Cloud Telephony Services Market Is Scheduled To Embark On A Positive Trajectory, Registering A CAGR Of 9.5% By 2032

Cloud Telephony Services Market Analysis Provides Latest Trends and Drivers for 2022-2032

Global Cloud Telephony Services market study sheds light on the important growth dynamics expected to prevail across the assessment period. (Insert forecast period). The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.

The market report tracks the global sales of Cloud Telephony Services in 20+ high growth markets, along with analysing the impact of COVID-19 has had on information & communication technology (ICT) industry and Cloud Telephony Services sector in particular.

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How will Sales of Cloud Telephony Services will foster in 2022 and beyond?

In its latest report, Fact.MR offers an exhaustive overview of the global Cloud Telephony Services market with focus on key dynamics, including drivers, restraints, opportunities, trends and detailed information about the global Cloud Telephony Services market structure.

Cloud Telephony Services market sales across the world will rise with the increasing adoption of wireless technology and penetration of digital media. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for the survival.

In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.

ICT companies. are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

China's ICT industry will register high growth opportunities, especially as tech companies focus on digital transformation in the field of robotic process automation, data theft security, cloud & edge computing and cybersecurity.

Market players across China are shifting their focus on customer needs by taking a more nuanced approach through new service offering and by adopting various strategies such as product development and innovation.

The ICT sector across the U.K., France, and Germany will register robust growth during the forecast period owing to the increasing research & development activities for the development of novel technologies. Rising adoption of artificial intelligence and big data science among the ICT service providers will boost the growth.

Advent of 5G wireless technology across India will aid the growth of ICT sector combined with the adoption of edge computing within various end-use sectors such as healthcare, automotive and food & beverage industry. Emergence of e-commerce platforms within the manufacturing companies of diverse end-use sectors will improve the demand over the coming years.

Rise in adoption of autonomous vehicles across South Korea and Japan is improving the adoption of computing technologies for higher connectivity in the automobiles. This trend will strengthen the growth of ICT industry.

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Key Segments Covered in the Cloud Telephony Services Industry Analysis

Cloud Telephony Services by Deployment

Hosted Cloud Telephony Services
Cloud Telephony Services
Cloud Telephony Services by Enterprise Size
Cloud Telephony Services for SMEs
Cloud Telephony Services for Large Enterprises
Cloud Telephony Services by Network
Cloud Public Switched Telephone Networks (PSTNs)
Cloud Telephony Voice-over-Internet Protocol (VOIP) Service Network

Cloud Telephony Services by Application

Cloud Telephony Services for Conferencing
Cloud Telephony Services for Multi-level IVR
Cloud Telephony Services for Sales & Marketing
Cloud Telephony Services for Customer Relationship Management (CRM)
Cloud Telephony Services for Other Applications

Cloud Telephony Services by Industry

Cloud Telephony Services in BFSI
Cloud Telephony Services in Education
Cloud Telephony Services in Government
Cloud Telephony Services in Healthcare
Cloud Telephony Services in Media & Entertainment
Cloud Telephony Services in Retail
Cloud Telephony Services in Telecom & IT
Cloud Telephony Services in Other Industries

Cloud Telephony Services by Region

North America Cloud Telephony Services Market
Europe Cloud Telephony Services Market
Resto of the World Cloud Telephony Services Market

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Competitive Landscape

Prominent cloud telephony service providers are continuously innovating their service offerings, often collaborating with leading telecommunications or cloud based software providers. Besides, introducing new software, as well as taking over small to medium-scale vendors are some other strategies relied upon by key players. Some notable developments are as under:

In March 2022, cloud communication platform provider Dialpad partnered with MIA Distribution, an Australian unified communications-as-a-service (UCaaS) provider. Through this initiative, Dialpad hopes to make its cloud telephony services, most notably its TrueCaaS solution, throughout Australia. Dialpad also partnered with Google to list its UC-CC solution on the Google Cloud Marketplace
Likewise, Singapore Telecommunications Limited (SingTel) introduced Paragon- a revolutionary platform enabling enterprises to tap into SingTel's 5G network to activate network slices on demand and deploy mission-critical applications on SingTel MEC in February 2022. Additionally, the solution provides access to robust ecosystems of partner applications, offering unparalleled control and choices
In June 2020, 8x8 Inc. introduced an enterprise-grade cloud telephony solution for Microsoft Teams environments, allowing organizations to scale and deliver work-from-anywhere communications. The solution delivers an enterprise-class and easy-to-administer global voice solutions for IT leaders, while retaining the Microsoft Teams experience for users

Recent Developments in the Cloud Telephony Services:

ENVEA will launch Mercury CEMS in October 2021. (SM-5). It enables the monitoring of very low mercury contents in flue gas emissions in a continuous, accurate, and reliable manner.
Emerson will release the Rosemount XE10 CEMS in September 2021. It is intended to assist industrial units in complying with increasingly stringent environmental requirements as well as growing sustainability demands.
Baker Hughes launched System 1 Predictive Cloud Telephony Services (PEMS) in February 2020, which forecasts the amount of stack emissions produced by combustion equipment based on ambient circumstances, fuel mix, and machine operating parameters.
Recent Developments in the Cloud Telephony Services Market

Sophos Email Advanced Portal Encryption will be available to customers and partners as an add-on product to Sophos Email Advanced beginning in May 2021. Portal Encryption allows email senders to safely transmit encrypted communications to a web portal.
Mimecast engaged established a strategic agreement with Netskope, a cloud security firm, in February 2021. Businesses will be able to safeguard cloud services and emails using enterprise-grade DLP solutions as a result of the strategic partnerships.
MicrosoftTrend Micro will be a Microsoft Gold Certified Partner in January 2021. Trend Micro has a long history of providing Microsoft security solutions. Trend Micro Cloud App Security, for example, interacts directly with Microsoft Office 365 to safeguard incoming and internal Office 365 emails against sophisticated malware and other threats.
Proofpoint Essentials Security Awareness will be available in August 2020. Through threat simulations, this system trains SMEs to recognise high-risk situations. This lessens the effect of phishing attacks and malware outbreaks.
Micro Focus will release Voltage SmartCipher in January 2020. This service enables safe file encryption across collaboration platforms including email and cloud-hosted settings. With permanent unstructured file encryption, the solution improves privacy compliance.

Key Regions Analysed

North America
Latin America
Europe
Asia-Pacific
Middle East & Africa

Key Country-wise Inclusions

US Cloud Telephony Services Market
Canada Cloud Telephony Services Sales
Germany Cloud Telephony Services Production
UK Cloud Telephony Services Industry
France Cloud Telephony Services Market
Spain Cloud Telephony Services Supply-Demand
Italy Cloud Telephony Services Outlook
Russia & CIS Market Analysis
China Cloud Telephony Services Market Intelligence
India Cloud Telephony Services Demand Assessment
Japan Cloud Telephony Services Supply Assessment
ASEAN Cloud Telephony Services Market Scenario
Brazil Cloud Telephony Services Sales Analysis
Mexico Cloud Telephony Services Sales Intelligence
GCC Cloud Telephony Services Market Assessment
South Africa Cloud Telephony Services Market Outlook

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