Global Unified Communications and Collaboration Industry

NEW YORK, April 22, 2020 /PRNewswire/ --

Unified Communications and Collaboration market worldwide is projected to grow by US$20.8 Billion, driven by a compounded growth of 7.6%. Telephony, one of the segments analyzed and sized in this study, displays the potential to grow at over 7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$16.7 Billion by the year 2025, Telephony will bring in healthy gains adding significant momentum to global growth.



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- Representing the developed world, the United States will maintain a 6.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$720.5 Million to the region's size and clout in the next 5 to 6 years. Over US$632.7 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Telephony will reach a market size of US$714.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 11.1% over the next couple of years and add approximately US$5.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,

• 8x8 Inc.
• Alcatel-Lucent Enterprise
• Avaya Inc.
• Broadsoft, Inc.
• Cisco Systems Inc.
• FuzeBox Inc.
• Genesys
• IBM Corporation
• Microsoft Corporation
• Mitel Networks Corporation
• NEC Corporation of America
• PanTerra Networks Inc.
• Polycom
• Premiere Global Services Inc.
• RingCentral Inc.
• Unify Inc.
• West Corporation

Read the full report: https://www.reportlinker.com/p03769705/?utm_source=PRN

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Availability of Diverse Communication & Collaboration Channels
Heightens the Need for Unification
Recent Market Activity
From a Niche Solution to a Multi-Billion Dollar Opportunity,
UCC Evolves into a Market Force to Reckon With
Market Outlook
Global Competitor Market Shares
Unified Communications and Collaboration Competitor Market
Share Scenario Worldwide (in %): 2020 & 2029


2. FOCUS ON SELECT PLAYERS

8x8, Inc. (USA)
Alcatel-Lucent Enterprise (France)
Applied Voice & Speech Technologies, Inc. (USA)
Avaya, Inc. (USA)
Blue Jeans Network (USA)
Broadsoft, Inc. (USA)
Cisco Systems, Inc. (USA)
FuzeBox, Inc. (USA)
Genesys (USA)
International Business Machines Corporation (IBM) (USA)
Microsoft Corporation (USA)
Mitel Networks Corporation (Canada)
NEC Corporation of America (USA)
PanTerra Networks, Inc. (USA)
Polycom (USA)
Premiere Global Services, Inc. (PGi) (USA)
RingCentral, Inc. (USA)
Unify (Germany)
West Corporation (USA)


3. MARKET TRENDS & DRIVERS

Trends Impacting UCC Market
Increased Usage of Cloud
Customized UC Apps Gain Prominence
Video Content - An Integral Part of Digital Transformation
UC Vendors Add Team Chat Applications
Immersive Group Collaboration Platforms
Growing Focus on Green IT Initiatives Propels Growth of UCC
Virtualized Unified Communications Grows in Popularity as a Key
Efficiency Enhancing Strategy
Growing Demand for Conferencing & Collaborative Capabilities to
Boost Adoption of UCC among Organizations
Integration of WebRTC into UCC Solutions to Invigorate Market
Growth
The Explosion of Enterprise Mobility Drives the Emergence of
Mobile UCC
Disruptive Emergence of Social Business Drives the Integration
of Social Media with UCC
Consolidation of Large Enterprises
Gradually Phasing Out Vendor Support for PBX Accelerates the
Migration to Pure IP Based UC Platforms
Despite Growing Competition from Hosted & Hybrid Models, On-
Premise Solutions Continue to Lead Revenue Share
Cloud Based Unified Communication & Collaboration Services Gain
Prominence
Rising Preference for Hosted IP Telephony Services Over
Premise-based Infrastructure - A Case in Point
Hybrid Model to Gain Robust Adoption in Coming Years
Mushrooming SMBs Spur Adoption of UCC
Developing Markets to Witness Strong Growth
Innovations in the UC Market
Tracing UCC Adoption Patterns in Key End-Use Industries
Banking, Finance & Insurance (BFSI)
Healthcare Industry
Retail Industry
Key Challenges to Growth
Security Issue
Cost of Ownership Still a Concern
Low Demand for PBX based Systems
Complex Integration & Demand for Skilled Resources
High-Bandwidth Requirements & Network Issues
Interoperability Issue Burns Bright


