Report Code: A08589 | Pages: NA | Mar 2023 | 2454 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Cloud Communication Platform Market
Request Now !Cloud communications platform is a cloud-based delivery model that allows organizations to add real time communication capabilities, such as voice, video and messaging, to business applications by deploying application program interfaces. It goes farther than VoIP and UC to reduce equipment costs, provide higher definition services with unmatched quality, and deliver a platform of advanced features that allow employees to work in ways and places they never imagined.Â
COVID-19 scenario Analysis:
Rise in adoption of cloud-based solutions, cost effectiveness of cloud communication platform solutions, rise in mobility, and growing trend of bring your own device devices drives growth of the cloud communication platform market. However, high initial cost, 3rd party dependence, lack of security is expected to hinder the growth of the market. In addition to this, growing adoption in small and medium enterprise, along with rise in usage of video calling and conferencing is expected to provide lucrative opportunities for the market.
The biggest key driving factor of this cloud communication platform market is that cloud has removed all physical barriers, which was a great challenge for the organization. Built on the physical infrastructure laid down for the internet and supported by wireless technologies like 4G, the cloud has created an alternative virtual plane for data sharing and communication and hence the organization are able to see this huge benefit which in turns driving the growth of this market.Â
Cloud hacking cases and cyber threats are some of the major challenge for this market. Organizations can’t afford to have sensitive information about the company or client fall victim to hackers. The small and medium enterprise hesitates to move towards the cloud communication due to the lack of security and cyber threats which is hindering the growth of the cloud communication platform market
Organizations are able to see a huge growth with adoption of cloud communication with adding more tools, apps, and devices supposed to improve communication. However, organizations are expected to see further integration with offerings of providers, everything from device to application as one complete service for all communication needs.Â
Key benefits of the report:
Cloud Communication Platform Market Report Highlights
Aspects | Details |
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By Component Type |
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By Deployment Type |
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By Organizational Size |
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By Industry Vertical |
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By Region |
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Key Market Players | Nokia Corp ., Avaya Inc., Cisco Systems Corp, Twilio Inc., Netfortis Inc., West IP communication Inc., Pilvo Inc., Nexmo Inc., Telestax Inc., 8*8 Inc. |
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