The Demand for Unified Communications Technologies Is Strong in Developed Regions

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Opportunity Analysis and Industry Forecast,
2016-2023
Unified Communication Market
Global Opportunity Analysis and Industry
Forecast, 2016-2023
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• Global Opportunity Analysis and Industry
  Forecast, 2016-2023, the global unified
  communication market was valued at 32,879
  million in 2016, and is projected to reach at
  74,244 million by 2023, growing at a CAGR of
  12.60 from 2017 to 2023.
• BFSI and energy and utilities segments possess
  the maximum growth potential, and are expected to
  create lucrative opportunities for industry
  players.
• At present, unified communications witness an
  increased adoption in the developed and the
  developing regions, owing to technological
  innovations in product offerings, rise in need to
  improve interoperability operational
  efficiency, surge in demand for cloud solutions,
  and increase in application areas among end
  users.
• Furthermore, factors such as growth associated
  with IoT, increase in need for mobility, BYOD
  trend, and proliferation of smart devices are
  expected to provide numerous growth
  opportunities. However, unified communication
  implementation issue is expected to restrict the
  growth of the market during the forecast period.

INTRODUCTION


Unified
Communication Market
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• At present, unified communications witness an
  increased adoption in the developed and the
  developing regions, owing to technological
  innovations in product offerings, rise in need to
  improve interoperability operational
  efficiency, surge in demand for cloud solutions,
  and increase in application areas among end
  users.
• Furthermore, factors such as growth associated
  with IoT, increase in need for mobility, BYOD
  trend, and proliferation of smart devices are
  expected to provide numerous growth
  opportunities.

Overview


Unified Communication Market
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North America was the highest
revenue contributor in 2016, accounting for
around 42 share. Asia-Pacific is projected to
grow at the highest CAGR of 16.10 during the
forecast period.
Geography

Unified
Communication Market
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Applications

Unified
Communication Market
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By Industry Vertical Energy and Utilities
IT and Telecom Retail Healthcare
Manufacturing BFSI Public Sector
Aerospace and Defense
Industry Vertical


Unified Communication Market
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