Global Industry Insight Unified Communications Market to 2020 Size, Industry Trends, Growth Prospects Till,: Acute Market Reports
Acute Market Reports has announced the addition of the "Global Industry Insight Unified Communications Market to 2020 Growth,Trends and Forecast"Report to their offering.
Acute Market Reports has announced the addition of the "Global Industry Insight Unified Communications Market to 2020 Growth,Trends and Forecast"Report to their offering.
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<strong>Global</strong> <strong>Industry</strong> <strong>Insight</strong> <strong>Unified</strong> <strong>Communications</strong> <strong>Market</strong> <strong>Size</strong>,<br />
Share, Development, <strong>Growth</strong> and Demand Forecast <strong>to</strong> <strong>2020</strong><br />
The unified communications market is growing at a considerable rate, due <strong>to</strong> the condense<br />
front load capital, increasing enterprise mobility, and mobile workforce, increasing server<br />
message block (SMB) demand for unified communications as a service, pay per use criteria, and<br />
increased penetration of mobile devices, in the market. Untapped markets and communication<br />
on the move are some of the fac<strong>to</strong>rs providing ample opportunities, <strong>to</strong> the unified<br />
communications market, in the coming years.<br />
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The unified communications is the integration of real time communication services, such as<br />
information about presence, instant messaging, and mobility features, with non-real time<br />
communication services, such as e-mail, sms, and fax. <strong>Unified</strong> communication is a preintegrated,<br />
ready <strong>to</strong> go, permanently updated and highly standardized service that accelerates<br />
decision making and business processes, and increases productivity, besides reducing costs.<br />
Video conferencing, desk<strong>to</strong>p sharing, internet pro<strong>to</strong>col, data sharing, telephony and instant<br />
messaging, are some of the functions of real time communication in unified communication.<br />
The unified communication can also be employed for other forms of communications, such as<br />
internet pro<strong>to</strong>col television and digital signage.<br />
The arrival of technologies, such as web real-time communication, session initiation pro<strong>to</strong>col<br />
trunking, and voice over internet pro<strong>to</strong>col has supported the growth of the unified<br />
communications market, <strong>to</strong> some extent.<br />
Some of the services provided by unified communications are implementation and integration,<br />
consulting, managed services, and training and support. <strong>Unified</strong> communications include<br />
solutions, such as conferencing, unified messaging, content and collaboration, and voice<br />
solutions.<br />
The technology is also beneficial for essential communications, such as damage mitigating<br />
notifications, emergency cases, and several other emergency instructions. <strong>Unified</strong><br />
communications support the organization in cost savings, along with saving time of the<br />
employees working there; which in turn results in more efficient, and affordable<br />
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communications. On the basis of deployment type, the unified communications market can be<br />
categorized, as hosted or cloud based, and on-premise unified communication.<br />
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The unified communications market can also be categorized on the basis of components, as<br />
conferencing, telephony, collaboration platforms, and unified messaging.<br />
On the basis of organization size, the unified communications market can be categorized, as<br />
large enterprises, medium businesses, and small businesses. Small businesses include maximum<br />
of 100 employees, medium business include maximum of 1000 employees, and large<br />
enterprises include, more than 1000 employees. The unified communications market can also<br />
be categorized on the basis of end users, as consumer goods and retail, media and<br />
entertainment; banking, financial services, and insurance (BFSI), public sec<strong>to</strong>r and utilities,<br />
education, healthcare, logistics and transportation, telecom and information technology (IT),<br />
manufacturing, and travel and hospitality.<br />
Some of the fac<strong>to</strong>rs driving the growth of the unified communications market are continuous<br />
service support, and increase in bring your own device (BYOD) trend. Excessive cost of initial<br />
investing, security concerns, absence of interoperability among different vendor of the unified<br />
communication platforms, and lack of awareness among the consumers, are some of the<br />
fac<strong>to</strong>rs, restraining the growth of the unified communications market.<br />
Some of the competi<strong>to</strong>rs in the unified communications market are Computer Sciences<br />
Corporation, Verizon <strong>Communications</strong> Inc., Alcatel-Lucent, Microsoft Corporation, Hewlett-<br />
Packard Development Company L.P., Cisco Systems Inc., International Business Machines<br />
Corporation, Avaya Inc., and Polycom Inc.<br />
The competi<strong>to</strong>rs in the unified communication market are focusing on creating the unified<br />
communication solutions that can fulfill the demand of the organizations of all sizes. For<br />
instance, Alcatel-Lucent launched a cloud based enterprise communication solutions in<br />
February 2014, which addresses the need of both the small and medium sized businesses.<br />
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