UCaaS Market in Europe 2022 - Industry Briefing
Unified communications as a service (UCaaS) is a category of as a service or cloud delivery mechanisms for enterprise communications. With UCaaS, businesses can realize the promise of a simpler, more cost effective way to communicate and collaborate. According to Gen Consulting Company, the ucaas market in Europe is set to achieve an incremental growth of USD 8 billion, acelerating at a CAGR of almost 10.8% during the forecast period 2022-2028.
This industry report offers market estimates of the Europe market, followed by a detailed analysis of the component, organization size, end user, and country. The Europe market data on ucaas can be segmented by component: conferencing, telephony, unified messaging. Ucaas market is further segmented by organization size: large enterprises, small & medium enterprises (SMEs). The SMEs segment is estimated to account for the largest share of the ucaas market in Europe. Based on end user, the ucaas market is segmented into: BFSI, education, healthcare, IT & Telecom, retail & consumer goods, transportation & logistics, travel & hospitality, others. On the basis of country, the ucaas market also can be divided into: Benelux, France, Germany, Italy, Spain, UK, Rest of Europe.
The Europe ucaas market is highly competitive. As of 2021, the major players in the Europe ucaas market were 8x8 Inc., BT Group plc, Cisco Systems Inc., Destiny NV, Deutsche Telekom AG, Fuze Inc., Gamma Telecom Ltd., Kazakhtelecom JSC, Microsoft Corporation, NFON AG, Orange S.A., RingCentral Inc., TDC Holding A/S, Tele2 AB, Telefonica S.A., Telia Company AB, Verizon Communications Inc., Vodafone Group Plc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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