1	INTRODUCTION	37 
1.1	STUDY OBJECTIVES	37 
1.2	MARKET DEFINITION	37 
1.3	STUDY SCOPE	38 
1.3.1	MARKET SEGMENTATION	38 
1.3.2	REGIONS COVERED	38 
1.3.3	INCLUSIONS & EXCLUSIONS	39 
1.4	YEARS CONSIDERED	39 
1.5	CURRENCY CONSIDERED	39 
TABLE 1	USD EXCHANGE RATES, 2020–2022	40 
1.6	STAKEHOLDERS	40 
1.7	SUMMARY OF CHANGES	40 
1.7.1	IMPACT OF RECESSION	40 
2	RESEARCH METHODOLOGY	41 
2.1	RESEARCH DATA	41 
FIGURE 1	HOSTED PBX MARKET: RESEARCH DESIGN	41 
2.1.1	SECONDARY DATA	42 
2.1.2	PRIMARY DATA	42 
2.1.2.1	Primary interviews with experts	42 
2.1.2.2	Breakdown of primary profiles	43 
FIGURE 2	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,  AND REGION	43 
2.1.2.3	Key insights from industry experts	43 
2.2	MARKET SIZE ESTIMATION	44 
FIGURE 3	HOSTED PBX MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES	44 
2.2.1	TOP-DOWN APPROACH	44 
FIGURE 4	MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): REVENUE OF OFFERINGS IN HOSTED PBX MARKET	45 
2.2.2	BOTTOM-UP APPROACH	45 
FIGURE 5	MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (DEMAND SIDE): REGIONAL SPENDING OF HOSTED PBX MARKET	46 
FIGURE 6	MARKET SIZE ESTIMATION USING BOTTOM-UP APPROACH	46 
2.3	DATA TRIANGULATION	47 
FIGURE 7	DATA TRIANGULATION AND MARKET BREAKUP	47 
2.4	RISK ASSESSMENT	48 
TABLE 2	RISK ASSESSMENT	48 
2.5	RESEARCH ASSUMPTIONS	48 
TABLE 3	RESEARCH ASSUMPTIONS	48 
  
2.6	LIMITATIONS AND RISK ASSESSMENT	49 
2.7	RECESSION IMPACT ANALYSIS	49 
3	EXECUTIVE SUMMARY	50 
FIGURE 8	HOSTED PBX MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD	51 
FIGURE 9	HOSTED PBX MARKET: REGIONAL SNAPSHOT	52 
4	PREMIUM INSIGHTS	53 
4.1	ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN HOSTED PBX MARKET	53 
FIGURE 10	INCREASING DEMAND FOR ENTERPRISE MOBILITY TO DRIVE MARKET	53 
4.2	SEGMENTS WITH SIGNIFICANT SHARES IN HOSTED PBX MARKET	53 
FIGURE 11	HOSTED PBX MARKET: SEGMENTS WITH SIGNIFICANT GROWTH RATE IN 2023	53 
4.3	HOSTED PBX MARKET, BY APPLICATION	54 
FIGURE 12	UNIFIED COMMUNICATION AND COLLABORATION SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023	54 
4.4	HOSTED PBX MARKET, BY OFFERING	54 
FIGURE 13	SERVICES SEGMENT TO ACCOUNT FOR HIGHER CAGR DURING FORECAST PERIOD	54 
4.5	HOSTED PBX MARKET, BY VERTICAL	55 
FIGURE 14	BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD	55 
4.6	NORTH AMERICA: HOSTED PBX MARKET, OFFERING AND TOP THREE VERTICALS	55 
FIGURE 15	SOLUTIONS AND BFSI SEGMENTS TO HOLD LARGEST MARKET SHARES IN 2023	55 
5	MARKET OVERVIEW AND INDUSTRY TRENDS	56 
5.1	INTRODUCTION	56 
5.2	MARKET DYNAMICS	56 
FIGURE 16	DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:  HOSTED PBX MARKET	57 
5.2.1	DRIVERS	57 
5.2.1.1	Rising demand for enterprise mobility	57 
5.2.1.2	Advancements in VoIP technology	58 
5.2.1.3	Increasing adoption of Unified Communication-as-a-Service (UCaaS)	58 
5.2.1.4	Shift of organizations from capital expenditure (CAPEX) model to operating expense (OPEX) model	58 
5.2.2	RESTRAINTS	59 
5.2.2.1	Security and privacy concerns	59 
5.2.2.2	Compatibility and interoperability issues	59 
5.2.3	OPPORTUNITIES	60 
5.2.3.1	WebRTC and 5G networks enhancing real-time communication	60 
5.2.3.2	Upsurge in remote learning	60 
  
5.2.4	CHALLENGES	60 
5.2.4.1	Growing concerns over Quality of Service (QoS)	60 
5.3	BRIEF HISTORY OF HOSTED PBX TECHNOLOGY	61 
FIGURE 17	BRIEF HISTORY OF HOSTED PBX TECHNOLOGY	61 
5.3.1	1990–2000	61 
5.3.2	2001–2010	61 
5.3.3	2011–2020	61 
5.3.4	2021–PRESENT	62 
5.4	ECOSYSTEM/MARKET MAP	62 
FIGURE 18	HOSTED PBX: ECOSYSTEM	62 
TABLE 4	HOSTED PBX MARKET: ECOSYSTEM	62 
5.5	CASE STUDY ANALYSIS	63 
