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Cloud Communication Platform - Global Market Trajectory & Analytics

  • ID: 4804283
  • Report
  • September 2020
  • Region: Global
  • 116 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • 8X8
  • AVAYA
  • CALLFIRE
  • CISCO SYSTEMS
  • NEXMO, INC.
  • PLIVO
  • MORE
Global Cloud Communication Platform Market to Reach $14.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Cloud Communication Platform estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$14.9 Billion by 2027, growing at a CAGR of 24.3% over the analysis period 2020-2027. Unified Communication & Collaboration (UCC/UCaaS), one of the segments analyzed in the report, is projected to record a 27% CAGR and reach US$9.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Web Real-Time Communication (WebRTC) segment is readjusted to a revised 19.7% CAGR for the next 7-year period.

The U. S. Market is Estimated at $969.5 Million, While China is Forecast to Grow at 23.5% CAGR

The Cloud Communication Platform market in the U. S. is estimated at US$969.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2027 trailing a CAGR of 23.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.1% and 20.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 16.7% CAGR.

Interactive Voice Response (IVR) Segment to Record 22.2% CAGR

In the global Interactive Voice Response (IVR) segment, USA, Canada, Japan, China and Europe will drive the 22.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$268.5 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2027. We bring years of research experience to this 6th edition of our report. The 116-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • x, Inc.
  • Avaya, Inc.
  • Callfire, Inc.
  • Cisco Systems, Inc.
  • Nexmo, Inc.
  • Plivo Inc.
  • Telestax, Inc.
  • Twillo, Inc.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • 8X8
  • AVAYA
  • CALLFIRE
  • CISCO SYSTEMS
  • NEXMO, INC.
  • PLIVO
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Effective Communication Fosters Business Agility
  • Cloud Communications are Redefining the Business Processes
  • Cloud Communication Platforms Pave Way for Smooth Digital Transformation
  • APIs Indispensable in Data Communication
  • Global Competitor Market Shares
  • Cloud Communication Platform Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
  • Product Overview
  • Cloud Communications
  • Major Use Cases of Cloud Communications
  • Cloud Communication Platform
  • Cloud Communication Platform Solutions
  • Unified Communication and Collaboration (UCC/UCaaS)
  • Web Real-Time Communication (WebRTC)
  • Interactive Voice Response (IVR)
  • Application Programming Interface (API)
  • Reporting and Analytics
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Explosion of Enterprise Mobility Drives the Evolution of Cloud Communication Platforms
  • Robust Penetration of BYOD Spurs Growth Opportunities
  • Advent of Web Real Time Communication to Invigorate Market Growth
  • 5G to Turbo Charge Cloud Communication Services
  • Expanding BPO Sector to Boost Adoption of Cloud Communication Platforms
  • Integration of Cloud Communication Platforms by Large Enterprises with Global Footprint Spurs Market Growth
  • Small Businesses Leverage VoIP to Gain Competitive Edge
  • Time to Overcome Aging Phone System and Overloaded IT Issues
  • Major Factors Driving Growth
  • Convergence of IoT and UC Technologies
  • Installed Base of Internet of Things (IoT) Connected Devices Worldwide in Billion from the Years 2018 through 2022
  • Flourishing E-Commerce Industry Bolsters Market Growth
  • Other Key Trends Influencing Cloud Communication
  • UCaaS and SD-WAN Duo to Overpower Enterprise Challenges
  • Major Challenges Hindering Growth of Cloud Communication Platforms
  • Major Challenges of VoIP
  • Key Issues in Unified Communications
  • API Challenges
  • Major Cloud Communication Platforms for Businesses
  • Key Cloud Communication Platforms Software
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Current & Future Analysis for Cloud Communication Platform by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 2: World 7-Year Perspective for Cloud Communication Platform by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • TABLE 3: World Current & Future Analysis for Unified Communication & Collaboration (UCC/UCaaS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 4: World 7-Year Perspective for Unified Communication & Collaboration (UCC/UCaaS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • TABLE 5: World Current & Future Analysis for Web Real-Time Communication (WebRTC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 6: World 7-Year Perspective for Web Real-Time Communication (WebRTC) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • TABLE 7: World Current & Future Analysis for Interactive Voice Response (IVR) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 8: World 7-Year Perspective for Interactive Voice Response (IVR) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • TABLE 9: World Current & Future Analysis for Voice over Internet Protocol (VoIP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 10: World 7-Year Perspective for Voice over Internet Protocol (VoIP) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • TABLE 11: World Current & Future Analysis for Application Programming Interface (API) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 12: World 7-Year Perspective for Application Programming Interface (API) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • TABLE 13: World Current & Future Analysis for Reporting & Analytics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 14: World 7-Year Perspective for Reporting & Analytics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Cloud Communication Platform Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 15: USA Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 16: USA 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
CANADA
  • TABLE 17: Canada Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 18: Canada 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
JAPAN
  • TABLE 19: Japan Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 20: Japan 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
CHINA
  • TABLE 21: China Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 22: China 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
EUROPE
  • Market Facts & Figures
  • European Cloud Communication Platform Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 23: Europe Current & Future Analysis for Cloud Communication Platform by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
  • TABLE 24: Europe 7-Year Perspective for Cloud Communication Platform by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • TABLE 25: Europe Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 26: Europe 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
FRANCE
  • TABLE 27: France Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 28: France 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
GERMANY
  • TABLE 29: Germany Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 30: Germany 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
ITALY
  • TABLE 31: Italy Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 32: Italy 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
UNITED KINGDOM
  • TABLE 33: UK Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 34: UK 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
REST OF EUROPE
  • TABLE 35: Rest of Europe Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 36: Rest of Europe 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
ASIA-PACIFIC
  • TABLE 37: Asia-Pacific Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 38: Asia-Pacific 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
REST OF WORLD
  • TABLE 39: Rest of World Current & Future Analysis for Cloud Communication Platform by Segment - Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
  • TABLE 40: Rest of World 7-Year Perspective for Cloud Communication Platform by Segment - Percentage Breakdown of Value Sales for Unified Communication & Collaboration (UCC/UCaaS), Web Real-Time Communication (WebRTC), Interactive Voice Response (IVR), Voice over Internet Protocol (VoIP), Application Programming Interface (API) and Reporting & Analytics for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
3 of 3
  • 8X8
  • AVAYA
  • CALLFIRE
  • CISCO SYSTEMS
  • NEXMO, INC.
  • PLIVO
  • TELESTAX, INC.
  • TWILLO, INC.
Note: Product cover images may vary from those shown
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