openPR Logo
Press release

Hosted Private Branch Exchange Market Growth Opportunities and Top Key Players: AT&T, Cisco Systems, BT Group, 3CX, Telesystem, TPX Communications, Digium, Oneconnect, Comcast Business, Mitel Networks, Avaya, 8x8

10-16-2018 02:30 PM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights

Global Market Insights

Hosted PBX Market has been used for a wide array of services such as network traffic management services, virtual support, and assistance services, configuration and change management services, virtual deployments & setups, online charging services, protocol management services and emergency call routing services. The virtual deployment and setup services hold the largest market share as it assists the enterprises in deploying and setting up the entire hosted PBX and IP systems for efficient functioning at reduced operating cost.

The protocol management services are projected to grow at the fastest rate over the forecast timespan as they provide the necessary parameters required for securely managing the protocols and establishing communication between IP phones and traditional phones with the highest voice quality. The service also reduces latency and delays thereby managing the information along with quality maintenance.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2883

Hosted PBX Market is set to see healthy CAGR to 2024 led by increase in the adoption of cloud and Unified Communication (UC), increasing requirements for enterprise mobility, and reduced Total Cost of Ownership (TCO). A hosted PBX is a cloud-based system accessible through an IP network. It allows organizations to use enhanced quality telephone systems without any additional investment costs. The entire telephone platform is managed by the service provider and for enabling the calling service, the subscriber connects through an IP to the provider. These systems provide businesses with an enhanced ability to manage their phone systems through a user-friendly control panel and are hence are becoming increasingly popular amongst SMEs.

The hosted PBX systems deliver cost-efficiency, eliminating additional set-up and maintenance costs, reducing complexity, and enhancing flexibility & scalability, accelerating their adoption in the market. Organizations with a higher employee size, mainly the large enterprises require huge communication networks with robust communication tools set up to operate efficiently. Hence, the demand for hosted PBX systems has increased owing to an ease of setting up the new equipment for business communications.

The hosted PBX market systems are adopted in various application verticals including BFSI, IT & telecom, healthcare, manufacturing, government & public sectors, educational, and professional services. The healthcare industry is the major end-user of the hosted PBX systems as it delivers enhanced communication capabilities required for proper patient care. It provides features such as real-time communication, and instant messaging, allowing doctors to constantly stay connected with their patients at any time of the day, thus driving their market demand.

Request for customization of this report @ https://www.gminsights.com/roc/2883

North America dominates the hosted PBX market as the region is the largest purchaser of hosted PBX. These systems deliver efficient functioning capabilities such as enhanced web connectivity and efficient use of the office space and budgets expanding the adoption rate. Furthermore, a rise in the adoption of cloud services, IoT, and UC in the U.S. and the growth of the telecommunication sector also drives the hosted PBX market demand.

APAC is anticipated to grow at a high rate in the hosted PBX market as the region is witnessing a rapid transformation of its IT infrastructure with rapid digitalization. The trend of enterprise mobility in this region is also a major contributor to the market growth. APAC holds around 60% of the market share for enterprise mobility followed by the UK and the U.S, making it important for the region to upgrade its traditional systems to the hosted PBX system.

The hosted PBX market is fragmented with the existence of a substantial number of players. Some of the major players present in the market are AT&T, Cisco Systems, BT Group, 3CX, Telesystem, TPX Communications, Digium, Oneconnect, Comcast Business, Mitel Networks, Avaya, and 8x8. These players are investing considerably in R&D activities and entering into strategic business partnerships to expand their presence in the competitive market.

Browse Full Reports: https://bit.ly/2x8a7KC

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hosted Private Branch Exchange Market Growth Opportunities and Top Key Players: AT&T, Cisco Systems, BT Group, 3CX, Telesystem, TPX Communications, Digium, Oneconnect, Comcast Business, Mitel Networks, Avaya, 8x8 here

News-ID: 1307193 • Views: 316

More Releases from Global Market Insights, Inc.

