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UCaaS Market in Europe
Europe ucaas market by component (conferencing, telephony, unified messaging), by organization size (large enterprises, small & medium enterprises (SMEs)), by end user (BFSI, education, healthcare, IT & Telecom, retail & consumer goods, transportation & logistics, travel & hospitality, others), by country (Benelux, France, Germany, Italy, Spain, UK, Rest of Europe), industry snapshot, 2022-2028
Unified communications as a service (UCaaS) is a category of “as a service” or “cloud” delivery mechanisms for enterprise communications. With UCaaS, businesses can realize the promise of a simpler, more cost effective way to communicate and collaborate. The ucaas in Europe market size is projected to grow by USD 8 billion from 2022 to 2028, registering a CAGR of 10.8 percent, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the Europe market, followed by a detailed analysis of the component, organization size, end user, and country. The Europe market data on ucaas can be segmented by component: conferencing, telephony, unified messaging. Ucaas market is further segmented by organization size: large enterprises, small & medium enterprises (SMEs). In Europe, the SMEs segment made up the largest share of the ucaas market. Based on end user, the ucaas market is segmented into: BFSI, education, healthcare, IT & Telecom, retail & consumer goods, transportation & logistics, travel & hospitality, others. On the basis of country, the ucaas market also can be divided into: Benelux, France, Germany, Italy, Spain, UK, Rest of Europe.
The Europe ucaas market is highly competitive. The ucaas market is dominated by key players, which are 8×8 Inc., BT Group plc, Cisco Systems Inc., Destiny NV, Deutsche Telekom AG, Fuze Inc., Gamma Telecom Ltd., Kazakhtelecom JSC, Microsoft Corporation, NFON AG, Orange S.A., RingCentral Inc., TDC Holding A/S, Tele2 AB, Telefonica S.A., Telia Company AB, Verizon Communications Inc., Vodafone Group Plc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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