The global Unified Communications as a Service Market size was worth approximately $15.8 billion in 2019 and projected to expand $24.8 billion by 2024, at a CAGR of 9.5% during the forecast period. The key factors driving the growth of the UCaaS market include increasing demand for UCaaS from both large enterprises and SMEs and growing trends toward mobility and Bring Your Own Device (BYOD).
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Based on components, the collaboration platforms and applications segment to grow at the highest CAGR during the forecast period
The presence of legacy unified communication systems for telephony has made easy for enterprises to move to cloud telephony without many budget investments. Additionally, employees across the world prefer voice as a main form of communication compared to messaging and video conferencing. This has led telephony to have the largest market share compared to other components. However, rising need for security and need to remove dependency on multiple vendors enterprises are deploying collaborations platforms to have a single solution for all their unified communication needs. Thus, collaboration platforms and applications segment is estimated to grow at the highest CAGR during the forecast period.
Based on Region, North America to account for the largest market size during the forecast period
North America is estimated to dominate global UCaaS due to the presence of a large number of UCaaS vendors and high adoption of BYOD and enterprise mobility trends across the region. However, Asia Pacific (APAC) is estimated to grow at the highest CAGR during forecast period among other regions.
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The major key players in Unified Communications as a Service Market report includes, RingCentral (US), 8x8 (US), LogMeIn (US), Mitel (US), Cisco (US), Vonage (US), Fuze, Inc. (US), Microsoft (US), Google (US), Verizon (US), BT (UK), Orange S.A. (France), DialPad (US), StarBlue (Ireland), Windstream (US), Alcatel-Lucent Enterprise (France), Intrado Corporation (US), NTT Communications Corporation (US), Masergy (US), and Revation Systems (US). The study includes the in-depth competitive analysis of these key players in the UCaaS market with their company profiles, recent developments, and key market strategies.
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In this report, our team offers a comprehensive analysis of Unified Communication as a Service (UCaaS) market, SWOT analysis of the most prominent players in this landscape.
Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-unified-communication-as-a-service-ucaas-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• Google• Cisco Systems• Avaya• Microsoft Corporation• AT• Polycom• IBM Corporation• Genesys• Huawei Technologies Co. Ltd.• Telefonaktiebolaget LM Ericsson• Verizon Communications, Inc.• NICE• ALE International On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• Unified Messaging• Telephony• Collaboration Platforms• Conferencing By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Small Businesses (0-99)• Medium Businesses (100-999)• Enterprises (1000-9999)• Large Enterprises (1000 +) By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-unified-communication-as-a-service-ucaas-market-2020-2026 Table of Contents Global Unified Communication as a Service (UCaaS) Market Professional Survey Report 20191 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Unified Messaging1.3.2 Telephony1.3.3 Collaboration Platforms1.3.4 Conferencing1.4 Application Overview1.4.1 Small Businesses (0-99)1.4.2 Medium Businesses (100-999)1.4.3 Enterprises (1000-9999)1.4.4 Large Enterprises (1000 +)1.5 Industrial Chain1.5.1 Unified Communication as a Service (UCaaS) Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Unified Messaging2.1.2 Telephony2.1.3 Collaboration Platforms2.1.4 Conferencing2.2 The Overall Market Performance(Value)2.2.1 Unified Messaging2.2.2 Telephony2.2.3 Collaboration Platforms2.2.4 Conferencing 3 Global Unified Communication as a Service (UCaaS) Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Small Businesses (0-99)3.3 Medium Businesses (100-999)3.4 Enterprises (1000-9999)3.5 Large Enterprises (1000 +) Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/ict About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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Unified Communications as a Service (UCaaS) Market Size 2021-2027This report studies the Unified Communications as a Service (UCaaS) Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers.
Find the complete Unified Communications as a Service (UCaaS) Market analysis segmented by companies, region, type and applications in the report.The report offers valuable insight into the Unified Communications as a Service (UCaaS) market progress and approaches related to the Unified Communications as a Service (UCaaS) market with an analysis of each region.
The report goes on to talk about the dominant aspects of the market and examine each segment.Top Key Players: Google, Avaya, Cisco, Microsoft, Fuze, West Unified Communications Services, Mitel, PanTerra Networks, and PolycomGet a Free Sample: https://www.reportsandmarkets.com/sample-request/global-unified-communications-as-a-service-ucaas-market-4145760?utm_source=techsite_medium=34The global Unified Communications as a Service (UCaaS) market segmented by company, region (country), by Type, and by Application.
Players, stakeholders, and other participants in the global Unified Communications as a Service (UCaaS) market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2021-2027.Market Segment by Regions, regional analysis coversNorth America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, Colombia etc.
)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Research objectives:To study and analyze the global Unified Communications as a Service (UCaaS) market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.To understand the structure of Unified Communications as a Service (UCaaS) market by identifying its various sub segments.Focuses on the key global Unified Communications as a Service (UCaaS) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Unified Communications as a Service (UCaaS) with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the size of Unified Communications as a Service (UCaaS) submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.The report lists the major players in the regions and their respective market share on the basis of global revenue.
It was noticed in 2019 in India that UCaaS services have the potential to transform the business communications system and many marketing analysts observed that Unified Communications (UC) model’s collaboration capability tremendously enhances the SME’s and Startup productivity.
Now it’s a time to look into the year 2020 to see the trends in the market and know the reason why businesses are adopting it:Team Collaboration: Unified communications have digital abilities that allow companies to deliver the best services externally and internally.
It’s team collaboration features enhance the performance of the employee and management.
It helps users to coordinate with the teammates and clients to resolve the business challenges create individual work space then have workflows and data added to it.
Collaboration also helps to maintain and manage the workflow through open communication and coordination among concerned individuals and teams.Video or Audio for more than just conferencing: Another feature called video conferencing has increased collaboration up to 25% while Audio conferencing has increased up to 37% at the beginning of 2019.
It is very useful for both domestic and international clients that show your professionalism and increase business productivity.Application and workflow integration: UCaaS solutions have enhanced the option for business process integration that has improved customer services and streamlined the organisation's workflow.
