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TECH SUPPLIER Aug 2019 - Market Forecast - Doc # US45394019

Worldwide Customer Communications Management Software Forecast, 2019–2023

By: Marci MaddoxResearch Manager, Enterprise Content Strategies

Abstract

This IDC study provides a sizing of the worldwide customer communications management software market in 2018 and a five-year forecast through 2023 by geographic region and includes historical revenue data.

"The mature customer communications management market will grow at a CAGR of 9.2% over the next five years," according to Marci Maddox, research manager of IDC's Enterprise Content Strategies research program. "This growth is fueled by a shift to cloud solutions and artificial intelligence (AI)-enabled interactive communications. New SaaS-based entrants are incorporating AI and new channels of communication into improving customer engagement and operational efficiencies. Vendors with on-premise solutions need to re-architect quickly to stay relevant in this evolving market."


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