Contact Center Solutions Featured Article

July 25, 2012

China to Show Impressive Call Center Growth, Says Analyst Group


So which Asian country has a call center business that is really rolling? India, you might say, or perhaps the Philippines. While those two nations are certainly owners of a lot of call center business, it’s China that surprisingly takes the lead.

According to new data, the Chinese contact center market reported a total revenue of US $116.8 million in 2010 and will be worth US $255 million by 2017. In the Asia Pacific region, China has positioned itself in third place in terms of revenue in 2010 and will overtake Australia as the second largest market by 2017, according to research group Frost & Sullivan (News - Alert).

So where is the growth coming from? Reportedly, much of it is thanks to new system upgrades and expansion activities in existing call centers that will contribute to most of the revenue in the next three years. In essence, Chinese contact centers are bringing in state-of-the-art technologies to better serve customers.

“Another driver is the increasing awareness and adoption rate of advanced applications such as work force management, speech technology and other multimedia applications,” said Lu Shui Shan, Research Associate of ICT Practice, Asia Pacific for Frost & Sullivan, in a press release this week. “The increasing demand of other UC solutions will also drive the market in the long run. Furthermore, local vendors use relatively low pricing to attract a larger number of customers.” 

As for the vertical industries involved, it's apparent that the big three – financial services, telecom and government –are driving the most growth. These three verticals took up more than 60 percent of the market in 2010. The industry saw good growth in small to mid-size contact centers. These enterprises with 50 to 200 agents per contact center took over half of the market. Their size gave them an edge and they are able to achieve the rapid growth with high adoption of in-house contact center solutions, according to Frost & Sullivan.



Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.




Edited by Brooke Neuman


Related Contact Center Solutions Articles

    Indosoft Boosts Q-Suite ACD's Ability to Retain Calls in the Event of Server Faults

    If you run a mission-critical call center and one of your servers goes down, so you risk dropping that very important call? Given the number of serious storms that have battered the U.S. in recent years, more and more call centers might be said to be mission-critical: emergency services call centers, utility customer support, 411 information call centers and insurance companies are just some of the organizations that get busy under high-pressure circumstances. [ Read More ]
    05/23/2013

    How to Really Improve Customer Experiences, REALLY!

    In the last several weeks as a result of the Interactive Intelligence Interactions 13 event, and a variety of industry developments, I have been exposed to not just to the latest and greatest in contact center solutions. It has also been my good fortune to interact with some very knowledgeable people from across the broad spectrum of community stakeholders-customers, resellers, channel partners, industry analysts-literally from all over the world. What they all have in common is an intense focus… [ Read More ]
    05/23/2013

    iPhonik to Open Sri Lanka Contact Center for Asian Alliance Insurance

    iPhonik has signed a deal to open a contact center in Sri Lanka for Asian Alliance Insurance (AAI) which will now employ local Sri Lankan agents. [ Read More ]
    05/23/2013

    LiveOps selected in AlwaysOn OnDemand Top 100 list

    LiveOps, Inc announced it has selected AlwaysOn, a business media brand connecting and informing the entrepreneurial community, in its list of AlwaysOn OnDemand Top 100 Private Companies for the third year in a row. [ Read More ]
    05/23/2013

FOLLOW US

Contact Center Solutions Glossary of Terms

Featured Whitepaper

    Microsoft® Lync® in the Contact Center: Integrating with Customer Interaction Center™ to Provide a Barrier‐free Customer Experience To implement contact center functionality, organizations using Microsoft Lync Server 2010 can follow the unified communications blueprint of open standards interoperability and integrate to a contact center solution of their choice. Customer Interaction Center (CIC) from Interactive Intelligence is a proven best of breed contact center solution that merits consideration ...

Featured Success Story

    Contact Center Solutions Featured Success Story
    Interactive Intelligence all-in-one IP communications software suite integrated with Microsoft Lync helps Bentley save $200,000 annually.

Featured Product Demo

    Contact Center Solutions Interaction Analyzer™
    Interaction Analyzer™
    Real-time word and phrase spotting. Alerting. Analytics. Scoring. Coaching. Watch how Interaction Analyzer turns every moment, of every past and present call, into data that lets you deliver an exceptional customer experience.

Featured Resources