North America Cloud PBX Market

Historic Data: 2016-2017   |   Base Year: 2018   |   Forecast Period: 2019-2027

Analysis and Forecasts by Enterprise Size (Large Enterprise and SMEs); by End-User (IT & Telecom, BFSI, Healthcare, Retail, Manufacturing, and Others)


No. of Pages: 112    |    Report Code: TIPRE00005726    |    Category: Technology, Media and Telecommunications

Available Report Formats

pdf-format excel-format pptx-format
Buy Now
North America Cloud PBX Market
Buy Now

North America cloud PBX market expected to grow from US$ 1.85 Bn in 2018 to US$ 5.59 Bn by the year 2027. This represents a CAGR of 22.1% from the year 2018 to 2027. 

 

The cloud PBX has reformed and revolutionized the communication process in the business organizations by enabling access to various forms of communication (audio, video, text messaging) through an IP network. This communication technology offers myriad benefits over tradition PBX, but the cost-effectiveness provided by the cloud PBX over on-premise PBX is the primary factor, that has driven its demand in the past years and is expected to influence the market growth in the coming years. As there aren’t much hardware components to manage, the cost of maintenance of the system is relatively less. Besides, the businesses reduce their operation expense by omitting the charges that are levied by the telecom operators for the usage of analog phone lines. This is even more beneficial because the cost of calling through physical PBX varied depending upon the proximity of the location being contacted, whereas with cloud, the price is lesser and standard as the voice and video services are facilitated over the internet.

 

Currently, the US is dominating the North America cloud PBX market, which in turn boost the demand for cloud PBX. This is due to the reason that the region is highly advanced in terms of technology as well as the economy. Also, the region is one of the early adopters of new technology in any market. Therefore, the cloud PBX solution has already been adopted by most of the industry verticals in the region and is still increasing with the increase in the number of companies in the region in different verticals. The figure given below highlights the revenue share of Mexico in the North American cloud PBX market in the forecast period:

NORTH AMERICA CLOUD PBX MARKET - SEGMENTATION

North America Cloud PBX Market by Enterprise Size

  • SMEs
  • Large Enterprises

North America Cloud PBX Market by End-User

  • IT & Telecom
  • BFSI
  • Healthcare
  • Retail
  • Manufacturing
  • Others

North America Cloud PBX Market by Country

  • U.S.
  • Canada
  • Mexico

Companies Mentioned

  • 3CX, Inc.
  • 8x8, Inc.
  • AT&T INC
  • Avaya
  • Cisco System, Inc.
  • Comcast Corporation
  • Microsoft Corporation
  • RingCentral, Inc.
  • Sors Global
  • Voyce Ltd

 


North America Cloud PBX Strategic Insights

Strategic insights for the North America Cloud PBX provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/north-america-cloud-pbx-market-strategic-framework.webp
Get more information on this report

North America Cloud PBX Report Scope

Report Attribute Details
Market size in 2018 US$ 1.85 Billion
Market Size by 2027 US$ 5.59 Billion
Global CAGR (2018 - 2027) 22.1%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Enterprise Size
  • Large Enterprise and SMEs
By End-User
  • IT & Telecom
  • BFSI
  • Healthcare
  • Retail
  • Manufacturing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • 3CX, INC
  • 8x8, Inc.
  • AT&T INC
  • Avaya
  • Cisco System, Inc
  • Comcast Corporation
  • Microsoft Corporation
  • RingCentral, Inc
  • Sors Global
  • Voyce Ltd
  • Get more information on this report

    North America Cloud PBX Regional Insights

    The geographic scope of the North America Cloud PBX refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

    geography/north-america-cloud-pbx-market-geography.webp
    Get more information on this report

    The List of Companies - North America Cloud PBX Market

    The List Companies

    1. 3CX, INC
    2. 8x8, Inc.
    3. AT&T INC
    4. Avaya
    5. Cisco System, Inc
    6. Comcast Corporation
    7. Microsoft Corporation
    8. RingCentral, Inc
    9. Sors Global
    10. Voyce Ltd
    Frequently Asked Questions
    How big is the North America Cloud PBX Market?

    The North America Cloud PBX Market is valued at US$ 1.85 Billion in 2018, it is projected to reach US$ 5.59 Billion by 2027.

    What is the CAGR for North America Cloud PBX Market by (2018 - 2027)?

    As per our report North America Cloud PBX Market, the market size is valued at US$ 1.85 Billion in 2018, projecting it to reach US$ 5.59 Billion by 2027. This translates to a CAGR of approximately 22.1% during the forecast period.

    What segments are covered in this report?

    The North America Cloud PBX Market report typically cover these key segments-

    • Enterprise Size (Large Enterprise and SMEs)
    • End-User (IT & Telecom, BFSI, Healthcare, Retail, Manufacturing)

    What is the historic period, base year, and forecast period taken for North America Cloud PBX Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Cloud PBX Market report:

  • Historic Period : 2016-2017
  • Base Year : 2018
  • Forecast Period : 2019-2027
  • Who are the major players in North America Cloud PBX Market?

    The North America Cloud PBX Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • 3CX, INC
  • 8x8, Inc.
  • AT&T INC
  • Avaya
  • Cisco System, Inc
  • Comcast Corporation
  • Microsoft Corporation
  • RingCentral, Inc
  • Sors Global
  • Voyce Ltd
  • Who should buy this report?

    The North America Cloud PBX Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Cloud PBX Market value chain can benefit from the information contained in a comprehensive market report.