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COVID-19 Impacts: Cloud-based PBX Market will Accelerate at a CAGR of over 18% through 2020-2024|Growing Adoption Of Cloud-based Solutions to Boost Growth|Technavio


Technavio has been monitoring the cloud-based PBX market and it is poised to grow by USD 23.89 bn during 2020-2024, progressing at a CAGR of about 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Avaya Holdings Corp., Cisco Systems Inc., Fusion Connect Inc., LogMeIn Inc., Microsoft Corp., NEC Corp., Nextiva Inc., Panasonic Corp., RingCentral Inc., and Vonage Holdings Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing adoption of cloud-based solutions has been instrumental in driving the growth of the market.

Cloud-based PBX Market 2020-2024 : Segmentation

Cloud-based PBX Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41352

Cloud-based PBX Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our cloud-based pbx market report covers the following areas:

This study identifies the increased popularity of VoLTE among enterprises as one of the prime reasons driving the cloud-based PBX market growth during the next few years.

Cloud-based PBX Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the cloud-based PBX market, including some of the vendors such as Avaya Holdings Corp., Cisco Systems Inc., Fusion Connect Inc., LogMeIn Inc., Microsoft Corp., NEC Corp., Nextiva Inc., Panasonic Corp., RingCentral Inc., and Vonage Holdings Corp. Backed with competitive intelligence and benchmarking, our research reports on the cloud-based PBX market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Cloud-based PBX Market 2020-2024 : Key Highlights

Table Of Contents :

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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