Press release
Cloud Telephony Services Market to 2027 - AVOXI, 8x8, BroadSoft, Cisco Systems, Exotel Techcom, LeadNXT, MegaPath
Cloud Telephony is a mechanism of delivering telephone application on a cloud as hosted applications. Various organizations are adopting cloud telephony services with the aim of cost optimization, and it provides multiple benefits to organizations such as enterprise mobility and workforce mobility.MARKET DYNAMICS
The growth of cloud telephony services market is fueled by driving factors such as increasing demand for cost efficiency by SMEs, and additional features offer by cloud telephony services. The adoption of cloud telephony services across various industries such as BFSI, IT and Telecom, and healthcare among others are creating an opportunity for companies operating in this market to gain more revenues.
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MARKET SCOPE
The "Global cloud telephony services Market Analysis to 2027" is a specialized and in-depth study of the cloud telephony services industry with a special focus on the global market trend analysis. The report aims to provide an overview of cloud telephony services market with detailed market segmentation by deployment model, enterprise size, application, industry vertical and geography. The global cloud telephony services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud telephony services market players and offers key trends and opportunities in the cloud telephony services market.
MARKET SEGMENTATION
The global cloud telephony services market is segmented on the basis of deployment model, enterprise size, application, and industry vertical. Based on deployment model, the market is segmented as cloud and hosted. On the basis of the enterprise size the market is segmented as SMEs and large enterprises. On the basis of application the market is segmented into conferencing, multi-level IVR, sales and marketing, customer relationship management. Based on industrial vertical the market is segmented as IT And Telecom, BFSI, government, retail and consumer goods, healthcare, education, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cloud telephony services market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cloud telephony services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cloud telephony services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cloud telephony services market in these regions.
MARKET PLAYERS
The reports cover key developments in the cloud telephony services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations.
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These activities have paved way for expansion of business and customer base of market players. The market payers from cloud telephony services market are anticipated to lucrative growth opportunities in the future with the rising demand for cloud telephony services in the global market. Below mentioned is the list of few companies engaged in the cloud telephony services market.
The report also includes the profiles of key cloud telephony services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
AVOXI
8x8, Inc.
BroadSoft
Cisco Systems, Inc.
Exotel Techcom Pvt. Ltd.
Go 2 Market India Pvt. Ltd.
Knowlarity Communications Pvt. Ltd.
LeadNXT
MegaPath
RingCentral, Inc.
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About The Insight Partners
The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Aerospace & Defense, Automotive, Chemicals, Technology, Media & Telecommunications, Electronics & Semiconductor, Manufacturing & Construction and Healthcare.
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