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Unified Communications as a Service (UCaaS) Market Share

Report ID: GMI5344
Published Date: Sep 2022
Report Format: PDF

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Unified Communications as a Service Market Share

Notable players participating in the UCaaS market include

Microsoft Corporation
Zoom Video
Cisco
NEC Corporation

These companies have been strengthening their industry position by implementing necessary strategic measures such as M&A, collaborations, partnerships, and others to improve the existing offering and introduce new products.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of Unified Communications as a Service (UCaaS) surpassed USD 25 billion in 2021 and is likely to exhibit over 20% CAGR between 2022 and 2030, driven by the notable surge in mobile internet users globally.

The video conferencing segment is expected to expand at more than 25% growth rate from 2022 to 2030 due to the proliferation of remote working trends.

The group communication segment of Unified Communications as a Service (UCaaS) market is anticipated to approximately 20% gains through 2030 and is set to progress lucrative revenues by 2030 due to the emergence of conversational businesses across the globe.

Major companies participating in the UCaaS market include Microsoft Corporation, Zoom Video, Cisco, and NEC Corporation.