© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Hosted Private Branch Exchange.

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Hosted Private Branch Exchange (PBX) Market predicted to grow exponentially by 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America dominates the hosted PBX market as the region is the largest purchaser of hosted PBX. These systems deliver efficient functioning capabilities such as enhanced web connectivity and efficient use of the office space and budgets expanding the adoption rate. Furthermore, a rise in the adoption of cloud services, IoT, and UC in the U.S. and the growth of the telecommunication sector also drives the hosted PBX market demand.  APAC is anticipated to grow at a high rate in the hosted PBX market as the region is witnessing a rapid transformation of its IT infrastructure with rapid digitalization. The trend of enterprise mobility in this region is also a major contributor to the market growth. APAC holds around 60% of the market share for enterprise mobility followed by the UK and the U.S, making it important for the region to upgrade its traditional systems to the hosted PBX system. Regional Analysis of Hosted Private Branch Exchange (PBX) Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Hosted Private Branch Exchange (PBX) Market :  The hosted PBX market systems are adopted in various application verticals including BFSI, IT & telecom, healthcare, manufacturing, government & public sectors, educational, and professional services. The healthcare industry is the major end-user of the hosted PBX systems as it delivers enhanced communication capabilities required for proper patient care. It provides features such as real-time communication, and instant messaging, allowing doctors to constantly stay connected with their patients at any time of the day, thus driving their market demand.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The hosted PBX market has been used for a wide array of services such as network traffic management services, virtual support, and assistance services, configuration and change management services, virtual deployments & setups, online charging services, protocol management services and emergency call routing services. The virtual deployment and setup services hold the largest market share as it assists the enterprises in deploying and setting up the entire hosted PBX and IP systems for efficient functioning at reduced operating cost. The protocol management services are projected to grow at the fastest rate over the forecast timespan as they provide the necessary parameters required for securely managing the protocols and establishing communication between IP phones and traditional phones with the highest voice quality. The service also reduces latency and delays thereby managing the information along with quality maintenance. Competitive Market Share of Hosted Private Branch Exchange (PBX) Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse Full Market Research Report On Hosted Private Branch Exchange (PBX) Request for an in-depth table of contents for this

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