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Unified Communications as a Service (UCaaS) Market Size
- Report ID: GMI5344
- Published Date: Sep 2022
- Report Format: PDF
Unified Communications as a Service Market Size
Unified Communications as a Service Market size surpassed USD 25 billion in 2021 and is expected to grow at around 20% CAGR between 2022 and 2030. The notable surge in mobile internet users globally, driven by the increasing penetration of smartphones and other connected devices, may propel the demand for the UCaaS cloud model.
According to the latest estimates by the International Telecommunication Union, approximately 4.9 billion people had access to the Internet in 2021, dominating with almost 63% of the world population. These figures depict the growth of about 17% since 2019, with an estimated 800 million people coming online during 2019 and 2021. The evolution of mobile devices from merely being a means for voice communication to smart devices with multi-function capabilities has encouraged enterprises to deploy these devices as an advanced means of communication in business environments, stimulating the unified communications as a service market outlook.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Unified Communications as a Service Market Size in 2021: | 25 billion (USD) |
| Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 20% |
| 2030 Value Projection: | 150 billion (USD) |
| Historical Data for: | 2018 to 2021 |
| No. of Pages: | 327 |
| Tables, Charts & Figures: | 629 |
| Segments covered: | Offering, Enterprise Size, Architecture, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Unified Communications as a Service Market Scope
