Unified Communications & Collaboration Market to reach $57bn by 2024

The technology research report “Unified Communications & Collaboration (UCC) Market Size By Platform (Telephony [IP Phones, IP PBX], Collaboration [Mobile, Social Network, Video Platform], Unified Messaging [Voicemail, Email, Fax], Conferencing [Audio, Video, Web], Services & Tools), By Deployment Model (On-premise, Cloud/Unified Communications as a Service (UCaaS), Hybrid), By Application (IT & Telecom, BFSI, Public Sector, Retail, Healthcare, Education), Industry Analysis Report, Reginal Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Singapore, Brazil, Mexico, Argentina, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says UCC Market size is set to exceed USD 57 billion by 2024; according to a new research report by Global Market Insights, Inc. driven by rapid adoption of mobile devices.

The unified communications and collaboration market growth is attributed to the growing penetration of mobile devices and increasing adoption of BYOD trend across enterprises on a global scale. Over the last 10 years, mobile devices have evolved from just a means for voice communication to a smart device with sophisticated multi-function capabilities. Increase in consumption of mobile internet is expected to further assist the UCC market growth during the timeline. Allowing employees to bring their own devices to the workplace helps companies cut hardware and service costs considerably. Enterprises are increasingly accepting BYOD to enhance employee productivity. UCC technology leverages this BYOD eco-system to enable efficient communication with mobile resources.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/402

As upgrading traditional communications network and infrastructure becomes highly challenging in a rapidly evolving business environment, enterprises are becoming more inclined towards cloud and hybrid UC solutions to scale and manage communication resources. An expanding global cloud eco-system is also expected to boost the market growth over the timeline.

Telephony platforms are expected to hold a significant market share of over 25% by 2024 owing to large scale deployment of telephony applications across enterprises in various sectors as a primary communication medium to enable real-time business communication. IP phones segment will secure a larger share of the telephony market over the forecast period as they have numerous benefits over analog phones and cost much less than traditional telephone services. Collaboration market will witness fastest growth over the timeline owing to the advent of highly sophisticated collaboration systems which facilitate meetings involving members from business units located at diverse geographic locations.

Cloud-based UCC market will witness favorable growth between 2017 and 2024 owing to growing popularity and adoption of cloud computing technology across businesses in varied sectors ranging from IT & telecom, BFSI, healthcare and public services. Hybrid model will experience accelerated growth during the timeline. As the framework gives cloud capabilities along with secure on-site storage of critical data, the model is witnessing rapid adoption by enterprises wanting to implement UCC systems.

IT & telecom UCC market is expected to garner a major share of the overall market by 2024 due to high adoption and immense applications of the technology for process flows in the industry. Effective team collaboration and robust network availability are some of the key requirements of the enterprises operating in this sector. Hence, UCC technology is witnessing high acceptance from such enterprises that operate on an extensive global scale. With rising proliferation start-ups in the IT sector, the demand for cost effective UC capabilities will increase over the forecast period to reduce expenditure on IT infrastructure procurement, maintenance and upgradation.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/402

North America will dominate the UCC market by 2024 primarily due to the availability of a robust telecom and cloud infrastructure in the region. Also, extensive support for BYOD and readiness to adopt the trend by U.S. enterprises is also positively contributing to the market growth. Asia Pacific market on the other hand, is expected to grow with the highest CAGR of over 13% between 2017 and 2024 due to increasing demand for better business communication infrastructure by organizations operating in emerging economies such as Japan and China. With consistent economic development, the enterprises in these countries are growing in both scale and geographical reach leading to the need for stronger internal and external collaboration functions.

The players operating in the UCC market include pure providers such as Avaya, 8×8 and Unify along with software providers such as Microsoft, Cisco, Verizon and ALE. The major strategy adopted by key market players is strategic collaborations and partnerships. Such undertakings enable them to enrich their existing product portfolio and further expand their presence in different regional markets. Furthermore, strategic acquisitions also play a key role in the consolidation of the highly mature market as major players are striving to extend their global presence and gain more market share.

UCC market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:

Unified Communications & Collaboration Market, By Platform

  • Telephony
    • IP phones
    • IP PBX
  • Collaboration
    • Mobile
    • Social network
    • Video platform
  • Unified messaging
    • Voicemail
    • Email
    • Fax
  • Conferencing
    • Audio
    • Video
    • Web
  • Services and tools

Unified Communications & Collaboration Market, By Deployment Model

  • On-premise
  • Cloud
  • Hybrid

Unified Communications & Collaboration Market, By Application

  • IT & telecom
  • BFSI
  • Public sector
  • Retail
  • Healthcare
  • Education

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • APAC
    • China
    • Japan
    • ANZ
    • South Korea
    • India
    • Singapore
  • LAMEA
    • Brazil
    • Mexico
    • Argentina
    • GCC
    • South Africa

Browse key industry insights spread across 350 pages with 1006 market data tables & 13 figures & charts from the report, “Unified Communications & Collaboration (UCC) Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/unified-communications-market-report

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter

Advertisements

Residential Window Automation Market has high growth prospects from 2016 to 2024

Window Automation industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.

