Blockchain Press Releases

Speech Analytics Market size worth $ 8.85 Billion, Globally, by 2030 at 25.5% CAGR: Verified Market Research®

Published

1 year ago

August 1, 2023

The “Global Speech Analytics Market Size By Component, By Application, By End User, By Geographic Scope And Forecast” report has been published by Verified Market Research^®. The report provides an in-depth analysis of the global Speech Analytics Market, including its growth prospects, market trends, and market challenges.

JERSEY CITY, N.J., Aug. 1, 2023 /PRNewswire/ — The Global Speech Analytics Market is projected to grow at a CAGR of 25.5% from 2023 to 2030, according to a new report published by Verified Market Research^®. The report reveals that the market was valued at USD 1.8 Billion in 2022 and is expected to reach USD 8.85 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=1752

Browse in-depth TOC on “Speech Analytics Market“
202 – Pages
126 – Tables
37 – Figures

Speech Analytics Market: Unlocking Customer Insights and Transforming Business Performance

Speech analytics, a useful technique for obtaining information from customer call recordings, is revolutionising how companies interact with and communicate with their customers. The advantages and capabilities of speech analysis are explored by this state-of-the-art technology, including its ability to improve agent performance, gather competitive intelligence, and maximise campaign effectiveness. The Speech Analytics Market is expanding due to various speech analytic products like speech engines, indexing, evaluation tools, dashboards, and reporting tools.

Driving Forces Behind Growth: A number of important factors are causing the Speech Analytics Market to grow rapidly. CRM initiatives are being strengthened by the growing use of voice analytics technologies by call centres and corporations. Furthermore, the availability of cloud-based real-time speech analytics solutions has created a plethora of chances for businesses to effectively make data-driven decisions. Speech analytics are now valued by businesses for risk management, regulatory compliance, and improving operational effectiveness, which is fueling industry expansion.

Opportunities for Businesses: Speech analytics enables companies to improve customer experiences by gaining valuable insights from customer interactions. Real-time analysis made possible by the technology makes it easier to monitor and enhance agent performance. Businesses across a variety of industries can improve their operations and customer engagement strategies by utilising speech analytics, opening the path for improved business success.

Addressing Challenges and Limitations: Despite the enormous potential of the speech analytics market, there are still challenges to be overcome. Strong data protection measures are required due to the complex information ecosystem’s worries over security and data breach issues. The seamless integration of voice analytics with current analytical systems may also be hampered by the dearth of experienced individuals who are adept at communicating investment prospects. Due to the potential impact on market growth, businesses must also take into account the costs related to integrating predictive analytics into speech analytics solutions.

Competitive Environment and Key Players: In this fast-moving market, a number of notable players have established themselves as leaders. CallMiner, NICE Systems, Verint Systems, Avaya, Inc., Genesys, Clarabridge, Voci Technologies, Zoom International, HPE, and Calabrio are some of the major companies reshaping the speech analytics market. These sector leaders consistently work to invent and provide cutting-edge speech analytic solutions that satisfy the changing requirements of businesses all around the world.

Market Ranking Analysis and Market Share: As the Speech Analytics Market grows, market ranking analysis and market share are essential measures of achievement and impact. As the major firms fight for a bigger piece of the market, their rivalry grows. By identifying the advantages and disadvantages of their rivals, firms can stay ahead of the competition by using in-depth market ranking analysis.

Market Outlook: The Speech Analytics Market has a bright future, with the technology becoming more and more crucial to companies’ success. The market is anticipated to experience steady expansion as call centres and businesses realise the significance of voice analytics in acquiring a competitive edge. The development of speech analytic solutions will be fueled by ongoing research and innovation, opening up new opportunities for companies in a variety of industries.

In conclusion, speech analytics provides organisations with an unrivalled opportunity to gain insightful knowledge from consumer interactions and improve performance. Enterprises can unlock the full potential of speech analytics and influence the direction of consumer engagement with the help of the appropriate strategies and advanced speech analytic solutions.

