The Worldwide Customer Communications Management Industry is Expected to Reach $2.7 Billion by 2028

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Dublin, Aug. 02, 2022 (GLOBE NEWSWIRE) -- The "Customer Communications Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component, Deployment, Enterprise Size, and Industry" report has been added to ResearchAndMarkets.com's offering.

The customer communications management market size is expected to grow from US$ 1,325.6 million in 2021 to US$ 2,752.4 million by 2028; The customer communications management market share is estimated to grow at a CAGR of 11.4% from 2022 to 2028.

There is an increasing demand for keeping customers engaged through various communication channels, such as phone calls, email, web, SMS, chatbots, social media, and print, to increase the customer base for improving the business growth. The customer communications management market tools maintain a clear record of all relevant data to create sales growth and improve customer retention. The CCM enhances communication efficiency and strengthens customer relationships that help find better ways to engage customers.

The digital revolution has led to a proliferation of communication channels through omnichannel communication platforms. It empowers customers to connect with the brand via their preferred channel and allows a smooth transition with customers. Technological advancements such as hybrid cloud solutions improve businesses by creating meaningful customer connections through digital and physical channels. For instance, in December 2021, Quadient introduced Inspire Flex Release 15 (R15), which offers more than 300 robust enhancement features that empower, elevate and accelerate the growth of these companies by giving extended control to the users for designing and delivering customer communications via omnichannel.

Customers are technology-driven and expect to communicate with companies through channels of their preferred choice, such as voice, web, mobile, email, short message service (SMS), and social media, at their convenience. Thus, to remain competitive, companies are facilitating customer interactions through omnichannel. The omnichannel communication enables the businesses to collect data from several sources and provide appropriate responses, even if customers are approached with the same query through a different channel. It also helps enhance multichannel correspondence and collect customer profile details on other platforms after their consent. Thus, versatility in communication channels enhances operational efficiency and customer engagement, enabling omnichannel communication. Thus, this is driving the customer communications management market growth.

Natural Language Processing (NLP) is a type of machine learning. It understands the words, sentences, and context of customer support queries. As a subset of artificial intelligence (AI), NLP interprets and analyzes customer's verbal statements. AI-powered customer communications management market can intelligently handle the complexity of structured, personalized, compliant omnichannel customer communications more effectively and efficiently.

Further, machine learning is an effective way to achieve AI. ML-based tools help enterprises process customer data efficiently and generate highly personalized offers to fulfill customers' demands. A tool that integrates NLP into a CCM solution provides a remarkable customer experience.

Further, applying intelligence to content and optimization helps enterprises make better, more interactive, and faster content. It helps discover areas where content consolidation or improvement can be performed, such as spotting similarities, duplicates or inconsistencies, and outliers. It also provides recommendations to improve the content by making suggestions on style and highlighting areas that are inconsistent or associated with a negative sentiment.

The NLP-driven CCM solutions provide better planning and coordination; increase operational efficiency; ensure seamless interaction via omnichannel; and offer a larger, deeper, and more precise customer insight to produce better and more relevant content.

This will result in increased customer retention and revenue. Thus, the ongoing deployment of NLP in various organizations is expected to offer a potential opportunity for the customer communications management market growth over the forecast period.

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Level Gauge Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 APAC - PEST Analysis
4.2.4 MEA - PEST Analysis
4.2.5 SAM - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Level Gauge Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Use of Level Gauge in Oil & Gas Industry
5.1.2 Increasing Deployment of Automatic Tank Gauge Systems
5.2 Market Restraints
5.2.1 Freezing of Measurement Equipment in Underground Tanks
5.3 Market Opportunities
5.3.1 Rising Use of Level Gauge to Measure Water Level
5.4 Future Trends
5.4.1 Integration of Sensors in Measurement Systems
5.5 Impact Analysis of Drivers and Restraints

6. Level Gauge Market - Global Analysis
6.1 Level Gauge Global Overview
6.2 Level Gauge Market Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players

7. Level Gauge Market Analysis - By Gauge Type
7.1 Overview
7.2 Level Gauge Market, by Gauge Type (2021 and 2028)
7.3 Tank Level
7.3.1 Overview
7.3.2 Tank Level: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Fuel Level
7.4.1 Overview
7.4.2 Fuel Level: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Water Level
7.5.1 Overview
7.5.2 Water Level: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Mechanical Level
7.6.1 Overview
7.6.2 Mechanical Level: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)

8. Level Gauge Market - By Technology
8.1 Overview
8.2 Level Gauge Market, by Technology (2021 and 2028)
8.3 Magnetic Level Gauge
8.3.1 Overview
8.3.2 Magnetic Level Gauge: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Reflex Level Gauge
8.4.1 Overview
8.4.2 Reflex Level Gauge: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Transparent Level Gauge
8.5.1 Overview
8.5.2 Transparent Level Gauge: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Tabular Level Gauge
8.6.1 Overview
8.6.2 Tabular Level Gauge: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)

9. Level Gauge Market - By End-User
9.1 Overview
9.2 Level Gauge Market, by End User (2021 and 2028)
9.3 Oil & Gas
9.3.1 Overview
9.3.2 Oil & Gas: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Food & Beverage
9.4.1 Overview
9.4.2 Food & Beverage: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Chemical and Petrochemical
9.5.1 Overview
9.5.2 Chemical & Petrochemical: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Marine
9.6.1 Overview
9.6.2 Marine: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Energy & Power
9.7.1 Overview
9.7.2 Energy & Power: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Level Gauge Market - Revenue and Forecast to 2028 (US$ Million)

10. Level Gauge Market - Geographic Analysis

11. Impact of COVID-19 Pandemic on Global Level Gauge Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 APAC: Impact Assessment of COVID-19 Pandemic
11.5 MEA: Impact Assessment of COVID-19 Pandemic
11.6 SAM Impact Assessment of COVID-19 Pandemic

12. Company Profiles
12.1 ABB Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Barksdale Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Ayvaz
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 BinMaster
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 jbj Techniques Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Jogler, LLC
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 KOBOLD Messring GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 KROHNE Messtechnik GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Krueger Sentry Gauge Co.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 SensorsOne Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/i6kh2i

Attachment

 
Global Customer Communications Management Market

Contact Data