Unified Communication as a Service Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022

Transparency Market
Research
Unified Communication as a Service Market – Global
Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 – 2022Published Date
2015-04-02144 Page ReportBuy NowRequest SamplePress Release
At 23.4% CAGR From 2014-2022, Global UCaaS Market to be Worth
US$37.85 billion by 2022 Unified Communication as a Service
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MarketREPORT DESCRIPTIONThe global unified communications as a service market is poised for staggering growth, and will be worth
US$37.85 billion by 2022, finds Transparency Market Research’s latest report. The market will expand at a
CAGR of 23.4% between 2014 and 2022 upon its 2013 valuation of US$5.68 billion. The report published
by TMR is titled, ‘Unified Communication as a Service Market – Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 – 2022.’ The report studies in detail markets for both hosted and unified
UCaaS solutions.For the most part, growth in the global UCaaS market will stem from the percolation of the
bring-your-own-device (BYOD) and enterprise mobility culture. More people are joining the mobile
workforce, which increases their dependence on smartphones and tablets.Although large enterprises are
familiar with the advantages offered by UCaaS, there is still an awareness gap that exists in the small and
medium businesses space. Given its status as a high-potential emerging technology, the global UCaaS
market has whetted the interest of enterprises and developer communities alike. The report states that
UCaaS, by virtue of being pre-integrated and standardized, makes for a ready-to-go solution that many
enterprises can deploy in short turnaround time.
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