5.5.1	CASE STUDY 1: BREKEKE PBX MT EDITION SIMPLIFIED MULTI-TENANCY FOR COST-EFFECTIVE CUSTOMIZED TELEPHONY	63 
5.5.2	CASE STUDY 2: XORCOM’S SOLUTION HELPED IN UPGRADING ATTON EL TESORO HOTEL’S IP TELEPHONY SYSTEM	64 
5.5.3	CASE STUDY 3: VIRTUALPBX 300 PLAN TRANSFORMED TSELLC’S WORK DISTRIBUTION MODEL	65 
5.5.4	CASE STUDY 4: VIRTUALPBX DASH PROVIDED MIND & MILL WITH SCALABLE AND EFFICIENT PHONE SYSTEM	65 
5.6	VALUE CHAIN ANALYSIS	66 
FIGURE 19	HOSTED PBX MARKET: VALUE CHAIN ANALYSIS	66 
5.6.1	SERVICE PROVIDERS	67 
5.6.2	SOFTWARE/APPLICATION PROVIDERS	67 
5.6.3	INFRASTRUCTURE PROVIDERS	67 
5.6.4	CHANNEL PARTNERS	67 
5.6.5	END-USE DEVICES	67 
5.7	REGULATORY LANDSCAPE	67 
5.7.1	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	67 
TABLE 5	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	67 
TABLE 6	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	68 
TABLE 7	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	68 
TABLE 8	REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	69 
5.7.1.1	North America	69 
5.7.1.1.1	US	69 
5.7.1.1.2	Canada	69 
5.7.1.2	Europe	69 
5.7.1.2.1	Germany	70 
5.7.1.2.2	UK	70 
  
5.7.1.3	Asia Pacific	70 
5.7.1.3.1	China	70 
5.7.1.3.2	India	70 
5.7.1.3.3	Japan	71 
5.7.1.4	Middle East & Africa	71 
5.7.1.4.1	UAE	71 
5.7.1.4.2	KSA	71 
5.7.1.5	Latin America	71 
5.7.1.5.1	Brazil	71 
5.7.1.5.2	Mexico	72 
5.8	PATENT ANALYSIS	72 
FIGURE 20	LIST OF MAJOR PATENTS	72 
5.8.1	LIST OF MAJOR PATENTS	73 
5.9	TECHNOLOGY ANALYSIS	76 
5.9.1	KEY TECHNOLOGIES	76 
5.9.1.1	Virtualization	76 
5.9.1.2	VoIP	76 
5.9.1.3	Cloud Computing	76 
5.9.1.4	Unified Communications (UC)	76 
5.9.1.5	Session Initiation Protocol (SIP)	76 
5.9.2	COMPLEMENTARY TECHNOLOGIES	77 
5.9.2.1	Natural Language Processing (NLP)	77 
5.9.2.2	Edge Computing	77 
5.9.2.3	Interactive Voice Response (IVR)	77 
5.9.3	ADJACENT TECHNOLOGIES	77 
5.9.3.1	5G	77 
5.9.3.2	Mobility	77 
5.10	PRICING ANALYSIS	78 
5.10.1	AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY BILLING CYCLE	78 
FIGURE 21	AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY BILLING CYCLE	78 
TABLE 9	AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY BILLING CYCLE (USD)	78 
5.10.2	INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY FEATURE	79 
TABLE 10	INDICATIVE PRICING ANALYSIS OF HOSTED PBX SOLUTIONS, 
BY FEATURE (USD)	79 
5.11	PORTER’S FIVE FORCES ANALYSIS	80 
TABLE 11	HOSTED PBX MARKET: PORTER’S FIVE FORCES ANALYSIS	80 
FIGURE 22	PORTER’S FIVE FORCES ANALYSIS	80 
5.11.1	THREAT OF NEW ENTRANTS	81 
5.11.2	THREAT OF SUBSTITUTES	81 
5.11.3	BARGAINING POWER OF BUYERS	81 
5.11.4	BARGAINING POWER OF SUPPLIERS	81 
5.11.5	INTENSITY OF COMPETITIVE RIVALRY	81 
5.12	TRENDS AND DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS	82 
FIGURE 23	TRENDS AND DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS	82 
5.13	KEY STAKEHOLDERS & BUYING CRITERIA	82 
5.13.1	KEY STAKEHOLDERS IN BUYING PROCESS	82 
FIGURE 24	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR  TOP THREE END USERS	83 
TABLE 12	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS (%)	83 
5.13.2	BUYING CRITERIA	83 
FIGURE 25	KEY BUYING CRITERIA FOR TOP THREE END USERS	83 
TABLE 13	KEY BUYING CRITERIA FOR TOP END USERS	84 
5.14	KEY CONFERENCES & EVENTS, 2023–2024	84 
TABLE 14	DETAILED LIST OF CONFERENCES & EVENTS, 2023–2024	84 
5.15	BEST PRACTICES IN HOSTED PBX MARKET	85 
5.15.1	NETWORK ASSESSMENT	85 
5.15.2	QUALITY OF SERVICE (QOS) CONFIGURATION	85 
5.15.3	SECURITY MEASURES	85 
5.15.4	REDUNDANCY AND HIGH AVAILABILITY	85 
5.15.5	BANDWIDTH MONITORING AND MANAGEMENT	85 
5.15.6	CODEC SELECTION	85 
5.15.7	REGULAR BACKUPS	86 
5.15.8	EMPLOYEE TRAINING	86 
