Fixed Business Voice Platforms And Services Market Scope
Fixed Voice Services primarily give voice connectivity to enable interaction with external parties like the public or business partners. Increasingly through services like unified communications this tower will also deliver flexibility in ways of working (e.g. enabling activity based working) and progressed collaboration capabilities. The objective being to accelerate and enhance interactions between the Qualified staff, the public and other businesses members. Fixed business voice platforms and services offer real-time voice, video conferencing over enterprise network.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Unify Inc. (Germany), Vodafone Limited (United Kingdom), AltoTelecom Call Center VoIP (United States), Digicel (Jamaica) and Nurango (Canada) |
CAGR | 11.3% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development, which is likely to encourage the growth of the global market throughout the forecast period. Research Analyst at AMA estimates that France Players will contribute to the maximum growth of Global Fixed Business Voice Platforms And Services market throughout the predicted period.
Unify Inc. (Germany), Vodafone Limited (United Kingdom), AltoTelecom Call Center VoIP (United States), Digicel (Jamaica) and Nurango (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Orange Business Services (France), Alcatel-Lucent Enterprise (Nokia) (France) and Cisco Systems (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Fixed Business Voice Platforms And Services market by Type , by Application (IT & Telecommunication, Healthcare, BFSI, Retail and Manufacturing) and Region with country level break-up.
On the basis of geography, the market of Fixed Business Voice Platforms And Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2020 ,Nokia announces first phase of its new strategy, changes to operating model and Group Leadership Team New company strategy to be shared in three phases, starting today; new operating model to be effective January 1, 2021, designed to better position company for changing markets and align with customer needs
In August 2023, Salesforce announced general availability of Starter, a simple all-in-one CRM app bringing sales, service, and marketing capabilities together to help small and growing businesses manage customer relationships, centralize key data, and grow more efficiently.
Influencing Trend:
Increase in the Use of IoT Solutions and Growing Demand for High-Speed Connectivity and Communication
Market Growth Drivers:
Advancements in Technology, Increased Importance of Communication and Increased Shift to Sip Trunking & IP Centrex
Challenges:
Increasing the demand for IT and Telecommuncation
Restraints:
PSTN Shut-Off and Increased Working From Home
Opportunities:
Untapped Market of Developing Countries
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations, Fixed Business Voice Platforms And Services Provider and End-Use Industries