Unified Communications Market
Unified Communications Market - Global Industry Assessment & Forecast
Segments Covered
- By Components Types, Services
- By Types UCaaS, IP Telephony, Video Conferencing Systems
- By Services UC Managed Services, Professional Services
- By Deployment Mode On-Premises, Public Cloud, Hybrid Cloud
- By Organization Size Large Enterprises, Small and Medium-Sized Enterprises (SMEs)
- By Vertical BFSI, IT and Telecom, Retail and Consumer Goods, Healthcare, Public Sector and Utilities, Logistics and Transportation, Travel and Hospitality, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 93.29 Billion |
Revenue 2030: | USD 390.53 Billion |
Revenue CAGR (2023 - 2030): | 19.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Unified Communications Market by Components by Types by Services by Deployment Mode by Organization Size by Vertical by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Unified Communications market.
FAQ
Frequently Asked Question
What is the global demand for Unified Communications in terms of revenue?
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The global Unified Communications valued at USD 93.29 Billion in 2022 and is expected to reach USD 390.53 Billion in 2030 growing at a CAGR of 19.60%.
Which are the prominent players in the market?
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The prominent players in the market are Google (US), Zoom (US), Cisco (US), Microsoft (US), Avaya (US), Fuze (US), LogMeIn (US), RingCentral (US), Verizon (US), BT (UK), Dialpad (US), Orange S.A. (France), StarBlue (Ireland), Windstream Intellectual Property Services (US), Alcatel-Lucent Enterprise (France).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 19.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Unified Communications include
- COVID-19 pandemic boosted the adoption of unified communication and collaboration solutions
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Unified Communications in 2022.