RENO, Nev., September 27, 2022 /PRNewswire/ — New second-quarter information from Synergy Analysis Group reveals that Microsoft and Zoom proceed to develop their share of the UCaaS market. Whereas the UCaaS subscriber base within the second quarter elevated by 20% over final yr, Microsoft and Zoom elevated by 40%. They each maintain market shares of round 10%, in comparison with 2019, when Microsoft was only a minor participant and Zoom first launched a service. In the meantime, market chief RingCentral’s subscriber base grew 24% within the second quarter, serving to it preserve a market share of round 21%. Of the opposite main distributors, 8×8, Cisco, and LogMeIn all elevated their subscriber numbers, however noticed their market shares stay comparatively flat. Additional down the market share rating, Dialpad was essentially the most notable vendor with a development fee effectively above the general market development fee.
The entire variety of UCaaS subscribers now exceeds 21 million, having doubled for the reason that finish of 2019. The worldwide market continues to be dominated by the USA, which accounts for almost three quarters of all UCaaS subscribers. Whereas development is robust in all areas, market improvement remains to be in its infancy in most different nations, with the UK and Germany being by far the most important markets outdoors of the USA.
“Throughout all segments, the Covid pandemic has helped speed up the transition from on-premises PBX to UCaaS. This has given specialist UCaaS distributors an enormous increase, with RingCentral robust throughout the board, whereas Microsoft is doing significantly effectively within the center market, and Zoom is the principle challenger in giant enterprises,” stated Jeremy Duke, founder and chief analyst of Synergy Analysis Group. “Because the UCaaS growth continues, an attention-grabbing current improvement has been the rise of so-called BYOC (Convey Your Personal Provider) options. BYOC UCaaS permits enterprises to make use of their current UCaaS or hosted PBX investments inside of a collaboration platform, with out the necessity to tear out and change what’s presently deployed.We count on robust development for UCaaS and BYOC UCaaS over the following 5 years.
Concerning the Synergy Analysis Group
Synergy gives quarterly market monitoring and segmentation information on IT and cloud-related markets, together with vendor income by section and area. Market shares and forecasts are offered through Synergy’s on-line SIA™ database, which permits easy accessibility to complicated datasets. Synergy’s Aggressive Matrix™ and CustomView™ take this analysis functionality one step additional, permitting our purchasers to obtain ongoing quantitative market analysis that matches their inside and govt view of the market segments wherein they compete.
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SOURCE Synergy Analysis Group
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