Market Highlights The global contact center as a service market was valued at USD 2.23 Billion of every 2020 and projected to reach by with a CAGR of 17.9% during the forecast time frame, 2021-2030. In this report, Market Research Future (MRFR) incorporates the segmentation and dynamics of the contact center as a service market to offer a superior look into the next few years. Increasing need to further develop client experience and decrease in operational costs post CCaaS adoption are the primary factors driving the development of the contact center as a service market. Nonetheless, market expansion is being hampered by increasing worries of data security issues. Notwithstanding this, dynamic client demands for strong self-service interactions is creating market open doors. In the global contact center as a service market, deep rooted and expanding manufacturers in North America, Europe, and Asia Pacific are making rapid technological advancements and enhancements. Besides, the CCaaS model has been gaining popularity because it is practical, versatile, and constantly ready to supply the most cutting-edge communication instruments. Cloud-based innovations are projected to have a major selling feature as easy access to troublesome devices. Get a Free Sample @ Segmentation: The global contact center as a service market has been segmented into function, enterprise size, industry, and region/country. Based on function, the contact center as a service market has been segmented into automatic call distribution, call recording, computer telephony integration, customer collaboration, dialer, interactive voice response, reporting & analytics, workforce optimization, others. In contact centers, the automatic call distribution solution is commonly used since it allows them to handle a significant volume of inbound calls. Incoming calls are successfully routed to contact center staff or agents with specific expertise using this technology. This enables companies to provide a better client experience. Simple customer phone transactions are transformed into efficient encounters that employ the web, email, video, and voice to give unique and tailored services with customer collaboration solutions. Over the forecast period, the market is expected to rise due to the growing requirement to collect and use consumer feedback to improve product or service offerings. Furthermore, contact center supervisors and managers can evaluate detailed reports and dashboards linked to agent productivity using customer collaboration tools. Based on enterprise size, the contact center as a service market has been categorized into large enterprises, small & medium enterprises (SMEs). The large enterprises segment dominated the market. Large organizations are increasingly demanding CCaaS because of technological improvements. These services help major businesses provide a better client experience while also lowering operational costs. Large businesses that deal with significant call volumes use CCaaS systems to provide exceptional customer service. CCaaS solutions are gaining popularity among SMEs due to advantages such as quick service delivery and inexpensive investment costs. The market is also being fueled by a shortage of customer care agents and on-board IT professionals in SMEs. CCaaS solutions assist SMEs in improving the entire customer experience while also increasing agent productivity. Based on industry, the contact center as a service market has been bifurcated into BFSI, consumer goods & retail, government, healthcare, IT & telecom, travel & hospitality, others. The increase in client interaction as a result of digitalization in the BFSI industry can be attributed to the segment's growth. Customers are increasingly using a variety of channels to communicate with financial institutions. This is further driving the adoption of cloud-based customer service systems in the BFSI industry. Customer relationship management as a service (CCaaS) solutions are assisting the industry in establishing excellent customer relationships. During the forecast period, the consumer goods and retail segment is expected to register the highest CAGR. The need for CCaaS solutions in the consumer goods and retail business is growing due to the increased usage of online channels for purchasing consumer products. Representatives can provide quick and customized services to CCaaS solutions. Competitive Analysis The global contact center as a service market is characterized by the presence of several regional and local providers. Some of the key players in the market are Alcatel Lucent Enterprise (France); Avaya, Inc. (US); Cisco Systems, Inc. (US); Enghouse Interactive, Inc. (US); Five9, Inc. (US); Genesys (US); Microsoft Corp. (US); Nice inContact (US); SAP SE (Germany); Unify, Inc. (Germany), 3C Logic (US), Oracle Corporation (US), Mitel Networks Corporation (Canada), Evolve IP, LLC (US). Regional Analysis The global contact center as a service market has been segmented into four regions: North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The market in North America is expected to grow as a result of the large number of cloud computing businesses that are driving the development of new technologies. In addition, the country's growing number of small and midsize enterprises is expected to boost demand. Browse Complete Report @ Contact Center as a Service Market Research Report: Information by Function (Automatic Call Distribution, Call Recording, Computer Telephony Integration, Customer Collaboration, Dialer, Interactive Voice Response, Reporting & Analytics, Workforce Optimization, Others), Enterprise Size (Small and Medium-Sized Enterprises (SMEs), Large Enterprises), Industry (BFSI, Consumer Goods & Retail, Government, Healthcare, IT & Telecom, Travel & Hospitality, Others), and Region (North America, Europe, Asia-Pacific, South America, and Middle East & Africa) - Forecast to 2030 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: Website: