PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215475
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215475
Global Private Branch Exchange Market Size study & Forecast, by Component, by Type, by Organization Size, by End-Use Industry and Regional Analysis, 2022-2029
Global Private Branch Exchange Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Private Branch Exchange is a private phone network used within an enterprise to create telephonic network for internal & external communication applications. The PBX System enables employees to connect with each other internally as well as make and receive external phone calls. The PBX system facilitates connectivity of different communication devices within an organization such as hubs, switches, telephone adapters, routers, and phone sets among others. The increasing integration of voice-over internet protocol technology and rising focus on customer relationship management as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing integration of Voice over internet protocol is contributing to the growth of the Global Private Branch Exchange Market. For instance, according to Statista - in 2019, the total number of Voice over Internet Protocol subscriptions (VoIP) in Nigeria was estimated at 166,000 connections, and it further increased to 266,600 in 2020. In addition, in Poland, around 2.5 million new users were connected to a VoIP service in 2021. Also, growing digitization across the industries coupled with rising emergence of Cloud-based PBX would create a lucrative growth prospectus for the market over the forecast period. However, high operating costs associated with private branch exchange and rising concern over cyber security stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Private Branch Exchange Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and growing digitization across different industries in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising industrialization and increasing adoption of PBX across the industries such as BFSI, Manufacturing, government & PSUs among others in the region.
Major market players included in this report are:
Avaya Inc.
CenturyLink, Inc.
Cisco Systems, Inc.
Digium, Inc.
Mitel Networks Corporation
NEC Corporation
Panasonic Corporation
Samsung Electronics Co. Ltd.
Siemens AG
3CX
Recent Developments in the Market:
- In August 2021, Avaya Inc announced the acquisition of Austin, Texas based CTIntegrations, a specialized contact center software development and system integration company. Moreover, the acquisition of CTIntegrations would enable Avaya to enhance digital capabilities for its extensive contact center customer base.
Global Private Branch Exchange Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Type, Organization Size, End-Use Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Solutions
Services
By Type
Virtual Deployment
Setup Configuration & Change Management
Network Traffic Management
Bandwidth Management & Optimization
Virtual Assistance & Support
Online Charging Services & Compliance Management
Protocol Management
By Organization Size
Small-& Medium-sized Enterprises
Large Enterprises
By End Use Industry
BFSI
Healthcare & Life Sciences
Telecommunications & IT
Government & Public Sector
Consumer Goods & Retail
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Private Branch Exchange Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Private Branch Exchange Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Private Branch Exchange Market, by Type, 2019-2029 (USD Billion)
- 1.2.4. Private Branch Exchange Market, by Organization Size, 2019-2029 (USD Billion)
- 1.2.5. Private Branch Exchange Market, by End-Use Industry, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Private Branch Exchange Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Private Branch Exchange Market Dynamics
- 3.1. Private Branch Exchange Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing integration of voice over internet protocol technology
- 3.1.1.2. Rising focus on customer relationship management
- 3.1.1.3. Strategic initiatives from leading market players
- 3.1.2. Market Challenges
- 3.1.2.1. High Operating cost associated with private branch exchange
- 3.1.2.2. Rising concern over cyber security
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing digitization across the industries
- 3.1.3.2. Rising emergence of Cloud-based PBX
- 3.1.1. Market Drivers
Chapter 4. Global Private Branch Exchange Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Private Branch Exchange Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Private Branch Exchange Market by Component, Performance - Potential Analysis
- 6.3. Global Private Branch Exchange Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
- 6.4. Private Branch Exchange Market, Sub Segment Analysis
- 6.4.1. Solution
- 6.4.2. Services
Chapter 7. Global Private Branch Exchange Market, by Type
- 7.1. Market Snapshot
- 7.2. Global Private Branch Exchange Market by Type, Performance - Potential Analysis
- 7.3. Global Private Branch Exchange Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 7.4. Private Branch Exchange Market, Sub Segment Analysis
- 7.4.1. Virtual Deployment
- 7.4.2. Setup Configuration & Change Management
- 7.4.3. Network Traffic Management
- 7.4.4. Bandwidth Management & Optimization
- 7.4.5. Virtual Assistance & Support
- 7.4.6. Online Charging Services & Compliance Management
- 7.4.7. Protocol Management
Chapter 8. Global Private Branch Exchange Market, by Organization Size
- 8.1. Market Snapshot
- 8.2. Global Private Branch Exchange Market by Organization Size, Performance - Potential Analysis
- 8.3. Global Private Branch Exchange Market Estimates & Forecasts by Organization Size 2019-2029 (USD Billion)
- 8.4. Private Branch Exchange Market, Sub Segment Analysis
- 8.4.1. Small & Medium-Sized Enterprises
- 8.4.2. Large Enterprises
Chapter 9. Global Private Branch Exchange Market, by End-Use Industry
- 9.1. Market Snapshot
- 9.2. Global Private Branch Exchange Market by End-Use Industry, Performance - Potential Analysis
- 9.3. Global Private Branch Exchange Market Estimates & Forecasts by End-Use Industry 2019-2029 (USD Billion)
- 9.4. Private Branch Exchange Market, Sub Segment Analysis
- 9.4.1. BFSI
- 9.4.2. Healthcare & Life Sciences
- 9.4.3. Telecommunications & IT
- 9.4.4. Government & Public Sector
- 9.4.5. Consumer Goods & Retail
Chapter 10. Global Private Branch Exchange Market, Regional Analysis
- 10.1. Private Branch Exchange Market, Regional Market Snapshot
- 10.2. North America Private Branch Exchange Market
- 10.2.1. U.S. Private Branch Exchange Market
- 10.2.1.1. Component breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Organization Size breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. End-Use Industry breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Private Branch Exchange Market
- 10.2.1. U.S. Private Branch Exchange Market
- 10.3. Europe Private Branch Exchange Market Snapshot
- 10.3.1. U.K. Private Branch Exchange Market
- 10.3.2. Germany Private Branch Exchange Market
- 10.3.3. France Private Branch Exchange Market
- 10.3.4. Spain Private Branch Exchange Market
- 10.3.5. Italy Private Branch Exchange Market
- 10.3.6. Rest of Europe Private Branch Exchange Market
- 10.4. Asia-Pacific Private Branch Exchange Market Snapshot
- 10.4.1. China Private Branch Exchange Market
- 10.4.2. India Private Branch Exchange Market
- 10.4.3. Japan Private Branch Exchange Market
- 10.4.4. Australia Private Branch Exchange Market
- 10.4.5. South Korea Private Branch Exchange Market
- 10.4.6. Rest of Asia Pacific Private Branch Exchange Market
- 10.5. Latin America Private Branch Exchange Market Snapshot
- 10.5.1. Brazil Private Branch Exchange Market
- 10.5.2. Mexico Private Branch Exchange Market
- 10.5.3. Rest of Latin America Private Branch Exchange Market
- 10.6. Rest of The World Private Branch Exchange Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Avaya Inc.
