Global Unified Communication as a Service Market was valued at USD 16.2 in 2019 which is expected to reach USD 25.9 billion by 2030 at a CAGR 9.8%.
Unified Communication as a Service s are the mode of delivery model in which various communication and collaboration services and applications are outsourced by to a third party provider and delivered over network. These services include enterprise messaging, telephony, and video conferencing. Unified Communication as a Service offers flexibility, availability and scalability to core business task. These services are used by various organizations for improvement of business processes through streamlining communication.
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Key Players:
· LogMeIn Inc., Microsoft, Google, Cisco, Orange S.A., Verizon, RingCentral, Revation Systems, Masergy, Intrado Corporation, Vonage, NTT Communications, and Windstream.
Top Regional scope:
· NorthAmerica
· Asia Pacific
· Europe
· Latin America
· Middle East
By Drivers, Unified Communication as a Service Market:
· Increase in demand for Unified Communication as a Service in large as well as small and medium size enterprises for improvement of business process is expected to boost the global Unified Communication as a Service market growth. Furthermore, growing trends of mobility and Byod usage will have the positive impact on global Unified Communication as a Service market growth. Moreover, rise in deployment of AI (Artificial Intelligence) in the communication sector which is expected to propel the global unified as aservice market growth. In addition to that, increase in adoption of private cloud model by safe banks to safeguard sensitive information is expected to drive the global Unified Communication as a Service market growth.
By Restraints, Unified Communication as a Service Market:
· However, security and privacy concern over cloud based deployment is the major restraining factor which is expected to hamper the growth of global Unified Communication as a Service market.
Segments:
· Global Unified Communication as a Service Market is segmented into deployment such as Private Cloud, and Public Cloud., by components such as Telephony, Unified Messaging, Collaboration Platforms, and Conferencing. Further, Global Unified Communication as a Service Market is segmented on the basis of industry vertical such as Education, Automotive, BFSI, Healthcare, Real Estate, Hospitality, IT & Telecommunication, Legal, and Others.
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By Deployment:
- Private Cloud
- Public Cloud
By Components:
- Telephony Unified Messaging
- Collaboration Platforms Conferencing
Client Attention:
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· Primary research, secondary research, qualitative research, and quantitative research are some of the several kinds of market research.
What is secondary research?
· Secondary research involves gathering information from already published sources, such online databases, industry journals, and market reports.
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