Customer Experience Management Market Is Expected to Reach 10.77 Billion USD at a CAGR of 19.9% by 2020

Customer experience management (CEM) market categorizes the global Market by touch points as company website, ranch/store, web, and call center, by vertical & by geography.

The report “Customer Experience Management Market by Touch Points (Company Website, Ranch/Store, Web, and Call Center), by Regions (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America), by Vertical (IT Communication Service Providers, BFSI, and Others) – Global Forecast to 2020”, the report on the global customer experience management (CEM) market provides a comprehensive information regarding the market along with forecasting of the overall market. It also provides detailed information for various segments, which include touchpoints, verticals, and regions.

Browse 101 market tables and 57 figures spread through 163 pages and in-depth TOC on “Customer Experience Management Market – Global Forecast to 2020”.

Early buyers will receive 10% customization on this report.

In recent years, customers have become increasingly dynamic by embracing the new, digital channels for their work and non-work related activities. They are using mobile devices, including smartphones and tablets, to interact regarding their experiences with a brand. This experience sharing is done through various offline channels as well apart from the online channels including social media and other digital platforms. Therefore, companies such as Nokia Networks, Oracle Corporation, IBM, Adobe Systems Inc., and Tech Mahindra are introducing innovative solutions for their customers. Brands and customer relationships are the two most important assets for most of the organizations. Therefore, most companies today are seeking brand differentiation by designing and delivering highly positive customer experience.

With the increasing churn of customers and the pressure faced by enterprises to sustain growth in the competitive and volatile markets currently, enterprise spending on customer experience management (CEM) solutions has increased significantly. The verticals in which CEM is expected to gain traction are public sector energy & utilities; banking, financial services and insurance (BFSI); healthcare, automotive & transformation, consumer goods & retail, media & entertainment, travel & hospitality, and manufacturing. The North American, Europe, and Asia-Pacific regions are expected to be among the major revenue-generating regional markets for customer experience management. These regional markets are also expected to exhibit high growth during the forecast period of 2015 to 2020. Significant market growth is also expected in the customer experience management markets of the Middle East & Africa and Latin America.

The report covers all major subsegments of the market and provides quantitative (market size and market growth) and qualitative (trends, analysis, and insights) information for those segments. This comprehensive coverage of the global customer experience management market provides important factors governing the market, such as drivers, restraints, and opportunities in this market. It also profiles major players in this market, maps competitive landscape, and provides overall perspective on the global customer experience management market for various verticals and regions.

By touchpoints, the market is segmented into company website, branch/store, web, mobile, social media, and email, among others. On the basis of verticals, the market is segmented into IT communication service providers, telecommunication service providers, public sector, energy & utilities; banking, financial services & insurance; healthcare, automotive & transportation, consumer goods & retail, travel & hospitality, manufacturing, and media & entertainment, among others. On the basis of region, the market is segmented into North America (NA), Asia-Pacific (APAC), Europe (EU), Latin America (LA), and the Middle East & Africa (MEA).

The global customer experience management market is projected to grow from USD 4.36 Billion in 2015 to USD 10.77 Billion by 2020, at a CAGR of 19.9% during the forecast period, 2015 to 2020.

Download PDF Brochure –

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Phone: 1-888-600-6441
Country: United States