Press release
Global Hosted PBX Market to receive overwhelming hike in Revenues by 2019
A Hosted PBX is a private branch exchange (PBX) delivered as a hosted service. Its also known as a Virtual PBX and the advantages companies that use it experience are the elimination of installation, operation and maintenance costs of their VoIP PBX as their VoIP service provider hosts their PBX for them.
North America is expected to hold the largest market share and dominate the hosted PBX market during the forecast period. The region has witnessed huge investments in wireless technologies and the rapid adoption of trending technologies, such as cloud, IoT, mobility, and UC, which drives the critical need for reliable connectivity and communication.
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Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and has always been a lucrative region. The hosted PBX market in APAC is expected to grow at the highest CAGR during the forecast period. The growth in this region is primarily driven by the strong positive outlook of regional enterprises.
In 2018, the global Hosted PBX market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Hosted PBX status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Hosted PBX development in United States, Europe and China.
The key players covered in this study
AT&T
BT Group
Cisco Systems
8x8
Avaya
Megapath
Centurylink
Polycom
Mitel Networks
Ringcentral
Comcast Business
XO Communications
Ozonetel
Nexge Technologies
Bullseye Telecom
TPX Communications
Telesystem
Oneconnect
Interglobe Communications
3CS
Star2star Communications
Nextiva
Novolink Communications
Datavo
Digium
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Market segment by Type, the product can be split into
Virtual Deployment and Setup
Network Traffic Management
Virtual Assistance and Support
Configuration and Change Management
Bandwidth Management and Optimization
Online Charging Services
Emergency Call Routing Services
Compliance Management Services
Protocol Management Services
Market segment by Application, split into
IT
BFSI
Healthcare
Manufacturing
Retail
Government and Public Sector
Education
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Hosted PBX status, future forecast, growth opportunity, key market and key players.
To present the Hosted PBX development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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