Linear alpha olefins market size, share, trends, 2024, Key players are INEOS Oli …
The linear alpha olefins market report is a deep-dive collection of important deliverables. An inherent sub-vertical of the global chemical’s domain, the linear alpha olefins market has carved out quite a remunerative growth path in the recent years. The report enlists substantial details about this market with respect to its overall foothold in the chemical industry and how the product would find applications across major end-user sectors. Get sample copy of
N-hexyl alcohol market to hit USD 1.6 billion by 2024, key players are Sasol, Na …
Estimates claim that N-hexyl alcohol market valuation from food & beverage applications was worth USD 325 million in the year 2016 and is expected to register continuous growth during the estimated timeframe. Rising adoption of N-hexyl alcohol compounds as a flavoring agent for alcoholic beverages, fruits, and vegetables has bolstered product demand. Additionally, N-hexyl alcohol is utilized to develop additives for lubricants which are further used in food grain machine
Waterborne Coating Market: Global Industry Analysis, Growth, Trends and Forecast …
Global waterborne coating market is expected to expand at a considerable pace owing to high awareness of consumers towards the adoption of eco-friendly coatings. The product is considered a better choice for the environment and contains a less amount of solvent. Low toxicity due to less HAP emissions and VOC levels, alongside high water-content that helps in reducing air emissions, will augment the product demand over the forecast spell. Waterborne
Trend in automotive application to Asia Pacific expanded polyethylene foam marke …
Of late, expanded polyethylene foam has become a trendy petrochemical product in applications, ranging from automotive, construction, packaging, protective covers and sports goods. Eliminating cost of making expensive molds and offering tremendous cushion against vibrations, shocks and abrasion are some of the upsides that have encouraged emerging economies such as India, China, Vietnam and Malaysia to infuse funds in EPE for packaging goods, boost high thermal resistance and weight

All 5 Releases


More Releases for PBX

Global IP PBX and Cloud PBX Market 2020 Industry Status
This report also researches and evaluates the impact of Covid-19 outbreak on the IP PBX and Cloud PBX industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on IP PBX and Cloud PBX and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). GLOBAL INFO RESEARCH indicates that the global IP PBX and Cloud PBX market is expected to surge at a steady rate in the
Global PBX Phone System Market Insights, Forecast
The PBX Phone System market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for PBX Phone System Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=49410 Table of Contents: Table of Contents 1 Study Coverage
2019-2023 Call Control (PBX-IP PBX) Market Segment by Companies - Cisco, NEC, Av …
Marketandresearch.biz has introduced a market study namely, Global Call Control (PBX-IP PBX) Market 2019, delivering complete data on the Call Control (PBX-IP PBX) market including components, for example, main players, size, SWOT analysis, business situation, and best patterns in the market. The report offers a close watch on leading competitors with strategic analysis, technological advancement, market scenarios and trend, and a comprehensive overview of the market situations in the forecast
Global PBX Phone System Sales Market By Product Type | Traditional PBX/Analogue …
Researchmoz added Most up-to-date research on "Global PBX Phone System Sales Market By Product Type | Traditional PBX/Analogue PBX, Hosted PBX and VoIP/IP PBX" to its huge collection of research reports. In this report, the global PBX Phone System market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically,
ECT Launches New Portal on Virtual PBX
Dedicated website to promote cloud-based PBX and centrex products Munich July 26 2012: ECT (European Computer Telecoms AG), vendor of complete solutions for value-added services in the voice and multimedia domain, announces the launch of their new website http://www.ect-virtualpbx.com for carriers and service providers that want to offer PBX functionalities hosted in their mobile network. Buying a solution from ECT enables operators to offer true fixed-mobile convergence and to compete with
Call Accounting for Mitel PBX Systems
Mitel PBX Systems are installed in thousands of hotels and motels across the nation. In fact, TEL electronics, inc. (TEL), the leading manufacturer of call accounting systems for hotels, reports that over 83% of its call accounting systems are currently interfaced to a Mitel phone system. With more than 50,000 installations since 1980, TEL clearly understands the hotel industry and recognizes Mitel as one of the leading manufacturers