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Global Customer Self-Service Software Market Is Booming With an Annual Growth Rate of 18.4%

Answer Dash

The global customer self-service market is booming, with a compound annual growth rate (CAGR) of 18.4%. Self-service is taking over and becoming a key player in the customer service market, and both companies and consumers should take notice. in the forecast period of 2019 to 2026. In other words?

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Ecommerce vs. brick-and-mortar: Unlocking retail success in 2022

Think Customers

In the wake of several factors not limited to COVID-19, including the rise of ecommerce, research from UBS predicts that around 80,000 retail stores may shut down permanently by 2026. If consumers walk away with positive memories, they will be likely to recommend or share the experience with others.

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Is a Digital-Only Strategy Right for Your Business?

CSM Magazine

I suspect the move to digital isn’t just about service. Self-service is an extremely important part of delivering great customer service. Now, chatbot messaging apps are of such a calibre that they won’t just serve customers, but they will also manage around half of all retail transactions by 2026.

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How AI and GenAI Are Shaking the Status Quo in Customer Experience (CX)

ECXO

By 2026, two-thirds of business leaders expect to adopt GenAI to enhance customer service, according to Insight Enterprises. This all adds a human element to the traditional self-service interface. There is also a huge development wave of other GenAI-powered tools and platforms.

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How can Speech Analytics help your Call Center?

NobelBiz

Call centers that use a Speech Analytics system may detect these friction areas and take steps to improve their goods and services, customer journeys, and agents’ handling of consumer demands. This includes collecting multiple retrievable, recognizable, and reusable data points on interactions between this consumer and a corporation.

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ChatGPT: The Next Big Thing in Contact Centers?

NobelBiz

Just to be clear about the consequences, according to Gartner, by 2026, conversational artificial intelligence (AI) deployments within contact centers will reduce agent labor costs by $80 billion. But wait, there’s more; in the same article, Gartner estimates that one in 10 agent interactions will be automated by 2026.