Canada Hosted PBX Market: Strategic Collaborations Key Strategy Adopted by Players to Gain Competitive Advantage
The degree of competition is considerably high among the existing vendors in the Canada hosted PBX market . Furthermore, the market exhibits considerable opportunities for the new players to venture in. Considering such high potential for the entry of new players, the hosted PBX market in Canada will witness intensified competition in the near future, prophesized Transparency Market Research (TMR) in a new study. The vendors in the market are competing through strategic collaborations and even partnerships. Currently, Allstream, Inc., Telus Communications, Bell Canada, Cisco System, Microsoft Corporation, and Mitel Networks Corporation hold dominance in the Canada hosted PBX market. These companies held nearly 54% of the Canada hosted PBX market in 2016. Besides forging new partnerships, these companies are also working towards expanding their offerings to gain competitive advantage. As these strategies are forecast to reflect positively on any company’s overall proceeds, they ca...