Global Hosted PBX Market is expected to reach 13.02 Billion by 2026 from XX Billion in 2018 at CAGR of XX % (Detailed analysis of the market CAGR is provided in the report).
Global Hosted PBX Market, By GeographyHosted private branch exchange (hosted PBX) is referred to as a telephonic exchange system which is an IP- based telephony solutions managed and accessed by internet entirely. Hosted private branch exchange may also be referred to as cloud Global Hosted PBX Market or hosted voice that has been delivered and managed by third-party service provider.
Global Hosted PBX Market is segmented by the components, verticals, organization size and by geography. Virtual deployment and setup segment is anticipated to have the highest market size during the forecast period as it provides enterprises in setting up IP telephony by accessing virtual support and assistance through the internet. Hosted private branch exchange is projected as a hosted service that enables enterprises to use the total benefits of a phone system, Unified Communications (UC) applications like unified conferencing and messaging, VoIP calling, intelligent call routing, emergency calls, and on-demand applications- fax and video. Global Hosted PBX Market allows an enterprise to say installation, operation and manage cost, which is more like traditional Global Hosted PBX Market system and so providing organizations with centralized and more reliable cost-efficient telephony systems. Moreover Hosted private branch exchange offers an extra profiting feature which allows organizations to extend their telephone lines or accounts virtually via softphones, and so eliminating the necessity for dedicated hardware or device. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin.
Rising need for enterprise mobility, low capex and TCO, rising adoption of the cloud and UC and necessity to upgrade from traditional PBX to cloud-based Global Hosted PBX Market are the major factor for driving the market. Security and privacy concerns is the restraining factor towards market growth. North America is expected to hold the largest share of the market during the forecast period. Developing technologies and eLearning tools have accelerated the hosted PBX market growth in this region. North America is predicted to gain the highest market share and dominate the Global Hosted PBX Market in forecasting period. Due to a rapid adoption of wireless technologies such as mobility, cloud, IoT, and UC which pushes the need for connectivity and communication moreover startup culture in this region is growing rapidly.
Key Highlights:
• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for this Global Hosted PBX Market during the forecast period
• Complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Global Hosted PBX Market analysis with respect to the components, verticals, organization size, and geography to assist in strategic business planning
• Global Hosted PBX Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions
Years that have been considered for the study are as follows:
• Base Year - 2018
• Estimated Year - 2019
• Forecast Period - 2019 to 2026
For company profiles, 2017 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.
Research Methodology:
The Global Hosted PBX Market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Global Hosted PBX Market.
Key Players in the Global Hosted PBX Market:
• Cisco Systems
• AT&T
• Avaya
• XO Communications
• Ozonetel
• Nexge Technologies
• BullsEye Telecom
• TPx Communications
• Telesystem
• OneConnect
• InterGlobe Communications
• 3CX
• BT Group
• Mitel Networks
• 8x8
• Polycom
• Comcast Business
• MegaPath
• CenturyLink
• RingCentral (US)
• Star2Star Communications
• Nextiva
• NovoLink Communications
• Datavo
• Digium
Key Target Audience:
• Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
• VoIP service providers
• Telecom service providers
• Managed Service Providers (MSPs)
• Information Technology (IT) service providers
• Cloud service providers
• System integrators
• Wireless service providers
• Network service providers
• Training and education service providers
• Government and regulatory authorities
The Scope of the Global Hosted PBX Market:
Research report categorizes the Hosted PBX Market based on the components, verticals, organization size and Geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Hosted PBX Market with key developments in companies and market trends.
Global Hosted PBX Market, By Component:
• Solutions
• Services
Global Hosted PBX Market, By Service:
• Virtual Deployment and Setup
• Bandwidth Management and Optimization
• Online Charging Services
• Emergency Call Routing Services
• Compliance Management Services
• Protocol Management Services
• Network Traffic Management
• Virtual Assistance and Support
• Configuration and Change Management
Global Hosted PBX Market, by Organization Size:
• Large Enterprises
• Small and Medium-Sized Enterprises
Global Hosted PBX Market, by Vertical:
• IT
• Healthcare
• Retail
• Government and Public Sector
• BFSI
• Education
• Manufacturing
• Others
Global Hosted PBX Market, By Geography:
• North America
• Asia-Pacific
• Europe
• Middle East and Africa
• Latin America
For more information of visit:https://www.maximizemarketresearch.com/market-report/global-hosted-pbx-market/7910/
This report submitted by Maximize market Research Company
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