Automation is the need of the hour, the pathway to a comfortable & convenient lifestyle, subject to which window automation market is expected to generate lucrative gains over the next few years. Rapid urbanization and the development of smart homes will push window automation industry growth a notch higher. In a bid to expand automatic ventilation systems industry, the governments of various countries are investing significantly in infrastructural development to generate revenue via tourism and attract foreign investors. This in turn, will be a major factor driving window automation market. According to Global Market Insights, Inc., “Worldwide window automation market having had a revenue of USD 4 billion in 2015, will register an annual growth rate of about 5.5% over the period of 2016 to 2024.”

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1356

Taking into account the end-use segment, window automation market is mainly divided into contractors, profile houses, façade builders, and window manufacturers. Shifting trends toward smart homes and the availability of automated building solutions will favor the growth of industry in profile houses, in which many of the OEMs are investing significantly to attract more customers. Window manufacturers was a dominant end-use segment and contributed majorly toward the global industry share. The surging investment in R&D activities will create high demand for the product across the various application areas such as industrial, residential, and commercial sectors.

The escalating investment in commercial infrastructure development such as airports, educational institutes, retail, healthcare, public transit, and hospitality will generate heavy demand for window automation. Residential application segment is predicted to register highest annual growth rate over the coming years of 2016 to 2024, primarily driven by the changing consumer preference toward automated products pertaining to low energy consumption. In addition to this, shifting trends toward smart homes will also propel window automation industry size notably.

Hybrid, mechanical, and electric are the key products of window automation market. Hybrid products save lots of energy, as they use mechanical components. In addition, the use of the fan is avoided, which will reduce the total electricity cost. This, in turn, will fuel window automation market share. Electric window automation held the largest share of the global market in 2015 and is predicted to collect significant revenue over the coming seven years. The growth can be attributed to the implementation of highly reliable and automated sensors and actuators in the devices.

Considering the regional landscape, China window automation market size will collect considerable revenue over the years ahead. China has implemented various building codes to propagate natural lighting, smoke evacuation, and ventilation. This, in turn, will augment the market growth.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1356

Europe window automation industry will exhibit substantial growth rate over the period of 2016 to 2024, owing to the growing product adoption to generate cooling or heating effects in desirable weather conditions. Moreover, regulatory norms regarding the work safety across the smoke ventilation application will boost the need for window automation.

Window automation market is widely fragmented across the globe. Most of the companies are working on cost reduction and product differentiation. Many market participants are expanding their regional distribution channels to gain considerable profits. Joint ventures and acquisitions are key growth strategies adopted by market players to sustain the competitive business space.

Chapter 3.   Window Automation Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2012 – 2024

3.3.  Industry ecosystem analysis

3.3.1. Distribution channel analysis

3.3.2. Vendor matrix

3.4.  Technology & innovation landscape

3.4.1. Solar powered window opener

3.4.2. Concealed mechatronic fittings with minimized noise generation and maximum opening widths

3.5.  Regulatory landscape

3.5.1. U.S.

3.5.1.1.    UL-325, Standard for Safety: Door, drapery, Gate, Louvre, and window operators & systems and ETL certification

3.5.2. EU

3.5.2.1.       Building regulations, approved document B and BS 9999

3.5.2.2.       BS EN 12101

3.5.2.3.       IEC 60335-2-103

3.5.3. China

3.5.3.1.       MOHURD

3.5.3.2.       China Building Code

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.       Increased spending on infrastructure development

3.6.1.2.       Energy saving and reduced operational cost

3.6.1.3.       Demand for natural and smoke ventilation

3.6.2. Industry pitfalls & challenges

3.6.2.1.       Daylight system as a substitute for the automatic window systems

3.6.2.2.       Lack of awareness and non-compliance with several regulatory codes and standards

3.7.  Growth potential analysis

3.7.1. Application potential

3.8.  Porter’s analysis

3.9.  Company market share analysis, 2015

3.9.1. Strategy dashboard

3.10.      PESTEL analysis

This latest Window Automation Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Window Automation industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Window Automation Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Window Automation Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

Blog: https://www.gminsights.com/blogs

Connect with us: Facebook | Google+ | LinkedIn | Twitter