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Cloud Telephony Services Market Analysis, Opportunities, Forecast, Size

Cloud Telephony Services Market<br>

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Cloud Telephony Services Market Analysis, Opportunities, Forecast, Size

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  1. Cloud Telephony Services Market Research Report By Forecast To 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Cloud Telephony Services Market Forecast To 2023 Cloud Telephony Services Market Overview Globally, the cloud telephony services market is expected to grow at a CAGR of 16.4% during the forecast period, 2018– 2023. Global need of businesses to reduce operational costs and rapidly scale the communication solution as and when needed are the key driving factors for the growth of the market. However, lack of awareness, and availability of alternate communication systems are the major challenges in the cloud telephony services market during the forecast period. Cloud telephony services solutions help enterprises to setup communication infrastructure without requiring hardware or software cost. In cloud telephony services, all communication devices and applications are hosted on cloud or at the service provider’s premises. It offers numerous benefits to an enterprise, such as zero investment in hardware or software, integration with CRM, quick and easy setup of an IVR, call center, and call recording. These services can be started using traditional phones, mobile devices, or computers/laptops. Cloud telephony services solutions and services have a wide adoption in almost all industry verticals, such as Banking, Financial Services, and Insurance (BFSI), government, retail and consumer goods, healthcare, and IT and telecom. BFSI, retail and consumer goods, and IT and telecom are some of major industry verticals adopting the cloud telephony services to reduce its operational costs and serve its customers with advanced and seamless cloud communication technologies. Free Report Sample @ https://www.marketresearchfuture.com/sample_request/7354 2 www.marketresearchfuture.com

  3. Cloud Telephony Services Market Forecast To 2023 Segmental Analysis The need to control costs is estimated to increase demand for the cloud telephony services market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for growth. A 16.4% CAGR is forecasted for the market in the coming period. The ability to scale up is predicted to play a decisive role in the development of the cloud telephony services industry. The ease in setting up in communication infrastructure without hardware or software cost is estimated to benefit the cloud telephony services market in the upcoming period on a global scale. The segmental investigation of the cloud telephony services market is segmented on network type, industry vertical, organization size, application, deployment model, and region. By the organization sizes, the cloud telephony services market is segmented into large enterprises and small & medium-sized enterprises (SMEs). The deployment mode basis of segmenting the cloud telephony services market consists of cloud and hosted. Based on the network type, the cloud telephony services market is segmented into voice over internet protocol (VoIP), and public switched telephone network (PSTN). Based on the application, the cloud telephony services market is segmented into multi-level IVR, sales & marketing, conferencing, and customer relationship management. Based on the industry verticals, the cloud telephony services market is segmented into BFSI, government, healthcare, IT & telecom, retail & consumer goods, education, and others. Based on the regions, the cloud telephony services market is segmented into North America, Europe, Asia-Pacific, and the other regions. 3 www.marketresearchfuture.com

  4. Cloud Telephony Services Market Forecast To 2023 Segmental Analysis • The global cloud telephony services market is segmented based on deployment mode, organization size, network type, application, industry vertical, and region/country. • By deployment mode, the market is segmented into cloud and hosted. • By organization size, the market is segmented into large enterprises and small and medium-sized enterprises (SMEs). • By network type, the market is segmented into Public Switched Telephone Network (PSTN) and Voice over Internet Protocol (VoIP). • By application, the market is segmented into conferencing, multi-level IVR, sales and marketing, and customer relationship management. • By industry vertical, the market is segmented into IT and telecom, BFSI, government, retail and consumer goods, heatlhcare, education, and others. • By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world. Regional Analysis The global market for Cloud telephony services market is estimated to grow rapidly during the forecast period from 2018 to 2023. The geographical analysis of global cloud telephony services market is studied for North America, Europe, Asia-Pacific, and the rest of the world.North America is presumed to have the largest market share in the global cloud telephony services market. The US, Canada, and Mexico are the leading countries in the region. The growth is attributed to the presence of major cloud telephony services solution vendors and advanced IT infrastructure to run enterprise applications and deliver services to the customers seamlessly. Asia-Pacific is anticipated to be the fastest growing region in the global cloud telephony services market over the forecast period. Increasing digitalization and adoption of cloud services to reduce operational costs are the key driving factors for the adoption of cloud telephony services solutions in the region. 4 www.marketresearchfuture.com

  5. Cloud Telephony Services Market Forecast To 2023 Competitive Analysis According to the competitive analysis in the cloud telephony services market, most enterprises are observed to expand their technological capabilities by increasing investments in their research and development activities. Many leading vendors adopted inorganic strategy to expand their businesses. The strategy of partnership and collaboration of the overall key development undergone by the key players in the cloud telephony services market. The prominent players in Cloud telephony services market are AVOXI (US), Cisco Systems, Inc. (US), 8x8, Inc. (US), Broadsoft (US), Exotel Techcom Pvt. Ltd. (India), DIALPAD (US), Go 2 Market India Pvt. Ltd. (India), MegaPath (US), LeadNXT (US), and Knowlarity Communications Pvt Ltd. (India). Browse Report @ https://www.marketresearchfuture.com/reports/cloud-telephony-services-market-7354 5 www.marketresearchfuture.com

  6. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clientsto see more, know more, and do more,which help to answer all their mostimportantquestions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visitsfor its research analyst members. For more informationkindly visitwww.marketresearchfuture.comor contactus at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated,copied, quoted, or otherwisereproduced withoutthe written approvalof Market Research Future. 6 www.marketresearchfuture.com

  7. THANK YOU MARKET RESEARCH FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 7 www.marketresearchfuture.com

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