Market Forecast By Deployment Types (On-Premise, Cloud-Based and Hybrid), By Components (Telephony, Unified Messaging, Conferencing, Services & Tools and Others), By Organization Size (SME and Large Enterprise), By End Users (IT and Telecom Sector, Banking & Finance Services, Healthcare, Retail, Manufacturing, Education, and Government), By Countries (the US, Canada and Rest of North America) and Competitive Landscape.
Product Code: ETC000814 | Publication Date: Sep 2019 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Unified Communications Market |
Forecast period | 2024-2030 |
CAGR | 17.7% |
Growing Sector | IT and Telecom Sector |
The North America Unified Communications Market report thoroughly covers the market by deployment types, components, organization size, end users and countries. The analysis provides a comprehensive and detailed description of current market trends, growth projections, and market drivers. This aids stakeholders in planning and aligning their market strategies according to the prevailing and future market scenarios.
The North American Unified Communications market is expanding rapidly, driven mostly by demand from industries such as IT and Telecom, Banking & Finance Services, Healthcare, Retail, Manufacturing, Education, and Government. The main drivers are the growing demand for effective unified communications and the integration of numerous components such as telephone, unified messaging, conferencing, services and tools, and others into sophisticated systems. With on-premise, cloud-based, and hybrid deployment options, unified communications is appropriate for a wide range of applications, resulting in significant market growth. Collaboration with global unified communication providers, combined with local innovation, promotes the development of diversified unified communications. The market's emphasis on quality, sustainability, and user ease demonstrates its dedication to better unified communications.
According to 6Wresearch, the North America Unified Communications Market size is predicted to grow at a substantial CAGR of 17.7% during the forecast period 2024-2030. The Unified Communications market in North America is influenced by several variables. Customers are increasingly seeking effective and environmentally friendly unified communication solutions. Unified communications are becoming increasingly popular due to their durability and environmental benefits. Furthermore, there is an increasing understanding of the benefits of powerful unified communications, such as efficiency, longevity, and reduced maintenance requirements. Furthermore, the market share of Unified Communications is growing due to its versatility in a wide range of applications, as well as the relevance of safety and environmental standards in many sectors. To summarise, the North American Unified Communications market is expanding as a result of the convergence of long-term trends, consumer preferences, product benefits, and industry standards.
However, the North American Unified Communications Market has difficulties that may limit its expansion. These problems include variable raw material costs, strict environmental requirements, and complex supply chain management. Rapid changes in market patterns, along with the need for ongoing innovation, exacerbate these issues. Disruptions to the global unified communications supply chain could have a substantial influence on market growth. These problems must be met by strategic alliances, R&D investments, strong supply chain management, and adaptable responses to market complexity.
Siemens, ABB, and Schneider Electric are some of the leading players in the North American unified communications industry. These companies are renowned for their expertise in manufacturing high-quality unified communications for a wide array of applications.
Government laws are critical to guaranteeing fair trade practices, environmental sustainability, and high quality standards in the Unified Communications business. North American governments have enacted legislation in several areas of the Unified Communications industry to protect consumers and promote ethical business activities. These restrictions may include manufacturing methods, quality standards to ensure high product quality, and labelling regulations to increase product transparency. Furthermore, government rules requiring sustainable practices in the creation and processing of unified communications may help to mitigate environmental concerns. Companies in the North American Unified Communications market must follow these guidelines in order to retain their reputation and satisfy their customers.
The North American Unified Communications market is predicted to grow rapidly in the future years, driven by factors such as digital transformation, infrastructure expansion, and increased use of digital solutions. As the emphasis on improving communication efficiency grows, demand for unified communications is predicted to skyrocket in areas such as IT, telecom, finance, healthcare, retail, manufacturing, education, and government. The use of contemporary unified communication technology to increase process control, close communication gaps, and improve overall operational performance is expected to move the sector forward.
According to Dhaval, Research Manager, 6Wresearch, On-Premise deployment is the market category that is predicted to grow the highest. On-premise solutions offer high levels of security and control, allowing organisations to host and operate their communication systems on their own network.
Unified messaging is expected to be the fastest-growing market segment based on components. Unified messaging combines many modes of communication, such as e-mail, SMS, fax, voicemail, and video messaging, into a single platform.
SMEs are expected to be the fastest growing market segment by organization size. SMEs are increasingly adopting unified communication solutions to reduce communication costs, ensure business continuity, and enhance collaboration.
The IT and Telecom sector is expected to expand the most. In this sector, unified communications provide a way to combine all the communications a business may use into one single, accessible solution.
