openPR Logo
Press release

Cloud PBX Market Giants Spending Is Going To Boom

10-03-2022 08:13 AM CET | IT, New Media & Software

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

According to the new research report published by The Insight Partners, titled "Cloud PBX Market- Global Analysis and Forecast by Enterprise Size (SMEs and Large Enterprises); End-User (IT & Telecom, BFSI, Healthcare, Retail, Manufacturing, and Others)", The Global Cloud PBX Market is expected to reach US$ 18.2 billion in 2027, registering a CAGR of 15.5% during the forecast period 2019-2027.

Get a Sample PDF https://www.theinsightpartners.com/sample/TIPTE00002435/?utm_source=OpenPR&utm_medium=10593

Key Companies: 3CX, Inc., 8x8, Inc., AT&T Inc., Comcast Corporation, SORS Global, Avaya Inc., Voyced Ltd., Cisco Systems, Inc., Microsoft Corporation, RingCentral, Inc.

In 2018, North America accounted for the largest market share, growing at a CAGR of 13.3%. Asia Pacific is the fastest growing region in the cloud PBX market. It has various growing economies, which are impacting the growth in the wide variety of sectors, which includes infrastructure, manufacturing, technology, and various others. Asia Pacific region presents strong business opportunities for investing in cloud PBX technology as businesses in the region, focusing strongly on the adoption of the advanced digital transformation. The rising trend for BYOD and internet users in the region is positively accelerating the need for advanced mobile and internet services, leading to an increase in the development of better internet infrastructure. Enhanced government support in countries such as India is also one of the prime reasons for the market to strengthen. In May 2019, MNF Enterprise signed first Australian customer to Cisco's new cloud-based Webex Calling platform.

Rapid technological adoptions can be seen and experienced in the range of sectors such as retail, BFSI, manufacturing, and others. The increasing demand for cloud technology, enhanced communication, UCaaS, and low-cost infrastructure maintenance are creating a significant demand for cloud PBX market. In a recent scenario, 5G is playing a major role in transforming the entire PBX ecosystem driven by more internet-connected devices, directly impacting the global cloud PBX market. The continuous development in infrastructure and improvement in cloud technology is expected to drive the market significantly. The market players present in cloud PBX market are mainly focusing on service enhancements by implementing advanced technologies. By signing partnerships, contracts, joint ventures, funding, and inaugurating new offices across Europe, Asia Pacific, North America, and worldwide permit the company to maintain its brand name globally. Many well-known, as well as third-party service providers, are present in the market to provide various types of customized services to its customers.

Speak to Analyst: https://www.theinsightpartners.com/speak-to-analyst/TIPTE00002435?utm_source=OpenPR&utm_medium=10593

Market Insights
the reduced cost of operation is driving the adoption of cloud PBX

The cloud PBX has reformed and revolutionized the communication process in the business organizations by enabling access to various forms of communication (audio, video, text messaging) through an IP network. This communication technology offers myriad benefits over tradition PBX, but the cost-effectiveness provided by the cloud PBX over on-premise PBX is the primary factor, that has driven its demand in the past years and is expected to influence the cloud PBX market growth in the coming years.

Global Cloud PBX Market Segmentation:
Global Cloud PBX Market - By Enterprise Size
SMEs
Large Enterprises

Global Cloud PBX Market - By End-user
Healthcare
Manufacturing
Telecom & IT
BFSI
Retail
Others

Directly Purchase a copy of this research study @ https://www.theinsightpartners.com/buy/TIPTE00002435/?utm_source=OpenPR&utm_medium=10593

Note: If you have any special requirements related to Cloud PBX Market Report please let us know and we will offer you the report as you want.

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cloud PBX Market Giants Spending Is Going To Boom here

News-ID: 2755856 • Views:

More Releases from The Insight Partners

Navigating Growth in the Dental Handpieces Market: A Data-Driven Perspective
Navigating Growth in the Dental Handpieces Market: A Data-Driven Perspective
The dental handpieces market is undergoing a significant transformation, driven by rising oral health awareness, technological innovation, and a shift in global healthcare standards. According to a recent industry report, the market is poised for robust expansion over the next decade, reflecting not only increased demand but also rapid advancements in performance, ergonomics, and infection control. Get Sample Copy of Report at: https://www.theinsightpartners.com/sample/TIPRE00014230/?utm_source=OpenPR&utm_medium=10188 Market Players • Dentsply Sirona • KaVo • Dental NSK Ltd. • Being Foshan Medical Equipment Co.,
Bone Replacement Market is expected to grow a CAGR of 6.5% from 2025 to 2031
Bone Replacement Market is expected to grow a CAGR of 6.5% from 2025 to 2031
The Global Bone Replacement Market 2031 that centers around Bone Replacement Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint. To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00027688/?utm_source=OpenPR&utm_medium=10607 (Our SAMPLE COPY of the report offers a quick
Eyelash Curlers Market is expected to grow a CAGR of 2% from 2025 to 2031
Eyelash Curlers Market is expected to grow a CAGR of 2% from 2025 to 2031
The Global Eyelash Curlers Market 2031 that centers around Eyelash Curlers Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint. To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00027888/?utm_source=OpenPR&utm_medium=10607 (Our SAMPLE COPY of the report offers a quick
Steam Mops Market Analysis, Segments, Size, Share, Growth and Recent Trends by Forecast to 2031
Steam Mops Market Analysis, Segments, Size, Share, Growth and Recent Trends by F …
The Global Steam Mops Market 2031 that centers around Steam Mops Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint. To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00028084/?utm_source=OpenPR&utm_medium=10607 (Our SAMPLE COPY of the report offers a quick

All 5 Releases


More Releases for PBX

IP PBX and Cloud PBX Market is Booming Worldwide | Cisco Systems, Avaya
HTF MI recently introduced Global IP PBX and Cloud PBX Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. 𝐌𝐚𝐣𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 in IP PBX and Cloud PBX Market are: Cisco Systems, Avaya, Mitel, 3CX, RingCentral, Vonage, Microsoft, 8x8,
Call Control (PBX-IP PBX) Market Size to Reach USD 5293.81 Million by 2028
Data Bridge Market Research in its report titled of Global Call Control (PBX-IP PBX) Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Call Control (PBX-IP PBX) market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping the growth of the market and other valuable insights across different market segments. Call Control (PBX-IP
IP PBX And Cloud PBX Market Consumption Analysis, Business Overview and Upcoming …
The IP-based PBX service known as cloud PBX, also known as hosted PBX or virtual PBX, is only available and accessible online. Unlike digital systems, which host software on a server, cloud PBX hosts all data and software in the cloud. The supplier of a cloud PBX internet phone system is in charge of both hosting the PBX hardware and providing phone services. The customer's desk phone connects to a
IP PBX and Cloud PBX Market Most Attractive Business Segment | Avaya, Mitel, Cis …
Latest Study on Industrial Growth of IP PBX and Cloud PBX Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the IP PBX and Cloud PBX market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study
Call Control (PBX-IP PBX) Market: Beating Historical Challenges, What's Next
Global Call Control (PBX-IP PBX) Market Size, Status and Forecast is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2022-2027). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Call
China Call Control (PBX-IP PBX) Market 2021 | Detailed Report
The Call Control (PBX-IP PBX) research report provides a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The data thus presented is reliable, comprehensive and the result of extensive research both primary and secondary. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Moreover, the data underlines the primary and