Global Hosted PBX Market is expected to reach US$ 11.8 Billion by 2025 | Sheer Analytics and Insights
Global Hosted PBX Market in terms of revenue is expected to reach US$ 11.8 Billion by the year 2025 at a CAGR of 15.8% (2018-2025)
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The Hosted PBX is a kind of telephonic exchange system which is managed, delivered and built by the third-party service provider. It offers the business organizations with a PBX phone system which minimizes the equipment cost. This technology enables cloud installation on one’s smartphone for remote access. It has been noted that the call control and the features of the service are provided to the telephone system of the users through the IP based networks or the internet. Also, the global market of the hosted PBX is getting augmented because of its growing requirement for the cloud along with unified communication. The hosted PBX system is also expected to bring flexibility in the business enterprises and thus boosting its market growth in the upcoming years.
With different end-user industries lined up to trade in the business of the hosted PBX system, the Global hosted PBX market is getting expanded. This expansion is because of the mounting adoption of the unified communication and cloud-based PBX by the end-user industries. The market is further highly influenced by the increasing demand for the need of video conferencing and therefore, the major industry players are seeking for purchasing an improved unified communication system that would help them in delivering the best business platforms to their users. Another significant factor that is boosting the market growth is the automatic web interfaces that are controllable and could be easily monitored by an individual. Currently, the advent of the WebRTC is anticipated to fuel the growth of the hosted PBX market during the forecast period.
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“The contact center industry is expected to experience explosive growth over the next few years, and we intend to be at the forefront of that explosive growth. With the launch of the Hosted Contact Center and PBX, we are giving our clients all the VOIP solutions they need to operate like a big business at an affordable price.” David Spore, President, and CEO of Alcor Consulting, Inc., said while announcing the launch of Contact Center, and VoipCor Hosted PBX, two advanced VOIP solutions by Alcor.
Among all the major global regions, the North American region holds the largest market share and size in the hosted PBX market during the projected period. The mounting adoption of the cloud-based PBX, unified communications and internet of things, and others are currently driving a critical need for a reliable and effective communication system in the region; thus, helping the region in getting the largest market share of the hosted PBX market.
In the recent market research reports published by Sheer Analytics & Insights, the Global hosted PBX market has been classified on the basis of its service type, organization size, and end-user industry. On the basis of its organization size, the market has been segmented as small & medium- size enterprises, and large organizations. The major service type of Global hosted PBX market consists of managed service, network Service, cloud & IT service, and others. Based on its end-user industry, the market is bifurcated into banking, media & entertainment, financial services, and insurance, government, telecom & IT, and others. The hosted PBX market is also further divided into geographical regions like North America, Middle East & Africa, Asia-Pacific, and Latin America.
The major industry players in the Global hosted PBX market includes companies like Alpha Telecom Services Inc., Cisco System Inc., AstraQom International, Allstream Inc., Bell Canada, Broadsoft Inc., Birch Communication, Broadconnect Telecom Inc., and Nurango Networks.
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Global Hosted PBX Market and its segmentation
Global Hosted PBX Market: By Organization Size
• Small & medium- size enterprises
• Large organizations
Global Hosted PBX Market: By Service Type
• Managed service
• Cloud & IT service
• Network service
• Others
Global Hosted PBX Market: By End- User
• Banking, financial services & insurance
• Media & entertainment
• Telecom & IT
• Government
• Others
Global Enterprise Software Market: By Geography
North America
• The U.S.
• Canada
• Mexico
• Europe
U.K.