5.15.9	VOIP-COMPATIBLE HARDWARE	86 
5.15.10	REGULAR SYSTEM UPDATES	86 
5.15.11	MONITORING AND ANALYTICS	86 
5.15.12	SCALABILITY PLANNING	86 
5.16	CURRENT AND EMERGING BUSINESS MODELS	86 
5.16.1	SUBSCRIPTION MODEL	86 
5.16.2	CONSUMPTION-BASED MODEL	86 
5.16.3	TIERED MODEL	87 
5.16.4	FREEMIUM MODEL	87 
5.16.5	WHITE-LABEL MODEL	87 
5.16.6	HYBRID AND MULTI-CLOUD MODELS	87 
5.16.7	MANAGED SERVICES AND OUTSOURCING	87 
5.16.8	PAY-AS-YOU-GROW	87 
5.17	HOSTED PBX TOOLS, FRAMEWORKS, AND TECHNIQUES	87 
5.18	FUTURE LANDSCAPE OF HOSTED PBX MARKET	88 
5.18.1	SHORT-TERM ROADMAP (2023–2025)	88 
5.18.2	MID-TERM ROADMAP (2026–2028)	88 
5.18.3	LONG-TERM ROADMAP (2029–2030)	88 
  
5.19	HOSTED PBX ARCHITECTURE	88 
5.19.1	HOSTED PBX PROVIDER	88 
5.19.2	VOIP PHONE	89 
5.19.3	INTERNET	89 
5.20	COMPARISON OF HOSTED PBX AND TRADITIONAL PBX	89 
6	HOSTED PBX MARKET, BY OFFERING	90 
6.1	INTRODUCTION	91 
FIGURE 26	SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	91 
6.1.1	OFFERINGS: HOSTED PBX MARKET DRIVERS	91 
TABLE 15	HOSTED PBX MARKET, BY SOLUTION, 2017–2022 (USD MILLION)	92 
TABLE 16	HOSTED PBX MARKET, BY SOLUTION, 2023–2028 (USD MILLION)	92 
6.2	SOLUTION	92 
6.2.1	NEED TO ENHANCE EFFICIENCY AND IMPROVE CUSTOMER EXPERIENCE AND ORGANIZATIONAL RESPONSIVENESS TO DRIVE MARKET	92 
TABLE 17	SOLUTION: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	93 
TABLE 18	SOLUTION: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	93 
6.3	SERVICES	93 
TABLE 19	SERVICES: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	94 
TABLE 20	SERVICES: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	94 
TABLE 21	HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	94 
TABLE 22	HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	94 
6.3.1	PROFESSIONAL SERVICES	95 
TABLE 23	PROFESSIONAL SERVICES: HOSTED PBX MARKET, BY TYPE, 2017–2022 (USD MILLION)	95 
TABLE 24	PROFESSIONAL SERVICES: HOSTED PBX MARKET, BY TYPE, 2023–2028 (USD MILLION)	95 
TABLE 25	PROFESSIONAL SERVICES: HOSTED PBX MARKET, BY REGION,  2017–2022 (USD MILLION)	95 
TABLE 26	PROFESSIONAL SERVICES: HOSTED PBX MARKET, BY REGION,  2023–2028 (USD MILLION)	96 
6.3.1.1	Deployment & Integration	96 
6.3.1.1.1	Need for seamless integration with existing hardware and software components to ensure optimal performance and security to drive market	96 
TABLE 27	DEPLOYMENT & INTEGRATION: HOSTED PBX MARKET, BY REGION,  2017–2022 (USD MILLION)	96 
TABLE 28	DEPLOYMENT & INTEGRATION: HOSTED PBX MARKET, BY REGION,  2023–2028 (USD MILLION)	97 
6.3.1.2	Training, Support, and Maintenance	97 
6.3.1.2.1	Need for trained staff to handle calls and systems and configure options to propel market	97 
TABLE 29	TRAINING, SUPPORT, AND MAINTENANCE: HOSTED PBX MARKET, BY REGION,  2017–2022 (USD MILLION)	97 
TABLE 30	TRAINING, SUPPORT, AND MAINTENANCE: HOSTED PBX MARKET, BY REGION,  2023–2028 (USD MILLION)	98 
6.3.2	MANAGED SERVICES	98 
6.3.2.1	Focus on streamlining and optimizing communication systems to fuel demand for hosted PBX managed services	98 
TABLE 31	MANAGED SERVICES: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	98 
TABLE 32	MANAGED SERVICES: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	99 
7	HOSTED PBX MARKET, BY APPLICATION	100 
7.1	INTRODUCTION	101 
FIGURE 27	CONTACT CENTER SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	101 
7.1.1	APPLICATIONS: HOSTED PBX MARKET DRIVERS	101 
TABLE 33	HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	102 
TABLE 34	HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	102 
7.2	UNIFIED COMMUNICATION & COLLABORATION	102 
