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Europe Unified Communications and Collaboration (UCC) market to gain from BYOD technology adoption in corporate sector

Growing demand for connectivity and reliable communications from businesses along with rising investments to enhance existing communication network infrastructure is likely to drive global unified communications & collaboration (UCC) market outlook.

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Europe Unified Communications and Collaboration (UCC) market to gain from BYOD technology adoption in corporate sector

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  1. Unified Communications and Collaboration (UCC) market Growth Analysis & forecast To 2026

  2. KeyInsights Unified Communications and Collaboration (UCC) market : • Growing demand for connectivity and reliable communications from businesses along with rising investments to enhance existing communication network infrastructure is likely to drive global unified communications & collaboration (UCC) market outlook. • Widespread availability of 4G network connectivity and ongoing investments for commercialization of 5G networks is positively contributing towards transformation of modern enterprise communication solutions. • When customers are unable to reach traveling account executives or cannot effectively use a complex communication system, UCC systems aid users in execution of such business communications efficiently. Steady uptake of UCC systems by enterprises for enhanced business connectivity is expected to foster industry size. • Adoption of web-based communication solutions and mobile devices at large in enterprise environments has created favorable conditions for UCC market growth over the coming years. Unified Communications & Collaboration (UCC) market size is forecast to cross the USD 60 billion mark by 2026.

  3. Continued… • Platform-wise, the conferencing segment is forecast to register a notable CAGR of more than 10% over 2020-2026. Conferencing solutions provide multi-user connectivity to aid communication on the same call, which is becoming increasingly crucial for business decisions and real-time information sharing in the current scenario. The purpose of call conferencing can be successfully implemented by web, video or audio conferencing, depending on the convenience and requirement of users participating in it. Unified communications & collaboration service providers leverage conferencing technologies to facilitate quick communication among businesses with personnel and customers, which can be either free of cost or on subscription basis to access services. • Speaking of the application landscape, the BFSI segment is touted to grow at a CAGR of 10% over the projected timeframe. Such impressive segmental growth can be attributed to the rapid proliferation of unified communications in the banking sector to enhance customer experience. UCC systems are witnessing massive uptake from BFSI enterprises, which are focusing upon creating new avenues to target unengaged customers and for offering personalized facilities.

  4. Request for a Sample Copy of This Research Report @ https://bit.ly/2Sq903X Request for customization this report @ https://bit.ly/2UPclLq

  5. Major Companies In Unified Communications and Collaboration (UCC) market : • Avaya • Mitel • Microsoft • Cisco • NEC • ALE • Huawei • Unify • RingCentral • BT • West • 8x8 • Orange • Verizon • Google • Nextiva • Genesys • Star2Star • Vonage

  6. Regional Unified Communications and Collaboration (UCC) market : • In terms of regional contribution, Europe UCC market is set to grow at a CAGR of 10% over the forecast timeline owing to extensive adoption of BYOD technologies in major business corporations across the region. Over 40% of the mid-sized firms across Europe have deployed unified communications. Incorporation of unified communications has resulted in improved project management, faster problem solving, better team collaboration, and enhanced customer experience.

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