Global Unified Communication as a Service Market, By Component (Telephony, Unified Messaging, Conferencing, and Collaboration Platforms and Applications), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, IT & Telecom, Healthcare, Transportation), and Region - Industry Analysis and Forecast to 2025
The global Unified communication as a service market is expected to grow from USD 25.04 billion in 2020 to USD 77.33 billion by 2025 at a CAGR of 25.3%.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Unified communication as a service market. The historic years considered for the study are 2016-2018, the base year is 2019, estimated the year is 2020, and the forecast period is 2021-2025.
Key players operating in the global Unified communication as a service market are RingCentral, Cisco, Vonage, Fuze, Inc., Microsoft, Google, Verizon, BT, Orange S.A., LogMeIn, Mitel, DialPad, StarBlue, Windstream, Alcatel-Lucent Enterprise, Intrado Corporation, NTT Communications Corporation, Masergy, and Renovation Systems.
Market Definition
Unified communication as a service is a service model for enterprise communications. This model includes mobility, instant messaging, communication-enabled business processes, meetings, unified messaging, and telephony. UCaaS delivers unified communications to organizations via the cloud.
Market Drivers
Increasing the demand for UCaaS by SMEs and large organizations
Growing trends of BYOD
Market Restraints
Concerns over cloud-based deployment security
Market Opportunities
Increasing the trend of work from home
Potential opportunities in developing countries
Market Challenges
Low readiness towards moving to UCaaS
Critical Questions Answered in the Report
What are the key trends in the global unified communication as a service market?
How the market (and its various sub-segments) has grown in the last four years and what would be the growth rate in the next five years?
What are the key strategies adopted by the major vendors to lead in the global unified communication as a service market?
What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 180 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecasted period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing demand for UCaaS by SMEs and large organizations
4.2.2 Growing trends of BYOD
4.3 Restraints
4.3.1 Concerns over cloud-based deployment security
4.4 Opportunities
4.4.1 Increasing trend of work from home
4.4.2 Potential opportunities in developing countries
4.5 Challenges
4.5.1 Low readiness towards moving to UCaaS
4.6 Porter's Five Forces Model Analysis
4.7 Value Chain Analysis
4.8 Regulatory Landscape
5 Global Unified Communication as a Service Market, By Component
5.1 Introduction
5.2 Telephony
5.3 Unified Messaging
5.4 Conferencing
5.5 Collaboration Platforms and Applications
6 Global Unified Communication as a Service Market, By Organization Size
6.1 Introduction
6.2 SMEs
6.3 Large Enterprises
7 Global Unified Communication as a Service Market, By Vertical
7.1 Introduction
7.2 BFSI
7.3 Telecom and IT
7.4 Consumer Goods and Retail
7.5 Healthcare
7.6 Public Sector and Utilities
7.7 Logistics and Transportation
7.8 Travel and Hospitality
7.9 Others
8 Global Unified Communication as a Service Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Vendor Share Analysis, 2019