TABLE 35	UNIFIED COMMUNICATION & COLLABORATION: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	103 
TABLE 36	UNIFIED COMMUNICATION & COLLABORATION: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	103 
7.2.1	REAL-TIME COMMUNICATION	103 
7.2.1.1	Availability of real-time communication tools and technologies to propel market	103 
7.2.2	FILE SHARING	104 
7.2.2.1	Need for simplifying and enhancing collaborative efforts to drive market	104 
7.2.3	REMOTE COLLABORATION	104 
7.2.3.1	Increased flexibility and responsiveness of hosted PBX systems to drive its use for remote collaboration	104 
7.2.4	FAX-ON-DEMAND	104 
7.2.4.1	Need for rapid document exchanges and enhanced workflow to boost demand for fax-on-demand UC&C	104 
7.3	MOBILITY	105 
7.3.1	NEED TO ENSURE SEAMLESS COMMUNICATION ACROSS DIVERSE LOCATIONS TO BOOST DEMAND FOR HOSTED PBX SOLUTIONS	105 
TABLE 37	MOBILITY: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	105 
TABLE 38	MOBILITY: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	106 
7.4	CONTACT CENTER	106 
TABLE 39	CONTACT CENTER: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	106 
TABLE 40	CONTACT CENTER: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	107 
7.4.1	VIRTUAL ASSISTANCE & SUPPORT	107 
7.4.1.1	Need for deploying automated systems to cater to routine customer queries and support needs to drive market	107 
  
7.4.2	CALL ROUTING & QUEUEING	107 
7.4.2.1	Need for management of incoming calls during peak hours to fuel demand for hosted PBX systems for call routing and queueing	107 
7.4.3	CALL RECORDING & MONITORING	108 
7.4.3.1	Need for ensuring compliance adherence, quality assurance, and dispute resolution to boost demand for hosted PBX systems for call recording and monitoring	108 
7.5	OTHER APPLICATIONS	108 
TABLE 41	OTHER APPLICATIONS: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	109 
TABLE 42	OTHER APPLICATIONS: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	109 
8	HOSTED PBX MARKET, BY VERTICAL	110 
8.1	INTRODUCTION	111 
FIGURE 28	HEALTHCARE & LIFE SCIENCES VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	111 
8.1.1	VERTICALS: HOSTED PBX MARKET DRIVERS	112 
TABLE 43	HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	112 
TABLE 44	HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	113 
8.2	BFSI	113 
8.2.1	NEED FOR IMPROVED CUSTOMER SERVICE THROUGH STREAMLINED COMMUNICATION PROCESSES AND ENHANCED OPERATIONAL EFFICIENCY AND COST SAVINGS TO DRIVE MARKET	113 
8.2.2	USE CASES	114 
8.2.2.1	Customer Support and Service Center	114 
8.2.2.2	Multi-location Connectivity	114 
TABLE 45	BFSI: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	114 
TABLE 46	BFSI: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	114 
8.3	MANUFACTURING	115 
8.3.1	FOCUS ON IMPROVED RESOURCE PLANNING AND STREAMLINED WORKFLOW TO DRIVE MARKET	115 
8.3.2	USE CASES	115 
8.3.2.1	Supply Chain Coordination	115 
8.3.2.2	Remote Troubleshooting	115 
TABLE 47	MANUFACTURING: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	115 
TABLE 48	MANUFACTURING: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	116 
8.4	RETAIL & ECOMMERCE	116 
8.4.1	HOSTED PBX TO SIMPLIFY COMMUNICATION PROCESSES AND ENSURE CUSTOMER INQUIRIES ARE HANDLED TIMELY AND ACCURATELY	116 
8.4.2	USE CASES	117 
8.4.2.1	Order Management and Support	117 
8.4.2.2	Returns and Exchanges Coordination	117 
TABLE 49	RETAIL & ECOMMERCE: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	117 
TABLE 50	RETAIL & ECOMMERCE: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	117 
8.5	HEALTHCARE & LIFE SCIENCES	118 
