Asia-Pacific UCaaS- Unified Communication as a Service in Manufacturing Market – Share, Outlook, Trends, Size and Forecast (2024

Asia-Pacific UCaaS- Unified Communication as a Service in Manufacturing Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

UCaaS is a cloud-based delivery for enterprise communications which has a variety of communication and services. Unified Communication is a model of delivery service like instant messaging or chat, video conferencing, sharing of data, speech recognition, and real-time communication services such as fax, SMS, and so on. UCaaS delivers over IP-network as a third party service provider.

Global UCaaS- Unified Communication as a Service in Manufacturing Market Segments Size & Growth:

Global UCaaS- Unified Communication as a Service in manufacturing market is accounted for $XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth are by increased adoption of small and medium scale enterprise, flexibility, low cost, growing trends in mobility and BYOD and adoption of cloud-based delivery. However, lack of awareness and security issues hinder the growth of the global UCaaS- unified communication as a service in manufacturing market. Replacing old communication techniques is the major challenge in the UCaaS-unified communication as-a-service market

Global UCaaS- Unified Communication as a Service in Manufacturing Market Segments Share:

Global UCaaS- Unified Communication as a Service in manufacturing market is categorised into by component which consists of Internet telephony, unified communications, conferencing, VOIP and applications. Internet telephony is a traditional telephonic service where calls and data are sent through the internet than over landlines. Internet

Asia-Pacific UCaaS- Unified Communication as a Service in Manufacturing Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

telephony has the most significant share due to its automated transmission of voice, video, fax and so on. Rising demand for VoIP and IP phone in manufacturing industries acts as one of the major driving factors for the growth of UCaaS market. By size, it is classified by small, medium, enterprise, and large. Small and medium enterprises are expected to have the most significant share in the market due to the rapid adoption of unified communication networks to improve their business as well as to digitalise it with a better interface.

From Geography, China is dominating the growth of the global UCaaS- Unified Communication as a Service in manufacturing market and the increase in North America is mainly attributed because of the technology advancements and demands for unified communication infrastructure. Furthermore, India is witnessing the fastest growth during the forecast period, because of technological adoption and considerable investments in telecom services as well as in mobility and BYOD.

Global UCaaS- Unified Communication as a Service in Manufacturing

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Asia-Pacific UCaaS- Unified Communication as a Service in Manufacturing Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Market Segments Trends:

In October 2017, Cisco has acquired BroadSoft to expand cloud-based calling and contact centre.
In March 2017, Alcatel Lucent introduced a hybrid communication design to adopt UCaaS.
In February 2017, Amazon as developed Chime a new cloud-based app to deliver high-quality audio and video experience.
In 2018, Google has finally entered into the Unified Communication as a

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