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Technavio Says Rapid Advances in Communication Infrastructure Will Upgrade the Unified Communications Market in SMBs in the US by 2019Rapid advances in communication infrastructure has led to the growth of the Unified Communications (UC) Market in SMBs in the US, which is expected to post a CAGR of 13.82 percent from 2014-2019, says research firm Technavio. Rapid industrialization has created demand for seamless communication among organizations in the US. The commercial sector plays a crucial role in the development of the economy, and therefore demand for advanced communication infrastructure has driven R&D innovations in this sector. "The evolution of satellite, wireless and terrestrial transmission system arenas is also boosting the growth of the commercial sector," says Faisal Ghaus, Vice President of Technavio. The latest report by Technavio emphasizes the growing adoption of cloud-based UC systems. Cloud-based solutions are gaining traction among SMBs because f the rise in internet penetration. These solutions offer integration of voice and video conferencing and real-time services into an internet-based single interface. "A cloud-based UC system helps enhance communication among employees, improves productivity and reduces costs," says Ghaus. Technavio currently has more than 3000 market research reports on a huge range of topics, including:
About Technavio Technavio is a leading global technology research and advisory company. Founded in 2003, Technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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