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Global Cloud Communication Platform Market Analysis, Trends, and Forecasts 2019-2025

30 Days ago

Dublin, Aug. 20, 2019 (GLOBE NEWSWIRE) -- The "Cloud Communication Platform - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Cloud Communication Platform market worldwide is projected to grow by US$11.3 Billion, guided by a compounded growth of 27.4%.

Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Unified Communication and Collaboration (UCC/UCaaS), one of the segments analyzed and sized in this study, displays the potential to grow at over 30.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$7.9 Billion by the year 2025, Unified Communication and Collaboration (UCC/UCaaS) will bring in healthy gains adding significant momentum to global growth.

While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 33.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$903.2 Million to the region's size and clout in the next 5 to 6 years. Over US$603.3 Million worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Unified Communication and Collaboration (UCC/UCaaS) will reach a market size of US$484.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 25.1% over the next couple of years and add approximately US$1.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • 8X8
  • Avaya
  • Callfire
  • Cisco Systems
  • Nexmo, Inc.
  • Plivo
  • Telestax, Inc.
  • Twillo, Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Effective Communication Fosters Business Agility
  • Cloud Communications are Redefining the Business Processes
  • Cloud Communication Platforms Pave Way for Smooth Digital Transformation
  • APIs Indispensable in Data Communication
  • Global Competitor Market Shares by Segment
  • Unified Communication and Collaboration (UCC/UCaaS) (Segment) Global Competitor Market Share Positioning for 2019 & 2025
  • Web Real-Time Communication (WebRTC) (Segment) Market Share Breakdown of Key Players: 2019 & 2025
  • Interactive Voice Response (IVR) (Segment) Competitor Revenue Share (in %): 2019 & 2025
  • Voice over Internet Protocol (VoIP) (Segment) Market Share Shift by Company: 2019 & 2025
  • Application Programming Interface (API) (Segment) Global Competitor Market Share Positioning for 2019 & 2025
  • Reporting and Analytics (Segment) Market Share Breakdown of Key Players: 2019 & 2025
  • Global Competitor Market Shares
  • Cloud Communication Platform Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Explosion of Enterprise Mobility Drives the Evolution of Cloud Communication Platforms
  • Robust Penetration of BYOD Spurs Growth Opportunities
  • Advent of Web Real Time Communication to Invigorate Market Growth
  • 5G to Turbo Charge Cloud Communication Services
  • Expanding BPO Sector to Boost Adoption of Cloud Communication Platforms
  • Integration of Cloud Communication Platforms by Large Enterprises with Global Footprint Spurs Market Growth
  • Small Businesses Leverage VoIP to Gain Competitive Edge
  • Time to Overcome Aging Phone System and Overloaded IT Issues
  • Major Factors Driving Growth
  • Convergence of IoT and UC Technologies
  • Installed Base of Internet of Things (IoT) Connected Devices Worldwide in Billion from the Years 2018 through 2022
  • Flourishing E-Commerce Industry Bolsters Market Growth
  • Other Key Trends Influencing Cloud Communication
  • UCaaS and SD-WAN Duo to Overpower Enterprise Challenges
  • Major Challenges Hindering Growth of Cloud Communication Platforms
  • Major Challenges of VoIP
  • Key Issues in Unified Communications
  • API Challenges
  • Major Cloud Communication Platforms for Businesses
  • Key Cloud Communication Platforms Software
  • PRODUCT OVERVIEW
  • Cloud Communications
  • Major Use Cases of Cloud Communications
  • Cloud Communication Platform
  • Cloud Communication Platform Solutions
  • Unified Communication and Collaboration (UCC/UCaaS)
  • Web Real-Time Communication (WebRTC)
  • Interactive Voice Response (IVR)
  • Application Programming Interface (API)
  • Reporting and Analytics

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Cloud Communication Platform Market Share (in %) by Company: 2019 & 2025
  • Unified Communication and Collaboration (UCC/UCaaS) (Segment) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
  • Web Real-Time Communication (WebRTC) (Segment) Competitor Revenue Share (in %) in the US: 2019 & 2025
  • Interactive Voice Response (IVR) (Segment) Market Share Breakdown (in %) of Major Players in the US: 2019 & 2025
  • Voice over Internet Protocol (VoIP) (Segment) Market in the US: Percentage Breakdown of Revenues by Company for 2019 & 2025
  • Application Programming Interface (API) (Segment) Competitor Market Share Breakdown (in %) in the US for 2019 & 2025
  • Reporting and Analytics (Segment) Market: Revenue Share Breakdown (in %) of Key Players in the US: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Cloud Communication Platform Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Unified Communication and Collaboration (UCC/UCaaS) (Segment) Market Share (in %) by Company in Europe: 2019 & 2025
  • Web Real-Time Communication (WebRTC) (Segment) Market Share (in %) of Major Players in Europe: 2019 & 2025
  • Interactive Voice Response (IVR) (Segment) Competitor Market Share Analysis (in %) in Europe: 2019 & 2025
  • Voice over Internet Protocol (VoIP) (Segment) Market in Europe: Competitor Revenue Share Shift (in %) for 2019 & 2025
  • Application Programming Interface (API) (Segment) Competitor Market Share (in %) Positioning in Europe for 2019 & 2025
  • Reporting and Analytics (Segment) Key Player Market Share Breakdown (in %) in Europe: 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/6u7hic

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