Unified Communications Market Latest Trends and Analysis, Future Growth Study by 2030

Global Unified Communications Market to witness growth at a CAGR of 18.9% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 11.5% during the previous forecast period of 2018 to 2021.

The demand for mobility to save administrative costs and the development in social business integration among organisations are driving the growth of the unified communication market. The incorporation of social businesses will give them the tools they need for efficient consumer integration and marketing. In order to boost productivity and user experience, unified communication solution providers are creating an ecosystem to integrate various office communication systems, such as video conferencing, voice calling, presence information, content sharing, and instant messaging into a single, streamlined interface. Companies that currently use traditional communication tools are anticipated to switch to unified communication systems in the near future in order to speed up knowledge sharing and boost production. Unified communication powered by the cloud (UCaaS) gives users the freedom to communicate at any time and from any location.
The field of unified communication has been evolving for more than ten years. The development of integrated communications devices enables organisations to gain a variety of advantages, including the ability to collaborate more easily and streamline corporate operations. Businesses that specialise in UC services emphasise simplifying their solutions to make the services simpler to adopt, manage, and buy. In order to build new solutions and enhance existing ones, it is now more important than ever to consider past user experience. This will help the market grow overall during the forecast period.

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Global Unified Communications Market - Segmentation
The global unified communications market is segmented based on product type, solution type, organization type and application type.

Based on product type, the market is segmented into,
• Hosted
• On-premise

Based on solution type, the market is segmented into,
• Instant & Unified Messaging
• Audio & Video Conferencing
• IP Telephony
• Others

Based on organization type, the market is segmented into,
• SMEs
• Large Enterprises

Based on organization type, the market is segmented into,
• Enterprises
• Education
• Government
• Healthcare
• Others

Global Unified Communications Market - Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market

Global Unified Communications Market - Key Market players
Alcatel-Lucent; Avaya Inc.; Cisco Systems, Inc.; Microsoft Corporation; IBM Corporation; NEC Corporation; and ShoreTel Inc. are the major players that are driving the growth of the market during the forecast period.

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