Global Hosted PBX Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
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
Hosted PBX is referred to a telephone exchange system which acts as hoisted service to build, deliver and manage telephony solution. Global hosted PBX market size was valued at $4.19 billion in 2017 and is estimated to reach $12.72 billion by 2025 with the CAGR of 14.9% during 2019-2025. The factors driving the market growth include rising usage of enterprise mobility, emerging of cloud and unified communications technology, upgrading from traditional to cloud PBX. Apart from these drivers, some restraints are hampering the growth. Those are data security, privacy concerns and quality of service. Future opportunities like an increase in adoption of tele cloud and growing unified communications application trends will drive the market growth. Protocol management service is expected to grow faster during the forecast period as it provides rich voice quality and instrumental in managing the protocol like IP communication.
Research Study Objectives:
- Define, estimate, and forecast the Hosted PBX market statistics by component, services, organisation size, verticals (Segments) and regions concerning the individual growth drivers, market trends and their contribution toward the Hosted PBX market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Hosted PBX Market Analysis
- Analysis and conclusions on the future Hosted PBX market outlook.
Top-down and bottom-up approaches are used to validate the Hosted PBX Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals
Global Hosted PBX 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
and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. Hosted PBX Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Hosted PBX market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report. The application segment includes payments, smart contracts and others is fastest growing and expected to grow at the highest CAGR over the forecast period.
The scope of the Report
The Hosted PBX market segmentation is as follows:
By Component
By Services
- Virtual Deployment and Setup
- Network Traffic Management
- Virtual Assistance and Support
- Configuration and Change Management
- Bandwidth Management and Optimization
- Online Charging Services
- Emergency Call Routine Services
- Compliance Management Services
- Protocol Management Services
- Others
By Organisation Size
- Small and Medium Enterprises
- Large Enterprises
By End User
- Information Technology
- Healthcare
- Retail
- Banking and Financial Services, Insurance (BFSI)
- Telecom
- Manufacturing
- Government & Public Sector
- Education
- Others
Geographical Analysis:
Hosted PBX Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies.
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Global Hosted PBX 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
APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Hosted PBX Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Hosted PBX Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Hosted PBX market players, such as
- AT & T Inc.
- BT Group Plc
- Cisco Systems
- Avaya Inc.
- CenturyLink, Inc.
Along with these companies, many other companies are considered in the report while analysing the Global Hosted PBX and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
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