TYSONS CORNER, VA, June 17, 2016 — Research and Markets predicts that the unified communications-as-a-service market will post a compound annual growth rate of 11.2 percent through 2022 due to increased investments, ExecutiveBiz reported Thursday.
The market research firm said May 26 the rise of business process outsourcing in the banking, financial services, insurance and logistics sectors contribute to the UCaaS investments.
The key market players identified in Research and Markets’ report are Alcatel-Lucent, Avaya, Cisco (Nasdaq: CSCO), Computer Sciences Corp., Hewlett Packard Enterprise (NYSE: HPE), IBM (NYSE: IBM), Microsoft (Nasdaq: MSFT), Polycom (Nasdaq: PLCM), Verizon Communications and Voss.
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