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. CenturyLink, Inc.
- 11.2.3. Cisco Systems, Inc.
- 11.2.4. Digium, Inc.
- 11.2.5. Mitel Networks Corporation
- 11.2.6. NEC Corporation
- 11.2.7. Panasonic Corporation
- 11.2.8. Samsung Electronics Co. Ltd.
- 11.2.9. Siemens AG
- 11.2.10. 3CX
- 11.2.1. Avaya Inc.
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Private Branch Exchange Market, report scope
- TABLE 2. Global Private Branch Exchange Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Private Branch Exchange Market estimates & forecasts by Component 2019-2029 (USD Billion)
- TABLE 4. Global Private Branch Exchange Market estimates & forecasts by Type 2019-2029 (USD Billion)
- TABLE 5. Global Private Branch Exchange Market estimates & forecasts by Organization Size 2019-2029 (USD Billion)
- TABLE 6. Global Private Branch Exchange Market estimates & forecasts by End-Use Industry 2019-2029 (USD Billion)
- TABLE 7. Global Private Branch Exchange Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Private Branch Exchange Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Private Branch Exchange Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Private Branch Exchange Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Private Branch Exchange Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Private Branch Exchange Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Private Branch Exchange Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Private Branch Exchange Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. Global Private Branch Exchange Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. Global Private Branch Exchange Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 17. U.S. Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 18. U.S. Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 19. U.S. Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 20. Canada Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 21. Canada Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 22. Canada Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 23. UK Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 24. UK Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 25. UK Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 26. Germany Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 27. Germany Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 28. Germany Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 29. France Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 30. France Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 31. France Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 32. Italy Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 33. Italy Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 34. Italy Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 35. Spain Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 36. Spain Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 37. Spain Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 38. RoE Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 39. RoE Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 40. RoE Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 41. China Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 42. China Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 43. China Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 44. India Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 45. India Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 46. India Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 47. Japan Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 48. Japan Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 49. Japan Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 50. South Korea Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 51. South Korea Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 52. South Korea Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 53. Australia Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 54. Australia Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 55. Australia Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 57. RoAPAC Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 58. RoAPAC Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 59. Brazil Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 60. Brazil Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 61. Brazil Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 62. Mexico Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 63. Mexico Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 64. Mexico Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 65. RoLA Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 66. RoLA Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 67. RoLA Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 68. Row Private Branch Exchange Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 69. Row Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 70. Row Private Branch Exchange Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 71. List of secondary sources, used in the study of global Private Branch Exchange Market
- TABLE 72. List of primary sources, used in the study of global Private Branch Exchange Market
- TABLE 73. Years considered for the study
- TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
List of figures
- FIG 1. Global Private Branch Exchange Market, research methodology
- FIG 2. Global Private Branch Exchange Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Private Branch Exchange Market, key trends 2021
- FIG 5. Global Private Branch Exchange Market, growth prospects 2022-2029
- FIG 6. Global Private Branch Exchange Market, porters 5 force model
- FIG 7. Global Private Branch Exchange Market, pest analysis
- FIG 8. Global Private Branch Exchange Market, value chain analysis
- FIG 9. Global Private Branch Exchange Market by segment, 2019 & 2029 (USD Billion)
- FIG 10. Global Private Branch Exchange Market by segment, 2019 & 2029 (USD Billion)
- FIG 11. Global Private Branch Exchange Market by segment, 2019 & 2029 (USD Billion)
- FIG 12. Global Private Branch Exchange Market by segment, 2019 & 2029 (USD Billion)
- FIG 13. Global Private Branch Exchange Market by segment, 2019 & 2029 (USD Billion)
- FIG 14. Global Private Branch Exchange Market, regional snapshot 2019 & 2029
- FIG 15. North America Private Branch Exchange Market 2019 & 2029 (USD Billion)
- FIG 16. Europe Private Branch Exchange Market 2019 & 2029 (USD Billion)
- FIG 17. Asia Pacific Private Branch Exchange Market 2019 & 2029 (USD Billion)
- FIG 18. Latin America Private Branch Exchange Market 2019 & 2029 (USD Billion)
- FIG 19. Global Private Branch Exchange Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
