Dublin, Aug. 10, 2020 (GLOBE NEWSWIRE) -- The "Interactive Response Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 6th edition of this report. The 108-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Interactive Response Systems Market to Reach $35.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Interactive Response Systems estimated at US$7.9 Billion in the year 2020, is projected to reach a revised size of US$35.4 Billion by 2027, growing at aCAGR of 23.9% over the period 2020-2027.
On-premises, one of the segments analyzed in the report, is projected to record 17.4% CAGR and reach US$11 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud-based segment is readjusted to a revised 28.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 23.7% CAGR
The Interactive Response Systems market in the U.S. is estimated at US$2.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.3 Billion by the year 2027 trailing a CAGR of 23.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.6% and 20.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.2% CAGR.
Competitors identified in this market include, among others:
- Boxlight, Inc.
- Dell Technologies
- KP1
- LLaborate Ltd
- Macmillan Learning
- Option Technologies International, LLC
- Promethean Ltd. (Promethean World)
- Qwizdom
- SMART Technologies, Inc.
- Turning Technologies, LLC.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Interactive Response Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/bj2l4t
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