Enterprise Communication Infrastructure Market 2020 | Intelligence Insights by Growth Rate, Industry Size, Industry Scope, Current Trends, Future Forecast to 2024

Enterprise Communication Infrastructure

The “Enterprise Communication Infrastructure Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Enterprise Communication Infrastructure market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Enterprise Communication Infrastructure market report also includes new upcoming technology of Enterprise Communication Infrastructure Industry that will help to our clients.

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Market Overview:

  • The enterprise communication infrastructure market is poised to grow at a CAGR of 17.53% during the forecast period 2019 – 2024. The growing need to upgrade outdated IT communication infrastructure is also motivating many organizations to invest in the enterprise’s communication infrastructure market.
  • – According to the Spiceworks’ 2019 State of IT, 89% of companies surveyed expect their IT budgets to grow or remain considerable in 2019. 56% of companies with more than 5,000 employees reported that they were expecting their IT budgets to increase in 2019.
  • – The primary driver behind the investments has been the continuous evolution and application of new technologies to unlock enormous volumes that were previously considered non-commercial.
  • – Another prominent trend in the market aiding the growth of enterprise communication infrastructure is the increasing rate of smartphone penetration, owing to increasing BYOD policies.
  • – Adoption of cloud services also continues to influence enterprise spending. Cloud-based solutions are also helping organizations in creating a more effective unified platform for internal and external communication. The growing adoption of cloud services, especially among SMEs, is also promoting the further development of the market.
  • – However, the growing data security concerns as well as poor IT infrastructure, especially in the developing regions, are some of the factors restraining the market growth.

    Enterprise Communication Infrastructure Market Covers Key Players:

  • Microsoft Corporation
  • Orange SA
  • Avaya Inc
  • IBM Corporation
  • Cisco Systems Inc.
  • Alcatel
  • Lucent SA
  • Verizon Communications
  • DXC technology
  • NEC Corporation
  • 8×8 Inc.
  • Mitel Network Corporation
  • AT&T Corporation

    Some Major Points Covered in Enterprise Communication Infrastructure Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • Enterprise communications infrastructure encompasses server-based products and software that provide a central platform for communications for enterprises and other organizations. A key part of the enterprise communications proposition is the promise of more consistent user experience across a wider range of communications channels and features. To achieve this, a critical task is to tightly integrate the server-based communications products and application functionality into a UC infrastructure.

    Key Market Trends:

    Retail Segment has Significant Share in the Market

    – With the growing multi-channel retail, over which customers and employees communicate, enterprise communications have the potential to, not only enhance the overall customer experience but also deliver significant cost-savings and flexibility leveraging competitive advantage.
    – With the explosion in the use of technology by multi-channel retailers, enterprise communication infrastructure enables the integration of new and emerging technologies, including interactive kiosks, electronic signage, multimedia, geo-positioning, fly vision, etc.
    – Companies that outshine in engaging customers across channels including web, mobile, social media and in-store retain twice as many customers than without effective cross channel customer care strategies. This drives retailers for omnichannel communication adoption as they can give an Omnichannel experience to customers,
    – To design a multi-dimensional and satisfying shopping experience for the customer, corporate executives, field managers, and store employees need access to a broad range of products and organizational information.
    – For instance, Aberdeen Group Inc. in a study found that companies with the most robust Omnichannel strategies retain 89% of customers than 33% with weaker Omnichannel strategy. Customers use two or more devices when making a purchase.

    North America to Hold the Largest Market Share

    – North America is expected to dominate the global enterprise communication infrastructure market, as it is one of the early adopters of the technology. It is also because most of the major players in the market are US-based. The cloud adoption among the regional end-user is also quite high. Hence, the investment in the studied market is too high.
    – Many of the market vendors in the region are also investing in innovating additional and unique features to their offering, in order to gain a competitive advantage as well as to expand their customer target base.
    – For instance, Google is trying to expand its reach into enterprise communications launching its Google Contact Center AI and Google Voice at Google Next 2018. The company’s Google Contact Center AI will enhance, strengthen, and accelerate a variety of customer engagement solutions with Google’s AI capabilities. Its Google Voice will help the business, by making Google-hosted telephony available to G Suite subscribers.
    – In 2019, the US-based company, IntelePeer, a Communications-Platform-as-a-Service (CPaaS) provider, launched Atmosphere SmartFlows, a visual workflow builder, and Atmosphere Engage, a communications management application.This is also expected to bring advancement in the regional and global market, which expands the market scope further.

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    Detailed TOC of Enterprise Communication Infrastructure Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growing Trends Towards Mobility and BYOD
    4.3.2 Growing Adoption of Cloud Based Solutions Especially for Global Communication Solutions
    4.4 Market Restraints
    4.4.1 Data Security and Privacy Issues
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Deployment
    5.1.1 On-Premise
    5.1.2 Cloud
    5.2 By Application
    5.2.1 Consumer Experience
    5.2.2 Enterprise Collaboration
    5.2.3 Digital Business
    5.2.4 Other Applications
    5.3 By End User
    5.3.1 IT and Telecom
    5.3.2 Manufacturing
    5.3.3 BFSI
    5.3.4 Healthcare
    5.3.5 Government
    5.3.6 Retail
    5.3.7 Other End Users
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Latin America
    5.4.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Microsoft Corporation
    6.1.2 Orange SA
    6.1.3 Avaya Inc
    6.1.4 IBM Corporation
    6.1.5 Cisco Systems Inc.
    6.1.6 Alcatel-Lucent SA
    6.1.7 Verizon Communications
    6.1.8 DXC technology
    6.1.9 NEC Corporation
    6.1.10 8×8 Inc.
    6.1.11 Mitel Network Corporation
    6.1.12 AT&T Corporation

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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