cenduit
- Criterium TeleDiary
- DSG
- Endpoint Clinical-Pulse
- ePharmaSolutions
- Five9
- IBM
- ICON plc
- inVentiv Health
- Medidata Balance
- Oracle
- PAREXEL Informatics
- Premier Research
- S-Clinica
- Suvoda
- Veeva Systems
- Veracity Logic
- Westat Inc.
- Y Prime
Highlights of The Interactive Response Technology 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:
- EDC Systems
- CTMS
- eCOA Systems
- By Application:
- IT
- Medical
- Drug Control
- Other
- 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 Interactive Response Technology 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Interactive response technology (IRT) is a type of computer-aided communication that allows people to communicate with each other by responding to questions or comments. IRT can be used in a variety of settings, including online surveys, chat rooms, and discussion forums.
Some of the key players operating in the interactive response technology market are Almac, Aris Global agXchange IRT, Avaya, Bioclinica Agile RTSM, Bracket, Cenduit, Criterium TeleDiary, DSG, Endpoint Clinical-Pulse, ePharmaSolutions, Five9, IBM, ICON plc, inVentiv Health, Medidata Balance, Oracle, PAREXEL Informatics, Premier Research, S-Clinica, Suvoda, Veeva Systems, Veracity Logic, Westat Inc., Y Prime.
The interactive response technology market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Interactive Response Technology 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 Interactive Response Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Interactive Response Technology 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 Interactive Response Technology 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 Interactive Response Technology Market Size & Forecast, 2018-2028
4.5.1 Interactive Response Technology Market Size and Y-o-Y Growth
4.5.2 Interactive Response Technology Market Absolute $ Opportunity
Chapter 5 Global Interactive Response Technology 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 Interactive Response Technology Market Size Forecast by Type
5.2.1 EDC Systems
5.2.2 CTMS
5.2.3 eCOA Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Interactive Response Technology 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 Interactive Response Technology Market Size Forecast by Applications
6.2.1 IT
6.2.2 Medical
6.2.3 Drug Control
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Interactive Response Technology 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 Interactive Response Technology 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 Interactive Response Technology Analysis and Forecast
9.1 Introduction
9.2 North America Interactive Response Technology 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 Interactive Response Technology Market Size Forecast by Type
9.6.1 EDC Systems
9.6.2 CTMS
9.6.3 eCOA Systems
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 Interactive Response Technology Market Size Forecast by Applications
9.10.1 IT
9.10.2 Medical
9.10.3 Drug Control
9.10.4 Other
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 Interactive Response Technology Analysis and Forecast
10.1 Introduction
10.2 Europe Interactive Response Technology 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 Interactive Response Technology Market Size Forecast by Type
10.6.1 EDC Systems
10.6.2 CTMS
10.6.3 eCOA Systems
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 Interactive Response Technology Market Size Forecast by Applications
10.10.1 IT
10.10.2 Medical
10.10.3 Drug Control
10.10.4 Other
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 Interactive Response Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Interactive Response Technology 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 Interactive Response Technology Market Size Forecast by Type
11.6.1 EDC Systems
11.6.2 CTMS
11.6.3 eCOA Systems
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 Interactive Response Technology Market Size Forecast by Applications
11.10.1 IT
11.10.2 Medical
11.10.3 Drug Control
11.10.4 Other
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 Interactive Response Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America Interactive Response Technology 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 Interactive Response Technology Market Size Forecast by Type
12.6.1 EDC Systems
12.6.2 CTMS
12.6.3 eCOA Systems
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 Interactive Response Technology Market Size Forecast by Applications
12.10.1 IT
12.10.2 Medical
12.10.3 Drug Control
12.10.4 Other
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) Interactive Response Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Interactive Response Technology 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) Interactive Response Technology Market Size Forecast by Type
13.6.1 EDC Systems
13.6.2 CTMS
13.6.3 eCOA Systems
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) Interactive Response Technology Market Size Forecast by Applications
13.10.1 IT
13.10.2 Medical
13.10.3 Drug Control
13.10.4 Other
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 Interactive Response Technology Market: Competitive Dashboard
14.2 Global Interactive Response Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Almac
14.3.2 Aris Global agXchange IRT
14.3.3 Avaya
14.3.4 Bioclinica Agile RTSM
14.3.5 Bracket
14.3.6 Cenduit
14.3.7 Criterium TeleDiary
14.3.8 DSG
14.3.9 Endpoint Clinical-Pulse
14.3.10 ePharmaSolutions
14.3.11 Five9
14.3.12 IBM
14.3.13 ICON plc
14.3.14 inVentiv Health
14.3.15 Medidata Balance
14.3.16 Oracle
14.3.17 PAREXEL Informatics
14.3.18 Premier Research
14.3.19 S-Clinica
14.3.20 Suvoda
14.3.21 Veeva Systems
14.3.22 Veracity Logic
14.3.23 Westat Inc.
14.3.24 Y Prime
