Global Cloud-based PBX Market 2021-2025

The publisher has been monitoring the cloud-based PBX market and it is poised to grow by $ 4.84 bn during 2021-2025, progressing at a CAGR of almost 14% during the forecast period. The report on the cloud-based PBX market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the reduced TCO by the implementation of cloud-based PBX and high operational flexibility offered by cloud-based PBX.

The cloud-based PBX market analysis includes the end-user segment and geographic landscape.

The cloud-based PBX market is segmented as below:

By End-user

• Large enterprises
• SMEs

By Geographical Landscape

• North America
• APAC
• Europe
• MEA
• South America

This study identifies the growing adoption of cloud-based solutions as one of the prime reasons driving the cloud-based PBX market growth during the next few years.

The report on cloud-based PBX market covers the following areas:

• Cloud-based PBX market sizing
• Cloud-based PBX market forecast
• Cloud-based PBX market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud-based PBX market vendors that include Avaya Holdings Corp., Cisco Systems Inc., Fusion Connect Inc., LogMeIn Inc., Microsoft Corp., NEC Corp., Nextiva Inc., Panasonic Corp., RingCentral Inc., and Vonage Holdings Corp. Also, the cloud-based PBX market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.