Cloud Communication Platform Market Size, Development Analysis, Growth, Share, Demand by Regions and Forecast 2019 – 2026


Posted March 13, 2019 by NickJorden7

The global Cloud Communication Platform Market was valued at USD 1.45 billion in 2016 and is projected to reach USD 9.87 billion by 2025, growing at a CAGR of 27.1% from 2017 to 2025.

 
Cloud communications is a data and voice communication system that is internet based. The primary advantages of cloud communication is that it allows the users to work from any device, not necessarily one that is on the premises. Cloud managed services are easily accessible, cost effective and highly reliable. The cloud management allows for storage and syncing that can be accessed over the internet publicly. The technology provided can be used for a variety of processes such as call centers, e-commerce, advertising, payment and processing.

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There is a growing need for organizations to have flexible, simple and low cost operations as well as an online communication sector. These factors along with BPO sector’s growth and its inclination towards cloud computing drives the growth of the Cloud Communication Platform market size. On the other hand, concerns for privacy data and the relationship between customers and technology restrain the company’s market growth.
Competitive Landscape:

The major players in the market are as follows:
1. IBM Corporation
2. Avaya Inc.
3. Twilio Inc.
4. West IP Communication Inc.
5. Plivo Inc.
6. Nexmo Inc.
7. 8X8 Inc.
8. Cisco Systems
9. Netfortris Inc.
10. Telestax Inc.
11. Callfire

Reason to Buy

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• The competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

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Issued By VMR
Country United States
Categories Games , Reference , Religion
Tags cloud communication platform market
Last Updated March 13, 2019