[137 Pages Report] To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the UCaaS market

1. Unified Communications as a Service Market is
expected to grow $24.8 billion by 2024

2. Scope of The Report
By Component
The research report categorizes the Unified Communications as a Service Market
to forecast the revenues and analyse the trends in each of the following subsegments:
• Component
o Telephony
o Unified Messaging
o Conferencing
o Collaboration Platforms And Applications
And More…
By Verticals
• BFSI
• Telecom and IT
• Consumer Goods and Retail
• Healthcare
• Public Sector and Utilities
• Logistics and Transportation
• Travel and Hospitality
• Others

3. Key Segments
The presence of legacy unified communication systems for telephony has m
ade easy for enterprises to move to cloud telephony without many budget in
vestments.
North America is estimated to dominate global UCaaS due to the presence of a l
arge number of UCaaS vendors and high adoption of BYOD and enterprise mob
ility trends across the region.
The key factors driving the growth of the UCaaS market include increasing dem
and for UCaaS from both large enterprises and SMEs and growing trends towar
d mobility and Bring Your Own Device (BYOD).
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3
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5 The study includes the in-depth competitive analysis of these key players in the UCaaS m
arket with their company profiles, recent developments, and key market strategies.
UCaaS market size is expected to grow from USD 15.8 billion in 2019 to USD 24.8 billio
n by 2024, at a CAGR of 9.5% during the forecast period.

4. Market Growth Rate
2019 2024
Market Size of
$15.8 billion
Market Size of
$24.8 billion9.5%
CAGR

5. Key Vendors
• RingCentral (US)
• 8x8 (US)
• LogMeIn (US)
• Mitel (US)
• Cisco (US)
• And More
Major Players
View Report Here - https://www.marketsandmarkets.com/Market-Reports/
unified-communication-as-a-service-ucaas-market-893.html

6. Major Regions
• North America
• Europe
• APAC
• MEA
• Latin America
 North America is expected to hold the
largest market share.
 Asia Pacific (APAC) is expected to prov
ide opportunities for debt collection soft
ware providers and grow at the highest
CAGR

7. • Where would all these developments take the industry in the mid to long term?
• What are the upcoming industry solutions for the Unified Communications as a Service
(UCaaS) market ?
• Which are the major factors expected to drive the market?
• Which industry vertical would gain the highest market share in the market?
• Which region would offer high growth for vendors in the PIM market?
Key questions addressed by the report:

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