9.4 Recent Developments, 2017-2020
9.4.1 New Product Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
10.1 RingCentral
10.2 Cisco
10.3 Vonage
10.4 Fuze, Inc.
10.5 Microsoft
10.6 Google
10.7 Verizon
10.8 BT, Orange S.A.
10.9 LogMeIn
10.10 Mitel
10.11 DialPad
10.12 StarBlue
10.13 Windstream
10.14 Alcatel-Lucent Enterprise
10.15 Intrado Corporation
10.16 NTT Communications Corporation
10.17 Masergy
10.18 Renovation Systems
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Global Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 2 Global Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 3 Global Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 4 Global Unified Communication as a Service Market, By Region, 2016-2025 (USD Million)
Table 5 North America Unified Communication as a Service Market, By Country, 2016-2025 (USD Million)
Table 6 North America Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 7 North America Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 8 North America Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 9 US Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 10 US Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 11 US Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 12 Canada Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 13 Canada Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 14 Canada Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 15 Mexico Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 16 Mexico Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 17 Mexico Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 18 Europe Unified Communication as a Service Market, By Country, 2016-2025 (USD Million)
Table 19 Europe Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 20 Europe Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 21 Europe Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 22 Germany Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 23 Germany Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 24 Germany Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 25 UK Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 26 UK Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 27 UK Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 28 France Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 29 France Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 30 France Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 31 Italy Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 32 Italy Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 33 Italy Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 34 Spain Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 35 Spain Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 36 Spain Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 37 Rest of Europe Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 38 Rest of Europe Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 39 Rest of Europe Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 40 Asia-Pacific Unified Communication as a Service Market, By Country, 2016-2025 (USD Million)
Table 41 Asia-Pacific Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 42 Asia-Pacific Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 43 Asia-Pacific Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 44 China Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 45 China Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 46 China Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 47 India Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 48 India Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 49 India Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 50 Japan Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 51 Japan Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 52 Japan Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 53 South Korea Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 54 South Korea Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 55 South Korea Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 56 Rest of Asia-Pacific Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 57 Rest of Asia-Pacific Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 58 Rest of Asia-Pacific Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 59 Middle East and Africa Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 60 Middle East and Africa Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 61 Middle East and Africa Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
Table 62 South America Unified Communication as a Service Market, By Component, 2016-2025 (USD Million)
Table 63 South America Unified Communication as a Service Market, By Organization Size, 2016-2025 (USD Million)
Table 64 South America Unified Communication as a Service Market, By Vertical, 2016-2025 (USD Million)
List of Figures
Figure 1 Global Unified Communication as a Service Market: Market Segmentation
Figure 2 Global Unified Communication as a Service Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Global Unified Communication as a Service Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Unified Communication as a Service Market: Porter's Five Forces Model Analysis
Figure 9 Global Unified Communication as a Service Market: Value Chain Analysis
Figure 10 Global Unified Communication as a Service Market Share Analysis, By Component, 2020 and 2025
Figure 11 Global Unified Communication as a Service Market Share Analysis, By Organization Size, 2020 and 2025
Figure 12 Global Unified Communication as a Service Market Share Analysis, By Vertical, 2020 and 2025
Figure 13 Global Unified Communication as a Service Market Share Analysis, By Region, 2020 and 2025
Figure 14 North America Unified Communication as a Service Market Share Analysis, By Country, 2020 and 2025
Figure 15 North America Unified Communication as a Service Market Share Analysis, By Component, 2020 and 2025
Figure 16 North America Unified Communication as a Service Market Share Analysis, By Organization Size, 2020 and 2025
Figure 17 North America Unified Communication as a Service Market Share Analysis, By Vertical, 2020 and 2025
Figure 18 Europe Unified Communication as a Service Market Share Analysis, By Country, 2020 and 2025
Figure 19 Europe Unified Communication as a Service Market Share Analysis, By Component, 2020 and 2025
Figure 20 Europe Unified Communication as a Service Market Share Analysis, By Organization Size, 2020 and 2025
Figure 21 Europe Unified Communication as a Service Market Share Analysis, By Vertical, 2020 and 2025
Figure 22 Asia-Pacific Unified Communication as a Service Market Share Analysis, By Country, 2020 and 2025
Figure 23 Asia-Pacific Unified Communication as a Service Market Share Analysis, By Component, 2020 and 2025
Figure 24 Asia-Pacific Unified Communication as a Service Market Share Analysis, By Organization Size, 2020 and 2025
Figure 25 Asia-Pacific Unified Communication as a Service Market Share Analysis, By Vertical, 2020 and 2025
Figure 26 Middle East and Africa Unified Communication as a Service Market Share Analysis, By Component, 2020 and 2025
Figure 27 Middle East and Africa Unified Communication as a Service Market Share Analysis, By Organization Size, 2020 and 2025
Figure 28 Middle East and Africa Unified Communication as a Service Market Share Analysis, By Vertical, 2020 and 2025
Figure 29 South America Unified Communication as a Service Market Share Analysis, By Component, 2020 and 2025
Figure 30 South America Unified Communication as a Service Market Share Analysis, By Organization Size, 2020 and 2025
Figure 31 South America Unified Communication as a Service Market Share Analysis, By Vertical, 2020 and 2025
Figure 32 Global Unified Communication as a Service Market: Competitive Benchmarking
Figure 33 Global Unified Communication as a Service Market: Vendor Share Analysis, 2019