North America Hosted PBX Market – Industry Analysis and Forecast (2019-2026) _ by Component (Solutions and Services), Service (Virtual Deployment and Setup, Bandwidth Management and Optimization, Online Charging Services, Emergency Call Routing Services, Compliance Management Services, Protocol Management Services, Network Traffic Management, Virtual Assistance and Support, Configuration and Change Management), Organization Size (Large enterprises and Small and Medium-sized Enterprises (SMEs)), Vertical (IT, Healthcare, Retail, Government and Public Sector, BFSI, Education, Manufacturing, and Others), and Geography (US, and Canada)
Hosted private branch exchange also known as hosted PBX is a telephone exchange system that are built, delivered as well as managed by a third-party service provider. Hosted PBX is usually an IP-based telephony solution that are provisioned and accessed entirely through the Internet. The hosted PBX are also referred to as cloud PBX or hosted voice.
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Hosted PBX Market valued USD XX Billion in 2016 and expected to reach USD XX Billion by 2024, at a CAGR of XX%.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2019-2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the component, service, organization size, vertical, and geography to assist in strategic business planning.
The hosted PBX systems in North America offer a wealth of benefits that includes low cost, scalability, and redundancy among others. Additionally, these solutions come with standard features comprising of call routing, transfer, call waiting, on-hold music, and more. The hosted solutions are used as they make efficient use of office space, budgets, IT staff, as well as web connectivity.
The Virtual deployment and setup segment is expected to witness huge market growth and a large market share:
Virtual deployment and setup segment is anticipated to have the highest market size during the forecast period as it provides enterprises in setting up IP telephony by accessing virtual support and assistance through the internet.
US held one of the largest share of the market during the forecast period:
US held the largest share for the North America hosted PBX market due to the rise in clod based services among network providers as well as growth of the telecommunication sector.
Scope of the Report:
North America Hosted PBX Market, by Component: Solutions and Services.
North America Hosted PBX Market, by Service: Virtual Deployment and Setup, Bandwidth Management and Optimization, Online Charging Services, Emergency Call Routing Services, Compliance Management Services, Protocol Management Services, Network Traffic Management, Virtual Assistance and Support, Configuration and Change Management
North America Hosted PBX Market, by Organization Size: Large enterprises and Small and Medium-sized Enterprises (SMEs)
North America Hosted PBX Market, by Vertical: IT, Healthcare, Retail, Government and Public Sector, BFSI, Education, Manufacturing, and Others
North America Hosted PBX Market, By Geography: US and Canada
North America Hosted PBX Market, Company profiles:
• Cisco Systems
• AT&T
• Avaya
• XO Communications
• Telesystem
• OneConnect
• InterGlobe Communications
• 3CX
• BT Group
• Mitel Networks
• Polycom
• Comcast Business
• MegaPath
• CenturyLink
• RingCentral
• Star2Star Communications
• Nexge Technologies
• Nextiva
• NovoLink Communications
• Datavo