Remove 2028 Remove Abandon rate Remove Chatbots
article thumbnail

Understanding the Shift: Why Businesses are Embracing Contact Center Outsourcing

CCNG

By 2028, the market for contact center outsourcing is expected to grow at a CAGR of 5.66% (2023-2028), reaching USD 132.92 They must be ready to cater to customer requests via phone, email, live chat, chatbots, instant messaging, and social media platforms.

article thumbnail

10 Effective Ways to Reduce Costs in Your BPO Contact Center

Hodusoft

million by 2028; it is likely to record a CAGR of 7.5% from 2023 to 2028. By providing self-service options like IVR (Interactive Voice Response) systems, automated chatbots, virtual assistants, and others for routine inquiries, customer’s routine queries can be resolved efficiently without agent intervention.