This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The e-learning sector is expected to grow 8% by 2026. billion by 2026 — a CAGR of 12.3% from 2020 to 2026. In the same report, 65% of consumers said they’ve abandoned opening an account or completing a transaction on at least one occasion because of friction. The online footwear market is expected to grow to $530.3
In some cases, the impact can be significant, with a decrease in call hold times of up to 82% and abandonmentrates of 81%. As mentioned in one study by Gartner, Conversational AI is predicted to reduce labor costs by $80 billion by 2026.
trillion USD by 2026. Call queue management empowers e-commerce businesses to lower call abandonmentrates while reducing the average holding time for customers. With greater internet accessibility and drastic change in customer behavior, the age of e-commerce began and continues to grow.
million shortfall in developers by 2026. Read our case study to learn how international retailer VidaXL used babelforce to cut AHT, wait times and abandonmentrates. The business world’s appetite for custom software functionality has exceeded the supply, which puts pressure on IT and development resource.
But Gartner projects that that number is rapidly rising: by 2026, one in 10 agent interactions will be automated. When it comes to customer service and call center technology, an estimated 1.6% of agent interactions with customers today are automated using AI.
trillion dollars by 2026—a significant increase of 56% from 5.2 Here’s how you can get started: Designing a highly optimized checkout process that minimizes cart abandonmentrate If you make it easy for customers to check out, the higher the chance they’ll check out again, and they’ll come back! trillion U.S.
We organize all of the trending information in your field so you don't have to. Join 34,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content