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Cloud Computing and Continuous Improvement of Network Quality Propel UCaaS Market in APAC Finds Frost & Sullivan - Video collaboration services and mobility to be major strategic growth areas - Conferencing.Frost.com
Cloud Computing and Continuous Improvement of Network Quality Propel UCaaS Market in APAC Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Singapore, Singapore, 2013/11/13 - Video collaboration services and mobility to be major strategic growth areas - Conferencing.Frost.com.

   
 
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The market for Unified Communication as a service (UCaaS) is recovering as a result of better economic conditions and growing customer awareness of the benefits of hosted and cloud communications.

New analysis from Frost & Sullivan (conferencing.frost.com), Analysis of APAC UCaaS Market, finds that the market earned revenues of US$1.72 billion in 2012 and estimates this to reach US$3.90 billion in 2019. The research covers hosted enterprise telephony, collaboration services, UC application services, and hosted contact center services.

While hosted telephony and audio conferencing services are the two most established segments in the APAC UCaaS market, mobility and video collaboration services are fast catching up. Disruptive business models and emerging vendors are expected to drive the innovation and adoption of these technologies in the future.

Cloud computing and continuous improvement of network quality and connections also positively influence the market. The trends of mobility and bring-your-own-device further catalyse the adoption of UCaaS among large enterprises.

However, telecom regulations in countries like China and India have created major entry barriers for global telecom service providers, creating an unbalanced competitive landscape that could stifle innovation.

"Offering unique value to customers is another distinctive challenge in this space as most offerings are similar in terms of capabilities and pricing, and often lack simplicity, speed and scalability. To rise to this challenge, service providers need to bundle a broad set of capabilities," said Jessie Yu, Industry Manager for Frost & Sullivan's Asia Pacific Information and Communication Technologies practice.

Market participants also need to address concerns regarding security and data protection by ensuring service reliability. The absence of common protocols and standards among many local and regional service providers also hinder customer reach to their clients, partners and suppliers through advanced technologies such as video.

"Once common standards are in place, the most suitable strategy for migrating to UCaaS will be to integrate existing systems and legacy applications with the cloud," said Yu. "Moreover, to achieve long-term growth in a highly fragmented market such as this, partnerships and acquisitions are imperative. This would also serve to expand the breadth of knowledge and expertise of players, thereby increasing their chances of success," she added.

If you are interested in more information on this research, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

Analysis of APAC UCaaS Market is part of the Conferencing & Collaboration Growth Partnership Service program. Frost & Sullivan's related research services include: Asia Pacific Unified Communication Market, Asia Pacific Enterprise Telephony Market, Asia Pacific Enterprise Video Collaboration Market, Asia Pacific Enterprise Mobility Market, Asia Pacific Contact Center Systems Market, Asia Pacific Hosted Contact Center Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Analysis of APAC UCaaS Market / P70D-64

Media Contact:
Melissa Tan, Corporate Communications, Asia Pacific
P: +65 6890 0926 - E: melissa.tan[.]frost.com.

 
 
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Cloud Computing and Continuous Improvement of Network Quality Propel UCaaS Market in APAC Finds Frost & Sullivan

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