Unified Communications as a Service Report: Trends, Forecast and Competitive Analysis to 2030

Unified Communications as a Service Trends and Forecast

The future of the global unified communications as a service market looks promising with opportunities in the automotive, education, healthcare, BFSI, hospitality, real estate, legal, and IT & telecom markets. The global unified communications as a service market is expected to reach an estimated $116.4 billion by 2030 with a CAGR of 24.3% from 2024 to 2030. The major drivers for this market are rising demand for 5G high speed network, increasing adoption of remote work and collaborative solutions, and surging prevalence of mobile devices across the globe.

A more than 150-page report is developed to help in your business decisions.

Unified Communications as a Service by Segment

The study includes a forecast for the global unified communications as a service by deployment type, end use, and region

Unified Communications as a Service Market by Deployment Type [Shipment Analysis by Value from 2018 to 2030]:

• Public Cloud
• Private Cloud

Unified Communications as a Service Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Education
• Healthcare
• BFSI
• Hospitality
• Real Estate
• Legal
• IT & Telecom
• Others

Unified Communications as a Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Unified Communications as a Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies unified communications as a service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the unified communications as a service companies profiled in this report include-

• 8X8
• Ale International
• Amazon
• Avaya
• Centurylink
• Cisco Systems
• Fuze
• Ibm
• Mitel Networks
• Nec
• Ringcentral

Unified Communications as a Service Market Insights

Lucintel forecasts that public cloud will remain the larger segment over the forecast period due to growing embrace of cloud computing by companies of various scales.

Within this market, heakthcare will remain the largest segment due to introduction of various technologies like video conferencing and coud-based telephony has enabled easy access of critical healthcare data in real time.

North America will remain the largest region over the forecast period due to increasing penetration of BYOD deviced and presence of major players in this region.

Features of the Global Unified Communications as a Service Market

Market Size Estimates: Unified communications as a service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Unified communications as a service market size by deployment type, end use, and region in terms of value ($B).

Regional Analysis: Unified communications as a service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different deployment types, end uses, and regions for the unified communications as a service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the unified communications as a service market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the unified communications as a service market size?

Answer: The global unified communications as a service market is expected to reach an estimated $116.4 billion by 2030.

Q.2 What is the growth forecast for unified communications as a service market?

Answer: The global unified communications as a service market is expected to grow with a CAGR of 24.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the unified communications as a service market?

Answer: The major drivers for this market are rising demand for 5G high speed network, increasing adoption of remote work and collaborative solutions, and surging prevalence of mobile devices across the globe.

Q4. What are the major segments for unified communications as a service market?

Answer: The future of the unified communications as a service market looks promising with opportunities in the automotive, education, healthcare, BFSI, hospitality, real estate, legal, and IT & telecom markets.

Q5. Who are the key unified communications as a service market companies?

Answer: Some of the key unified communications as a service companies are as follows.

• 8x8
• ALE International
• Amazon
• Avaya
• CenturyLink
• Cisco Systems
• Fuze
• IBM
• Mitel Networks
• NEC

Q6. Which unified communications as a service market segment will be the largest in future?

Answer: Lucintel forecasts that public cloud will remain the larger segment over the forecast period due to growing embrace of cloud computing by companies of various scales.

Q7. In unified communications as a service market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing penetration of BYOD deviced and presence of major players in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the unified communications as a service market by deployment type (public cloud and private cloud), end use (automotive, education, healthcare, BFSI, hospitality, real estate, legal, IT & telecom, and others) , and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?