Japan Unified Communication As A Service Market Size & Outlook
Japan unified communication as a service market, 2018-2030 (US$M)
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Japan unified communication as a service market highlights
- The Japan unified communication as a service market generated a revenue of USD 3,372.8 million in 2023 and is expected to reach USD 12,518.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 20.6% 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 3,372.8 million |
| Market revenue in 2030 | USD 12,518.5 million |
| Growth rate | 20.6% (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, Japan accounted for 4.9% 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 Asia Pacific, China unified communication as a service market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 13,441.0 million by 2030.
Public cloud was the largest segment with a revenue share of 70.92% in 2024. Horizon Databook has segmented the Japan unified communication as a service market based on public cloud, private cloud covering the revenue growth of each sub-segment from 2018 to 2030.
This can be ascribed to the growing inclination regional companies to migrate from on-premise to cloud-based models. Moreover, the expansion of various UCaaS providers in the country to offer their solutions and services to the domestic countries to help them enhance their operations is also opening new growth avenues for the market.
In addition, favorable government initiatives for the expansion of 5G networks in the country are also expected to drive the market growth. In 2022, the Japanese government revealed its plans to triple the availability of 5G services in the country covering 95% of the population.
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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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Japan unified communication as a service market size, by deployment, 2018-2030 (US$M)
Japan Unified Communication As A Service Market Outlook Share, 2024 & 2030 (US$M)
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