To get market data, market insights, financial statements and a comprehensive analysis of the Global Speech Analytics Market, please Contact Verified Market Research^®.

Based on the research, Verified Market Research^® has segmented the global Speech Analytics Market into Component, Application, End User, And Geography.

Speech Analytics Market, by Component

Solution
Services

Speech Analytics Market, by Application

Customer experience management
Call monitoring
Agent performance monitoring
Sales performance management
Competitive intelligence
Risk and compliance management

Speech Analytics Market, by End User

BFSI
Retail and eCommerce
Travel and Hospitality
Government and Defense
Healthcare and Life Sciences

Speech Analytics Market, by Geography

North America

U.S
Canada
Mexico

Europe

Germany
France
U.K
Rest of Europe

Asia Pacific

China
Japan
India
Rest of Asia Pacific

ROW

Middle East & Africa
Latin America

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Visualize Speech Analytics Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research^® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research^® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

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Blockchain

Blocks & Headlines: Today in Blockchain

Published

3 hours ago

January 16, 2025

Peter Tolan

Blockchain technology continues to expand its reach, influencing industries far beyond its origins in cryptocurrency. From strategic collaborations to emerging trends, today’s briefing explores key developments shaping the blockchain ecosystem. Here’s the latest.

Blockchain Lobby Groups Unite for Crypto-Friendly Advocacy

In a landmark move, eight major blockchain lobby groups in the U.S. have joined forces to push for crypto-friendly policies under the new administration. With a regulatory climate expected to favor innovation in blockchain and cryptocurrency, these organizations aim to present a unified voice to influence legislation and public discourse.

The coalition’s agenda focuses on fostering technological adoption, ensuring consumer protection, and clarifying taxation policies. This collaboration highlights the growing recognition of blockchain’s potential to drive economic transformation while addressing concerns about regulation.

Source: CoinDesk

Five Underrated Layer-1 Blockchain Tokens to Watch in 2025

As competition among blockchain platforms intensifies, several Layer-1 blockchain tokens are poised to gain significant traction this year. Analysts spotlight projects that prioritize scalability, interoperability, and developer engagement as ones to watch.

While giants like Ethereum and Solana dominate headlines, emerging players are carving out niches in sectors like decentralized finance (DeFi), gaming, and supply chain solutions. These tokens underscore the innovation flourishing within the Layer-1 ecosystem.

Source: The Crypto Basic

AI and Blockchain Drive Innovation in Mining Industry

The integration of AI and blockchain technologies is revolutionizing the mining sector. Blockchain’s immutable ledger capabilities ensure transparency in supply chain operations, while AI optimizes resource extraction and predictive maintenance.

Together, these technologies address critical challenges such as environmental impact and operational inefficiency. As sustainability takes center stage, the mining industry’s adoption of blockchain and AI represents a significant leap forward.

Source: Mining Technology

The Rapid Rise of Blockchain Mini-Games

Blockchain-powered mini-games are capturing the attention of developers and players alike, thanks to their innovative use of tokenization and play-to-earn models. These games—smaller in scope but high in engagement—offer players real ownership of in-game assets and a chance to earn rewards.

The trend’s popularity stems from its low barrier to entry and appeal to casual gamers, signaling a shift in the gaming landscape. As blockchain gaming continues to evolve, mini-games are emerging as a powerful gateway to mainstream adoption.

Source: Crypto Times

Bybit and SignalPlus Announce $100,000 USDC Global Trading Showdown

Bybit and SignalPlus have teamed up to launch a global trading competition with a $100,000 USDC prize pool. The event aims to showcase advanced trading strategies while fostering community engagement within the crypto trading ecosystem.

Participants will compete across multiple trading challenges, highlighting the growing sophistication of crypto markets. This collaboration underscores the role of competitions in promoting market education and innovation.

Source: PR Newswire

The post Blocks & Headlines: Today in Blockchain appeared first on News, Events, Advertising Options.

Blockchain Press Releases

Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake

Published

7 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply saddened by the devastating earthquake that struck Tibet earlier this week, leaving a trail of destruction and heartache.

