Global Unified Communications Market is Expected to Reach USD 61.9 Billion in 2018: Transparency Market Research

Global Unified Communications Market is Expected to Reach USD 61.9 Billion in
                      2018: Transparency Market Research

  PR Newswire

  ALBANY, New York, March 14, 2013

ALBANY, New York, March 14, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research ( ) " Unified Communications Market 
- Global Industry Analysis, Size, Share, Trends and Forecast, 2012  -  2018,
" the unified communications market was valued at USD 22.8 billion in 2011 and
is expected to reach USD 61.9 billion in 2018, growing at a CAGR of 15.7% from
2012 to 2018.

Browse the full report at 

Worldwide, companies are looking at ways to decrease costs, improve efficiency
and increase productivity. With the integration of real time communication and
business processes, companies can actually achieve these targets. Unified
communications provides flexibility, supports mobility, increases productivity
and improves employee response time as well. With the benefits associated with
unified communications, the increasing mobile workforce and enterprise
mobility will have a high impact on the growth of this market. Proliferation
of mobile devices that are capable of video communication is an important
factor driving the unified communications market. This coupled with BYOD
(Bring Your Own Device) and enterprise mobility will drive corporate IT and
operators to provide cost effective and flexible communication solutions to
the owners of such devices. This factor is expected to have a high impact on
the global unified communications market .

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With the evolution of IP networks and the ever increasing sophistication of
the networks, voice along with video and data traffic can all be handled
simultaneously. However, along with such an evolution come several challenges
as well. Being able to ensure quality of service while the network handles
multiple services along with protection against malicious attacks can prove to
be a daunting task for service providers and IT departments. Some of the
factors restraining the growth of the unified communications market include
lack of interoperability between multi-vendor platforms and high cost of
initial investment.

There are two main types of unified communications systems namely, on premise
unified communications and hosted or cloud based unified communications. The
adoption and acceptance of cloud computing coupled with the proliferation of
unified communications is resulting in the growth of the hosted or cloud-based
unified communications market. The main end user segments employing unified
communications include governments, healthcare, enterprises, education and
others, with enterprises accounting for the largest share.

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Some of the major players in this market include Cisco Systems, Alcatel
Lucent, Microsoft, IBM, Avaya, Polycom, NEC, Huawei Technologies, Siemens
Enterprise Communications and ShoreTel, among others. This research study
provides in depth analysis of the unified communications market by segmenting
the market as mentioned below:

  *Unified Communications Market by Type

       *Hosted or Cloud-based

  *Unified Communications by End User Applications


  *Unified Communications Market by Geography

       *North America
       *Europe, Middle East & Africa (EMEA)
       *Asia Pacific
       *Rest of the World (ROW)

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