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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
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2024 U.S. Industry Statistics & Market Forecast - Telemarketing Bureaus and Other Contact Centers
Market Size & Industry Statistics
The total U.S. industry market size for Telemarketing Bureaus and Other Contact Centers:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The Telemarketing Bureaus & Contact Centers industry has been experiencing various key trends that are redefining the sector and its operational landscape. Firstly, there has been a growing emphasis on the adoption of automation and artificial intelligence (AI) in the delivery of telemarketing and customer services. This has resulted in enhanced accuracy, reduced costs, and improved efficiency in daily operations.Secondly, the industry has been witnessing a significant shift from the traditional inbound and outbound call centers to multi-channel contact centers that allow customers to choose their preferred mode of communication, including texting, email, social media, chatbots, among others. As a result, contact centers are increasingly becoming omnichannel to provide a seamless and consistent customer experience.
Thirdly, there has been a growing shift towards the use of remote workers and virtual contact centers. This is due to the rise of flexible working practices and the need to decentralize operations, reduce overhead costs, and enhance workforce scalability.
Lastly, the industry is experiencing a shift towards a customer-centric model, which involves gathering data, analyzing feedback, and focusing on customer experience and satisfaction. This is vital for contact centers to differentiate themselves in a highly competitive landscape, build brand loyalty, and drive business growth.
Product & Services Breakdown
Research products and services in the Telemarketing Bureaus and Other Contact Centers industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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Telemarketing Services |
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Outbound Telemarketing Services |
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Inbound Telemarketing Services |
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Telephone Answering And Messaging Services, Including Contact/Call Center Services |
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Fundraising Organization Services (On A Contract Or Fee Basis For Clients, Individuals, Or Organizations) |
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All Other Receipts |
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All Other Operating Receipts |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) | |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Telemarketing Bureaus and Other Contact Centers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Telemarketing Bureaus and Other Contact Centers industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Telemarketing Bureaus and Other Contact Centers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 5% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 3% | |||
Business and Financial Operations Occupations | 7% | |||
Business Operations Specialists | 6% | |||
Sales and Related Occupations | 17% | |||
Other Sales and Related Workers | 8% | |||
Telemarketers | 8% | |||
Telemarketers | 8% | |||
Office and Administrative Support Occupations | 61% | |||
Financial Clerks | 9% | |||
Bill and Account Collectors | 7% | |||
Bill and Account Collectors | 7% | |||
Information and Record Clerks | 39% | |||
Customer Service Representatives | 36% | |||
Customer Service Representatives | 36% | |||
Other Office and Administrative Support Workers | 5% |
Telemarketing Bureaus and Other Contact Centers Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Telemarketing Bureaus and Other Contact Centers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Telemarketing Bureaus and Other Contact Centers industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Telemarketing Bureaus and Other Contact Centers industry. |
Innovation News
- Oct 13, 2020: Support Services Group trademarks "S2G" - Customer service management for others; Marketing services; Telemarketing; Telemarketing services; Business management consultation and services
- Oct 13, 2020: Support Services Group trademarks "S2G" - Customer service management for others; Marketing services; Telemarketing; Telemarketing services; Business management consultation and services
- Jul 14, 2020: Support Services Group trademarks "S2GENIUS" - Customer service management for others; Marketing services; Telemarketing; Telemarketing services; Business management consultation and services
Recent Federal Contracts for Telemarketing Bureaus and Other Contact Centers- Feb 26, 2024: FRED HUTCHINSON CANCER CENTER (Seattle, WA) awarded $49,169,353
- Feb 26, 2024: CHEROKEE NATION SYSTEM SOLUTIONS LLC (Tulsa, OK) awarded $181,452
- Feb 23, 2024: K4 SOLUTIONS, INC (Vienna, VA) awarded $11,618,650
- Feb 22, 2024: MAXIMUS FEDERAL SERVICES, INC. (Mc Lean, VA) awarded $379,551,782
- Feb 22, 2024: PEARL INTERACTIVE NETWORK, INC. (Columbus, OH) awarded $14,109,521
- Feb 20, 2024: TUKNIK GOVERNMENT SERVICES LLC (Anchorage, AK) awarded $6,515,523
- Feb 26, 2024: FRED HUTCHINSON CANCER CENTER (Seattle, WA) awarded $49,169,353
- Feb 26, 2024: CHEROKEE NATION SYSTEM SOLUTIONS LLC (Tulsa, OK) awarded $181,452
- Feb 23, 2024: K4 SOLUTIONS, INC (Vienna, VA) awarded $11,618,650
- Feb 22, 2024: MAXIMUS FEDERAL SERVICES, INC. (Mc Lean, VA) awarded $379,551,782
- Feb 22, 2024: PEARL INTERACTIVE NETWORK, INC. (Columbus, OH) awarded $14,109,521
- Feb 20, 2024: TUKNIK GOVERNMENT SERVICES LLC (Anchorage, AK) awarded $6,515,523