The higher degree of protection offered by mobile unified communication and collaboration services is likely to cause its market to surge at 11.3% CAGR in the forecast period (2018 to 2023). The on-going trend of bring your own device (BYOD) is expected to contribute to the escalation in the valuation of the global market.
In 2018, the market valuation was recorded at $25.42 billion. MRFR findings suggest, the mobile unified communication market to value at $47 billion by the end of the review period.
The IT sector is actively adopting mobile unified communication solutions due to their ability to provide improved business agility.
These solutions in enterprises are enhancing work flexibility and productivity. In addition, the internal management and collaboration among different departments of organizations are also observed to improve. These benefits of mobile unified communication and collaboration are expected to act as potential growth inducers of its market in years to come.
MRFR listed some key players of the global Covid-19 Impact on Mobile Unified Communication and Collaboration Market. They are; Cisco Systems Inc (US), Microsoft Corporation (US), Alcatel-Lucent (France), IBM Corporation (US), Siemens AG (Germany), Avaya Inc (US), Genband LLC (US), NEC Corporation (Japan), Mitel Networks Corporation (Canada), Telefonaktiebolaget LM Ericsson Class B (Sweden), Amazon.com Inc (US), AT&T Inc (US), BT Group plc (UK), Avanade Inc., CenturyLink Inc (US), BroadSoft Inc (US), HP Inc (US), Google Inc (US), Intel Corporation (US), Huawei Technologies Co Ltd (China), VMware Inc (US), Oracle Corporation (US), Vodafone Group Plc (UK), Verizon Communications Inc (US), Blue Jeans Network Inc (US), Tata Group (India), Comcast Corporation (US), Daegis Inc (US), Logitech international S.A (Switzerland), Level 3 Communications (US), Nuance Communications Inc (US), Plantronics Inc (US), Orange S.A (France), Sprint Corporation (US), Salesforce.com Inc (US), Telstra Corporation Limited (Australia), Symantec Corporation (US), Unisys Corporation (US), and others.
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The global Covid-19 Impact on Mobile Unified Communication and Collaboration Market is assessed by service, solution, organization size, and vertical. Unified messaging, conferencing, content, voice solution, and collaboration are solution-based segmemnts of the market.
Professional and managed services are solution-based segments of the market. The professional service segment accounts for consulting service, integration and deployment service, and maintenance & support. SMEs and large enterprises are organization size-based segments of the market. The vertical-based segments of the market are healthcare, BFSI, IT & telecommunication, media and entertainment, retail, and others.
In North America, the Covid-19 Impact on Mobile Unified Communication and Collaboration Market is expected to lead in the global market growth during the study years. The increase in the number of mobile unified solution providers and the growing adoption of cloud services across industries are factors that are expected to cause a surge in the North America market.
It is due to the demand for high speed connectivity and better internal management in organizations in the US, are expected to gain high substantial revenue for the regional market.
Similar growth propellers of the market are observed in Europe. The presence of numerous providers can boost the EU market growth. In addition, the existence of firm technological base is expected to add to the momentum of the regional market.
In Asia Pacific, the Covid-19 Impact on Mobile Unified Communication and Collaboration Market is expected to experience a sharp rise in valuation. Digitalization is expected to impact the APAC market. Increase in use of smartphones, and presence of strong connectivity providers in the region are expected to make significant contribution to the expansion of the APAC market.