Unified comms market to double by 2014
Analysts claim the $8 billion Unified Communications market in the EMEA region will break through $16 billion in the next three years.
The growth of Unified Communications (UC) is set to continue in the coming years, if the latest analyst predictions are to be believed.
IDC has claimed the vale of the UC market in Europe, the Middle East and Africa (EMEA) which was worth around $8 billion (5 billion) in 2010 is set to more than double in the next three years, breaking through the $16 billion barrier by 2014.
"IDC predicts moderate year-over-year growth in the next five years and believes that the impact of the credit crunch across the EMEA region will continue to make enterprises more cautious when deciding whether or not to invest in new IT equipment," said Isabel Montero, senior research analyst at IDC.
"Budgets in this region will continue to be more closely monitored, restricted, or delayed until recovery in the economy is more notable."
Although traditional solutions are gaining the popularity now, the analyst firm claimed hosted and cloud-based solution would become the dominant force in the market in the latter part of the next five years, with the trend especially apparent in the small and medium-sized business (SMB) market.
IDC also predicted there would be a large number of mergers and acquisitions, with UC firms being bought up by older legacy vendors, keen to incorporate the technology into their product portfolios.
Get the ITPro. daily newsletter
Receive our latest news, industry updates, featured resources and more. Sign up today to receive our FREE report on AI cyber crime & security - newly updated for 2024.
Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.
Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.