Global Speech Based Interactive Voice Response Software Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Speech Based Interactive Voice Response Software Market Size, Manufacturers, Opportunities and Forecast to 2030


Interactive Voice Response (IVR) is an automated telephony system technology that interacts with the callers, gathers the required information and routes the calls to the particular appropriate recipient.

With the modern, sophisticated IVR systems, you can gather the input and responses through spoken words with the voice recognition. Conversations are either pre-recorded or generated audio which assists, directs, or guides customers automatically without a live operator.

Within these interactions, clients can communicate by using either the touch-tone keypad selection or voice telephone input. The responses take the form of voice, call- back or any other related media.

IVR software enables an organization to use prerecorded greetings or menu options that a customer can access through a phone keypad. Advanced IVR systems may include speech recognition software to enable a customer to communicate with a computer. Many companies have augmented or replaced IVR systems with automated speech recognition technologies that enable callers to speak their requests instead of punching numbers into their phones. These voice recognition systems can frustrate callers if the system doesn't recognize a caller's questions.

According to APO Research, The global Speech Based Interactive Voice Response Software market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Speech Based Interactive Voice Response Software key players include Nuance, Convergys, Cisco, West Corporatio, etc. Global top four manufacturers hold a share about 40%. North America is the largest market, with a share over 35%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Speech Based Interactive Voice Response Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Speech Based Interactive Voice Response Software.

The Speech Based Interactive Voice Response Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Speech Based Interactive Voice Response Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

8X8, Inc. (US)
Nuance Communications, Inc. (US)
Convergys Corporation (US)
Avaya Inc. (US)
Cisco Systems, Inc. (US)
Connect First (US)
West Corporation (US)
Genesys Telecommunication Laboratories, Inc. (US)
Verizon Communications Inc. (US)
IVR Lab (US)
Aspect Software Parent Inc. (US)
24/7 Customer, Inc. (US)
InContact Inc. (US)
NewVoiceMedia (UK)
Five9, Inc. (US)

Speech Based Interactive Voice Response Software segment by Type

Cloud-based
On Premise

Speech Based Interactive Voice Response Software segment by Application

Large Enterprise
Medium Enterprise
Small Enterprise

Speech Based Interactive Voice Response Software Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Speech Based Interactive Voice Response Software market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Speech Based Interactive Voice Response Software and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Speech Based Interactive Voice Response Software.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Speech Based Interactive Voice Response Software companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
Chapter 12: Concluding Insights of the report