The tragedy has claimed at least 126 lives, injured 188 people, and displaced tens of thousands as over 3,000 buildings collapsed in the remote region near the northern base of Mount Everest. In response, Bybit is committing RMB 5 million in collaboration with the Red Cross Society of China (RCSC) to support critical relief and recovery efforts in the affected communities.

The 7.1-magnitude earthquake, which struck on January 7, has caused widespread devastation, with extreme winter conditions complicating rescue operations. More than 14,000 rescue workers have been mobilized to search for survivors amid sub-zero temperatures and strong winds, highlighting the urgent need for immediate aid.

“As a responsible global leader in the blockchain industry, Bybit is committed to standing with communities in their time of need,” said Helen Liu, Chief Operating Officer at Bybit. “Our thoughts are with the survivors, the rescue teams, and the families affected by this tragic event. We hope our contribution will help provide much-needed relief and support the road to recovery.”

The donation will be directed towards essential services, including emergency shelter, medical supplies, and food aid, as well as long-term rehabilitation efforts. Bybit is proud to partner with RCSC to ensure swift and impactful assistance to those in need.

At Bybit, we firmly believe in the power of compassion and collaboration. This contribution reflects our commitment to fostering resilience and hope in the face of adversity.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown

Published

15 hours ago

January 16, 2025

CISION (PR Newswire)

bybit-&-signalplus-unveil-the-100,000-usdc-global-trading-showdown

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and SignalPlus, an innovative social trading platform aimed at democratizing options trading for digital and crypto assets, are excited to announce the Bybit x SignalPlus 2025 Global Trading Competition. With a staggering total prize pool of 100,000 USDC, this competition promises to be the ultimate stage for traders to showcase their skills and seize lucrative rewards.

From now until February 5, 2025, 8:00 AM UTC, the competition is open to all Bybit users—excluding residents of restricted jurisdictions.. This event invites participants to engage in options, spot, or futures trading for their chance to claim a share of the impressive prize pool.

“We are thrilled to partner with SignalPlus for the Bybit x SignalPlus 2025 Global Trading Competition,” said Joan Han, Sales & Marketing Director at Bybit. “This event reflects our commitment to fostering an active and vibrant trading community. Whether you’re a novice or a seasoned trader, this competition offers a platform to enhance your trading skills and earn exciting rewards.”

Chris Yu, CEO at SignalPlus, shared his enthusiasm: “Collaborating with Bybit reflects our unwavering commitment to empowering traders with cutting-edge tools and actionable insights. This competition is a unique opportunity for participants to showcase their trading expertise and be handsomely rewarded for their achievements.”

Competition Highlights

100,000 USDC Prize Pool: Compete for your share of a massive prize pool.
Daily Rewards System: Win prizes daily, with rewards credited promptly to energize your next trades.
Team Competition: The top four (4) teams will split a 7,300 USDC prize pool. Daily, one lucky team member will win a luxury 3-day, 2-night trip to Korea or its equivalent value in USDC.
Individual Competition: The top 35 winners will share 7,702 USDC, with individual prizes ranging from 30 USDC to 2,000 USDC. Daily rankings and lucky draws offer opportunities to win up to 250 USDC.
Daily Lucky Draw: Over 21 days, 129 winners will be chosen daily, ensuring that every trade counts toward exciting rewards.
Special Bonuses: Link your Bybit API to SignalPlus for a 10 USDC rebate. Complete your first Options trade on SignalPlus to earn an additional 20 USDC rebate.

For more details on the Bybit x SignalPlus 2025 Global Trading Competition, please visit here: https://announcements.bybit.com/article/-bybit-x-signalplus-2025-global-trading-competition-returns-with-bigger-rewards-win-your-share-of-the-100-000-usdc-prize-pool–blt36f0435aff9e950f/

#Bybit / #TheCryptoArk

About Bybit

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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View original content:https://www.prnewswire.co.uk/news-releases/bybit–signalplus-unveil-the-100-000-usdc-global-trading-showdown-302352908.html

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