The Asia-Pacific unified communication-as-a-service market is estimated to grow at a CAGR of 12.5% during the forecast period of 2015-2020. The market has been broadly classified by vertical, component, organization size, and geography. Among verticals, the BFSI segment is estimated to account for the largest share of the Asia-Pacific unified communication-as-a-service in 2016. However, the healthcare vertical is expected to grow at the highest CAGR of 13.6% during the forecast period.
Increase in the integration of multiple communication tools and low deployment & service cost, along with preference of pay-per-use model, are the factors driving the growth of the Asia-Pacific unified communication-as-a-service market. Moreover, to ensure data security, use of UCaaS platform is more prevalent as enterprises are able to use different architectures to communicate. It empowers each channel to encrypt the information that is being transferred across the networks. As a result, the information cannot be decrypted by malicious attackers.
In 2016, China is estimated to lead Asia-Pacific unified communication-as-a-service market with a market share of 20.4%. It is expected to grow at a CAGR of 13.4% during the forecast period 2016 to 2021. China has been leading the Asia-Pacific unified communication-as-a-service market because of the high popularity of the pay-per-use based pricing model in this country. It facilitates the best-in-class approach for each communication application and a single platform for most communication processes. In Australia, the UCaaS market is anticipated to grow at a significant pace during the forecast period owing to the high level of penetration of UCaaS in SMBs and increasing demand for BYOD and enterprise mobility.
Mitel Networks Corporation (U.S.), Avaya (U.S.), Cisco (U.S.), Microsoft (U.S.), and Vodafone Group Plc (U.K.) are the key players operating in the Asia-Pacific unified communication-as-a-service market.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging- and high-growth segments of the Asia-Pacific unified communication-as-a-service market, high-growth countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help them in garnering a greater market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on UCaaS solutions and services offered by the top 10 players in the Asia-Pacific UCaaS market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the market.
- Market Development: Comprehensive information about lucrative emerging markets.
- Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the market.
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading market players.
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