Virtual Private Branch Exchange System Market

Virtual PBX (also known as cloud, hosted, or IP PBX) system works on cloud computing technology in which data are stored and transferred through the Internet instead of using a computer or any other hardware. Cloud technology has become popular among consumers with the introduction of programs such as MobileMe and iCloud. These are consumer-based cloud computing technologies.
Analytics are playing a major part in cloud computing and VoIP worldwide, and backend analytics have become a predominant component of the VoIP cloud-based PBX model. VoIP systems that are reinforced by the cloud present the capacity to support a broad range of backend performance and management analytics. It offers data that are required for businesses to enhance their processes. Backend analytics is a tool that offers the foundation for businesses in order to ensure the competitive edge in a highly competitive enterprise market.
Virtual Private Branch Exchange System Market contains market size and forecasts of Virtual Private Branch Exchange (PBX) System in Global, including the following market information:
Global Virtual Private Branch Exchange (PBX) System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Virtual Private Branch Exchange (PBX) System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Unlimited PBX Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Virtual Private Branch Exchange (PBX) System include Microsoft, Cisco, Mitel Networks, RingCentral, Verizon, MegaPath, Nextiva, 3CX and Estech Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Virtual Private Branch Exchange (PBX) System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Virtual Private Branch Exchange (PBX) System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Virtual Private Branch Exchange (PBX) System Market Segment Percentages, by Type, 2021 (%)
Unlimited PBX
Metered PBX
Global Virtual Private Branch Exchange (PBX) System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Virtual Private Branch Exchange (PBX) System Market Segment Percentages, by Application, 2021 (%)
SMEs
Large Enterprises
Global Virtual Private Branch Exchange (PBX) System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Virtual Private Branch Exchange (PBX) System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Virtual Private Branch Exchange (PBX) System revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Virtual Private Branch Exchange (PBX) System revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Microsoft
Cisco
Mitel Networks
RingCentral
Verizon
MegaPath
Nextiva
3CX
Estech Systems
8x8
Sangoma
Panasonic
NetFortris
TPX Communications