Market Size of United States Customer Technical Support Services Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 9.34 Billion |
Market Size (2029) | USD 13.53 Billion |
CAGR (2024 - 2029) | 7.69 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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United States Customer Technical Support Services Market Analysis
The United States Customer Technical Support Services Market size is estimated at USD 9.34 billion in 2024, and is expected to reach USD 13.53 billion by 2029, growing at a CAGR of 7.69% during the forecast period (2024-2029).
- American businesses are increasingly embracing intelligent automation as part of initiatives for digital transformation that provide immediate advantages. To improve customer assistance during the pandemic, more American businesses are implementing conversational AI technologies, like chatbots, virtual agents, and voice assistants. The most common hosting choice for conversational AI is the public cloud, although on-premises deployment is preferred in heavily regulated sectors like banking and healthcare.
- A New York-based business called Lang.ai is creating a technology that automatically tags client chats to handle service issues rapidly. It revealed in May 2022 that it had raised USD 10.5 million in a Series A fundraising round coordinated by Nava Ventures (bringing its total raised to USD 15 million). Existing help desk platforms, like Zendesk and Intercom, are used by the platform to extract concepts from customer inquiries.
- Focusing on long-term commitment effectively preserves a positive relationship between suppliers and customers, much like other technical support trends. Companies that outsource seek clients with whom they may develop a long-term connection. Contrarily, choosing the ideal technical support outsourcing partner is a time-consuming process. Businesses are working to establish long-term cooperation and reliable relationships so that both companies can profit from one another cost-effectively. Therefore, long-term ties are far more beneficial than short-term commitments when it comes to business development.
- The rising fraudulent activities in the name of tech support make the customers suspicious; it hampers and tarnishes the image of the tech support industry and makes it difficult for technical assistance due to low trust and suspicion toward such services. This overall costs the company their support operations and forms a challenge for them.
- Due to COVID-19 and its rapid adoption of online channels across customers, businesses have developed extraordinary speed to provide top-notch customer service and compassionate employee care. Brands have reviewed how they use contact centers, how their staff provides great customer experiences, where those employees work, and how they might use digital channels to support the growth in contact center volume. During the pandemic, the market was initially at risk due to the sharp rise in call volume and abrupt switch to remote work-from-home models, but over time, these changes have given rise to a tremendous opportunity for the United States Customer Technical Support Services Market.