The Asia Pacific Unified Communications Market would witness market growth of 21.5% CAGR during the forecast period (2021-2027).
Unified Communications includes real-time communications to allow the streamlined collaboration of people. IoT played a pivotal role in advancing the Unified Communications. IoT is capable of sending messages to people using an automated system. These messages are transferred via data obtained from real-time activities. The utilization and adoption of IoT in a specific healthcare application have achieved huge traction in the last couple of years.
The growth of the unified communications market would witness lucrative growth opportunities due to the growing demand for sophisticated solutions, technological developments, massive demand, and the increasing requirement for superior integration of communication platforms in the nations like Japan, China, and Australia. These factors are likely to open new growth avenues for the players operating in the unified communications market during the forecast period.
As Unified Communications solution offers real-time access to services like phone communications, conferencing, data sharing, and messaging from various devices to workers of businesses, hence enhancing business communications and processes. Moreover, the integration of various technologies like artificial intelligence with unified communication solutions has encouraged companies to realize their digitalization objectives.
The surge in acceptance of the Internet of Things (IoT) has enabled companies to incorporate their data and devices with IoT devices, resulting in an autonomous work environment. For example, sensors utilized in meeting rooms of enterprises can monitor the number of employees, the system utilized, and the duration of meetings. Moreover, the combination of machine learning and AI technologies in the communication vertical has improved team collaboration and allows machine-to-human interaction. AI technology is consistently changing business workflow structures. Hence, these factors have boosted the demand & growth of Unified Communications in the regional market.
The China market dominated the Asia Pacific Healthcare Unified Communications Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,935.9 million by 2027. The Japan market is exhibiting a CAGR of 22.2% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 23.5% during (2021 - 2027).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Solution, the market is segmented into Instant & Unified Messaging, Audio & Video Conferencing, IP Telephony, and Others. Based on Product, the market is segmented into On-premise and Hosted. Based on End User, the market is segmented into Enterprises, Government, Healthcare, Education and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Unified Communications Market is Projected to reach USD 293 billion by 2027, at a CAGR of 19.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Microsoft Corporation, NEC Corporation, Nokia Corporation, Hewlett Packard Enterprise Company, AT&T, Inc. (AT&T Intellectual Property), Verizon Communications, Inc., Avaya Holdings Corporation, and Plantronics, Inc. (Polycom, Inc.).
By Organization Size
By Solution
By Product
By End User
By Country
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