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The North America Hosted Private Branch Exchange Market would witness market growth of 12.9% CAGR during the forecast period (2017-2023). US would be the dominant region for the hosted PBX market all through the forecast period. Significant investments into wireless technologies and the rapid adoption of cloud, IoT, mobility, and UC technologies are the factors that are responsible for North American market expansion. Additionally, low TCO and OPEX required for hosted PBX as compared to the traditional PBX or telephony system are adding to the factors driving the technological adoption in the region. Growing number of SMEs and increasing digitalization are complimenting the growth in the North American market.
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 US, Mexico, Canada, and Rest of North America. The market research report covers the analysis of key stake holders of the North America 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.