8.5.1	NEED FOR IMPROVING PATIENT ENGAGEMENT, AUTOMATED APPOINTMENT SCHEDULING, INTELLIGENT CALL ROUTING, AND PRIORITIZATION OF EMERGENCY CALLS TO DRIVE MARKET	118 
8.5.2	USE CASES	118 
8.5.2.1	Automated Appointment Scheduling	118 
8.5.2.2	Virtual Health Assistants	118 
TABLE 51	HEALTHCARE & LIFE SCIENCES: HOSTED PBX MARKET, BY REGION,  2017–2022 (USD MILLION)	118 
TABLE 52	HEALTHCARE & LIFE SCIENCES: HOSTED PBX MARKET, BY REGION,  2023–2028 (USD MILLION)	119 
8.6	IT & ITES	119 
8.6.1	SHIFT FROM TRADITIONAL, COMPLEX CONTACT CENTER SETUPS TO DIGITALIZED VOICE SOLUTIONS AND ADOPTION OF ‘WFH’ MODEL TO DRIVE MARKET	119 
8.6.2	USE CASES	119 
8.6.2.1	Smart Outbound Call Connectivity	119 
8.6.2.2	Flexible Deployment Options	120 
TABLE 53	IT & ITES: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	120 
TABLE 54	IT & ITES: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	120 
8.7	EDUCATION	120 
8.7.1	HOSTED PBX TO ENABLE SEAMLESS BROADCASTING THROUGH CAMPUSES AND HELP ADMINISTRATORS MANAGE CONFIGURATIONS FROM ANYWHERE	120 
8.7.2	USE CASES	121 
8.7.2.1	Zoned Public Announcements	121 
8.7.2.2	Dialing Restrictions for Classroom Phone	121 
TABLE 55	EDUCATION: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	121 
TABLE 56	EDUCATION: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	121 
8.8	GOVERNMENT & PUBLIC SECTOR	122 
8.8.1	DELIVERY OF MULTILINGUAL ANNOUNCEMENTS AND RELIABLE COMMUNICATION INFRASTRUCTURE DURING EMERGENCY SITUATIONS TO DRIVE MARKET	122 
8.8.2	USE CASES	122 
8.8.2.1	Secure and Reliable Communication During Disasters	122 
8.8.2.2	Integration with Safety Measures and Alerts	122 
TABLE 57	GOVERNMENT & PUBLIC SECTOR: HOSTED PBX MARKET, BY REGION,  2017–2022 (USD MILLION)	123 
TABLE 58	GOVERNMENT & PUBLIC SECTOR: HOSTED PBX MARKET, BY REGION,  2023–2028 (USD MILLION)	123 
  
8.9	TELECOM	123 
8.9.1	NEED FOR COST-SAVINGS, IMPROVED VOIP TECHNOLOGY, AND SEAMLESS INTEGRATION WITH VARIOUS ENDPOINTS TO PROPEL MARKET	123 
8.9.2	USE CASES	124 
8.9.2.1	Competitive Total Cost of Ownership	124 
8.9.2.2	Rapid Installation and Maintenance	124 
TABLE 59	TELECOM: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	124 
TABLE 60	TELECOM: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	124 
8.10	TRAVEL & HOSPITALITY	125 
8.10.1	VIRTUAL VOICE ASSISTANCE AND SEAMLESS CHECK-IN AND CHECK-OUT MECHANISMS TO FUEL DEMAND FOR HOSTED PBX	125 
8.10.2	USE CASES	125 
8.10.2.1	Virtual Voice Assistant for Guest Inquiries	125 
8.10.2.2	Real-time Room Booking and Reservations	125 
TABLE 61	TRAVEL & HOSPITALITY: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	126 
TABLE 62	TRAVEL & HOSPITALITY: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	126 
8.11	OTHER VERTICALS	126 
8.11.1	USE CASES	127 
8.11.1.1	GPS-enabled Routing and Tracking	127 
8.11.1.2	Mobile Accessibility for On-the-Go Operation	127 
8.11.1.3	Automated Property Updates via SMS	127 
TABLE 63	OTHER VERTICALS: HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	127 
TABLE 64	OTHER VERTICALS: HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	127 
9	HOSTED PBX MARKET, BY REGION	128 
9.1	INTRODUCTION	129 
TABLE 65	HOSTED PBX MARKET, BY REGION, 2017–2022 (USD MILLION)	129 
TABLE 66	HOSTED PBX MARKET, BY REGION, 2023–2028 (USD MILLION)	129 
9.2	NORTH AMERICA	130 
9.2.1	NORTH AMERICA: HOSTED PBX MARKET DRIVERS	130 
9.2.2	NORTH AMERICA: RECESSION IMPACT	130 
FIGURE 29	NORTH AMERICA: MARKET SNAPSHOT	131 
TABLE 67	NORTH AMERICA: HOSTED PBX MARKET, BY COUNTRY, 2017–2022 (USD MILLION)	131 
TABLE 68	NORTH AMERICA: HOSTED PBX MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	131 
TABLE 69	NORTH AMERICA: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	132 
