Unified Communication As A Service Market Worth by Value, CAGR and Forecast by 2021!

Big Market Research added a report on “Global Unified Communication As A Service (UCaaS) Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”

Unified communications as a Service (UCaaS) Market refers to a delivery model in which several communication and collaboration applications and services are outsourced to a third-party provider over an IP network, particularly the public internet. (UCaaS) technologies include enterprise messaging, telephony and video conferencing. A lot of companies adopt UCaaS to minimize capital and operational expenses associated with a unified solution.

The market is segmented on the basis of component, application, enterprise size and geography. Based on component, the market is divided into telephony, messaging, conferencing and collaboration applications. By application, the market is categorized into banking, financial services and insurance (BFSI), retail, telecom & IT, government, healthcare, hospitality and others (logistics and transportation). On the basis of enterprise size, the global industry is broadly classified into small enterprises, medium enterprises and large enterprises. Geographically, the global market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

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Market Dynamics:

Drivers:

Growing need for advanced communication solutions such as encrypted communication, integrated tactical communication systems, edge devices, and very high frequency radios

Rise in technological advancements in the developed regions and massive spending on defense sector by emerging super-powers such as Russia, India, China, Brazil, Japan, and many others

Restraints:

High cost of system-design and precise customization for varied forces

Market Players:

The top players in the global military communications market include Raytheon Company, Thales SA, Lockheed Martin Corporation, Tactical Communications Group, LLC., BAE Systems PLC, Northrop Grumman Corporation, Harris Corporation, L-3 Communications Holdings, Inc., Ultra Electronics, and ViaSat, Inc.

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MARKET LANDSCAPE

By Application

o Command & Control

o Movement & Manoeuvre

o Real-time Awareness

o Others

By Component

o Radio

o SATCOM

o Intercom Networks

o Software Suits

By Deployed platform

o Airborne

o Manpack/Vehicular (Land)

o Navy fleet

o Under Water

By Geography

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Taiwan
  • Lamea
    • Brazil
    • Turkey
    • Venezuela
    • Saudi Arabia

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