Unified Communications Market to Grow Due to Rising Adoption of Bring Your Own Device (BYOD) Policy by a Number of Enterprises

The report begins by presenting the definition of the market and provides an introduction to unified communications for presenting a better understanding of the overall market. Further,

 

Albany, NY -- (SBWIRE) -- 11/06/2015 -- Market Research Reports Search Engine (MRRSE) has announced that its repository now features a report titled "Unified Communications Market - Global Industry Analysis, Size, Share, Trends and Forecast 2012 - 2018". The report, by Transparency Market Research, forecasts that the global unified communications market was valued at US$22.8 bn in 2011 and is expected to reach US$61.9 bn by 2018. The market will expand at a remarkable CAGR of 15.7% from 2012 to 2018. This report presents a comprehensive analysis of the market for unified communications and the evaluation is based on the type of unified communication, end use, and geographical segmentation. This study presents market estimates for each of the market segments and elaborates upon the influence of numerous factors on these segments.

Browse Full Global Unified Communications Market Report with TOC: http://www.mrrse.com/unified-communications-market

The report covers the key factors fuelling the market for unified communications. The rising mobile workforce and enterprise mobility is driving the market. In addition, the market is also stimulated by the rising introduction of mobile devices, coupled with the rising adoption of Bring Your Own Device (BYOD) policies by a number of enterprises. Furthermore, the rising demand for video as a source of communication and video-enabled desktops are also fuelling the unified communications market. Likewise, the report also elaborates on the major factors restraining the growth of the market. Factors such as the soaring costs associated with the initial investment of unified communications and the absence of interoperability amongst multi-vendor Uc platforms are the prime factors inhibiting the growth of the market.

Moving further, the report analyzes the market with the help of analytical tools, including Porter's five forces analysis, elaborating on the suppliers' bargaining power, the threat posed by new entrants, customers' bargaining power, and the threat posed by substitutes. In the fourth chapter of the report, the market has been analyzed on the basis of type and is segmented into on-premise unified communications and cloud-based or hosted unified communications. The report also highlights the numerous end-use application segments such as healthcare, government, education, enterprises, and other sectors. The key regions analyzed under this study include Europe, North America, Asia Pacific, and Rest of the World (RoW).

In the next part, the report describes the competitive landscape of the unified communications market, including business strategies and market positioning of the prime players operating in the market in the forecast horizon. The prime players studied in this report include Cisco Systems Inc., Avaya Inc., International Business Machines (IBM) Corporation, Alcatel-Lucent, Microsoft Corporation, Siemens Enterprise Communications GmbH and Co. Kg, Polycom Inc., and NEC Corporation, among others.

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