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Hosted PBX Market Growth Analysis & Forecast Report | 2020-2027

As several companies across the globe are transitioning from traditional communication systems to cloud-based phone systems, they are increasingly deploying hosted Private Branch Exchange (PBX) systems. This is likely to augment the business space of hosted PBX market in coming years

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Hosted PBX Market Growth Analysis & Forecast Report | 2020-2027

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  1. Hosted PBX Market: Global Trends, Opportunities And Industry Forecast To 2027

  2. Industry Insights: • Based on the component bifurcation, security service segment across hosted PBX market is projected to witness an appreciable CAGR of 9% through 2027 considering the increased application of hosted PBX across several industry verticals primarily due to the integration and scalable advantages associated with these systems. As these systems are based on internet, they raise security concerns for enterprises which instigates the adoption of security services for protecting hosted PBX systems • In terms of organization, large enterprises are showing burgeoning demand for hosted PBX solutions. In wake of the current COVID-19 pandemic situation, various enterprises are deploying effective communication systems to establish effective collaboration with company workforce. As a result, these enterprises are adopting hosted PBX systems in order to enhance remote communications such as email delivery, video conferencing, voicemail, etc.

  3. As several companies across the globe are transitioning from traditional communication systems to cloud-based phone systems, they are increasingly deploying hosted Private Branch Exchange (PBX) systems. This is likely to augment the business space of hosted PBX market in coming years • Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2883 • Additionally, key industry players operating in Hosted PBX market such as 8x8, Inc., Avaya Holdings Inc., AT&T Inc., Cisco Systems Inc., CenturyLink, etc. are focusing on developing advanced hosted PBX solutions that will open new growth avenues for the industry. For instance, in 2020, Yeastar, the renowned provider of SME PBX systems, announced the launch of new P-Series PBX system. According to the company, this solution combines the presence, collaboration tools, mobility and voice as an all-in-one product offering

  4. Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/hosted-private-branch-exchange-pbx-market Chapter 6 Hosted PBX Market, By Organization Size 6.1 Key trends, by organization size 6.2 Large enterprises 6.2.1 Market estimates and forecast, 2016 – 2027 6.3 SMEs 6.3.1 Market estimates and forecast, 2016 – 2027

  5. Chapter 7 Hosted PBX Market, By Industry Vertical 7.1 Key trends, by industry vertical 7.2 BFSI 7.2.1 Market estimates and forecast, 2016 – 2027 7.3 Healthcare 7.3.1 Market estimates and forecast, 2016 – 2027 7.4 Government 7.4.1 Market estimates and forecast, 2016 – 2027 7.5 Retail 7.5.1 Market estimates and forecast, 2016 – 2027 7.6 Manufacturing

  6. Region: • Regionally, hosted PBX market across Europe is expected to grow significantly over the ensuing years owing to increasing inclination towards digitization among large number of public and private enterprises along with expanding wireless communication infrastructure in the region. According to the report, Europe hosted PBX market is estimated to secure a market share of more than 20% by 2027.

  7. Key Players • NexGen Technology Group • NovoLinkCommunicationsInc. • OneConnect Services Inc. • Ozonetel • PlantronicsInc. • RingCentral • TPx Communications Inc.

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