Global Audio Communication Monitoring Market Size, Forecasts, And Opportunities – Includes Audio Communication Monitoring Market Analysis
Learn about the global audio communication monitoring market through The Business Research Company, which provides information on audio communication monitoring market size, audio communication monitoring market drivers and restraints, audio communication monitoring market players, the COVID-19 impact on the audio communication monitoring market, and more.
The global audio communication monitoring market size is expected to grow from $6.31 billion in 2021 to $7.68 billion in 2022 at a compound annual growth rate (CAGR) of 21.7%. The global audio communication market size is expected to grow to $15.81 billion in 2026 at a CAGR of 19.8%.
An increase in risk for telemarketing fraud, cybercrimes, and system hacking is expected to propel the growth of the audio communication monitoring market going forward.
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The audio communication monitoring market consists of sales of audio communication devices by entities (organizations, sole traders, and partnerships) that are used to analyze audio conversations and recordings. Audio communication monitoring records the sounds from the surroundings. It involves audio monitoring that allows ARC (Audio Return Channel) to listen to the sounds by using an intruder detector. Audio communication monitoring is used in alarm verification, deterrence, and prevention and also improves the operations by enhancing the employee–to–customer and employee-to-employee communications and also used to conduct efficient communication in day-to-day business activities.
Global Audio Communication Monitoring Market Segments Include:
By Type: Wired Communication, Wireless Communication
By Component: Solutions, Services
By Deployment Mode: Cloud, On-Premises
By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises
By Vertical: BFSI, Media and Entertainment, Retail and eCommerce, Telecom and IT, Government, Healthcare and Life Sciences, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the audio communication monitoring market in 2021.
The growing use of artificial intelligence (AI) and NLP (NLP) technologies is a key trend gaining popularity in the audio communication monitoring market. NLP is one of the branches of AI that make the machine understand the language of humans. Many companies operating in the audio communication monitoring sector are launching innovative technologies related to AI to meet consumer demand.
Major Market Players: NICE, Cisco, IBM, Enghouse Interactive, Google, AudioCodes, Integrated Research, Martello Technologies, Nuance Communication, Tata Communications Ltd., Intelligent Voice Ltd, Fonetic Solutions, Nexidia, Behavox Ltd, Nectar Services Corporation, Nugen Audio, Ameyo, Avaya, Veritone, Relativity, PathSolutions, Empirix, Genesys, Vyopta, Elastix, Dashbase, Ribbon Communications, Deepgram, Haloocom, Toku, and Servetel.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Audio Communication Monitoring Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides audio communication monitoring market overviews, analyzes and forecasts market size, share, audio communication monitoring market players, audio communication monitoring market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s audio communication monitoring market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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