|[June 11, 2018]
Global Hosted Private Branch Exchange Market Analysis & Forecasts 2017-2023, With an Expected CAGR of 14.3% - ResearchAndMarkets.com
Hosted Private Branch Exchange Market Analysis (2017-2023)"
report has been added to ResearchAndMarkets.com's
The Global Hosted Private Branch Exchange Market size is expected to
reach $9.3 billion by 2023, rising at a market growth of 14.3% CAGR
during the forecast period.
The traditional PBX (News - Alert), or Private Branch Exchange, requires significant
investment and ongoing maintenance and training. A hosted PBX on the
other hand is a cloud-based PBX system, which is accessible via an IP
network with no worries of hardware, software, training, maintenance,
and more. A user-friendly control panel is offered to manage the entire
telephony infrastructure, providing agility and flexibility of service.
The aforementioned reasons have led to the popularity of PBX systems and
are considered as viable solutions for growing small to medium-sized
businesses. Concerns related to security and privacy is expected to be a
factor that is expected to limit the growth of hosted PBX market.
However, recent developments, new product lanches, and acquisitions is
expected to open fresh opportunities to the market participants, and as
a result, driving the market growth.
Based on Type, the Hosted Private Branch Exchange market segments the
market into Services and Solution. Services Type includes Virtual
Deployment, Setup, Configuration & Change Management; Network Traffic
Management, Bandwidth (News - Alert) Management & Optimization; Virtual Assistance &
Support, Online Charging Services & Compliance Management Services,
Protocol Management Services, and Others. Based on Organization Size,
the market report segments the market into Small & Medium Enterprises
and Large Enterprises. Based on Vertical, the market report segments the
market into IT & Telecom, Government, BFSI, Manufacturing, Retail,
Healthcare, Education, and Others. Based on Regions, the Hosted Private
Branch Exchange market segments the market into North America, Europe,
Asia Pacific, and Latin America, Middle East & Africa.
Cisco Systems (News - Alert), Inc.
CenturyLINK Technology Solutions
Mitel (News - Alert) Networks
Verizon Communications, Inc.
Key Topics Covered:
1. Market Scope & Methodology
2. Market Overview
3. Global Hosted PBX Market
4. Global Hosted PBX Market by Organization Size
5. Global Hosted PBX Market by Vertical
6. Global Hosted PBX Market by Region
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/xxn9r5/global_hosted?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180611005724/en/
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