Global UC Market 2024-2028
The UC market is forecasted to grow by USD 67.07 bn during 2023-2028, accelerating at a CAGR of 16.07% during the forecast period. The report on the UC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the development of open platforms and interoperability, the increasing proliferation of smart devices and mobile workforces, and the rise of UC as a service.
Technavio's UC market is segmented as below:
By End-user
By Deployment
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising preference for cloud-based UC solutions as one of the prime reasons driving the UC market growth during the next few years. Also, the integration of AI and automation with UC and the adoption of industry-specific UC solutions will lead to sizable demand in the market.
The report on the UC market covers the following areas:
- UC market sizing
- UC market forecast
- UC market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading UC market vendors that include 8x8 Inc., Avaya LLC, Cisco Systems Inc., Citrix Systems Inc., Cloudtalk, Comcast Corp., Dialpad Inc., Enghouse Systems Ltd., International Business Machines Corp., Microsoft Corp., Mitel Networks Corp., NEC Corp., Orange SA, Plantronics Inc., RingCentral Inc., Siemens AG, Tata Sons Pvt. Ltd., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., and Windstream Intellectual Property Services LLC. Also, the UC market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.