Press release
Cloud-based PBX market globally grow tremendously at a CAGR of about 15.54% by 2021
A cloud-based private branch exchange (PBX) system works on cloud computing technology in which data are stored and transferred through the Internet instead of using a computer or any other hardware. Cloud technology has become popular among consumers with the introduction of programs such as MobileMe and iCloud. These are consumer-based cloud computing technologies.
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Technavios analysts forecast the global cloud based PBX market to grow at a CAGR of 15.54% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud based PBX market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales, installation, and maintenance of cloud-based PBX systems used for enterprise applications.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Cloud Based PBX Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
MegaPath
Microsoft (Skype)
Nextiva
RingCentral
Vonage
Other prominent vendors
3CX
8x8
Allworx
Avaya
Barracuda Networks (CudaTel)
BullsEye Telecom
Cisco
Digium
D-Link
Estech Systems
Fonality
Jive Canada
Linksys
Mitel Networks
NEC
Panasonic
Sangoma
ShoreTel
VirtualPBX.com
Zultys
Market driver
Cloud based PBX provides high operational flexibility.
For a full, detailed list, view our report
Market challenge
Connectivity problems, a hindrance to seamless communication.
For a full, detailed list, view our report
Market trend
Backend analytics are becoming a predominant element of cloud based PBX.
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/global-cloud-based-pbx-market-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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