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Unified Communications and Collaboration Market size exceeded USD 45 billion in 2021 and is poised to register gains at over 10% from 2022 to 2028. Single flexible infrastructure of UCC, which allows a single unified interface to handle all communications, making it highly easy to manage the communication infrastructure is likely to fuel the industry growth.
Enterprises can even choose to have no hardware infrastructure on-site and still access all the communication channels in the UCC system that sits on the cloud. Due to the flexibility offered by such solutions, enterprises can scale up their communication requirements during peaks in user requests and processing functions, propelling the demand for UCC solutions.
The UCC industry has received a strong impetus amid the ongoing COVID-19 pandemic. The market acceleration in UCC space has been substantial as enterprises are exhibiting increased deployment of UCC tools and services, ensuring business continuity and secure communications during the pandemic. For instance, in 2020, Zoom Video Communications, Inc. reported a 370% increase in UCC tool sales compared to 2019. Similarly, Microsoft Teams crossed 145 million active users in April 2021, a 26% increase compared to October 2020.
Report Attribute | Details |
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Base Year: | 2021 |
Unified Communications & Collaboration (UCC) Market Size in 2021: | 45 Billion (USD) |
Forecast Period: | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR: | 10% |
2028 Value Projection: | 100 Billion (USD) |
Historical Data for: | 2018 to 2020 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 446 |
Segments covered: | Platform, Deployment Model, Application and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The U.S. telephony segment is poised to generate around USD 9 billion revenue by 2028. The technology is widely used as it can be easily set up by SMEs and integrated with CRM by enterprises. Telephony has evolved to become progressively more efficient and technologically advanced.
The UK IP phones segment is predicted to account for about 55% of the UCC market share by 2028 owing to reduced cost of establishing the required IT infrastructure. Organizations across the UK are now adopting cloud-based VoIP services as they are cost-effective and companies offer packaged services. Innovation leaders as they customize solutions for the corporate and individual consumer sectors is further augmenting the industry growth. This has resulted in the market expansion of network infrastructure and cloud-based models for IP phones.
In Japan unified communications and collaboration market, the hybrid cloud segment is expected to grow at above 25% CAGR through 2028. The hybrid cloud deployment model comprises features of both cloud and on-premise cloud to enable secure, scale, and provide on-demand access to manage workloads for enterprises. One of the most important benefits of the hybrid cloud is its workload mobility. Hybrid UCC deployment across large organizations has increased significantly for mobile & web development and offers disaster recovery services, boosting the market growth.
Increasing affinity in the nation’s cloud computing ecosystem, which occurred as a result of rapid growth in the technology sector and a rise in tech-savvy SMEs, has been conducive to hybrid UCC tools.
The IT& telecom sector in captured nearly 40% of the Germany unified communications and collaboration market revenue share in 2021. Increasing globalization that has brought an opportunity and need to utilize collaboration, unified messaging, and conferencing techniques & tools to establish a secure and reliable means of communication to make strategic decisions and improve productivity & efficiency of the business is enhancing the regional market demand. For instance, in July 2021, it was reported that European distribution sales of Unified Communications (UC) products have surged by 76% in Q1 2021 with Germany being a substantial region for industry expansion.
Europe unified communications and collaboration market is estimated to witness about 10% growth rate during 2022 to 2028. The regional industry is characterized by increased affinity toward BYOD and a spike in remote working instances exacerbated by the COVID-19 pandemic.
In Europe, various UCC service providers, such as Microsoft, Cisco, and Avaya, have introduced innovative unified communication solutions, meeting the needs of SMEs and large enterprises. Third-party app developers are creating mobile UCC client based on SIP and assist businesses whose UC technology does not support native mobile clients. Mobile phone manufacturers, telecom network operators, and third-party app developers are adding considerable market value.
Some of the key players operating in the UCC market are
The global industry is nearing consolidation as various key players, such as Microsoft, Cisco, Mitel, and IBM, are aggressively extending their presence by acquiring other players and diversifying their line of UCC solutions. Prominent industry participants are placing an ever-growing emphasis on delivering customer-specific UCC solutions, catering to the dynamic communication requirements of enterprises, especially during the peak of remote working amid the ongoing pandemic. The market for UCC also observed several strategic alliances between companies to launch new products with added functionalities, maintaining the revenue share & profitability.
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Market, By Deployment Model
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The above information has been provided for the following regions and countries: