Unified Communication as a Service Market Size and Forecast
The Global Unified Communication as a Service Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Unified Communication as a Service Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Unified Communication as a Service Market was valued at USD 15.01 Billion in 2019 and is projected to reach USD 28.22 Billion by 2027, growing at a CAGR of 8.2% from 2020 to 2027.

What is Unified Communication as a Service?
Unified Communication as a Service (UCaaS) is considered as the cloud deployment model for the enterprise’s communication network. The deployment deals with the communication services, and its application, outsourced to a third-party provider, and then delivered over a network. The UCaaS includes the latest technologies with the facility of video conferencing, enterprise messaging, and telephony. It provides a high level of flexibility and reliability over the business network and improves business operational performance. It widely finds its application in the IT & telecom, logistics data centers, travel and hospitality, and other sectors.

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Global Unified Communication as a Service Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Unified Communication as a Service is witnessing tremendous growth owing to enterprise mobility and BYOD trends. In addition, the increasing adaption of UCaaS from large and small enterprises is another factor propelling the growth of the market. Moreover, the growing deployment of artificial intelligence in the communication sector in response to the advancement in the technologies is imposing a positive impact on market growth. However, the issue related to the security associated with the cloud-based deployment is hampering the growth of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Unified Communication as a Service Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Unified Communication as a Service Market Competitive Landscape
The “Global Unified Communication as a Service Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as RingCentral, 8×8 , LogMeIn, Mitel, Cisco, Vonage, Fuze, Inc., Microsoft, Google, and Verizon. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Unified Communication as a Service Market, By Component
• Unified Messaging
• Telephony
• Conferencing
• Collaboration Platforms And Applications

Unified Communication as a Service Market, By Vertical
• Consumer Goods and Retail
• Healthcare
• Public Sector and Utilities
• Telecom and IT
• Others

Unified Communication as a Service Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World



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