A recent study from Juniper Research has found that the total number of calls handled by CCaaS (Contact Centres-as-a-Service) platforms will near 48 billion by 2027; rising from 20 billion in 2022. This growth of 135% will be driven by leveraging 5G networks to implement advanced voice technologies including 5G-interactive calling and AI-IVR (Artificial Intelligence-Interactive Voice Response). CCaaS Platforms

CCaaS provides cloud-based contact centre infrastructure hosted by third-party service providers. It enables on-premises contact centres to use cloud-based infrastructures to service multiple technology channels.

5G to Boost CCaaS Voice Solutions CCaaS Platforms

The new research anticipates that the integration of 5G technologies into voice channels will drive the launch of novel voice services, such as interactive calling. This technology will enable businesses deploying CCaaS to include features such as interactive content and screensharing, directly in the native calling app on smartphones without the need for a third-party application. 5G will also improve existing CCaaS services such as IVR; utilising AI to reduce customer wait times and business costs.

Research author Elisha Sudlow-Poole commented: “Leveraging 5G networks will allow CCaaS vendors to provide enhanced management of devices, immersive experiences and increased capacity to support innovative services. Offering infrastructure that can support multiple channels and technologies will benefit industries looking to provide heightened omnichannel customer support.”

India Represents Greatest Monetisation Opportunity

The Asia Pacific region is a key opportunity for CCaaS vendors. The report predicts that the region will account for 19 billion voice calls by 2027; representing 40% of global CCaaS voice traffic. Within the region, the study identified India as an immediate monetisation opportunity for vendors, despite the delayed commercial launch of 5G networks in the country. It predicts that the existing strong contact centre infrastructure that can be easily integrated with third-party CCaaS platforms will alone be enough of an attractive proposition for CCaaS vendors.

Leading CCaaS platforms were assessed and evaluated on criteria such as depth and breadth of offerings, service innovation and future prospects. The leaderboard ranked the top three vendors as follows:
1. Twilio
2. CM.com
3. Infobip

Juniper Research Competitor Leaderboard

Key player capability and capacity assessment for 17 CCaaS providers; positioning them as either an established leader, leading challenger, or disruptor and challenger. Our Competitor Leaderboard scores these companies on their size of operations in the CCaaS space, their extent and breadth of market partnerships, the sophistication of their platforms, and Juniper Research’s view on each company’s innovation and future business prospects. The companies included in Juniper Research’s CCaaS Competitor Leaderboard include:

o Cisco
o Genesys
o Microsoft
o Oracle
o Talkdesk
o Vonage

Like this? "Sharing is caring!"