• France
• Germany
• Italy
• Rest of Europe
Asia Pacific
• India
• China
• Japan
• Rest of Asia Pacific
The Middle East and Africa
• South Africa
• Rest of the Middle East and Africa
Latin America
• Brazil
• Rest of Latin America
Table of Content:
1 RESEARCH METHODOLOGY, ASSUMPTIONS AND ACRONYMS
2 EXECUTIVE SUMMARY
2.1 GLOBAL HOSTED PBX MARKET
3 GLOBAL HOSTED PBX MARKET-MARKET OVERVIEW
3.1 INTRODUCTION
3.1.1 GLOBAL HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET
3.1.2 GLOBAL HOSTED PBX MARKET SNAPSHOT
4 GLOBAL HOSTED PBX MARKET OVERVIEW- BY ORGANIZATION SIZE
4.1 INTRODUCTION
4.1.1 GLOBAL HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET- BY ORGANIZATION SIZE
4.1.1.1 SMALL & MEDIUM- SIZE ENTERPRISES
4.1.1.2 LARGE ORGANIZATIONS
5 GLOBAL HOSTED PBX MARKET ANALYSIS AND FORECAST, BY SERVICE TYPE
5.1 INTRODUCTION
5.1.1 GLOBAL HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET- BY SERVICE TYPE
5.1.1.1 MANAGED SERVICE
5.1.1.2 CLOUD & IT SERVICE
5.1.1.3 NETWORK SERVICE
5.1.1.4 OTHERS
6 GLOBAL HOSTED PBX MARKET ANALYSIS AND FORECAST, BY END- USER
6.1 INTRODUCTION
6.1.1 GLOBAL HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET- BY END- USER
6.1.1.1 BANKING, FINANCIAL SERVICES AND INSURANCE
6.1.1.2 MEDIA & ENTERTAINMENT
6.1.1.3 TELECOM & IT
6.1.1.4 GOVERNMENT
6.1.1.5 OTHERS
7 GLOBAL HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET, BY REGION
7.1 INTRODUCTION
7.2 KEY TAKEAWAYS
8 NORTH AMERICA HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET
8.1 MARKET DYNAMICS
8.1.1 DRIVERS
8.1.2 RESTRAINTS
8.1.3 OPPORTUNITIES
8.2 NORTH AMERICA HOSTED PBX MARKET ANALYSIS- BY ORGANIZATION SIZE
8.3 NORTH AMERICA HOSTED PBX MARKET ANALYSIS-BY SERVICE TYPE
8.4 NORTH AMERICA HOSTED PBX MARKET ANALYSIS- BY END- USER
8.5 U.S.
8.6 CANADA
8.7 MEXICO
9 EUROPE HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET
9.1 MARKET DYNAMICS
9.1.1 DRIVERS
9.1.2 RESTRAINTS
9.1.3 OPPORTUNITIES
9.2 EUROPE HOSTED PBX MARKET ANALYSIS- BY ORGANIZATION SIZE
9.3 EUROPE HOSTED PBX MARKET ANALYSIS- BY SERVICE TYPE
9.4 EUROPE HOSTED PBX MARKET ANALYSIS- BY END- USER
9.5 U.K.
9.6 FRANCE
9.7 GERMANY
9.8 ITALY
9.9 SPAIN
9.10 REST OF EUROPE
10 ASIA PACIFIC HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET
10.1 MARKET DYNAMICS
10.1.1 DRIVERS
10.1.2 RESTRAINTS
10.1.3 OPPORTUNITIES
10.2 ASIA PACIFIC HOSTED PBX MARKET ANALYSIS- BY ORGANIZATION SIZE
10.3 ASIA PACIFIC HOSTED PBX MARKET ANALYSIS- BY SERVICE TYPE
10.4 ASIA PACIFIC HOSTED PBX MARKET ANALYSIS- BY END- USER
10.5 INDIA
10.6 CHINA
10.7 JAPAN
10.8 REST OF ASIA PACIFIC
11 MIDDLE EAST AND AFRICA (MEA) HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET
11.1 MARKET DYNAMICS
11.1.1 DRIVERS
11.1.2 RESTRAINTS
11.1.3 OPPORTUNITIES
11.2 MEA HOSTED PBX MARKET ANALYSIS- BY ORGANIZATION SIZE
11.3 MEA HOSTED PBX MARKET ANALYSIS- BY SERVICE TYPE
11.4 MEA HOSTED PBX MARKET ANALYSIS- BY END- USER
