The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Unified Communications as a Service (UCaaS) Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Unified Communications as a Service (UCaaS) Industry (2023-2028):
According to the latest report, The Unified Communications as a Service (UCaaS) Market is likely to grow at a CAGR of around 14.3% during the forecast period, i.e., 2023-28. The report demonstrates the prominent factors propelling the exponential growth of the Unified Communications as a Service (UCaaS) industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
· Historical Data: 2019-22
· Base Year: 2023
· Forecast Period: 2023-28
· CAGR (2023-2028): 14.3%
What are the major Driver the Unified Communications as a Service (UCaaS) industry?
Increasing adoption of distributed workforce & remote work trends continue to amplify the demand for UCaaS in order to increase productivity, improve internal communication, and bring cost-efficiency. Moreover, the mounting use of Application Programming Interface (API) with audio, messaging, programmable video, and other services to automate the communication process shall further provide the necessary impetus to the market expansion in the coming years.
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Unified Communications as a Service (UCaaS) Market Segmentation
The Unified Communications as a Service (UCaaS) Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Function
- Enterprise Telephony
- Meetings (audio/video/web conferencing)
- Unified & Instant messaging
- Collaboration Platforms
- Others (Reporting & Analytics, etc.)
- By Size of Enterprise
- Large (Headcount Above 500)
- Medium (Headcount 101- 500)
- Small (Headcount up to 100)
- By End User Industries
- IT/Telecom
- BFSI
- Government & Utilities
- Education
- Healthcare
- Others (Consumer Goods, Hospitality, etc.)
- By Delivery Mode
- Managed Services
- Cloud/Hosted Services
- By Region
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
As per the regional aspect, the Unified Communications as a Service (UCaaS) Market is expected to be dominated by North America by capturing the potential market share.
Explore further details about this research report - https://www.marknteladvisors.com/research-library/unified-communication-as-a-service-market.html
Top Companies in the Unified Communications as a Service (UCaaS) Market
Google LLC, Microsoft Corporation, Cisco Systems, Inc., Zoom Video Communications, Inc., Avaya Inc., RingCentral, Inc., Mitel, Vonage, LogMeIn, Orange Business Services, 8x8, Inc., Huawei, Unify, GoTo, Windstream, Wildix, Dialpad, and Sangoma.
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