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According to a new report Global Hosted Private Branch Exchange Market, published by KBV research, the Global Hosted Private Branch Exchange Market size is expected to reach $9.3 billion by 2023, rising at a market growth of 14.3% CAGR during the forecast period.
The North America market holds the largest market share in Global Virtual Deployment, Setup, Configuration & Change Management Services Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 16.2 % during the forecast period. The Europe market is expected to witness a CAGR of 15.3% during (2017 - 2023) in Global Network Traffic Management, Bandwidth Management & Optimization Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 21.8% during (2017 - 2023) in Global Virtual Assistance & Support Market.
The Large Enterprises market holds the largest market share in Global Hosted PBX Market by Organization Size in 2016 and would continue to be a dominant market till 2023. The Small & Medium Enterprises market is expected to witness a CAGR of 18.6% during (2017 - 2023).
The IT & Telecom market holds the largest market share in Global Hosted PBX Market by Vertical in 2016 and would continue to be a dominant market till 2023; thereby, achieving a market value of $2,466.2 million by 2023, growing at a CAGR of 12.8 % during the forecast period. The BFSI market is expected to witness a CAGR of 12.8% during (2017 - 2023). Additionally, The Retail market would garner market size of $1,093.5 million by 2023.
Full Report: https://www.kbvresearch.com/hosted-private-branch-exchange-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Hosted Private Branch Exchange Market have been discussed in the report with the elaborated company profiles of AT&T, Inc., Cisco Systems, Inc., 8x8, Inc., BT Group, Avaya, MegaPath, CenturyLINK Technology Solutions, Mitel Networks, Verizon Communications, Inc. (XO Communication), and TPX Communications.
By Type
By Organization Size
By Vertical
By Geography
Companies Profiled
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Related Reports:
North America Hosted Private Branch Exchange Market (2017-2023)
Europe Hosted Private Branch Exchange Market (2017-2023)
Asia Pacific Hosted Private Branch Exchange Market (2017-2023)