Hosted private branch exchange PBX, also known to as virtual PBX, permits businesses to use sophisticated telephone systems without devoting in the telecom equipment. The call platform is hosted at the location of service providers. The hosted PBX enables employees to work from home or their cellphones and still be linked to the office telephone system.
MARKET DYNAMICS
The substantial cost savings in telecom infrastructure it offers to companies is one of the major factors driving the growth of the hosted PBX market. However, the disruptions on the internet are one of the major factors which may restrain the growth of the hosted PBX market. Nevertheless, the increasing number of companies are opting for these services, which is anticipated to boost the growth of the hosted PBX market.
MARKET SCOPE
The "Global Hosted PBX Market Analysis to 2028" is a specialized and in-depth study of the Hosted PBX market with a special focus on the global market trend analysis. The report aims to provide an overview of Hosted PBX market with detailed market segmentation by component, organization size, vertical. The global Hosted PBX market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Hosted PBX market players and offers key trends and opportunities in the Hosted PBX market.
MARKET SEGMENTATION
The global Hosted PBX market is segmented on the basis of component, organization size, vertical. On the basis of component, the market is segmented as solution, services. On the basis of organization size, the market is segmented as large enterprises, small and medium-sized enterprises. On the basis of vertical, the market is segmented as IT, BFSI, healthcare, manufacturing, retail, government and public sector, education, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Hosted PBX market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Hosted PBX market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Hosted PBX market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Hosted PBX market in these regions.
MARKET PLAYERS
The reports cover key developments in the Hosted PBX market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Hosted PBX market are anticipated to lucrative growth opportunities in the future with the rising demand for Hosted PBX market. Below mentioned is the list of few companies engaged in the Hosted PBX market.
The report also includes the profiles of key Hosted PBX market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Cisco Systems, Inc.
- AT&T Inc.
- BT Group plc
- Mitel Networks Corp
- 8x8, Inc.
- Comcast Corporation
- MegaPath
- CenturyLink
- RingCentral
- XO Communications, LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.