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The Asia Pacific Hosted Private Branch Exchange Market would witness market growth of 16.3% CAGR during the forecast period (2017 - 2023). Asia Pacific (APAC) has always been a lucrative region for newer technologies. The hosted PBX market in APAC is expected to grow at the highest CAGR during the forecast period. In APAC, the demand for UC and video conferencing is growing due to positive outlook of regional enterprises, therefore, the need for advanced UC components and delivery platforms to achieve centralized and reliable connectivity and communication system are on the rise in the region.
Technological advancements and, growing adopting of VoIP solutions and services, would contribute to the growth of hosted PBX market in APAC. Based on Type, the Hosted Private Branch Exchange market segments the market into Services and Solution. Services Type includes Virtual Deployment, Setup, Configuration & Change Management; Network Traffic Management, Bandwidth Management & Optimization; Virtual Assistance & Support, Online Charging Services & Compliance Management Services, Protocol Management Services, and Others.
Based on Organization Size, the market report segments the market into Small & Medium Enterprises and Large Enterprises. Based on Vertical, the market report segments the market into IT & Telecom, Government, BFSI, Manufacturing, Retail, Healthcare, Education, and Others. Based on Countries, the Hosted Private Branch Exchange market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the Asia Pacific Hosted Private Branch Exchange Market. Key companies profiled in the report include AT&T, Inc., Cisco Systems, Inc., 8x8, Inc., BT Group, Avaya, MegaPath, CenturyLink Technology Solutions, Mitel Networks, Verizon Communications, Inc. (XO Communication), and TPX Communications.