Remove 2030 Remove Marketing Remove Technology
article thumbnail

The Explosive Growth of the Text Analytics Market: Trends, Opportunities, and Forecast

Thematic

The text analytics market is expected to skyrocket from around $29 billion to over $78 billion in the next few years. Understanding the Text Analytics Market At its core, text analytics is all about turning unstructured text—like customer feedback, emails, support tickets, and social media posts—into something useful.

article thumbnail

Enhancing Customer Experience Through Multilingual Support: The Role of Professional Translation

CSM Magazine

Today, in this globalized world, businesses of any size want to expand their reach and exploit new markets beyond borders. Being able to communicate well with customers in your customers’ mother tongues is a very important element of success in chances of entering and competing successfully in an international market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why 90% of Global Businesses Will Use AI Translation in Customer Support

CSM Magazine

As AI technology continues to evolve, its clear that AI translation will soon become a standard tool for businesses worldwide. In fact, industry experts predict that 90% of global businesses will use AI in their customer support by 2030. The Growing Need for AI in Customer Support 1.

article thumbnail

How AI Technologies Can Facilitate the 5G Rollout

TechSee

The next generation of wireless technology – 5G – promises to impact our lives by delivering a network that is 100 times faster than smartphone cellular connections and ten times faster than the speediest home broadband service. Telecoms recognize that to capitalize on the 5G opportunity, they must act fast or risk losing out on market share.

article thumbnail

Will Robots Take My Job? Finding the Balance Between Human and Automation

Oracle

75 million to 375 million people globally may need to switch occupations by 2030 due to automation, according to a McKinsey report. “But the amount of work it adds to the market far outweighs the amount of work lost.” “But the amount of work it adds to the market far outweighs the amount of work lost.”

2030 111
article thumbnail

Market Research Uncovers First Mover Opportunities

NetBase

Identifying a new category is exciting, particularly when market research uncovers a first mover opportunity and your brand is ready to capture it. Let’s see how consumer and market intelligence reveals these instances, and a few brands that have been nimble enough to take advantage of key insight. The First Mover Club.

article thumbnail

10 Questions to Ask Yourself Before Outsourcing Customer Service

CSM Magazine

According to Global Response , the customer support outsourcing industry, part of the broader Business Process Outsourcing (BPO) market, is currently valued at approximately $307 billion. It is projected to grow at a compound annual growth rate (CAGR) of 9.4%, reaching $525 billion by 2030. What Technology and Tools Do They Use?