The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Audio Communication Monitoring Global Market Report 2023, The global audio communication monitoring market is expected to grow from $7.68 billion in 2022 to $9.33 billion in 2023 at a compound annual growth rate (CAGR) of 21.5%. The audio communication monitoring market size is expected to grow to $20.48 billion in 2027 at a CAGR of 21.7%.

North America held the largest audio communication monitoring market share, and Asia-Pacific was the fastest-growing region in 2022.

Audio Communication Monitoring Market Driver

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. Telemarketing fraud involves spam emails, spam calls, and spam messages, and similarly, cybercrimes and system hacking are occurred because of data breaches. Cybercrime operations include employing network-connected equipment, such as webcams or closed-circuit television (CCTV) cameras as well as audio monitoring communications, such as calls, emails, text messages, and instant chats, to spy on a targeted individual or group. For instance, in 2020, Cloud4C Services, a US-based operating in cloud managed services for public and private organizations, around 70% of organizations experienced at least one security incident while using public cloud platforms to host data in the year 2020. Additionally, for instance, in March 2021, Department for Digital, Culture, Media & Sport, Cyber Security Breaches Survey 2021, a UK-based official agency for Digital, Culture, Media, and Sports, four in ten businesses (39%) organizations have reported cyber security breaches or attacks in the last 12 months. Therefore, an increase in risk for telemarketing fraud, cybercrimes, and system hacking is driving the growth of the audio communications market.

View More On The Audio Communication Monitoring Market Report 2023 – https://www.thebusinessresearchcompany.com/report/audio-communication-monitoring-global-market-report

Key Audio Communication Monitoring Market Segments

The global audio communication monitoring market is segmented –

1) By Type: Wired Communication, Wireless Communication

2) By Component: Solutions, Services

3) By Deployment Mode: Cloud, On-Premises

4) By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises

5) By Vertical: BFSI, Media and Entertainment, Retail and eCommerce, Telecom and IT, Government, Healthcare and Life Sciences, Other Verticals

Audio Communication Monitoring Market Prominent Players

Major players in the audio communication monitoring market are 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.

Request A Sample Of The Global Audio Communication Monitoring Market Report 2023:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6023&type=smp

Prominent Audio Communication Monitoring Market Trend

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. For example, in July 2021, Tata Communications, an India-based telecommunications company launched the ‘IZO Financial Cloud’ platform. This platform enables open banking, provides digital services and strengthens customer trust by providing security through a cloud model involving artificial intelligence, blockchain, and machine learning.

The Audio Communication Monitoring Global Market Report 2023  provides comprehensive insights on the audio communication monitoring market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the audio communication monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Audio Equipment Global Market Report 2023

Communications Hardware Global Market Report 2023

Audiology Devices Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708

Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model