11.5 SOUTH AFRICA
11.6 REST OF MIDDLE EAST AND AFRICA
12 LATIN AMERICA HOSTED PBX MARKET REVENUE FORECAST AND POTENTIAL ADDRESSABLE MARKET
12.1 MARKET DYNAMICS
12.1.1 DRIVERS
12.1.2 RESTRAINTS
12.1.3 OPPORTUNITIES
12.2 LATIN AMERICA HOSTED PBX MARKET ANALYSIS- BY ORGANIZATION SIZE
12.3 LATIN AMERICA HOSTED PBX MARKET ANALYSIS- BY SERVICE TYPE
12.4 LATIN AMERICA HOSTED PBX MARKET ANALYSIS- BY END- USER
12.5 BRAZIL
12.6 REST OF LATIN AMERICA
13 COMPETITIVE LANDSCAPE
13.1 GLOBAL HOSTED PBX MARKET-COMPANY MARKET SHARE ANALYSIS
14 COMPANY PROFILES: (REVENUE, PRODUCTS/BRAND OFFERINGS, COMPANY HIGHLIGHTS)
14.1 ALPHA TELECOM SERVICES INC.
14.2 ALLSTREAM INC.
14.3 AVAYA
14.4 ASTRAQOM INTERNATIONAL
14.5 BELL CANADA
14.6 BIRCH COMMUNICATIONS
14.7 BROADSOFT INC.
14.8 BROADCONNECT TELECOM INC.
14.9 BULLSEYE TELECOM
14.10 CENTURYLINK
14.11 COMCAST BUSINESS
14.12 CISCO SYSTEM INC.
14.13 DATAVO
14.14 NURANGO NETWORKS
14.15 NEXTIVA
Important Tables and Figures
LIST OF TABLES
TABLE 1 GLOBAL HOSTED PBX MARKET SIZE, 2017-2025 (USD MN)
TABLE 2 GLOBAL HOSTED PBX MARKET, BY ORGANIZATION SIZE
TABLE 3 GLOBAL HOSTED PBX MARKET, BY SERVICE TYPE
TABLE 4 GLOBAL HOSTED PBX MARKET, BY END- USER
TABLE 5 NORTH AMERICA HOSTED PBX MARKET SIZE, 2017-2025 (USD MN)
TABLE 6 NORTH AMERICA HOSTED PBX MARKET, BY ORGANIZATION SIZE
TABLE 7 NORTH AMERICA HOSTED PBX MARKET, BY SERVICE TYPE
TABLE 8 NORTH AMERICA HOSTED PBX MARKET, BY END- USER
TABLE 9 EUROPE HOSTED PBX MARKET SIZE, 2017-2025 (USD MN)
TABLE 10 EUROPE HOSTED PBX MARKET, BY ORGANIZATION SIZE
TABLE 11 EUROPE HOSTED PBX MARKET, BY SERVICE TYPE
TABLE 12 EUROPE HOSTED PBX MARKET, BY END-USER
TABLE 13 ASIA-PACIFIC HOSTED PBX MARKET SIZE, 2017-2025 (USD MN)
TABLE 14 ASIA-PACIFIC HOSTED PBX MARKET, BY ORGANIZATION SIZE
TABLE 15 ASIA-PACIFIC HOSTED PBX MARKET, BY SERVICE TYPE
TABLE 16 ASIA-PACIFIC HOSTED PBX MARKET, BY END- USER
TABLE 17 MIDDLE EAST AND AFRICA HOSTED PBX MARKET SIZE, 2017-2025(USD MN)
TABLE 18 MIDDLE EAST AND AFRICA HOSTED PBX MARKET, BY ORGANIZATION SIZE
TABLE 19 MIDDLE EAST AND AFRICA HOSTED PBX MARKET, BY SERVICE TYPE
TABLE 20 MIDDLE EAST AND AFRICA HOSTED PBX MARKET, BY END- USER
TABLE 21 LATIN AMERICA BLUE BIOSERVICE TYPE MARKET SIZE, 2017-2025 (USD MN)
TABLE 22 LATIN AMERICA HOSTED PBX MARKET, BY ORGANIZATION SIZE
TABLE 23 LATIN AMERICA HOSTED PBX MARKET, BY SERVICE TYPE
TABLE 24 LATIN AMERICA HOSTED PBX MARKET, BY END- USER
LIST OF FIGURES
FIGURE 1 MARKET SEGMENT
FIGURE 2 MARKET INTEGRATED ECOSYSTEM
FIGURE 3 TOP-DOWN APPROACH
FIGURE 4 BOTTOM-UP APPROACH
FIGURE 5 NORTH AMERICA HOSTED PBX MARKET SNAPSHOT
FIGURE 6 EUROPE HOSTED PBX MARKET SNAPSHOT
FIGURE 7 ASIA-PACIFIC HOSTED PBX MARKET SNAPSHOT
FIGURE 8 MIDDLE EAST AND AFRICA HOSTED PBX MARKET SNAPSHOT
FIGURE 9 LATIN AMERICA HOSTED PBX MARKET SNAPSHOT
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