Market revenue in 2023 | USD 24,789.4 million |
Market revenue in 2030 | USD 79,394.0 million |
Growth rate | 18.1% (CAGR from 2023 to 2030) |
Largest segment | Public cloud |
Fastest growing segment | Private Cloud |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
Public cloud was the largest segment with a revenue share of 70.97% in 2024. Horizon Databook has segmented the North America 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 region is renowned for its seamless integration of online and offline channels, resulting in a unified customer experience.
Proactive services are intended to connect customers via various touchpoints, such as e-commerce platforms, social media, mobile applications, physical stores, and customer support channels.
This omnichannel approach ensures consistent and unified interactions, strengthening customer relationships. AI-driven intelligent virtual assistants are becoming increasingly prevalent in the region.
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