What is Hosted PBXMarket?
Hosted PBX (private branch exchange) is a cloud based system which can be accessed via IP network and managed by third party service providers. This IP based telephony solution is managed off-site thus requires no maintenance. Additionally, it provides enterprises the ability to manage their phone system with the help of control panel.
Market Trend
Integration With More Advanced Communication, More Enterprise-Level Functionality and Better Integration With Business Apps
Market Drivers
Growing Enterprise Mobility, Growing Adoption of Cloud and Unified Communication and No Up Front Capital Expenditures
Opportunities
Growing Telecom Cloud Adoption and Rising Web based Real-Time Communications system
The Players Covered in the Study are:
AT&T [United States], BT Group [United Kingdom], Cisco Systems [United States], 8x8 [United States], Avaya [United States], Megapath [United States], Centurylink [United States], Polycom [United States], Mitel Networks [Canada], Ringcentral [United States], Comcast Business [United States], XO Communications [United States], Ozonetel [India], Nexge Technologies [United States], Bullseye Telecom [United States], TPX Communications [United States], Telesystem [Canada], Oneconnect [United States], Interglobe Communications [United States], 3CS [Turkey], Star2star Communications [United States], Nextiva [United States], Novolink Communications [United States], Datavo [United States] and Digium [United States]
Regulatory Framework:
Hosted PBX services are subjected to data breach and it requires strong data protection laws. Global organization such as General Data Protection Regulation (GDPR) has stern rule regarding public data breach where companies are liable to pay 4 % of their annual turnover or €20 million, whichever is greater, in case of public data breach.
Available Customization:
List of players that can be included in the study on immediate basis are nexVortex, Inc. [United States], Vonage [United States], Engin Limited [Australia], Alpha Telecom Services [Canada], Allstream Inc [Canada], AstraQom International [United States], Birch Communications, Inc. [United States] and Nurango Networks [Canada].