Technology Unified Communication Market Insights, 2012-2020 | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future 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. Hexa Research identifies North America as a key regional market of the global unified communications industry as it contributed to more than 34% of the total market share in 2013. This region hosts a number of leading operators. Also, BYOD is a popular work feature here. Considerable savings in costs and rising demand for effective communication and collaboration products are factors that will result in rapid growth of Europe and Asia Pacific in the coming years. Leading players in the global unified communications market include Avaya, Inc., IBM, Cisco Systems, Verizon Communications, Alcatel Lucent, NEC, etc. Hexa Research found that Cisco enjoyed a dominant market position with solutions that ensure consistenc y across various devices. The unified communications industry is characterized by consolidation by way of alliances and acquisitions. Browse Related Category Market Reports @ https://www.hexaresearch.com/researchcategory/technology-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across t he globe. We offer comprehensive business intelligence in the form of industry reports which help our Contact: +1-800-489-3075 Email : [email protected] Website: http://www.hexaresearch.com/