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Unlock the insights you need to achieve a true seamless and frictionless customer experience (CX) to create maximum value for your clients with our latest Frost Radar™ Report: Customer Experience Management in Europe, authored by industry expert Bernardin Arnason.
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The introduction and hype of generative AI (GenAI) is driving intense interest in digital experiences, automation, and self-service applications, creating innovation momentum that customer experience management (CXM) firms need to embrace and use to their competitive advantage.
Growth rates for the European CXM market have declined since the double-digit pace of 2020 and 2021. Frost & Sullivan now expects growth rates to hover around 1% through 2026 and recover thereafter.
The role of agents is evolving, and CXM providers need to address and manage the balancing act of leveraging technology and AI to automate low-value transactional interactions while simultaneously building the skills and capabilities of agents to effectively manage more complex, high-value interactions.