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Unified communications and collaboration (UCC) software operates by incorporating various communication routes such as audio, text, video, and virtual whiteboards, and combine them into a single interface. The mobile unified communication and collaboration software is valuable as it is portable, cost-efficient, and has the ability to extend enhanced communication. This software increases the tan individual’s ability to stay connected and thereby increases the user’s overall productivity. According to a study published by Insure Insights, the market is anticipated to grow at a CAGR of 28.3% during the forecast period.
Top Driver: Increasing Demand for Robust Security and Low Operational Cost
With the emerging trend of bringing your own device (BYOD) system in the workforce, there is an increasing demand for robust security software. The demand for companies’ agility to attain competitive advantages among businesses is inducing the growing usage of social media for business practices. Besides, the low operational costs is one of the significant factors anticipated to stimulate the market’s growth. On the other hand, the uncertainty in financial returns involved in the adoption of mobile UC&C and security concerns are expected to hinder the growth of the global mobile unified communication and collaboration market.
Conferencing to Make Crucial Contribution to Growth of Global Mobile Unified Communication and Collaboration Market
On the basis of solution, the global mobile unified communication and collaboration market can be segmented into Conferencing, Unified Messaging, Voice Solution, Content and Collaboration. Conferencing segment is expected to show a steady growth in the forecast period due to rising global collaborations. On the basis of deployment Cloud, On-Premises. Onn the basis of industry the market can be segmented into BFSI, Healthcare, Public Sector, Media and Entertainment, Transportation and Logistics, Others. media and entertainment segment accounted for a larger share in the market.
Rising Investments in Security to Benefit North America Market
North American countries such as the US are predicted to maximize their spending on the security which would help the industry to gain significant shares in the coming years. Furthermore, the surge in the demand for the alternatives with comparatively lower operational cost is anticipated to help the industry gain lucrative growth in the next coming years. The higher presence of the key players and the favorable framework of the regulations would propel the growth of the industry in the forecast period.
Players to Focus on Mobile Unified Communications and Collaboration Market
The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Cisco Systems, Inc., Microsoft Corporation, IBM, Alcatel-Lucent, Unify GmbH & Co. KG, NEC, Avaya Inc., Genband, Ericsson, and Mitel among others could be at the forefront of the competition in the global market.
Cisco: In October 2017, Cisco and BroadSoft announced a definitive agreement for Cisco to acquire publicly-held BroadSoft, Inc., headquartered in Gaithersburg, MD. Pursuant to the agreement, Cisco will pay $55 per share, in cash, in exchange for each share of BroadSoft, or an aggregate purchase price of approximately $1.9 billion net of cash, assuming fully diluted shares including conversion of debt. The acquisition has been approved by the board of directors of each company.
AGC Networks: In January 2019, AGC Networks said that it had closed its acquisition of Black Box, bringing together two global solutions integrators into a larger organization with increased scale and growth potential.
The deal is the final step in a process that began with the Nov. 11 news that Mumbai, India-based AGC planned to acquire Lawrence, Pa.-based Black Box for about $16.4 million.
Scope of the Report
By Solution
By Deployment Type
By Industry
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Mobile Unified Communication and Collaboration Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Mobile Unified Communication and Collaboration Market -Industry Snapshots
6.1.1 Global Mobile Unified Communication and Collaboration Market Value, 2019 – 2028, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Mobile Unified Communication and Collaboration Market Analysis, by Solution
7.2 Key Findings for Mobile Unified Communication and Collaboration Market- By Solution
7.2.1 Mobile Unified Communication and Collaboration Market- Conferencing
7.2.2 Mobile Unified Communication and Collaboration Market- Unified Messaging
7.2.3 Mobile Unified Communication and Collaboration Market- Voice Solution
7.2.4 Mobile Unified Communication and Collaboration Market- Content and Collaboration
Chapter 8 Global Mobile Unified Communication and Collaboration Market Analysis, by Deployment Type
8.2 Key Findings for Mobile Unified Communication and Collaboration Market- By Deployment Type
8.2.1 Mobile Unified Communication and Collaboration Market- Cloud
8.2.2 Mobile Unified Communication and Collaboration Market- On-Premises
Chapter 9 Global Mobile Unified Communication and Collaboration Market Analysis, by Industry
9.2 Key Findings for Mobile Unified Communication and Collaboration Market- By Industry
9.2.1 Mobile Unified Communication and Collaboration Market- BFSI
9.2.2 Mobile Unified Communication and Collaboration Market- Healthcare
9.2.3 Mobile Unified Communication and Collaboration Market- Public Sector
9.2.4 Mobile Unified Communication and Collaboration Market- Media and Entertainment
9.2.5 Mobile Unified Communication and Collaboration Market- Transportation and Logistics
9.2.6 Mobile Unified Communication and Collaboration Market- Others
Chapter 10 Mobile Unified Communication and Collaboration Market Analysis by Region
10.1 Key Findings for Mobile Unified Communication and Collaboration Market- By region
10.3 Mobile Unified Communication and Collaboration Market – North America
10.3.5 North America Market, By Solution
10.3.6 North America Market, By Deployment Type
10.3.7 North America Market, By Industry
10.4 Mobile Unified Communication and Collaboration Market – Europe
10.4.7 Europe Market, By Solution
10.4.8 Europe Market, By Deployment Type
10.4.9 Europe market by, Industry
10.5 Mobile Unified Communication and Collaboration Market – Asia Pacific
10.5.6 Asia Pacific Market, By Solution
10.5.7 Asia Pacific Market, By Deployment Type
10.5.8 Asia Pacific Market, By Industry
10.6 Mobile Unified Communication and Collaboration Market – SAMEA
10.6.2 Middle East & Africa (MEA)
10.6.5 South America, Middle East and Africa Market, By Solution
10.6.6 South America, Middle East and Africa Market, By Deployment Type
10.6.7 South America, Middle East and Africa Market, By Industry
Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Key Vendors, 2019
11.1.2 Key Strategies Adopted by the Leading Players
Chapter 12 Company Profiles- Snapshot
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
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