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Unified Communication Market Growth Analysis, Post COVID-19 Impact | Potential Business Impacts for Key Players

06-05-2020 03:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

The increasing adoption of internet of things (IoT) in communications systems is one of the major factors fuelling the surge in the demand for unified communication solutions across the globe. Owing to the emergence of IoT, businesses are rapidly incorporating advanced analytical tools in devices and this is playing a major role in the creation of an autonomous work environment.

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The rapid technological advancements lead to the expansion of the product portfolio of the mobile unified communication infrastructure vendors offering SIP apps and third-party Fixed Mobile Convergence (FMC) services. The other major factors propelling the demand for unified communication solutions and services are the increasing smartphone penetration and extensive utilization of IP phones for enabling efficient enterprise communication across the world.

Out of these, the IT & telecom industry is predicted to record the fastest growth in the adoption of unified communication technologies during the forecast period. This is primarily ascribed to the swift adoption of various advanced technologies, such as machine learning and artificial intelligence (AI), by IT organizations, for connecting global business locations and allowing greater team collaboration, and thus improving their business operations.

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The unified communication market report offers comprehensive market segmentation analysis along with market estimation for the period 2014–2030.

Based on Component
Solution
Service

Based on Deployment
On-Premises
Cloud

Based on Vertical
Energy & Utilities
Information Technology & Telecom
Retail
Banking, Financial Services, and Insurance (BFSI)
Government
Healthcare

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Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence
P&S Intelligence 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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