Overview and Scope
Customer self-service software refers to a set of instructions or programs that are designed to create customer-initiated technology to support customers to service themselves by giving access to information about a product and services of an organization without the involvement of a support agent. Customer self-service software is used to assist clients or customers to find solutions by themselves without requiring any interaction with a representative.
Sizing and Forecast
The customer self-service software market size has grown exponentially in recent years. It will grow from $15.53 billion in 2023 to $18.64 billion in 2024 at a compound annual growth rate (CAGR) of 20.0%. The growth in the historic period can be attributed to cost reduction and efficiency, increased customer expectations, mobile and online accessibility, 24/7 availability, scalability for growing businesses, enhanced customer experience..
The customer self-service software market size is expected to see exponential growth in the next few years. It will grow to $40.55 billion in 2028 at a compound annual growth rate (CAGR) of 21.4%. The growth in the forecast period can be attributed to multichannel self-service, personalization and user context, voice and natural language processing, data security and privacy, customer education and training, . Major trends in the forecast period include rise of ai-powered self-service solutions, knowledge base optimization, mobile self-service applications, voice-activated self-service, continuous improvement through customer feedback, integration with customer relationship management (crm) systems..
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Segmentation & Regional Insights
The customer self-service software market covered in this report is segmented –
1) By Offering: Solution, Service
2) By Deployment: Cloud, On-Premise
3) By End-User Industry: BFSI, Healthcare, Retail, Government, IT and Telecommunication, Other End-user Industries
North America was the largest region in the customer self-service software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the customer self-service software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increase in accessibility of customer service touchpoints is expected to propel the growth of the customer self-service software market going forward. Customer service touchpoints refer to real-time consumer interaction with an organization’s employee, a website, an application, or an advertisement to enhance a customer’s buying and problem-solving process related to a product or service to maximize customer experience. Major companies are choosing customer self-service software due to customers’ requests for solutions instantly to their problems rather than finding the solutions on the web or instead of waiting on the phone. For instance, in 2022, according to Emplify Inc., a US-based company operating in software-as-a-Service, approximately 52% of customers expect brands to respond within one hour, and 75% of customers think it’s important for an organization to have a fully self-service customer care option. Therefore, the rising accessibility of customer service touchpoints is expected to propel the growth of the customer self-service software market.
Key Industry Players
Major companies operating in the customer self-service software market report are Oracle Corporation, Salesforce.com Inc., SAP SE, Microsoft Corporation, BMC Software Inc., Verint Systems Inc., Zendesk Inc., Nuance Communications Inc., Zoho Corporation Private Limited, Avaya Holdings Corp., HappyFox Technologies LLP, Aspect Software Inc., Zappix Inc., Freshworks Inc., AnswerDash Inc., LogMeIn Inc., SolarWinds MSP UK Ltd., Moxie Software Solutions India Private Limited, Software Advice Inc., Creative Virtual Limited, eGain Corporation, Nanorep Technologies Ltd., SugarCRM Inc., Inbenta Holdings Inc., Aptean Asia-Pacific Ltd., HubSpot Inc., Pegasystems Inc., ServiceNow Inc., Genesys Telecommunications Laboratories Inc., Kustomer Inc., Helpshift Inc., UJET Inc., Ada Support Inc., HappyFox Inc., HelpCrunch Inc., Intercom Inc., Slovakian company
The customer self-service software market report table of contents includes:
1. Executive Summary
2. Customer Self-Service Software Market Characteristics
3. Customer Self-Service Software Market Trends And Strategies
4. Customer Self-Service Software Market – Macro Economic Scenario
5. Global Customer Self-Service Software Market Size and Growth
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31. Global Customer Self-Service Software Market Competitive Benchmarking
32. Global Customer Self-Service Software Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Customer Self-Service Software Market
34. Customer Self-Service Software Market Future Outlook and Potential Analysis
35. Appendix
Top Major Players:
Oracle Corporation
Salesforce.com Inc
SAP SE
Microsoft Corporation
BMC Software Inc.
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