DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Unified Communication as a Service (UCaaS) Market (2016-2022)" report to their offering.
The global UCaaS market size is would grow from USD 15.7 Billion in 2015 to USD 31.3 Billion by 2022, at a CAGR of 10.5% during the forecast period.
The major factors that are driving the market are low cost of ownership as compared to other communications tools, pay-per-use model, growing mobility trends and Bring Your Own Device (BYOD), single platform integration of all communicating services, rapidly growing demand by SMBs, and continuous service support options. Over the years, the demand for VoIP and IP telephony in BFSI, telecom & IT, logistic & transportation, and travel & hospitality industries have been witnessed, which are the major factors driving the growth of telephony in the UCaaS market.
The adoption of UCaaS technology would be largely witnessed in the consumer goods and retail verticals, as streamlining business processes would be quick, and also real-time services and faster transaction closures could be achieved seamlessly. Additionally, BFSI, logistic & transportation, and IT & telecom verticals would also derive benefit from the implementation of UCaas and would drive adoption during the forecast period.
- BT Group
- 8x8 Inc
- West Corporation
- Voss Solutions
- Polycom, Inc.
- Cisco Systems, Inc
- Microsoft Corporation
- Verizon Communications Inc.
Computer Science Corporation
Key Topics Covered:
1. Market Scope and Research Methodology
2. Market Overview
3. Global UCaaS Market - By Component
4. Global UCaaS Market - By Deployment
5. Global UCaaS Market - By Organization Size
6. Global UCaaS Market - By Vertical
7. Global UCaaS Market - By Region
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/rkfsjn/global_unified