Hosted PBX Market Growth Analysis & Forecast Report | 2020-2027

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Hosted PBX Market Global Trends, Opportunities
And Industry Forecast To 2027
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Industry Insights

• Based on the component bifurcation, security
  service segment across hosted PBX market is
  projected to witness an appreciable CAGR of 9
  through 2027 considering the increased
  application of hosted PBX across several industry
  verticals primarily due to the integration and
  scalable advantages associated with these
  systems. As these systems are based on internet,
  they raise security concerns for enterprises
  which instigates the adoption of security
  services for protecting hosted PBX systems
• In terms of organization, large enterprises are
  showing burgeoning demand for hosted PBX
  solutions. In wake of the current COVID-19
  pandemic situation, various enterprises are
  deploying effective communication systems to
  establish effective collaboration with company
  workforce. As a result, these enterprises are
  adopting hosted PBX systems in order to enhance
  remote communications such as email delivery,
  video conferencing, voicemail, etc.

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• As several companies across the globe are
  transitioning from traditional communication
  systems to cloud-based phone systems, they are
  increasingly deploying hosted Private Branch
  Exchange (PBX) systems. This is likely to augment
  the business space of hosted PBX market in coming
  years
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• Additionally, key industry players operating in
  Hosted PBX market such as 8x8, Inc., Avaya
  Holdings Inc., ATT Inc., Cisco Systems Inc.,
  CenturyLink, etc. are focusing on developing
  advanced hosted PBX solutions that will open new
  growth avenues for the industry. For instance, in
  2020, Yeastar, the renowned provider of SME PBX
  systems, announced the launch of new P-Series PBX
  system. According to the company, this solution
  combines the presence, collaboration tools,
  mobility and voice as an all-in-one product
  offering

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Browse complete Table of Contents (ToC) of this
research report _at_ https//www.gminsights.com/toc/
detail/hosted-private-branch-exchange-pbx-market
Chapter 6 Hosted PBX Market, By Organization
Size 6.1 Key trends, by organization
size 6.2 Large enterprises 6.2.1 Market
estimates and forecast, 2016 2027 6.3
SMEs 6.3.1 Market estimates and forecast,
2016 2027
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Chapter 7 Hosted PBX Market, By Industry
Vertical 7.1 Key trends, by industry
vertical 7.2 BFSI 7.2.1 Market estimates
and forecast, 2016 2027 7.3
Healthcare 7.3.1 Market estimates and
forecast, 2016 2027 7.4 Government 7.4.1
Market estimates and forecast, 2016 2027 7.5
Retail 7.5.1 Market estimates and forecast,
2016 2027 7.6 Manufacturing

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Region

• Regionally, hosted PBX market across Europe is
  expected to grow significantly over the ensuing
  years owing to increasing inclination towards
  digitization among large number of public and
  private enterprises along with expanding wireless
  communication infrastructure in the region.
  According to the report, Europe hosted PBX market
  is estimated to secure a market share of more
  than 20 by 2027.

7
Key Players

• NexGen Technology Group
• NovoLink CommunicationsInc.
• OneConnect Services Inc.
• Ozonetel
• PlantronicsInc.
• RingCentral
• TPx Communications Inc.

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