Global Cloud Communication Platform Market Analysis, Trends, and Forecasts 2019-2025 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cloud Communication Platform – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The Cloud Communication Platform market worldwide is projected to grow by US$10.3 Billion, driven by a compounded growth of 26.1%.

Unified Communication & Collaboration (UCC/UCaaS), one of the segments analyzed and sized in this study, displays the potential to grow at over 28.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$7.7 Billion by the year 2025, Unified Communication & Collaboration (UCC/UCaaS) will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 29.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$320 Million to the region’s size and clout in the next 5 to 6 years. Over US$481.2 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Unified Communication & Collaboration (UCC/UCaaS) will reach a market size of US$558.3 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 24.8% over the next couple of years and add approximately US$1.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • 8×8, Inc.
  • Avaya, Inc.
  • Callfire, Inc.
  • Cisco Systems, Inc.
  • Nexmo, Inc.
  • Plivo Inc.
  • Telestax, Inc.
  • Twillo, Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Effective Communication Fosters Business Agility
  • Cloud Communications are Redefining the Business Processes
  • Cloud Communication Platforms Pave Way for Smooth Digital Transformation
  • APIs Indispensable in Data Communication
  • Global Competitor Market Shares
  • Cloud Communication Platform Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Product Overview
  • Cloud Communications
  • Major Use Cases of Cloud Communications
  • Cloud Communication Platform
  • Cloud Communication Platform Solutions
  • Unified Communication and Collaboration (UCC/UCaaS)
  • Web Real-Time Communication (WebRTC)
  • Interactive Voice Response (IVR)
  • Application Programming Interface (API)
  • Reporting and Analytics

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Explosion of Enterprise Mobility Drives the Evolution of Cloud Communication Platforms
  • Robust Penetration of BYOD Spurs Growth Opportunities
  • Advent of Web Real Time Communication to Invigorate Market Growth
  • 5G to Turbo Charge Cloud Communication Services
  • Expanding BPO Sector to Boost Adoption of Cloud Communication Platforms
  • Integration of Cloud Communication Platforms by Large Enterprises with Global Footprint Spurs Market Growth
  • Small Businesses Leverage VoIP to Gain Competitive Edge
  • Time to Overcome Aging Phone System and Overloaded IT Issues
  • Major Factors Driving Growth
  • Convergence of IoT and UC Technologies
  • Installed Base of Internet of Things (IoT) Connected Devices Worldwide in Billion from the Years 2018 through 2022
  • Flourishing E-Commerce Industry Bolsters Market Growth
  • Other Key Trends Influencing Cloud Communication
  • UCaaS and SD-WAN Duo to Overpower Enterprise Challenges
  • Major Challenges Hindering Growth of Cloud Communication Platforms
  • Major Challenges of VoIP
  • Key Issues in Unified Communications
  • API Challenges
  • Major Cloud Communication Platforms for Businesses
  • Key Cloud Communication Platforms Software

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Cloud Communication Platform Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Cloud Communication Platform Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/yol7vj

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