What's driving the Cloud Public Branch Exchange (PBX) Market Trend? | Leading players Microsoft Corporation, Nextiva, RingCentral, Avaya Inc., Barracuda Networks, Cisco Systems, D-Link System Inc., Mitel Networks Corporation, NEC Corporation, Panasonic Co

The research report on Cloud Public Branch Exchange (PBX) Market now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report further elucidates the status of leading industry players thriving in the competitive spectrum of the Cloud Public Branch Exchange (PBX) Market.

Cloud PBX is basically the process of transferring the load of managing voice calls and other telephony to the cloud. Cloud PBX system is adopted by the cloud service providers for the better delivery of virtualized PBX system. In these systems data is stored and transferred over the internet instead of the conventional computer or piece of hardware. Global Cloud PBX Market is valued approximately at USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2026.

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The systems are hosted entirely on servers in off-site data centers and powered over the internet. In the past few years, many IT companies have started adopting cloud computing in their network infrastructure for better and efficient work balance. Cloud PBX not only reduces the complexity of operations in the available networks but also allows the cloud service providers to host multiple number of virtual networks without any need of common separation isolation methods. Further, these are more cost effective than other solutions such as Hosted Telephone System, VoIP & IP PBX. Hence the advantages offered by these Cloud PBX drive the market during the forecast period. With the growing cloud-based services across the globe, the number of connected devices are increasing the penetration of Cloud Storage increases which propels the companies to adopt cloud based storage and operation. Hence, increasing adoption of Cloud based services in many IT companies drives the market.

Moreover, the hosting of servers for these services is done through Off Site datacenters. Hence the rising number of datacenters across the globe further drives the market growth. In February 2019 Google announced a USD 13 billion investment in data centers in USA which is 4 billion more than the USD 9 billion investment in 2018. The company plans to establish new data centers in Nebraska, Nevada, Ohio, Texas, Oklahoma and other cities and expand the data centers in Seattle, Chicago and New York. Moreover, according to cloud Scene, Brazil has 59 internet users per 100 and the connectivity ecosystem is made up of 110 colocation data centers, 123 cloud service providers and 2 network fabrics. However, lack of a skilled workforce impedes the growth of the market over the forecast period of 2020-2026.

The regional analysis of global Cloud PBX market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing early adoption of the technology coupled with high number of connected devices and availability of high speed internet services such as 5G. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising investments in the high-speed Internet infrastructure and presence of large number of data centers would create lucrative growth prospects for the Cloud PBX market across Asia-Pacific region. According to Cloud scene there are 1137 data centers in the region of which 244 are in Australia, 200 in Japan, 119 in India and 99 in China.

Major market player included in this report are:
o Microsoft Corporation
o Nextiva Inc.
o RingCentral Inc.
o Avaya Inc.
o Barracuda Networks Inc.
o Cisco Systems, Inc.
o D-Link System Inc.
o Mitel Networks Corporation
o NEC Corporation
o Panasonic Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Enterprise Size:
SME
Large Enterprises
By End-Use:
IT & Telecom
BFSI
Healthcare
Retail
Manufacturing
Others

Furthermore, years considered for the study are as follows:
Historical year ?EUR" 2016, 2017, 2018
Base year ?EUR" 20198
Forecast period ?EUR" 2020 to 2026

Target Audience of the Global Cloud PBX Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Cloud PBX Market, by Region, 2018-2026 (USD Billion)
1.2.2. Cloud PBX Market, by Enterprise, 2018-2026 (USD Billion)
1.2.3. Cloud PBX Market, by End-User, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cloud PBX Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cloud PBX Market Dynamics
3.1. Cloud PBX Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cloud PBX Market: Industry Analysis
4.1. Porter?EUR(TM)s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter?EUR(TM)s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Cloud PBX Market, by Enterprise
5.1. Market Snapshot
5.2. Global Cloud PBX Market by Enterprise, Performance - Potential Analysis
5.3. Global Cloud PBX Market Estimates & Forecasts by Enterprise 2016-2026 (USD Billion)
5.4. Cloud PBX Market, Sub Segment Analysis
5.4.1. SME
5.4.2. Large Enterprise
Chapter 6. Global Cloud PBX Market, by End-User
6.1. Market Snapshot
6.2. Global Cloud PBX Market by End-User, Performance - Potential Analysis
6.3. Global Cloud PBX Market Estimates & Forecasts by End-User 2016-2026 (USD Billion)
6.4. Cloud PBX Market, Sub Segment Analysis
6.4.1. IT & Telecom
6.4.2. BFSI
6.4.3. Healthcare
6.4.4. Retail
6.4.5. Manufacturing
6.4.6. Others
Chapter 7. Global Cloud PBX Market, Regional Analysis
7.1. Cloud PBX Market, Regional Market Snapshot
7.2. North America Cloud PBX Market
7.2.1. U.S. Cloud PBX Market
7.2.1.1. Enterprise breakdown estimates & forecasts, 2016-2026
7.2.1.2. End-User breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Cloud PBX Market
7.3. Europe Cloud PBX Market Snapshot
7.3.1. U.K. Cloud PBX Market
7.3.2. Germany Cloud PBX Market
7.3.3. Rest of Europe Cloud PBX Market
7.4. Asia-Pacific Cloud PBX Market Snapshot
7.4.1. China Cloud PBX Market
7.4.2. India Cloud PBX Market
7.4.3. Japan Cloud PBX Market
7.4.4. Rest of Asia Pacific Cloud PBX Market
7.5. Latin America Cloud PBX Market Snapshot
7.5.1. Brazil Cloud PBX Market
7.5.2. Mexico Cloud PBX Market
7.6. Rest of The World Cloud PBX Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Microsoft Corporation
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Nextiva Inc.
8.2.3. RingCentral Inc.
8.2.4. Avaya Inc.
8.2.5. Barracuda Networks Inc.
8.2.6. Cisco Systems Inc.
8.2.7. D-Link System Inc.
8.2.8. Mitel Networks Corporation
8.2.9. NEC Corporation
8.2.10. Panasonic Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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