Unified Communications Market is Set to Achieve USD 366.78 Billion by 2030 – Report by Market Research Future (MRFR)
Research Reports
Oct 03, 2023
Unified Communications Market Overview:
The unified communications (UC) market refers to the industry providing software and hardware solutions that integrate various real-time communication services such as voice, video conferencing, instant messaging, email, voicemail, and other capabilities. The goal of UC is to improve business productivity and efficiency by enabling seamless communication and collaboration between employees, partners, and customers.
The global unified communications market size was valued at USD 115.43 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 21.25% from 2023 to 2030. The market growth is driven by the rising adoption of UC solutions across enterprises to improve workforce mobility, flexibility, and productivity.
Click Here to Get Sample Premium Report:
https://www.marketresearchfuture.com/sample_request/6574
Unified Communications Market Competitive Analysis:
Dominant Key Players in the Unified Communications Market Covered are:
- Google LLC
- NEC
- Aastra
- IBM Corporation
- Siemens Enterprise Communications
- Avaya Inc.
- Verizon
- Star2Star
- Asnet
- Orange
- Mitel
- Microsoft Corporation
- Hewlett-Packard
- RingCentral
- NTT
- Cisco Systems
- Connect Solutions
- Unify
- Huawei
- At&T
- Alcatel-Lucent S.A.
Unified Communications Market Segmentation:
The unified communications market is segmented based on components, deployment models, organization size, verticals, and regions:
Components
-
Solutions (Conferencing, Collaboration Platforms, Voice, Unified Messaging)
-
Services (Training, Consulting, Implementation & Integration)
Deployment Models
-
Cloud/UCaaS
-
On-premises
Organization Size
-
Small & Medium Enterprises
-
Large Enterprises
Verticals
-
BFSI
-
Healthcare
-
Manufacturing
-
IT & Telecom
-
Retail
-
Government
-
Other Verticals
Regions
-
North America
-
Europe
-
Asia Pacific
-
Latin America
-
Middle East & Africa
Buy this Premium Research Report at:
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=6574
Regional Insights:
-
North America accounted for the largest market share in 2021. The presence of leading UC vendors and early adoption of UC solutions by enterprises in the region is driving market growth.
-
Asia Pacific is expected to exhibit the fastest CAGR over the forecast period due to the growing adoption of cloud-based UC solutions in countries like China, Japan, India and South Korea.
-
Europe represents the second largest unified communications market. Growing investments by SMEs in UC solutions is boosting adoption in the region.
Industry Latest News:
-
In September 2022, Avaya introduced Avaya Cloud Office by RingCentral in Europe. This strengthens Avaya’s UCaaS capabilities in the region.
-
In June 2022, Cisco expanded its partnership with Microsoft to better connect Microsoft Teams users with Webex devices and services. This enhances interoperability between the two leading UC platforms.
-
In May 2022, Vonage acquired the CCaaS provider Bright Pattern. The acquisition expands Vonage’s UC portfolio with advanced contact center capabilities.
-
In March 2022, 8×8 acquired Fuze to expand its market share in the global UCaaS market through Fuze’s solid enterprise customer base.
The unified communications market is expected to grow at a healthy rate in the coming years driven by the digital transformation of businesses, remote work trends, and continuous innovations by UC vendors. The adoption of advanced technologies like AI, IoT, blockchain in UC solutions will further shape the market growth. Leading providers are focused on easy integration, enhanced mobility, improved collaborations to offer greater business agility to enterprises.
Browse Full Report Details:
https://www.marketresearchfuture.com/reports/unified-communications-market-6574
Top Trending Reports:
- Video Content Analytics Market Research Report – Global Forecast till 2030
- Cloud Storage Market Research Report- Global Forecast 2030
- Software Defined Data Center Market Research Report – Global Forecast To 2030
- Perimeter Protection Market Research Report – Global Forecast till 2030
- Data Fabric Market Research Report – Global Forecast to 2030
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching “Wantstats” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Contact Information:
Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com
Tags:
Research Newswire, English