Global Hosted Private Branch Exchange (PBX) Market, By Component (Solution, Services), Organization Size (SMEs, Large Enterprises), Service Category (Network Services, Managed Services, Security Services, Unified Communications Cloud and IT Services), Vertical (IT, BFSI, Healthcare, Manufacturing, Retail, Government and Public Sector, Real Estate, Professional Services, Education, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Hosted Private Branch Exchange (PBX) Market
Data Bridge Market Research analyses that the hosted private branch exchange (PBX) market will exhibit a CAGR of 13.8% for the forecast period of 2021-2028 and is expected to reach the market value of USD 14.06 billion by 2028.
Hosted private branch exchange (PBX) is a solution that reduces the expenses of installation, integration and subsequent maintenance of a private bank exchange. Due to specialized Volp providers hosting their private bank exchange and delivering their functionalities digitally, this private bank exchange delivery technique greatly reduces their VoIP expenses.
High requirement for mobility of enterprises and rise in the levels of utilisation for cloud and unified communication services are the major factors that will influence the market growth rate. Furthermore, growing focus on the requirement for upgradation from conventional mode of PBX to cloud based mode, low cost involved with deployment and installation are the factors that will accelerate growth of the hosted private branch exchange (PBX) market.
Moreover, innovations and advancement of technologies associated with the infrastructure and components of PBX will boost the beneficial opportunities for the hosted private branch exchange (PBX) market growth.
However, concern about the privacy of data and security with hosted private branch exchange (PBX) services are the factors that will hamper the hosted private branch exchange (PBX) market growth. Also, rising concerns about the quality of service (QOS) will challenge the growth of the hosted private branch exchange (PBX) market.
This hosted private branch exchange (PBX) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on hosted private branch exchange (PBX) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Hosted Private Branch Exchange (PBX) Market Scope and Market Size
The hosted private branch exchange (PBX) market is segmented on the basis of component, organisation size, service category and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of component, the hosted private branch exchange (PBX) market is segmented into solution and services. Services have been further sub-segmented into virtual deployment and setup, network traffic management, virtual assistance and support, configuration and change management, bandwidth management and optimization, online charging services, emergency call routing services, compliance management services and protocol management services.
- On the basis of organisation size, the hosted private branch exchange (PBX) market is segmented into SMEs and large enterprises.
- On the basis of service category, the hosted private branch exchange (PBX) market is segmented into network services, managed services, security services, unified communications cloud and IT services.
- On the basis of vertical, the hosted private branch exchange (PBX) market is segmented into IT, BFSI, healthcare, manufacturing, retail, government and public sector, real estate, professional services, education and others.
Hosted Private Branch Exchange (PBX) Market Country Level Analysis
The hosted private branch exchange (PBX) market is analysed and market size, volume information is provided by country, component, organisation size, service category and vertical as referenced above.
The countries covered in the hosted private branch exchange (PBX) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the hosted private branch exchange (PBX) market and will continue to flourish its trend of dominance during the forecast period due to the rapid adoption of wireless technologies and presence of e-learning tools in this region. Asia-Pacific will however, register the highest CAGR for this period due to the technological advancement in this region.
The country section of the hosted private branch exchange (PBX) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Hosted Private Branch Exchange (PBX) Market Share Analysis
The hosted private branch exchange (PBX) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hosted private branch exchange (PBX) market.
The major players covered in the hosted private branch exchange (PBX) market report are Cisco Systems, Inc.; AT&T Intellectual Property; BT; 8x8, Inc.; MegaPath; CenturyLink; Mitel Networks Corp.; Plantronics, Inc.; RingCentral, Inc.; Comcast; Verizon; Ozonetel; Nexge Technologies (P) Limited; BullsEye Telecom; TPx Communications; TELESYSTEM; Interglobe Communications Inc; 3CX; Vonage Holdings Corp.; Star2Star Communications; Nextiva; NovoLink Communications, Inc.; Datavo; Digium; NEC Corporation; Intermedia.net, Inc.; Atlantech Online, Inc.; ONEPIPE.IO SERVICES LIMITED; ClearlyCore; AVOXI, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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