South Korea Unified Communication As A Service Market Size & Outlook
The unified communication as a service market in South Korea is expected to reach a projected revenue of US$ 1,008.2 million by 2030. A compound annual growth rate of 17.7% is expected of South Korea unified communication as a service market from 2025 to 2030.
Revenue, 2024 (US$M)
$371.7
Forecast, 2030 (US$M)
$1,008.2
CAGR, 2025 - 2030
17.7%
Report Coverage
South Korea
Related Markets
South Korea unified communication as a service market highlights
- The South Korea unified communication as a service market generated a revenue of USD 371.7 million in 2024 and is expected to reach USD 1,008.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 17.7% from 2025 to 2030.
- In terms of segment, public cloud was the largest revenue generating deployment in 2024.
- 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 2024 | USD 371.7 million |
| Market revenue in 2030 | USD 1,008.2 million |
| Growth rate | 17.7% (CAGR from 2025 to 2030) |
| Largest segment | Public cloud |
| Fastest growing segment | Private Cloud |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 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, South Korea accounted for 0.4% of the global unified communication as a service market in 2024.
- 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 13,569.4 million by 2030.
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Unified Communication As A Service Market Scope
Unified communication as a service market segmentation & scope
Unified Communication As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Alcatel-Lucent Enterprise | View profile | 1001-5000 | Colombes, Ile-de-France, France, Europe | https://www.al-enterprise.com/ |
| 8x8 Inc | View profile | 1948 | 675 Creekside Way, Campbell, CA, United States, 95008 | https://www.8x8.com |
| RingCentral Inc Class A | View profile | 4084 | 20 Davis Drive, Belmont, CA, United States, 94002 | https://www.ringcentral.com |
| Mitel Networks Corporation | View profile | 1001-5000 | Ottawa, Ontario, Canada, North America | http://www.mitel.com |
| Avaya | View profile | 10001+ | Durham, North Carolina, United States, North America | http://www.avaya.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| NEC Corp | View profile | 118527 | 7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan, 108-8001 | https://www.nec.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
South Korea unified communication as a service market size, by deployment, 2018-2030 (US$M)
South Korea Unified Communication As A Service Market Outlook Share, 2024 & 2030 (US$M)
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