Market Analysis Report Unified Communication Market

Your Catalyst to a Lucrative Business
Unified Communication Market Share, Application,Growth,
Market Leader, Research and Forecasts to 2020 | Hexa Research
“ Global Unified Communication Market To Experience Significant Growth”
22 November 2018
A recent study by Hexa Research reveals that increasing enterprise and workforce mobility will be
important factors leading global unified communications market to attain revenues of more than $75.50
billion by 2020. Rising penetration of smartphones will also augment demand for unified communication
products. Many organizations, large and small, across the globe are encouraging practices such as Bring
Your Own Device (BYOD), necessitating reliable unified communication solutions. However, huge capital
investments and challenges linked to seamless operation across varied platforms are possible inhibitors for
the growth of unified communications industry.
Hexa Research divides all unified communications products into on premise and cloud-based or
hosted. While on premise segment was responsible for more than 59% of the total demand in 2013, on
premise or hosted products are likely to grow rapidly by 2020. On premise products are riddled with
disadvantages like high set up and maintenance costs. Government, healthcare and education
applications hold potential for growth of global unified communications industry. However, enterprise
applications not only assumed leadership position in 2013 but are also expected to continue market
dominance in the near future. Enterprises of all sizes are engaged in employment of infrastructure that
will be able to support unified communication services.
Browse Details of Report @ https://www.hexaresearch.com/research-report/unified-communication-industry
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