Press release
Hosted Cloud Telephony Services Market Is Scheduled To Embark On A Positive Trajectory, Registering A CAGR Of 9.5%
ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
The report offers actionable and valuable market insights of Hosted Cloud Telephony Services. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Hosted Cloud Telephony Services Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Hosted Cloud Telephony Services market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Hosted Cloud Telephony Services
This newly published and insightful report sheds light on Market Insights of Hosted Cloud Telephony Services, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Hosted Cloud Telephony Services Market.
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Overall, the market for cloud telephony services is slated to yield absolute dollar growth worth US$ 30.8 Billion throughout the forthcoming decade. By deployment, cloud based telephony services remains dominant, documenting a value CAGR worth 11% from 2016 to 2021, while in terms of network, demand for voice-over-internet protocol cloud telephony services continues to reign supreme, with a historical CAGR of 15.6% (2016-2021).
Digital technologies have risen to prominence as a critical determinant of economic growth, national security, and international competitiveness. The digital economy has a profound influence on the world's trajectory and the societal well-being of ordinary citizens. It affects everything from resource allocation to income distribution and growth.
Global statistical accounting challenges notwithstanding, tracking the digital economy's growth trajectory is essential because it serves as an integral forward-looking barometer of the economic growth and international competitiveness.
Conceptually, the digital economy comprises goods and services that either were produced using digital technologies or include these technologies. The information and communications technology (ICT) industry stands at the center of much of this activity, underpinning the digital economy and serving as a reliable yardstick.
In the digital era, innovation, entrepreneurial dynamism, and information and ICT production will drive global competitive edge. The ICT industry and ICT-enabled industries make important contributions to economic growth. This paper attempts to value those contributions and benchmark the importance of the ICT sector in the U.S. economy by assessing its contributions to economic growth, job creation.
The sector's downstream contributions to the small business ecosystem and investments in reskilling and upskilling initiatives are examined. Finally, systemic challenges related to data privacy, trade, and immigration facing the sector are reviewed.
In this digital age, a culture prevails wherein everything is available on demand. Factoring in this trend, businesses globally are looking towards leveraging cost-effective communication solutions which simultaneously ensure enterprise mobility. Hence, reliance on voice-over-internet protocols (VoIP) has become underscored like never before.
It has been reported that VoIP tech may help reduce phone bills and teleconferencing costs by up to 30%. Furthermore, with the onset of the COVID-19 pandemic, prevalence of remote working cultures has sustained cloud telephony services demand.
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Key Segments Covered in the Hosted Cloud
Telephony Services Industry Analysis
Hosted Cloud Telephony Services by Deployment
Hosted Hosted Cloud Telephony Services
Hosted Cloud Telephony Services
Hosted Cloud Telephony Services by Enterprise Size
Hosted Cloud Telephony Services for SMEs
Hosted Cloud Telephony Services for Large Enterprises
Hosted Cloud Telephony Services by Network
Cloud Public Switched Telephone Networks (PSTNs)
Cloud Telephony Voice-over-Internet Protocol (VOIP) Service Network
Hosted Cloud Telephony Services by Application
Hosted Cloud Telephony Services for Conferencing
Hosted Cloud Telephony Services for Multi-level IVR
Hosted Cloud Telephony Services for Sales & Marketing
Hosted Cloud Telephony Services for Customer Relationship Management (CRM)
Hosted Cloud Telephony Services for Other Applications
Hosted Cloud Telephony Services by Industry
Hosted Cloud Telephony Services in BFSI
Hosted Cloud Telephony Services in Education
Hosted Cloud Telephony Services in Government
Hosted Cloud Telephony Services in Healthcare
Hosted Cloud Telephony Services in Media & Entertainment
Hosted Cloud Telephony Services in Retail
Hosted Cloud Telephony Services in Telecom & IT
Hosted Cloud Telephony Services in Other Industries
Hosted Cloud Telephony Services by Region
North America Hosted Cloud Telephony Services Market
Europe Hosted Cloud Telephony Services Market
Resto of the World Hosted Cloud Telephony Services Market
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More Valuable Insights on Hosted Cloud Telephony Services Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Hosted Cloud Telephony Services, Sales and Demand of Hosted Cloud Telephony Services, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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