Hosted PBX Market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The report covers all the major trends and technologies playing influential role in the hosted PBX market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to impact market’s growth during the said period.
Albany, NY -- (SBWIRE) -- 06/09/2017 -- With the increasing enterprise size, need for robust communication tools has also increases. Such factors have resulted in the increase in demand of hosted PBX market in Canada. The hosted PBX market in Canada is expected to experience higher demand during the forecast period 2017 to 2025. Considering this fact, a new research report titled "Hosted PBX Market - Canada Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025" has been recently published on the huge online repository of Market Research Reports Search Engine (MRRSE). This report is a professional and in-depth analysis of the present situation as well as the future outlook of the Hosted PBX Market in Canada.
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The report predicts that the Hosted PBX Market in Canada will surge at a remarkable CAGR of 18.2% during the forecast period 2017 to 2025, reaching US$1.75 billion by 2025. Factors responsible for this growth are rising demand for enterprise mobility and workforce and the multiple benefits offered by hosted PBX services such as elimination of additional set up costs and minimized operational expenses. Increasing adoption of wireless services in small, medium and large enterprises is also likely to fuel the demand for hosted PBX market in Canada.
This report identifies the market dynamics such as drivers, restraints, risks and opportunities that influence the present nature and future prospects of this market along with the major indicators and trends. An attractiveness analysis has also been included for each segment and sub-segment in the report, in order to provide a thorough understanding of the overall scenario in the hosted PBX market in Canada. Additionally, the study provides an overview of different strategies adopted by the key players operating in the Canadian market. It also provides all the vital information required to understand the major developments of different segments and sub-segments and companies' business strategies to efficiently compete in the market.
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The hosted PBX market in Canada is broadly classified on the basis of enterprise size and end-use application. On the basis on enterprise size, the market is bifurcated into small and medium enterprises and large enterprises. Based on application, the major segments in the Canadian hosted PBX market are telecom and IT, banking, financial services and insurance (BFSI), healthcare, government, hospitality, retail, education and others. The prominent vendors engaged in the hosted PBX market in Canada are 3CX, Bell Canada, BroadConnect Technologies Inc., Mitel Networks Corporation, Cisco Systems Inc., Microsoft Corporation, Alpha Telecom Services Inc., Allstream Inc., Birch Communications, Voysis IP solution Inc., AstraQom International, Ringcentral and Telus Communications. Details such as business strategies, SWOT analysis and product offerings have also been provided in the research report.
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