Unified Communications Market Projected to Grow at a Steady Pace During 2022-2028

Stratview Research delivers key insights on the Unified Communications Market. According to Stratview Research, the market is segmented By Product (Hosted, On-premise), By Solution (Instant & Unified Messaging, Audio & Video Conferencing, IP Telephony, Others), By End-Use (Enterprises, Education, Government, Healthcare, Others) and Region
Market Insights
The report suggests that the overall Unified Communications Market was projected to grow from USD 91.9 billion in 2021 to USD 327.39 billion by 2028 at a CAGR of over 19.9% during the forecast period.
Market Segments' Analysis
Product Trends
The market has been classified into hosted and on-premise. Under these, the on-premise segment held a significant market share of more than 48% in 2021 owing to lower capital expenditure, total ownership costs, and operating expenses.
Regional Analysis
By region, the Europe market held the highest market share nearly 35.0% in 2021, and is projected to grow at a healthy CAGR in the coming years.
Key Players
The following are some of the key players in the unified communications market:
• Fortinet, Inc. (US)
• IBM Corporation (US)
• Intel Corporation (McAfee, Inc.) (US)
• Panda Security (Spain)
• Sophos, Ltd. (UK)
• Symantec Corporation (US)
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for unified communications market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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