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Unified Communications Market Trends and Demand by 2023 With Key Players - CSC, Verizon, Alcatel-Lucent Enterprise, Microsoft, Hewlett Packard Enterprise, Cisco, Avaya and IBM

01-21-2019 06:34 AM CET | Media & Telecommunications

Press release from: P&S Intelligence

Unified Communications Market Trends and Demand by 2023 With Key

The unified communications market is growing at a considerable rate, due to the condense front load capital, increasing enterprise mobility, and mobile workforce, increasing server message block (SMB) demand for unified communications as a service, pay per use criteria, and increased penetration of mobile devices, in the market. Untapped markets and communication on the move are some of the factors providing ample opportunities, to the unified communications market, in the coming years.

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The arrival of technologies, such as web real-time communication, session initiation protocol trunking, and voice over internet protocol has supported the growth of the unified communications market, to some extent. Some of the services provided by unified communications are implementation and integration, consulting, managed services, and training and support. Unified communications include solutions, such as conferencing, unified messaging, content and collaboration and voice solutions.

On the basis of deployment type, the unified communications market can be categorized, as hosted or cloud based, and on-premise unified communication. The unified communications market can also be categorized on the basis of components, as conferencing, telephony, collaboration platforms and unified messaging.

Some of the factors driving the growth of the unified communications market are continuous service support, and increase in bring your own device (BYOD) trend. Excessive cost of initial investing, security concerns, absence of interoperability among different vendor of the unified communication platforms, and lack of awareness among the consumers, are some of the factors, restraining the growth of the unified communications market.

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Some of the competitors in the unified communications market are Computer Sciences Corporation, Verizon Communications Inc., Alcatel-Lucent, Microsoft Corporation, Hewlett-Packard Development Company L.P., Cisco Systems Inc., International Business Machines Corporation, Avaya Inc., and Polycom Inc. The competitors in the unified communication market are focusing on creating the unified communication solutions that can fulfill the demand of the organizations of all sizes.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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