Global Unified Communication Market To Experience Significant GrowthA Chapter by David JonesUnified Communication Market Share, Size, Analysis, Growth, Trends and Forecasts to 2022 | Hexa ResearchA recent study by Hexa Research
reveals that increasing enterprise and workforce mobility will be important
factors leading global unified communications market to attain revenues of more
than $75.50 billion by 2020. Rising penetration of smartphones will also
augment demand for unified communication products. Many organizations, large
and small, across the globe are encouraging practices such as Bring Your Own
Device (BYOD), necessitating reliable unified communication solutions. However,
huge capital investments and challenges linked to seamless operation across
varied platforms are possible inhibitors for the growth of unified
communications industry.
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Details of Report @ http://www.hexaresearch.com/research-report/unified-communication-industry/ Hexa Research divides all unified communications products into on premise and cloud-based or hosted. While on premise segment was responsible for more than 59% of the total demand in 2013, on premise or hosted products are likely to grow rapidly by 2020. On premise products are riddled with disadvantages like high set up and maintenance costs. Government, healthcare and education applications hold potential for growth of global unified communications industry. However, enterprise applications not only assumed leadership position in 2013 but are also expected to continue market dominance in the near future. Enterprises of all sizes are engaged in employment of infrastructure that will be able to support unified communication services.
Hexa Research identifies North America as a key
regional market of the global unified communications industry as it contributed
to more than 34% of the total market share in 2013. This region hosts a number
of leading operators. Also, BYOD is a popular work feature here. Considerable
savings in costs and rising demand for effective communication and
collaboration products are factors that will result in rapid growth of Europe
and Asia Pacific in the coming years.
Leading players in the global unified communications
market include Avaya, Inc., IBM, Cisco Systems, Verizon Communications, Alcatel
Lucent, NEC, etc. Hexa Research found that Cisco enjoyed a dominant market
position with solutions that ensure consistency across various devices. The
unified communications industry is characterized by consolidation by way of
alliances and acquisitions.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research- About Us: Hexa
Research is a market research and consulting organization, offering industry
reports, custom research and consulting services to a host of key industries
across the globe. We offer comprehensive business intelligence in the form of
industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives. © 2017 David Jones |
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Added on August 23, 2017 Last Updated on August 23, 2017 Tags: Unified Communication Market AuthorDavid Jonescalifornia, CAAboutResearch Analyst At Hexa Research Which Provides Research Content For All Types Of Domains do check my Articles more..Writing
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