The US is the market segmentation that is projected to grow at the highest rate. This is largely due to the widespread adoption of unified communication solutions across various sectors and the presence of major market players in the country.
The North America Unified Communications Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Unified Communications Market Overview |
3.1 North America Unified Communications Market Revenues, 2020-2030F |
3.2 North America Unified Communications Market Revenue Share, By Deployment Types, 2020 & 2030F |
3.3 North America Unified Communications Market Revenue Share, By Components, 2020 & 2030F |
3.4 North America Unified Communications Market Revenue Share, By Organization Size, 2020 & 2030F |
3.5 North America Unified Communications Market Revenue Share, By End Users, 2020 & 2030F |
3.6 North America Unified Communications Market Revenue Share, By Regions, 2020 & 2030F |
3.7 North America Unified Communications Market Industry Life Cycle |
3.8 North America Unified Communications Market- Porter's Five Forces, 2023 |
4 North America Unified Communications Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Unified Communications Market Trends |
6 North America Unified Communications Market Overview, By Deployment Types |
6.1 North America Unified Communications Market Revenues, By On-Premise, 2020-2030F |
6.2 North America Unified Communications Market Revenues, By Cloud-Based, 2020-2030F |
6.3 North America Unified Communications Market Revenues, By Hybrid, 2020-2030F |
7 North America Unified Communications Market Overview, By Components |
7.1 North America Unified Communications Market Revenues, By Telephony, 2020-2030F |
7.2 North America Unified Communications Market Revenues, By Unified Messaging, 2020-2030F |
7.3 North America Unified Communications Market Revenues, By Conferencing, 2020-2030F |
7.4 North America Unified Communications Market Revenues, By Services and Tools, 2020-2030F |
7.5 North America Unified Communications Market Revenues, By Others, 2020-2030F |
8 North America Unified Communications Market Overview, By Organization Size |
8.1 North America Unified Communications Market Revenues, By SME, 2020-2030F |
8.2 North America Unified Communications Market Revenues, By Large Enterprise, 2020-2030F, 2020-2030F |
9 North America Unified Communications Market Overview, By End Users |
9.1 North America Unified Communications Market Revenues, By IT and Telecom Sector, 2020-2030F |
9.2 North America Unified Communications Market Revenues, By Banking and Finance, 2020-2030F |
9.3 North America Unified Communications Market Revenues, By Healthcare, 2020-2030F |
9.4 North America Unified Communications Market Revenues, By Retail, 2020-2030F |
9.5 North America Unified Communications Market Revenues, By Manufacturing, 2020-2030F |
9.6 North America Unified Communications Market Revenues, By Education, 2020-2030F |
9.7 North America Unified Communications Market Revenues, By Government, 2020-2030F |
10 US Unified Communications Market Overview |
10.1 US Unified Communications Market Revenues, 2020-2030F |
10.2 US Unified Communications Market Revenues, By Deployment Types, 2020-2030F |
10.3 US Unified Communications Market Revenues, By Components, 2020-2030F |
10.4 US Unified Communications Market Revenues, By Organization Size, 2020-2030F |
10.5 US Unified Communications Market Revenues, By End Users, 2020-2030F |
11 Canada Unified Communications Market Overview |
11.1 Canada Unified Communications Market Revenues, 2020-2030F |
11.2 Canada Unified Communications Market Revenues, By Deployment Types, 2020-2030F |
11.3 Canada Unified Communications Market Revenues, By Components, 2020-2030F |
11.4 Canada Unified Communications Market Revenues, By Organization Size, 2020-2030F |
11.4 Canada Unified Communications Market Revenues, By End Users, 2020-2030F |
12 Rest of North Americas Unified Communications Market Overview |
12.1 Rest of North Americas Unified Communications Market Revenues, 2020-2030F |
13 North America Unified Communications Market Opportunity Assessment |
13.1 North America Unified Communications Market Opportunity Assessment, By Deployment Types, 2030F |
13.2 North America Unified Communications Market Opportunity Assessment, By Organization Size, 2030F |
13.3 North America Unified Communications Market Opportunity Assessment, By Components, 2030F |
14 North America Unified Communications Market Competitive Landscape |
14.1 North America Unified Communications Market Revenue Share, By Companies, 2023 |
14.1.1 US Unified Communications Market Revenue Share, By Companies, 2023 |
14.1.2 Canada Unified Communications Market Revenue Share, By Companies, 2023 |
14.2 North America Unified Communications Market Competitive Benchmarking, By Operating Parameters |
15 Company Profiles |
16 Strategic Recommendations |
17 Disclaimer |