Unified Communications Market Pegged for Robust Expansion by 2028

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The 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.

Stratview Research delivers key insights on the global 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 [Brazil, Argentina, and Others]).

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 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:

  • Panda Security (Spain)
  • Sophos, Ltd. (UK)
  • Symantec Corporation (US)
  • Trend Micro, Inc. (Japan)
  • CloudPassage Inc. (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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  • Attractive market segments and associated growth opportunities.
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Stratview Research is a leading global market research firm providing expert research solutions, trusted by clients worldwide. To keep our clients ahead of the curve, we provide data backed by extensive market research and in-depth industry knowledge. The broad spectrum of integrated insights is referred to, and cited by press releases, interview with key players, white papers, journals, etc. Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our team.

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