Brazil Unified Communication As A Service Market Size & Outlook
Brazil unified communication as a service market, 2018-2030 (US$M)
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Brazil unified communication as a service market highlights
- The Brazil unified communication as a service market generated a revenue of USD 1,612.6 million in 2023 and is expected to reach USD 6,830.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 22.9% from 2024 to 2030.
- In terms of segment, public cloud was the largest revenue generating deployment in 2023.
- Private Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
Unified communication as a service market data book summary
| Market revenue in 2023 | USD 1,612.6 million |
| Market revenue in 2030 | USD 6,830.2 million |
| Growth rate | 22.9% (CAGR from 2023 to 2030) |
| Largest segment | Public cloud |
| Fastest growing segment | Private Cloud |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Public Cloud, Private Cloud |
| Key market players worldwide | 8x8 Inc, Alcatel-Lucent Enterprise, Avaya, Cisco Systems Inc, International Business Machines Corp, Mitel Networks Corporation, NEC Corp, RingCentral Inc Class A |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global unified communication as a service market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil unified communication as a service market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 5,312.1 million by 2030.
Public cloud was the largest segment with a revenue share of 73.26% in 2024. Horizon Databook has segmented the Brazil unified communication as a service market based on public cloud, private cloud covering the revenue growth of each sub-segment from 2018 to 2030.
The unified communication as a service market in Brazil is expected to lead the market share in terms of revenue over the forecast period. This is attributed to the ongoing digital transformation in the country as businesses increasingly recognize the need to adopt modern communication and collaboration tools.
For instance, in March 2022, Cisco and NEC Corporation collaborated with Telefonica Vivo to implement an advanced, streamlined, and automated IP network in preparation for 5G deployment. This initiative is a significant component of the Fusion Network Project in Brazil and leverages innovative solutions from these two leading technology vendors.
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Unified Communication As A Service Market Scope
Unified Communication As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil unified communication as a service market size, by deployment, 2018-2030 (US$M)
Brazil Unified Communication As A Service Market Outlook Share, 2024 & 2030 (US$M)
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