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Speech Based Interactive Voice Response Software Market Size Overview by Region 20
19 VS 2023 VS 2030
1.4 Global Speech Based Interactive Voice Response Software Market Size by Region (2019-2030)
1.4.1 Global Speech Based Interactive Voice Response Software Market Size by Region (2019-2024)
1.4.2 Global Speech Based Interactive Voice Response Software Market Size by Region (2025-2030)
1.5 Key Regions Speech Based Interactive Voice Response Software Market Size (2019-2030)
1.5.1 North America Speech Based Interactive Voice Response Software Market Size Growth Rate (2019-2030)
1.5.2 Europe Speech Based Interactive Voice Response Software Market Size Growth Rate (2019-2030)
1.5.3 Asia-Pacific Speech Based Interactive Voice Response Software Market Size Growth Rate (2019-2030)
1.5.4 Latin America Speech Based Interactive Voice Response Software Market Size Growth Rate (2019-2030)
1.5.5 Middle East & Africa Speech Based Interactive Voice Response Software Market Size Growth Rate (2019-2030)
2 Speech Based Interactive Voice Response Software Market by Type
2.1 Type Introduction
2.1.1 Cloud-based
2.1.2 On Premise
2.2 Global Speech Based Interactive Voice Response Software Market Size by Type
2.2.1 Global Speech Based Interactive Voice Response Software Market Size Overview by Type (2019-2030)
2.2.2 Global Speech Based Interactive Voice Response Software Historic Market Size Review by Type (2019-2024)
2.2.3 Global Speech Based Interactive Voice Response Software Market Size Forecasted by Type (2025-2030)
2.3 Global Speech Based Interactive Voice Response Software Market Size by Regions
2.3.1 North America Speech Based Interactive Voice Response Software Market Size Breakdown by Type (2019-2024)
2.3.2 Europe Speech Based Interactive Voice Response Software Market Size Breakdown by Type (2019-2024)
2.3.3 Asia-Pacific Speech Based Interactive Voice Response Software Market Size Breakdown by Type (2019-2024)
2.3.4 Latin America Speech Based Interactive Voice Response Software Market Size Breakdown by Type (2019-2024)
2.3.5 Middle East and Africa Speech Based Interactive Voice Response Software Market Size Breakdown by Type (2019-2024)
3 Speech Based Interactive Voice Response Software Market by Application
3.1 Type Introduction
3.1.1 Large Enterprise
3.1.2 Medium Enterprise
3.1.3 Small Enterprise
3.2 Global Speech Based Interactive Voice Response Software Market Size by Application
3.2.1 Global Speech Based Interactive Voice Response Software Market Size Overview by Application (2019-2030)
3.2.2 Global Speech Based Interactive Voice Response Software Historic Market Size Review by Application (2019-2024)
3.2.3 Global Speech Based Interactive Voice Response Software Market Size Forecasted by Application (2025-2030)
3.3 Global Speech Based Interactive Voice Response Software Market Size by Regions
3.3.1 North America Speech Based Interactive Voice Response Software Market Size Breakdown by Application (2019-2024)
3.3.2 Europe Speech Based Interactive Voice Response Software Market Size Breakdown by Application (2019-2024)
3.3.3 Asia-Pacific Speech Based Interactive Voice Response Software Market Size Breakdown by Application (2019-2024)
3.3.4 Latin America Speech Based Interactive Voice Response Software Market Size Breakdown by Application (2019-2024)
3.3.5 Middle East and Africa Speech Based Interactive Voice Response Software Market Size Breakdown by Application (2019-2024)
4 Global Market Dynamics
4.1 Speech Based Interactive Voice Response Software Industry Trends
4.2 Speech Based Interactive Voice Response Software Industry Drivers
4.3 Speech Based Interactive Voice Response Software Industry Opportunities and Challenges
4.4 Speech Based Interactive Voice Response Software Industry Restraints
5 Competitive Insights by Company
5.1 Global Top Players by Speech Based Interactive Voice Response Software Revenue (2019-2024)
5.2 Global Speech Based Interactive Voice Response Software Industry Company Ranking, 20
22 VS 2023 VS 2024
5.3 Global Speech Based Interactive Voice Response Software Key Company Headquarters & Area Served
5.4 Global Speech Based Interactive Voice Response Software Company, Product Type & Application
5.5 Global Speech Based Interactive Voice Response Software Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global Speech Based Interactive Voice Response Software Market CR5 and HHI
5.6.2 Global Top 5 and
10 Speech Based Interactive Voice Response Software Players Market Share by Revenue in 2023
5.6.3 20
23 Speech Based Interactive Voice Response Software Tier 1, Tier 2, and Tier 3
6 Company Profiles
6.1 8X8, Inc. (US)
6.1.1 8X8, Inc. (US) Comapny Information
6.1.2 8X8, Inc. (US) Business Overview
6.1.3 8X8, Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.1.4 8X8, Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.1.5 8X8, Inc. (US) Recent Developments
6.2 Nuance Communications, Inc. (US)
6.2.1 Nuance Communications, Inc. (US) Comapny Information
6.2.2 Nuance Communications, Inc. (US) Business Overview
6.2.3 Nuance Communications, Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.2.4 Nuance Communications, Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.2.5 Nuance Communications, Inc. (US) Recent Developments
6.3 Convergys Corporation (US)
6.3.1 Convergys Corporation (US) Comapny Information
6.3.2 Convergys Corporation (US) Business Overview
6.3.3 Convergys Corporation (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.3.4 Convergys Corporation (US) Speech Based Interactive Voice Response Software Product Portfolio
6.3.5 Convergys Corporation (US) Recent Developments
6.4 Avaya Inc. (US)
6.4.1 Avaya Inc. (US) Comapny Information
6.4.2 Avaya Inc. (US) Business Overview
