rising demand for web conferencing, emails, live conferences pertaining to the education
sector is estimated to boost the UC market growth in this sector.
Europe unified communications market size, by application, 2012 – 2023 (USD Billion)
Proliferation of information technology has resulted in adoption of unified communication
technology worldwide. The Asia Pacific UC market is expected to register a CAGR of 15%
over the period of 2016-2023, with revenue estimated to increase by 29% by 2023.
Increasing demand for collaboration as well as cost cutting measures are factors contributing
towards the regional growth. North America market having had a share of USD 12 billion in
2015, is expected to grow significantly over the coming years owing to presence of key
industry players in this region.
The industry will witness huge competition soon due to the booming demand for UC as the
communication means amongst the organizations. Some of the key market players are
Cisco Systems, Avaya Inc, Microsoft Corporation, Alcatel-Lucent, NEC Corporation,
ShoreTel, IBM Corporation, and Siemens. Market players are focusing on improving their
solutions in terms of efficiency, reliability, security, ease of integration, scalability, and
affordability. SMB’s are also contributing noticeably towards the UC market revenue owing to
the growing awareness about the benefits of this technology. The coming years will witness
strategic collaborations, mergers & acquisitions, and partnerships among he industry
participants to sustain heavy competition in the market.
Browse key industry insights spread across 82 pages with 22 market data tables & 31
figures & charts from the report, “Unified Communications (UC) Market Size By
Application (Education, Enterprise, Healthcare, Government), By Product
(Hosted/Unified Communications as a Service (UCaaS), On-Premise), Industry
Analysis Report, Regional Outlook, Application Potential, Competitive Market Share &
Forecast, 2016 - 2023” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/identity-and-access-management-market
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