India Unified Communications and Collaborations Market 2017-2023

India Unified Communications and Collaborations Market (2017-23): Market Forecast By Solution Types (Voice, Video, Message and Others), Verticals (BSFI, Logistics & Transportation, Government and Public Utilities, Retail, Hospitality & Healthcare, Commercial Offices & IT/ITeS and Education) Regions (Northern, Southern, Eastern and Western) and Competitive Landscape

Unified communications (which primarily include voice, video and messaging based communications) and collaboration market in India is registering healthy growth year-over-year. India unified communications and collaboration market is buoyed by several factors such as growing demand for better communication models, increasing penetration of internet and growing awareness among several end user industries. Growth in Small and Medium Enterprises (SMEs) and demand from various verticals are also driving the growth of the market.

India unified communications and collaboration market is projected to grow at a CAGR of over 12% during 2017-23. India unified communications and collaboration market is growing steadily year-over-year owing to growing internet penetration in the country. Unified communications and collaboration solutions have emerged as cost saving solutions providing effective collaboration thereby increasing productivity and better ROIs. Additionally, attributed to government initiatives towards Digital India, end users are investing towards the deployment of unified communication solutions, predominantly Ministries of India, Public Sector Units (PSUs), banking institutions and education institutions.

While voice remains the primary means of communication, however video based unified communications registered maximum market share in terms of revenues. With rising adoption of video conferencing across all major verticals, it is expected that video based unified communications would dominate the market over the coming years.In terms of vertical, Banking, Financial Services and Insurance (BFSI) registered highest contribution in unified communications and collaboration market followed by education, government & public utilities and others.

The report thoroughly covers unified communications and collaboration market by technology & sub-segments, verticals and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Related Research Reports: India Telecommunications Market

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