1. Unified Communications Market 2016 – 2023

2. Global Market Scenario of Unified Communications
Unified Communications Market size was USD 34.8 billion in 2015 with revenue estimates of over USD 95 billion by 2023.
Growing enterprise mobility due to BYOD adoption will favor growth prospects in the coming years. Global Bring Your Own Device (BYOD) market size is set to exceed USD 365 billion by 2023.
Long-term cost savings along with increased workforce efficiency are among major global Unified Communication Market growth trends.
Ubiquitous smartphone demand has paved the way for the use of these devices as business communication tools. This is likely to propel global unified communications market size through the forecast timeframe.

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High capital expenditure may hamper the industry, since the presence of a robust network infrastructure is crucial for UC components such as video conferencing, document-based collaboration, Communications Enabled Business Process (CEBP), etc.
Lack of interoperability between different platforms is also a restraint for overall unified communications market size.
This may include need for compatibility within the enterprise, between the enterprise and customers or partners, or between mobile and fixed devices among others.
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4. Europe unified communications market size, by application, 2012 - 2023 (USD Billion)

5. 360° Analysis Application Analysis
Global UCaaS market size will grow at 16.4% CAGR from 2016 to 2023, since it eliminates infrastructure cost along with offering a centralized management system wherein services are provided by means of the cloud.
Regional Analysis
Demand from the U.S. unified communications market resulted in North America accounting for over 35% of the global revenue generation in Asia Pacific UC industry is predicted to grow at 15% CAGR from 2016 to This is mainly due to considerable population base and the advent and popularity of high speed data networks in India and China.  
Competitive Market Share
Major companies contributing to global unified communications market share are Cisco Systems, Microsoft Corporation, Avaya Inc, and Alcatel-Lucent. The industry is characterized by intense competition between these players for achieving product differentiation on the basis of quality. This has also resulted in increasing consolidation through strategic initiatives such as mergers, acquisitions, and partnerships.
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6. Latest Research Report On Unified Communications Market @ https://www
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