6.4.3 Avaya Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.4.4 Avaya Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.4.5 Avaya Inc. (US) Recent Developments
6.5 Cisco Systems, Inc. (US)
6.5.1 Cisco Systems, Inc. (US) Comapny Information
6.5.2 Cisco Systems, Inc. (US) Business Overview
6.5.3 Cisco Systems, Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.5.4 Cisco Systems, Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.5.5 Cisco Systems, Inc. (US) Recent Developments
6.6 Connect First (US)
6.6.1 Connect First (US) Comapny Information
6.6.2 Connect First (US) Business Overview
6.6.3 Connect First (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.6.4 Connect First (US) Speech Based Interactive Voice Response Software Product Portfolio
6.6.5 Connect First (US) Recent Developments
6.7 West Corporation (US)
6.7.1 West Corporation (US) Comapny Information
6.7.2 West Corporation (US) Business Overview
6.7.3 West Corporation (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.7.4 West Corporation (US) Speech Based Interactive Voice Response Software Product Portfolio
6.7.5 West Corporation (US) Recent Developments
6.8 Genesys Telecommunication Laboratories, Inc. (US)
6.8.1 Genesys Telecommunication Laboratories, Inc. (US) Comapny Information
6.8.2 Genesys Telecommunication Laboratories, Inc. (US) Business Overview
6.8.3 Genesys Telecommunication Laboratories, Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.8.4 Genesys Telecommunication Laboratories, Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.8.5 Genesys Telecommunication Laboratories, Inc. (US) Recent Developments
6.9 Verizon Communications Inc. (US)
6.9.1 Verizon Communications Inc. (US) Comapny Information
6.9.2 Verizon Communications Inc. (US) Business Overview
6.9.3 Verizon Communications Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.9.4 Verizon Communications Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.9.5 Verizon Communications Inc. (US) Recent Developments
6.
10 IVR Lab (US)
6.10.1 IVR Lab (US) Comapny Information
6.10.2 IVR Lab (US) Business Overview
6.10.3 IVR Lab (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.10.4 IVR Lab (US) Speech Based Interactive Voice Response Software Product Portfolio
6.10.5 IVR Lab (US) Recent Developments
6.
11 Aspect Software Parent Inc. (US)
6.11.1 Aspect Software Parent Inc. (US) Comapny Information
6.11.2 Aspect Software Parent Inc. (US) Business Overview
6.11.3 Aspect Software Parent Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.11.4 Aspect Software Parent Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.11.5 Aspect Software Parent Inc. (US) Recent Developments
6.12 24/7 Customer, Inc. (US)
6.12.1 24/7 Customer, Inc. (US) Comapny Information
6.12.2 24/7 Customer, Inc. (US) Business Overview
6.12.3 24/7 Customer, Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.12.4 24/7 Customer, Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.12.5 24/7 Customer, Inc. (US) Recent Developments
6.
13 InContact Inc. (US)
6.13.1 InContact Inc. (US) Comapny Information
6.13.2 InContact Inc. (US) Business Overview
6.13.3 InContact Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.13.4 InContact Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.13.5 InContact Inc. (US) Recent Developments
6.
14 NewVoiceMedia (UK)
6.14.1 NewVoiceMedia (UK) Comapny Information
6.14.2 NewVoiceMedia (UK) Business Overview
6.14.3 NewVoiceMedia (UK) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.14.4 NewVoiceMedia (UK) Speech Based Interactive Voice Response Software Product Portfolio
6.14.5 NewVoiceMedia (UK) Recent Developments
6.
15 Five9, Inc. (US)
6.15.1 Five9, Inc. (US) Comapny Information
6.15.2 Five9, Inc. (US) Business Overview
6.15.3 Five9, Inc. (US) Speech Based Interactive Voice Response Software Revenue, Global Share and Gross Margin (2019-2024)
6.15.4 Five9, Inc. (US) Speech Based Interactive Voice Response Software Product Portfolio
6.15.5 Five9, Inc. (US) Recent Developments
7 North America
7.1 North America Speech Based Interactive Voice Response Software Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2 North America Speech Based Interactive Voice Response Software Market Size by Country (2019-2024)
7.3 North America Speech Based Interactive Voice Response Software Market Size Forecast by Country (2025-2030)
8 Europe
8.1 Europe Speech Based Interactive Voice Response Software Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2 Europe Speech Based Interactive Voice Response Software Market Size by Country (2019-2024)
8.3 Europe Speech Based Interactive Voice Response Software Market Size Forecast by Country (2025-2030)
9 Asia-Pacific
9.1 Asia-Pacific Speech Based Interactive Voice Response Software Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2 Asia-Pacific Speech Based Interactive Voice Response Software Market Size by Country (2019-2024)
9.3 Asia-Pacific Speech Based Interactive Voice Response Software Market Size Forecast by Country (2025-2030)
10 Latin America
10.1 Latin America Speech Based Interactive Voice Response Software Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2 Latin America Speech Based Interactive Voice Response Software Market Size by Country (2019-2024)
10.3 Latin America Speech Based Interactive Voice Response Software Market Size Forecast by Country (2025-2030)
11 Middle East & Africa
11.1 Middle East & Africa Speech Based Interactive Voice Response Software Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2 Middle East & Africa Speech Based Interactive Voice Response Software Market Size by Country (2019-2024)
11.3 Middle East & Africa Speech Based Interactive Voice Response Software Market Size Forecast by Country (2025-2030)
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources

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