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Market Overview
The global mobile unified communiaction and Collaboration Market was valued at USD 25.42 billion in 2017 and is expected to reach USD 47 billion by the end of the forecast period with a CAGR of 11.3%.
The major advantages of unified communciation and collaboration solurtion included higher flexibility, and business agility. Moreover, the increasing trend of bring your own device (BYOD) is helping the market to grow. The unified collaboration allows the enterprises to make faster decisions and cut down the expenditure. Further, it provides enterprises with improved work productivity, enahced work flexibility, and improved collaboration among different departments.
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Key Players
The key players in the unified communiaction and Collaboration Market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are—Microsoft Corporation (US), Cisco Systems Inc (US), IBM Corporation (US), Alcatel-Lucent (France), Avaya Inc (US), Siemens AG (Germany), NEC Corporation (Japan), Genband LLC (US), Telefonaktiebolaget LM Ericsson Class B (Sweden), Mitel Networks Corporation (Canada).
Segmental Outline
The global mobile unified communication and collaboration market is segmented into solution,
By organization size, the global mobile unified communication and collaboration is segmented into small and medium-sized enterprises (SMEs), and large enterprises.
The vertical-based segments of the Mobile Unified Communication and Collaboration Market are IT & telecommunication, healthcare, BFSI, retail, media and entertainment, and others.
Regional Outlook
North America mobile unified communication and collaboration market is expected to dominate during the forecast period owing to various opportunities for increasing number of mobile operators’ connections. The US dominated the market owing to increasing cloud-based services and high demand for high-speed networks in enterprises. However, the market in Asia Pacific is expected to grow at faster rate during forecast period owing to increased adoption of enterprise level digital business operations.
On the other hand, Asia-Pacific region is expected to grow with a highest CAGR during the forecast period. The factors contributing to the growth of unified communication and collaboration market are the growing enterprise base in India, China, and South Korea. Moreover, the boom in information technology and digitization is helping the countries to stabilize their economies. This growth is expected to increase, by end of forecast period, owing to high acceptance of cloud-based services and development in IT infrastructure.
LIST OF TABLES
Table 1 Global Mobile Unified Communication And Collaboration Market, By Solution, 2019–2023 (USD Million)
Table 2 Global Mobile Unified Communication And Collaboration Market, By Organization Size, 2019–2023 (USD Million)
Table 3 Global Mobile Unified Communication And Collaboration Market, By Service, 2019–2023 (USD Million)
Table 4 Global Mobile Unified Communication And Collaboration Market, By Vertical, 2019–2023 (USD Million)
Table 5 Global Mobile Unified Communication And Collaboration Market, By Region, 2019–2023 (USD Million)
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LIST OF FIGURES
FIGURE 1 Global Mobile Unified Communication And Collaboration Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Mobile Unified Communication And Collaboration Market
FIGURE 4 Value Chain Of Global Mobile Unified Communication And Collaboration Market
FIGURE 5 Share Of Global Mobile Unified Communication And Collaboration Market In 2019, By Country (In %)
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