Enterprise Communication Infrastructure Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

The Enterprise Communication Infrastructure market is expected to register a CAGR of 17.53% during the forecast period 2018 - 2023.

Market By Top Leading Players-

Microsoft Corporation, Orange S.A., Avaya Inc., IBM Corporation, Cisco Systems Inc., Alcatel-Lucent SA, Verizon Communications, DXC technology

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Key Market Trends

Workplace communications have significantly evolved over the past ten years, and continued innovation in the space has enabled enterprises to tap into the rich power of the cloud. Cloud communications are the major factors driving the growth of the market and technologies, such as Unified Communications-as-a-Service (UCaaS) and Contact Center-as-a-Service (CCaaS) are first adopted by small- and medium-sized businesses. But, recently, market from medium-to-large enterprises has been gaining traction. The adoption rate rat from this market segment is expected to be the highest, compelled by economics, flexibility, and business agility benefits. Basic IP dial tone and OTT (over-the-top) voice and messaging apps are expected to become commodities, and their proliferation are expected to drive the importance of an open platform approach. With the growth in the number of a disparate set of applications and modules used, there is a need to provide simplicity and intelligence by connecting all these systems, apps, and tools.

Retail Sector is expected to grow with a Significant Rate
Retailers are heavily investing in store-level communication technologies to ensure there is a smooth flow of information. However, they are limited to store infrastructures that often consist of older, proprietary and disparate systems. This results in limited access to information and a heavy reliance on manual processes, leading to stores becoming less flexible and resilient. In the retail sector, where multiple sites and channels are present, over which customers and employees communicate, unified communications has the potential to not only enrich the overall customer experience, but also to deliver significant cost-savings and flexibility to move and adapt quickly in a dynamic market place.

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Key Developments in the Enterprise Communication Infrastructure Marke

Jul 2018 - Dialpad, the cloud business communications announced in July'18 that it raised USD 50 million in Series D funding, led by ICONIQ Capital. The other existing investors are Andreessen Horowitz, Amasia, Scale Venture Partners, Section 32, and Work-Bench

Key Takeaways from this Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities

─Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues

─Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries Globally for the market.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.