The North American UC and hosted IP telephony market is projected to approach $10 billion by 2020.
There is no denying that unified communications is a more legitimate area of investment for organizations in virtually every industry, with small businesses becoming specifically more engaged in Voice over Internet Protocol and video conferencing strategies.
Voice over Internet Protocol phone systems have been among the most common initial investments in the unified communications realm, and this has remained consistent since the early 2000s.
Voice over Internet Protocol could be considered as one of the first steps the world took toward unified communications, as it offered companies opportunities to connect their traditional phone functionality to Web-based services.
When a new technology makes waves right out of the gate, some experts and analysts will begin to question just how long growth can be sustained, and this has certainly been a theme among unified communications tools.
Although the private sector has certainly been at the cutting edge of unified communications deployments in the past few years, notably with the mass shift away from traditional phones and toward Voice over Internet Protocol systems, the public sector has been just as aggressive in its investments.
Voice over Internet Protocol phone systems have quietly and quickly become some of the most highly demanded aspects of unified communications, with a growing majority of organizations making the switch away from traditional equipment and toward these digital, feature-rich options.
Voice over Internet Protocol is one of the primary pieces of equipment that businesses provision when beginning to overhaul their communications frameworks and replace them with modernize tools.
The massive transition away from traditional phone services and toward modern Voice over Internet Protocol business systems has had a profound impact on organizations from around the world, as well as of all sizes and in virtually every industry.
Many companies will cite stronger spend management performances as a core reason for adopting unified communications solutions, and the level of savings that can come from these investments are significant.