PUBLISHER: The Business Research Company | PRODUCT CODE: 1713702
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713702
Unified communications (UC) refers to the integration of various communication tools and technologies into a single platform to streamline communication and collaboration within an organization. This integration helps improve productivity by providing a cohesive and efficient communication experience.
The main types of products in unified communications are on-premise and cloud-based. On-premise unified communications refers to a system where all hardware, software, and infrastructure are installed and managed locally within an organization's physical location. These systems encompass various components, including solutions and services, and support applications such as unified messaging, conferencing, video, contact centers, telephony, and others. They cater to a diverse range of end users, including healthcare, education, government, banking, financial services and insurance, information technology and telecom, retail, enterprises, and others.
The unified communications market research report is one of a series of new reports from The Business Research Company that provides unified communications market statistics, including unified communications industry global market size, regional shares, competitors with a unified communications market share, detailed unified communications market segments, market trends and opportunities, and any further data you may need to thrive in the unified communications industry. This unified communications market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The unified communications market size has grown rapidly in recent years. It will grow from $127.51 billion in 2024 to $153.01 billion in 2025 at a compound annual growth rate (CAGR) of 20.0%. The growth in the historic period can be attributed to increased productivity of remote workers, increased demand for connected interfaces, a shift toward remote and hybrid work, and increased productivity of the workforce and savings.
The unified communications market size is expected to see rapid growth in the next few years. It will grow to $313.71 billion in 2029 at a compound annual growth rate (CAGR) of 19.7%. The growth in the forecast period can be attributed to rising adoption of IT in enterprise business, growing government initiatives, growing concerns regarding data security and privacy, the growing importance of customer experience, and the rising importance of collaboration tools. Major trends in the forecast period include increasing adoption of remote work, technological advancements, cloud technology adoption, adoption of 5G technology, and rapid acceptance of new technologies.
The growing adoption of remote work is expected to drive the growth of the unified communications market. Remote work involves employees performing their job duties from locations outside the traditional office environment. This shift is driven by technological advancements that enable seamless communication and collaboration, as well as the flexibility it offers, which enhances work-life balance and employee satisfaction. Unified Communications supports remote work by integrating various communication tools into a single platform, ensuring seamless collaboration and efficient information sharing regardless of location. For example, in February 2022, AT&T Inc., a US-based telecommunications company, reported that the percentage of companies adopting a hybrid work model-where employees alternate between remote and office work-is projected to rise from 42% in 2021 to 81% by 2024. Thus, the increasing adoption of remote work is fueling growth in the unified communications market.
Major companies in the unified communications market are focusing on developing technologically advanced solutions, such as cloud-based unified communication services, to enhance scalability, flexibility, and integration across various communication channels. Cloud-based unified communication systems are hosted on cloud servers and integrate various communication tools, offering increased scalability, flexibility, and cost efficiency by eliminating the need for physical hardware and enabling easy updates and maintenance. For example, in April 2023, Ooredoo, a Qatar-based telecommunications company, introduced Cloud PABX, a new cloud-based unified communications solution. This service streamlines communication for businesses, especially SMBs, by providing advanced collaboration and communication tools that integrate with Webex Calling, Webex Meeting, Microsoft Teams, and various IP phones. It includes key features such as fixed mobile convergence, unified messaging, call control services, and voice and video conferencing.
In July 2022, Telefonaktiebolaget LM Ericsson, a Sweden-based telecommunications and networking equipment provider, acquired Vonage Holdings Corp for $6.2 billion. This acquisition is intended to strengthen Ericsson's position in the enterprise market by integrating Vonage's CPaaS with advanced 5G technologies, boosting innovation, and expanding its global communications solutions. Vonage Holdings Corp., based in the US, provides cloud communications and unified communications services.
Major companies operating in the unified communications market are Microsoft Corporation, Verizon Communications Inc., Huawei Technologies Co. Ltd., International Business Machines Corporation, Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, NEC Corporation, Atos SE, Logitech International S.A., Zoom Video Communications Inc., Avaya Holdings Corp., RingCentral Inc., Plantronics Inc., Mitel Networks Corporation, Alcatel-Lucent Enterprise, Barco N.V., 8x8 Inc., Sangoma Technologies Corporation, BlueJeans Network Inc., Lifesize Inc., Pexip Holding ASA, CounterPath Corporation, StarLeaf Ltd., Fuze Inc., Grandstream Networks Inc., Aastra Technologies Limited, Crestron Electronics Inc., Zultys Inc.
North America was the largest region in the unified communications market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unified communications market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the unified communications market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The unified communications market consist of revenues earned by entities by providing services such as video conferencing, instant messaging, mobile integration, and unified messaging. The market value includes the value of related goods sold by the service provider or included within the service offering. The unified communications market also includes sales of VoIP phones, video conferencing systems, instant messaging platforms, and unified messaging systems. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Unified Communications Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on unified communications market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for unified communications ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The unified communications market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.