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Middle East & Africa Customer Experience Management Market
No. of Pages: 160 | Report Code: BMIRE00027180 | Category: Technology, Media and Telecommunications
No. of Pages: 160 | Report Code: BMIRE00027180 | Category: Technology, Media and Telecommunications
The customer experience management market in Middle East & Africa is expected to grow from US$ 482.18 million in 2022 to US$ 1,003.62 million by 2028. It is estimated to grow at a CAGR of 13.0% from 2022 to 2028.
Incorporation of New Business Models
The omnichannel shopping structure is primarily aimed at providing the cross-platform sales approach adopted by businesses to provide customers with an enhanced shopping experience in online and physical stores. According to statistics, this buying model offers a customer retention rate of about 89% compared to 33% for companies with weak omnichannel strategies. Hence, various well-known retail brands such as Bed Bath & Beyond, Kohl’s, and DSW are planning to invest approximately US$ 250 million in omnichannel strategies such as click and collect, Omni-inventory management, digital marketing, and personalization over the upcoming years. Therefore, the rapid adoption of this strategy h led companies to scrutinize their operating models by presenting data about products, purchasing processes, and aftermarket services. It will likely create immense opportunities for customer experience management software.
Market Overview
A new generation of connected, intelligent services is redefining the way Middle Eastern enterprises work to manage customer experience. According to a recent Avaya survey, 40% of executives in GCC consider their organization's customer experience to be "poor" or "average," and they are progressively aiming to adopt new technologies to improve it. The leaders of the public & private sectors recognize that they can differentiate themselves from their competitors by using technology to provide their customers with a better and more relevant experience. At GCC, organizations are also working to better integrate their products with smart city initiatives and initiatives for enhancing public well-being. Hence, the growing awareness of the benefits of automated CEM tools is anticipated to boost the customer experience management market growth over the forecast period.
Middle East & Africa Customer Experience Management Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Middle East & Africa Customer Experience Management provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Customer Experience Management refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Customer Experience Management Strategic Insights
Middle East & Africa Customer Experience Management Report Scope
Report Attribute
Details
Market size in 2022
US$ 482.18 Million
Market Size by 2028
US$ 1,003.62 Million
Global CAGR (2022 - 2028)
13.0%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Component
By Deployment Mode
By Organization Size
By Touchpoint
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Customer Experience Management Regional Insights
Middle East & Africa Customer Experience Management Market Segmentation
The Middle East & Africa customer experience management market is segmented into component, deployment mode, organization size, touch point, industry vertical, and country.
Adobe; Avaya Inc.; IBM Corporation; NICE Ltd.; Oracle Corporation; SAP SEl; Verint Systems, Inc.; Zendesk; SAS Institute Inc.; and Salesforce.com, inc. are the leading companies operating in the customer experience management market in the region.
The Middle East & Africa Customer Experience Management Market is valued at US$ 482.18 Million in 2022, it is projected to reach US$ 1,003.62 Million by 2028.
As per our report Middle East & Africa Customer Experience Management Market, the market size is valued at US$ 482.18 Million in 2022, projecting it to reach US$ 1,003.62 Million by 2028. This translates to a CAGR of approximately 13.0% during the forecast period.
The Middle East & Africa Customer Experience Management Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Customer Experience Management Market report:
The Middle East & Africa Customer Experience Management Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Customer Experience Management Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Customer Experience Management Market value chain can benefit from the information contained in a comprehensive market report.