San Francisco, California, Nov. 18, 2014 (GLOBE NEWSWIRE) -- The global unified communication market is expected to reach USD 75.81 billion by 2020, according to a new study by Grand View Research, Inc. Increase in mobile workforce as well as enterprise mobility is expected to favorably impact the global market over the next six years. Growing demand and proliferation of smartphones is also expected to fuel market growth over the forecast period.
Increasing adoption of Bring Your Own Device (BYOD) initiatives by large enterprises as well as SMEs (small and medium enterprises) is a driving force for the industry. High initial investment as well as need for interoperability across various unified communication platforms may pose a restraint to the market.
Get More Details About Unified Communication Market: http://www.grandviewresearch.com/industry-analysis/unified-communication-market
Further key findings from the study suggest:
Full Report on "Global Unified Communication Market": http://www.grandviewresearch.com/industry-analysis/unified-communication-market
For the purpose of this study, Grand View Research has segmented the global unified communication market on the basis of product, application and region:
Unified Communication Product Outlook
(Revenue, USD Billion, 2012 - 2020)
• On premise
Unified Communication Application Outlook (Revenue, USD Billion, 2012 - 2020)
Unified Communication Regional Outlook (Revenue, USD Billion, 2012 - 2020)
• North America
• Asia Pacific
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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