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By

Tara

Seals

The global unified communica-

tions (UC) market size is expected

to reach $143.49 billion by 2024,

according to a report by Grand View

Research, largely driven by increas-

ing workforce mobility. The substan-

tial growth prospects of the unified

communications market also can be

attributed to the rapid international

expansion of organizations and an

increasing need for real-time and ef-

ficient communication systems that

enhance the inter-organizational ex-

change of information.

The firm also said that favorable

government and institutional initia-

tives worldwide supporting the in-

troduction of UC deployment across

various industry sectors are expected

to positively impact the market dur-

ing the forecast period. Grand View

also stressed that UC allows firms to

have better operational agility, better

customer engagement and connected

employees – all strategic business

goals that offer a conversation for

savvy channel partners.

Some verticals are particularly

hot right now: Global Market Insights

pointed out that the government sec-

tor has witnessed increased adop-

tion of UC systems, especially when

it comes to public safety. These solu-

tions help governments to effectively

deal with emergencies and support

effective crisis conferencing. The

report estimates revenue from this

segment alone to exceed $20 billion

by 2023.

Rising Tide

UC integrates real-time commu-

nication services such as presence

information, telephony, conferencing,

telephony, instant messaging and so

on with non-real time services such

as SMS, email and voicemail. As

such, Intense Research said that the

sustained growth of the information

and communications technology (ICT)

market overall is expected to en-

hance the growth of UC markets, as

it is generating lot of interest in soft-

ware and application development

communities as well as enterprises.

In the latter segment, large invest-

ments in communication and collab-

orative technologies by government,

telecom and IT, and financial services

sectors are leading the way.

Grand View found that on-premises

Mobility to Drive Global

UC Uptake to New Heights

INTERNATIONAL AGENTs

SECTION

Source: Aberdeen Group

Performance of I t llig nt Contact enters Outpace “Al Others”

Source: Global Market Insights

Global UCaaS Revenue by Region

Source: MarketsandMarkets

10.00

5.00

0.00

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Enterprise

Education

Government

Healthcare

Others

8.00

7.00

6.00

5.00

4.00

3.00

2.00

1.00

0.00

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

2013 2014 2015 2016 2017 2018

Middle East

& Africa

Latin America

APAC

Europe

North America

Y-o-Y

$Billion

Year-over-year percent change

14%

12%

10%

8%

6%

4%

2%

0%

-2%

12.7%

5.6%

9.9%

4.0%

8.5%

3.2%

8.3%

7.9%

5.2

-1.8%

-1.0%

Annual

company

revenue

Customer

retention

Customer

lifetime value

Number of

quality SLAs

met

Improvement

in number of

customer

complaints

Impr

in ave

per c

c

Best-in-Class

All Others

backhaul

Source: Ericsson

North America UC Market by Delivery Method,

2013 - 2024 ($B)

Sour e: Grand View Rese r h

Europe UC Market Size, by Vertical 2012 - 2023 ($B)

Source: Global Market Insights

90% 100%

Solar electric generation

Compressed natural

gas (CNG) vehicles

Energy-efficent water

treatment technology

All-electric vehicles

Methanecapture (landfills, biosolids)

Solar hot water

Geothermal

Waste-to-energy conversion

Cogeneration

(combined heat & power)

Advanced biofuels

Smart grids/smart meters

25.00

20.00

15.0

10.00

5.00

0.00

2012 2013 2014 2015 2016 2017 2018 2019 2020

Hosted

On-premise

35.00

30.00

25.00

20.00

15.00

10.00

5.00

0.00

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Enterprise

Education

Government

Healthcare

Others

31%

23%

22%

21%

19%

16%

12%

11%

11%

11%

80

Channel

Vision

|

September - October, 2016