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Unified Communication Market (UC): 14% CAGR Forecast to 2019

Global UC Market 2015-2019 is a new unified communications industry research report added to ReportsnReports.com. Alcatel-Lucent SA, Avaya Inc., Cisco Systems Inc., Microsoft Corp., Polycom Inc. and Unify Inc. are key companies profiled in the report.

Global (UC) Unified Communication Market 2015-2019 report says one of the key trends in this industry is the increasing adoption of hosted UC. Mobility helps enterprises establish connections with businesses, workplace, and customers without time and location constraints. Analysts forecast the Global Unified Communication (UC) market to grow at a CAGR of 14.08% over the period 2014-2019.

According to this unified communication industry report, one of the main drivers of this market is the need for affordable enterprise communication solutions. The infrastructure cost of the workplace is increasing rapidly owing to the increased employee strength in enterprises. As a result of increased infrastructure costs, enterprises are looking to reduce their operational costs to maintain healthy profit margins. UC helps companies reduce their infrastructure costs as well as their communication and transportation costs.

The Global Unified Communication market can be segmented as On Premise and Hosted. In addition, it can also be segmented into Enterprise and Government based on user application. Based on enterprise components, the market is segmented into Telephony, Email, Unified Communication, Web Conferencing, Video Conferencing, Instant, Messaging, Wireless Email Services, Audio conferencing, and Other. Also, based on end-user industry, the market is segmented as IT Industry, BFSI Industry, Healthcare Industry, Telecommunication Industry, and Others.

The report recognizes the following companies as the key players in the Global UC Market: Alcatel-Lucent SA, Avaya Inc., Cisco Systems Inc., Microsoft Corp., Polycom Inc. and Unify Inc. Other Prominent Vendors in the market are: Aastra Technologies, Adtran, Aruba Networks, BT, Centile, Citrix Systems, Computer Sciences Corp., Critical Links, Good Technology, Happiest Minds Technologies, Hewlett-Packard, IBM, Interactive Intelligence, Interactive Intelligence, IPASS, Meru Networks, Mitel Networks, NEC, PanTerra Networks, Revation Systems, SAP AG, Toshiba, TrueConf, Verizon Communications and Webley.
Further, the report states that one of the major challenges that the market faces is the requirement for high initial investment. A UC system consists of components such as a telephony system, telepresence equipment, and internet connectivity. A full-fledged UC system requires high initial investment for the deployment and installation of the communication system components.

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