Global Unified Communications Market to Reach US $61.9 Billion by 2018


November 24, 2014, Albany, NY – (BUSINESS WIRE)–Transparency Market Research has announced the addition of the “Unified Communications Market – Global Industry Analysis, Size, Share, Trends and Forecast 2012 – 2018” report to their offering. By the year 2018, the market value of the global unified communications market is expected to reach US $61.9 billion, finds the report.

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Market Drivers and Segmentation
The global unified communications market is driven by factors like greater popularity of video based communications, adoption of BYOD (Bring Your Own Device) in businesses, rising mobile workforce, and greater mobile device penetration into virtualization. The integration of non-real-time and real-time communication refers to unified communications.

Desktop sharing, video conferencing, instant messaging, and data sharing are examples of real-time communication. Non-real time communication includes fax, voice mail, messaging etc. Unified communication in businesses ensures and promotes smooth flow of communication. The global unified communications market is segmented on the basis of the type of communication which includes hosted or cloud-based and on-premise unified communications.

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This market research report on the global unified communications market has provided detailed analysis of the application segments of this industry which includes healthcare, education, government, enterprises, and others. This market research report has discussed in detail the trends prevailing in this market, the market drivers and hindrances, and the potential areas of growth.

Unified communication is of utmost importance in times of critical and emergency communications like emergency instructions, emergency cases, and notifications for damage mitigation. The various participants operating in the global unified communications market have been evaluated and their business strategies have been discussed in this report in order to provide a clear understanding of the competitive landscape in this market.

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TMR is a U.S.-based market intelligence company driven by a global team of high-pedigree industry consultants, analysts, and researchers. TMR leverages its worldwide Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions.

The company’s multi-disciplinary expertise has made it the preferred growth partner of hundreds of companies worldwide, from multibillion dollar conglomerates to emerging regional businesses. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources, tools, and techniques.

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