Top Companies in Unified Communications Market | Industry Top Players Cisco Systems, Avaya Inc, IBM, etc. | Comprehensive Research Report by Vantage market research
The growth in enterprise customers, technological evolution, growth in penetration of smartphones, rise in the use of BYOD in modern business practices, and large-scale investments are the major factors driving the growth of the Unified Communications Market
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MARKET OVERVIEW
Global Unified Communications Market is valued at USD 78.8 Billion in the year 2021 and is projected to reach a value of USD 234.1 Billion by the year 2028. The Global Market is expected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 19.9% over the forecast period. Unified Communication is a field that has been evolving for greater than a decade. The technology guarantees an inflow of new, included communications gadgets that permit corporations to acquire several blessings which include collaboration, streamlining enterprise processes, and reducing enterprise communications' ordinary cost. Vendors that specialize in UC offerings emphasize simplifying their solutions, making them simpler to purchase, deploy, and manage. There has been an accelerated increase in the use of beyond consumer enjoy as an essential device for growing new solutions and improving the prevailing ones.
Increasing demand for Unified Communication Market solutions is beginning to possibilities for solutions carriers to release superior variations of group collaboration software programs for enterprises. Solution carriers including Cisco Systems, Inc., Avaya, Inc., and IBM Corporation are providing a combination of Unified Communication and group collaboration solutions as a part of their efforts to bolster their market position.
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Some of the key players operating in the Unified Communications Market are listed below:
|
Company Name |
Revenue in the US |
|
$50 Billion |
|
$3 Billion |
|
$597 Million |
|
$57 Billion |
|
$14 Million |
|
$184 Billion |
|
$133 Billion |
|
$27 Billion |
|
<$5 Million |
|
$168 Billion |
Cisco Systems Inc. is the worldwide leader in networking for the Internet. The company was founded in 1984 by two computer scientists from Stanford University seeking an easier way to connect different types of computer systems. Cisco's networking solutions connect people, computing devices, and computer networks, allowing people to access or transfer information without regard to differences in time, place, or type of computer system.
Avaya provides software and equipment for contact centers, Unified Communications, and workflow automation. The company's software offered via the cloud, and hardware products provide workers with one place for communicating with colleagues and customers. Avaya's customers range from small and medium-sized businesses and organizations to Fortune companies in financial services, hospitals, government, and other industries.
Alcatel–Lucent is a French–American global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. It was formed in 2006 by the merger of France-based Alcatel and U.S.-based Lucent, the latter being a successor of AT&T's Western Electric and Bell Labs. The company focused on fixed, mobile, and converged networking hardware, IP technologies, software, and services, with operations in more than 130 countries. It had been named Industry Group Leader for Technology Hardware & Equipment sector in the region.
IBM, in full International Business Machines Corporation, leading American computer manufacturer, with a major share of the market both in the United States and abroad. Its headquarters are in Armonk 2014 Dow Jones Sustainability Indices review and listed in the 2014 Thomson Reuters Top 100 Global Innovators for the 4th consecutive year. It was incorporated in 1911 as the Computing-Tabulating-Recording Company in a consolidation of three smaller companies that made punch-card tabulators and other office products.
Plantronics is a leading provider of business and consumer communications tools that range from lightweight headsets to desktop phones to video conferencing equipment. It also offers cloud computing and analytics software for managing its systems. Plantronics sells its products through distributors and channel partners, including value-added resellers (VARs), and service providers.
Microsoft Corp (Microsoft) develops, licenses, and supports software products, services, and devices. The company offers a comprehensive range of operating systems, cross-device productivity applications, server applications, software development tools, business solution applications, desktop and server management tools, video games, and training and certification services. It also designs, manufactures, and sells PCs, tablets, gaming and entertainment consoles, and other intelligent devices. The company provides a broad spectrum of services including cloud-based solutions, solution support, and consulting services. Microsoft markets distribute, and sells offerings through original equipment manufacturers, distributors, resellers, online marketplaces, Microsoft stores, and other partner channels. The company has a business presence across the Americas, Europe, Asia-Pacific, the Middle East, and Africa. Microsoft is headquartered in Redmond, Washington, the US.
Verizon Communications was formed on June 30, 2000, and is one of the world’s leading providers of technology and communications services.
Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021. The company offers voice, data, and video services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security, and control.
The Hewlett Packard Enterprise Company (HPE) is an American multinational enterprise information technology company based in spring, Texas, United States. HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the Hewlett-Packard company. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support. The split was structured so that the former Hewlett-Packard Company would change its name to HP Inc. and spin off Hewlett Packard Enterprise as a newly created company. HP Inc. retained the old HP's personal computer and printing business, as well as its stock-price history and original NYSE ticker symbol for Hewlett-Packard; Enterprise trades under its own ticker symbol: HPE. At the time of the spin-off, HPE's revenue was slightly less than that of HP Inc.
Connect Solutions Private Limited is a non-government company, incorporated on 18 Jul 2007. It's a private unlisted company and is classified as a company limited by shares. Connect Solutions Private Limited is majorly in the Business Services business for the last 15 years and currently, company operations are struck off. Current board members & directors are AHMED SAFI UDDIN and BILAL AHMED.
AT&T Inc. (AT&T) is a provider of telecommunications, media, and technology services. The company offers wireless communications, data/broadband and internet services, local and long-distance telephone services, telecommunications equipment, managed networking, and wholesale services. AT&T also develops, produces, and distributes feature films, television, gaming, and content in physical and digital formats. It also provides advertisement and entertainment services to household customers. The company serves individual customers and business enterprises. It markets services under various brands, including AT&T, Cricket, SKY, AT&T TV, AT&T PREPAID, AT&T Fiber, and Unefon. It has a business presence in Asia-Pacific, North America, Europe, the Middle East, Africa, Latin America, and the Caribbean. AT&T is headquartered in Dallas, Texas, the US.
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