LAMEA Unified Communication as a Service (UCaaS) Market By Component (Telephony, Unified messaging, Conferencing, Collaboration platforms and applications), Deployment (On-Premise, Cloud), Organization Size (SME, Large Enterprises), Vertical (Consumer Goods & Retail, Telecom & IT, BFSI, Public sector and utilities, Logistics and transportation, Travel and hospitality)
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Market Report Description
The LAMEA UCaaS market size is would grow at a CAGR of 13.6% during the forecast period. Over the years, the demand for VoIP and IP telephony in BFSI, telecom & IT, logistic & transportation, and travel & hospitality industries have been witnessed, which are the major factors driving the growth of telephony in the UCaaS market. The adoption of UCaaS technology would be largely witnessed in the consumer goods and retail verticals, as streamlining business processes would be quick, and also real-time services and faster transaction closures could be achieved seamlessly.
The report highlights the adoption of UCaaS (Unified Communication-as-a-Service) market in LAMEA region. Based on the component, the UCaaS market is segmented into Telephony, Unified messaging, Conferencing and Others Robotics. Based on the Deployment, the market is segmented across On-Premise, Cloud Based segments.
The report further segments the market based on the End User Organization Size as Small & Medium Enterprises and Large enterprises. Industry vertical wise the market is bifurcated as Consumer goods and retail, Telecom and IT, BFSI, Healthcare, Public sector and utilities, Logistics and transportation, Travel and hospitality and Others. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.