Hosted PBX Market is Estimated to Grow at a CAGR of 13.15% between 2020 and 2025

For More Insights on Hosted PBX Market – Download a FREE Sample!

Market Dynamics

The market is driven by advances in network infrastructure. However, bandwidth limitations are hindering market growth.

The rise in popularity of SOA will have a positive impact on the growth of vendors. On the other hand, the system integration and interoperability issues is expected to reduce the growth potential in the market.

Regional Analysis

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans. 41% of the market’s growth will originate from North America during the forecast period. The US is a key market for hosted PBX in North America. Market growth in this region will be faster than the growth of the market in MEA and South America.

Company Profiles

Some of the companies covered in this report are Avaya Holdings Corp., BullsEye Telecom, Cisco Systems Inc., Comcast Corp., InterGlobe Communications Inc., Lumen Technologies Inc., Mitel Networks Corp., NEC Corp., NovoLink Communications Inc., and Sangoma Technologies Corp., etc.

Competitive Analysis

The competitive scenario provided in the hosted PBX market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Solution, the market is classified into virtual development and setup, network traffic management, virtual assistance and support, configuration and change management, and other segments.
  • By Geography, the market is classified as North America, APAC, Europe, MEA, and South America

Related Report-

IT Monitoring Tools Market by Product and Geography – Forecast and Analysis 2021-2025

Global Translation Management Software Market

Hosted Private Branch Exchange (PBX) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 13.15%

Market growth 2021-2025

USD 3.91 billion

Market structure

Fragmented

YoY growth (%)

12.33

Regional analysis

North America, APAC, Europe, MEA, and South America

Performing market contribution

North America at 41%

Key consumer countries

US, UK, China, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Avaya Holdings Corp., BullsEye Telecom, Cisco Systems Inc., Comcast Corp., InterGlobe Communications Inc., Lumen Technologies Inc., Mitel Networks Corp., NEC Corp., NovoLink Communications Inc., and Sangoma Technologies Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

Source

Leave a Reply

Your email address will not be published.