Skip to main content

Corporate Telephony Market Revenue, Trends, Players, Demand and Opportunities by 2023

Corporate telephony market is witnessing a steady growth with the evolution in IP-PBX technology and is gaining widespread adoption in large and, small and medium enterprises (SMEs). Small and medium enterprises are highly price sensitive and value products that can drastically cut down the operating cost of an enterprise. Large enterprises are putting emphasis on IP based telephony to streamline communication across multiple locations.


Corporate Telephony Market Revenue, Trends, Demand and Opportunities by 2023Corporate telephony market in IT accounts for the largest revenue. IT industry and BFSI are investing heavily in corporate telephony to provide an effective flow of communication among employees for smooth workflow. The market in healthcare is expected to show a robust growth during the forecast period, as healthcare institutes are adopting latest technology for communication to share details of chronic diseases among health professionals working across geographies.

The increasing investment in corporate telephony by IT and BFSI is one of the major prime growth factors driving the corporate telephony market. It also makes a major impact in government process, as it enhances the working efficiency of officials and staff by providing effective communication for better services in a timely manner. The growing need for unified communication in enterprises is one of the major factors driving the corporate telephony market.

Use of corporate telephony facilitates communication with organizations to increase the productivity of employees. Unified communication is also used to provide emergency services and act as auto attendant for incoming calls.


Key market players such as Cisco Systems Inc., NEC Corporation, Microsoft Corporation, and IBM Corporation seek to gain market share through continuous innovations in communication technology. Some of the other key players operating in the market are Avaya, Mitel, Unify, Toshiba Corporation, Interactive Intelligence and Siemens AG.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. 

Contact: 
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455

Comments

Popular posts from this blog

Conditional Access System (CAS) Market Size, Share, Trends, Key Players, Demand and Opportunities by 2023

Conditional access systems (CAS) refer to content protection solutions used widely to control unauthorized contents or intruders to access to audio and video content. Generally, these systems are installed at the receiving end of audio and video such as digital set-tops boxes of the consumers. One of the most dominant factors driving the  conditional access system market  is the analog to digital transformation of the TV transmission in developing countries of the Asia Pacific. Request for a free sample copy of this research report @  https://www.psmarketresearch.com/market-analysis/conditional-access-system-market/report-sample With the growing demand of digital setup boxes from tier2 and tier3 cities of India and China the global conditional access market is expected to grow in coming years. Moreover the advancement in wireless broadcasting and media industry in the developed markets in Europe and North America is also expected to increase the demand of control access system

Asia-pacific (APAC) Commercial Refrigeration Equipment Market Size, Share and Growth Drivers by 2023

The  APAC commercial refrigeration equipment market  is projected to reach $24.4 billion by 2023 and and is forecasted to witness a CAGR of 9.3% during 2018–2023. Growing food and beverage industry, and increasing urbanization are the key factors driving market growth. Request for a free sample copy of this research report @  https://www.psmarketresearch.com/market-analysis/asia-pacific-commercial-refrigeration-equipment-market/report-sample On the basis of end user, the APAC commercial refrigeration equipment market has been categorized into hotels/restaurants & catering, supermarkets, hypermarkets, convenience stores, e-commerce and others, wherein ‘others’ include hospitals; educational institutions; large pharmaceutical stores; and medical and life sciences. In terms of value, China dominated the APAC commercial refrigeration equipment market, during the historical period and is expected to continue holding the largest share, during the forecast period. This is attribut

Distributed Fiber Optic Sensor Market Analysis, Future Trends, Key Players and Growth Drivers by 2023

The global  distributed fiber optic sensor market  is likely to reach $1,970.1 million by 2023, growing at a CAGR of 15.0% during the forecast period. Distributed fiber optic sensors overcome the built-in constraints of traditional technologies such as thermocouples and strain gauges. Distributed fiber optic sensors enable monitoring solutions with exceptional benefits for the safety of society and critical assets, especially when monitoring in inhospitable environments or remote locations. Request for a free sample copy of this research report @  https://www.psmarketresearch.com/market-analysis/distributed-fiber-optic-sensor-market/report-sample Some of the factors like increasing adoption of distributed fiber optic sensors in oil and gas and soaring demand from the civil engineering vertical are expected to propel the growth of global distributed fiber optic sensor market in near future. Based on application, distributed fiber optic sensor market can be classified into tempera