TABLE 70	NORTH AMERICA: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	132 
TABLE 71	NORTH AMERICA: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	132 
TABLE 72	NORTH AMERICA: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	132 
TABLE 73	NORTH AMERICA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)	133 
TABLE 74	NORTH AMERICA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)	133 
TABLE 75	NORTH AMERICA: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	133 
TABLE 76	NORTH AMERICA: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	133 
TABLE 77	NORTH AMERICA: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	134 
TABLE 78	NORTH AMERICA: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	134 
9.2.3	US	135 
9.2.3.1	High level of technological awareness and presence of several CSPs to drive market	135 
TABLE 79	US: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	135 
TABLE 80	US: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	135 
TABLE 81	US: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	136 
TABLE 82	US: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	136 
TABLE 83	US: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)	136 
TABLE 84	US: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)	136 
TABLE 85	US: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	137 
TABLE 86	US: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	137 
TABLE 87	US: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	137 
TABLE 88	US: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	138 
9.2.4	CANADA	138 
9.2.4.1	Cloud Adoption Strategy, cloud-friendly policies, burgeoning VoIP sector, and improved communication infrastructure to propel market	138 
TABLE 89	CANADA: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	139 
TABLE 90	CANADA: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	139 
TABLE 91	CANADA: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	139 
TABLE 92	CANADA: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	139 
TABLE 93	CANADA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)	140 
TABLE 94	CANADA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)	140 
TABLE 95	CANADA: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	140 
TABLE 96	CANADA: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	140 
  
TABLE 97	CANADA: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	141 
TABLE 98	CANADA: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	141 
9.3	EUROPE	142 
9.3.1	EUROPE: HOSTED PBX MARKET DRIVERS	142 
9.3.2	EUROPE: RECESSION IMPACT	142 
TABLE 99	EUROPE: HOSTED PBX MARKET, BY COUNTRY, 2017–2022 (USD MILLION)	143 
TABLE 100	EUROPE: HOSTED PBX MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	143 
TABLE 101	EUROPE: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	143 
TABLE 102	EUROPE: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	144 
TABLE 103	EUROPE: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	144 
TABLE 104	EUROPE: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	144 
TABLE 105	EUROPE: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)	144 
TABLE 106	EUROPE: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)	144 
TABLE 107	EUROPE: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	145 
TABLE 108	EUROPE: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	145 
TABLE 109	EUROPE: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	145 
TABLE 110	EUROPE: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	146 
9.3.3	UK	146 
9.3.3.1	High demand for flexible and scalable communication services and presence of major players to drive market	146 
