Global Unified Communications Market Research Report: By Product Type (On-Premise, Cloud-based), By Application (Unified Messaging, Conferencing, Video, Contact Center, Others) and By End-User (Healthcare, Education, Government, BFSI, Enterprises, others) – Forecast to 2023

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Unified Communications Market Research Report - Global Forecast to 2023
Unified Communications
Market Research Report -
Global Forecast to 2023

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Unified Communications Market Research Report - Global Forecast to 2023
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Unified Communications Market Research Report - Global Forecast to 2023
Summary:
Global Unified Communications Market Research Report: By Product Type (On-Premise, Cloud-based), By
Application (Unified Messaging, Conferencing, Video, Contact Center, Others) and By End-User (Healthcare,
Education, Government, BFSI, Enterprises, others) – Forecast to 2023
Market Overview:
The fast-emerging global unified communications market 2020 is noticing escalated growth, which has been
recorded at a substantial CAGR by Market Research Future after an exclusive study. It has also noted down that
the market has huge chances to reach a high valuation by the year 2023, which is being instigated by various
factors counting at the world level. Such a growth scene will take place during the years 2018 to 2023, which is
stated to be the market’s forecast period. The market will gain maximum prominence during these years.
The technological advancements and innovations in unified communications are likely to fuel demand for unified
communications over the next couple of years, which has created mush possibilities for the market in recent years.
The governments are attempting to promote the adoption of the communication system in various developed
economies around the world. This, in turn, has poised the augmentation of the global market in the forthcoming
years.
The use of cloud-based solutions for fast and seamless communication across businesses is expected to impact
market growth in the forecast period positively. The organizations are efficiently deploying cloud-based
collaboration solutions in various time zones so that they can improve the productivity of its mobile team
members.
Upward adoption of cloud-based unified communication platforms is allowing geologically-diverse and dispersed
teams to work together and collaborate in real-time through voice and video conferencing. The transition toward
the cloud is also allowing businesses to curb capital spending by adopting operational cost models that will
facilitate with paying on the basis of the capacity they require. All these factors are related to high growth
possibilities for the market during the forecast period.
At the same time, the rising demand for unified communications solutions is paving ways for opportunities for
solution providers in order to launch advanced versions of team collaboration software for various businesses. The
critical solution providers such as Avaya, Inc.; Cisco Systems, Inc.; and IBM Corporation are offering a mix of UC
and team collaboration solutions as part of efforts to strengthen market position, which is in a way contributing to
the market’s growth over the forecast period.
Segmentation:
As per segmentation, the global unified communications market has been studied among various segments such as
product type, application and end-user type.
Depending on product type segment, the market has included on-premise and cloud-based.

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Unified Communications Market Research Report - Global Forecast to 2023
Depending on application type, the market has included Unified Messaging, Contact Center, Video, Telephony,
conferencing and others.
Depending on end-user type, the market has included healthcare, enterprises, education, government, RETAIL, IT
& Telecom, BFSI and others.
Regional Analysis:
Europe, Asia Pacific, North America, and the Rest of the World are the key regions where the market’s study has
been conducted.
North America region led the Unified Communications Market back in the year 2018. The high adoption rates of
advanced technologies in the U.S. are possible to drive the regional market in the forecast period. In fact, the
presence of several significant players and the surged popularity of BYOD solutions are further contributing to
regional growth.
The Asia Pacific market is also probable to exhibit considerable growth owing to the popular trend of mobilization
among various businesses. The growth in the regional market can also be accredited to the rising importance of
conquering costs as well as demand for collaborations in the region. Sectors such as banking and financial services
(BFS), business process outsourcing (BPO), telecom, government, logistics, and hospitality have been changing to
unified communications to enable efficient collaboration and communication.
Competitive Dashboard:
The top market players operating in the global unified communications market are listed as NEC, Aastra, Google
LLC, Siemens Enterprise Communications, IBM Corporation, Verizon, Avaya Inc., Asnet, Star2Star, Mitel,
Orange, Hewlett-Packard, Microsoft Corporation, NTT, RingCentral, Connect Solutions, Cisco Systems, Huawei,
Unify, Alcatel-Lucent S.A and At&T.

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Unified Communications Market Research Report - Global Forecast to 2023
AdorPix LLC (US), and ProDPI (US).