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 |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to unified communication as a service market will help companies and investors design strategic landscapes.
Public cloud was the largest segment with a revenue share of 73.26% in 2023. 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.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil unified communication as a service market , including forecasts for subscribers. This country databook contains high-level insights into Brazil unified communication as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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