Technology News & Trends

With technology giants such as Microsoft, Cisco, Google, Avaya, NEC, and Unify constantly breaking boundaries with their innovative products in the unified communication (UC) space, the vendor landscape for the global market for unified communications can be termed as highly dynamic and competitive, notes a market research report by Transparency Market Research. Companies are ramping up their positions in the field of unified communications by investing in technologies such as artificial intelligence, virtual reality, IoT, and cloud and developing innovations such as virtual reality meeting room solutions to grab a larger share in the lucrative market. According to the report, the global unified communications market will rise to a valuation of US$61.9 bn by 2018. If the numbers hold true, the market would have registered an impressive 15.7% CAGR over the period between 2012 and 2018. North America Accounts for Dominant Share in Global Market In terms of end users of uni...

Unified communication systems are the need of the hour in the global corporate sector. The term ‘unified communications’ doesn’t signify any particular technology or system, but rather the concept of unifying the various communication channels used in the modern corporate sector in order to make communication convenient and efficient. The globalization of several industries in the past few years, driven by the rising purchasing power of consumers in emerging regions and the rising demand for product variation according to regional demand trends, has been the key driver for the global unified communications market. Obtain Report Details @ https://www.transparencymarketresearch.com/unified-communications-market.html The steady development of IT resources to make corporate processes smoother is likely to ensure steady growth of the unified communications market in the coming years. The global unified communications market is expected to reach a valuation of US$45 bn ...