4. GLOBAL MARKET PERSPECTIVE

Table 1: Unified Communications and Collaboration Global Market
Estimates and Forecasts in US$ Million by Region/Country:
2018-2025
Table 2: Unified Communications and Collaboration Market Share
Shift across Key Geographies Worldwide: 2019 VS 2025
Table 3: Telephony (Platform) World Market by Region/Country in
US$ Million: 2018 to 2025
Table 4: Telephony (Platform) Market Share Breakdown of
Worldwide Sales by Region/Country: 2019 VS 2025
Table 5: Collaboration (Platform) Potential Growth Markets
Worldwide in US$ Million: 2018 to 2025
Table 6: Collaboration (Platform) Market Sales Breakdown by
Region/Country in Percentage: 2019 VS 2025
Table 7: Unified Messaging (Platform) Geographic Market Spread
Worldwide in US$ Million: 2018 to 2025
Table 8: Unified Messaging (Platform) Market Share Distribution
in Percentage by Region/Country: 2019 VS 2025
Table 9: Conferencing (Platform) World Market Estimates and
Forecasts by Region/Country in US$ Million: 2018 to 2025
Table 10: Conferencing (Platform) Market Share Breakdown by
Region/Country: 2019 VS 2025
Table 11: Services & Tools (Platform) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 12: Services & Tools (Platform) Market Share Distribution
in Percentage by Region/Country: 2019 VS 2025
Table 13: On-Premise (Deployment) World Market Estimates and
Forecasts in US$ Million by Region/Country: 2018 to 2025
Table 14: On-Premise (Deployment) Market Percentage Share
Distribution by Region/Country: 2019 VS 2025
Table 15: Cloud (Deployment) Market Opportunity Analysis
Worldwide in US$ Million by Region/Country: 2018 to 2025
Table 16: Cloud (Deployment) Market Share Distribution in
Percentage by Region/Country: 2019 VS 2025
Table 17: Hybrid (Deployment) World Market by Region/Country in
US$ Million: 2018 to 2025
Table 18: Hybrid (Deployment) Market Share Breakdown of
Worldwide Sales by Region/Country: 2019 VS 2025
Table 19: IT & Telecom (Application) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2018-2025
Table 20: IT & Telecom (Application) Market Share Breakdown by
Region/Country: 2019 VS 2025
Table 21: BFSI (Application) Demand Potential Worldwide in US$
Million by Region/Country: 2018-2025
Table 22: BFSI (Application) Share Breakdown Review by
Region/Country: 2019 VS 2025
Table 23: Public Sector (Application) Worldwide Latent Demand
Forecasts in US$ Million by Region/Country: 2018-2025
Table 24: Public Sector (Application) Distribution of Global
Sales by Region/Country: 2019 VS 2025
Table 25: Retail (Application) Sales Estimates and Forecasts in
US$ Million by Region/Country for the Years 2018 through 2025
Table 26: Retail (Application) Global Market Share Distribution
by Region/Country for 2019 and 2025
Table 27: Healthcare (Application) Global Opportunity
Assessment in US$ Million by Region/Country: 2018-2025
Table 28: Healthcare (Application) Percentage Share Breakdown
of Global Sales by Region/Country: 2019 VS 2025
Table 29: Education (Application) Worldwide Sales in US$
Million by Region/Country: 2018-2025
Table 30: Education (Application) Market Share Shift across Key
Geographies: 2019 VS 2025
Table 31: Other Applications (Application) Global Market
Estimates & Forecasts in US$ Million by Region/Country:
2018-2025
Table 32: Other Applications (Application) Market Share
Breakdown by Region/Country: 2019 VS 2025


III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Unified Communications and Collaboration Market Share (in %)
by Company: 2020 & 2025
Market Analytics
Table 33: Unified Communications and Collaboration Market in
US$ Million in the United States by Platform: 2018-2025
Table 34: United States Unified Communications and
Collaboration Market Share Breakdown by Platform: 2019 VS 2025
Table 35: Unified Communications and Collaboration Market in
US$ Million in the United States by Deployment: 2018-2025
Table 36: United States Unified Communications and
Collaboration Market Share Breakdown by Deployment: 2019 VS
2025
Table 37: United States Unified Communications and
Collaboration Latent Demand Forecasts in US$ Million by
Application: 2018 to 2025
Table 38: Unified Communications and Collaboration Market Share
Breakdown in the United States by Application: 2019 VS 2025
CANADA
Table 39: Unified Communications and Collaboration Market
Analysis in Canada in US$ Million by Platform: 2018-2025
Table 40: Canadian Unified Communications and Collaboration
Market Share Breakdown by Platform: 2019 VS 2025
Table 41: Unified Communications and Collaboration Market
Analysis in Canada in US$ Million by Deployment: 2018-2025
Table 42: Canadian Unified Communications and Collaboration
Market Share Breakdown by Deployment: 2019 VS 2025
Table 43: Canadian Unified Communications and Collaboration
Market Quantitative Demand Analysis in US$ Million by
Application: 2018 to 2025
Table 44: Canadian Unified Communications and Collaboration
Market Share Analysis by Application: 2019 VS 2025
JAPAN
Table 45: Japanese Medium & Long-Term Outlook for Unified
Communications and Collaboration Market in US$ Million by
Platform: 2018-2025
Table 46: Japanese Unified Communications and Collaboration
Market Percentage Share Distribution by Platform: 2019 VS 2025
Table 47: Japanese Medium & Long-Term Outlook for Unified
Communications and Collaboration Market in US$ Million by
Deployment: 2018-2025
Table 48: Japanese Unified Communications and Collaboration
Market Percentage Share Distribution by Deployment: 2019 VS
2025
Table 49: Japanese Demand Estimates and Forecasts for Unified
Communications and Collaboration in US$ Million by pplication:

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