Cloud Communication Platform Market is expected to grow $4.45 Billion by 2021

1. Cloud Communication Platform Market worth $4.45 Billion by 2021

2. Scope of The Report The research report categorizes the Cloud Communication Platform Market to forecast the revenues and analyse the trends in each of the following subsegments: • Unified Communication and Collaboration (UCC/UCaaS) • Web Real-Time Communication (WebRTC) • Interactive Voice Response (IVR) • Voice over Internet Protocol (VoIP) • Application Programming Interface (API) • Reporting and Analytics • Training and consulting • Support and maintenance • Managed services By Solution By Service And More…

3. Key Segments The cloud communication platform market is estimated to grow from $1.36 Billion by 2016 to $4.45 Billion by 2021, at a CAGR of 26.8% from 2016 to 2021. 1 The reporting and analytics solution is expected to grow at the highest CAGR and the Unified Communication and Collaboration (UCC/UCaaS) solution is expected to have the largest market share during the forecast period. 2 Considering the regional analysis of the cloud communication platform market, North America is projected to hold the largest market share. 3 The major vendors providing cloud communication platform solutions and services are 8x8, Inc.; Avaya, Inc.; Cisco Systems, Inc.; Twilio; NetFortris; Nexmo; West IP Communication; Telestax; Plivo; and CallFire. 4 5 The scope of the report covers detailed information regarding the major factors influencing the growth of the cloud communication platform market, such as drivers, restraints, opportunities, and challenges.

4. Market Growth Rate CAGR 2016 2021 Market Size of $1.36billion Market Size of $4.45 billion 26.8%

5. Key Vendors Major Players • 8x8, Inc • Avaya, Inc • Cisco Systems, Inc • NetFortris • Nexmo • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/cloud-communication-platform-market-227618526.html

6. Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR

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