TABLE 111	UK: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	146 
TABLE 112	UK: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	147 
TABLE 113	UK: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	147 
TABLE 114	UK: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	147 
TABLE 115	UK: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)	147 
TABLE 116	UK: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)	147 
TABLE 117	UK: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	148 
TABLE 118	UK: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	148 
TABLE 119	UK: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	148 
TABLE 120	UK: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	149 
9.3.4	GERMANY	149 
9.3.4.1	Strong connectivity infrastructure, shift toward remote work, and initiatives such as ‘Cloud Strategy’ to drive market	149 
9.3.5	ITALY	150 
9.3.5.1	Implementation of strategic initiatives and ‘Cloud-First’ policy, regulatory support, and digitalization strategies to propel market	150 
TABLE 121	ITALY: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	150 
TABLE 122	ITALY: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	150 
TABLE 123	ITALY: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	151 
TABLE 124	ITALY: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	151 
TABLE 125	ITALY: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)	151 
TABLE 126	ITALY: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)	151 
TABLE 127	ITALY: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	152 
TABLE 128	ITALY: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	152 
TABLE 129	ITALY: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	152 
TABLE 130	ITALY: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	153 
9.3.6	FRANCE	153 
9.3.6.1	Telecommunication initiatives, government support, and strategic investments to fuel demand for hosted PBX solutions	153 
9.3.7	SPAIN	154 
9.3.7.1	National Cloud Services Strategy for Public Administrations to prioritize use of cloud technologies in public administrations	154 
9.3.8	REST OF EUROPE	154 
9.4	ASIA PACIFIC	154 
9.4.1	ASIA PACIFIC: HOSTED PBX MARKET DRIVERS	155 
9.4.2	ASIA PACIFIC: RECESSION IMPACT	155 
FIGURE 30	ASIA PACIFIC: MARKET SNAPSHOT	156 
TABLE 131	ASIA PACIFIC: HOSTED PBX MARKET, BY COUNTRY, 2017–2022 (USD MILLION)	157 
TABLE 132	ASIA PACIFIC: HOSTED PBX MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	157 
TABLE 133	ASIA PACIFIC: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	157 
TABLE 134	ASIA PACIFIC: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	158 
TABLE 135	ASIA PACIFIC: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	158 
TABLE 136	ASIA PACIFIC: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	158 
TABLE 137	ASIA PACIFIC: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)	158 
TABLE 138	ASIA PACIFIC: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)	159 
TABLE 139	ASIA PACIFIC: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	159 
TABLE 140	ASIA PACIFIC: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	159 
TABLE 141	ASIA PACIFIC: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	160 
TABLE 142	ASIA PACIFIC: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	160 
9.4.3	CHINA	161 
9.4.3.1	Robust existing infrastructure, presence of many vendors, and stable economy to drive market	161 
TABLE 143	CHINA: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	161 
TABLE 144	CHINA: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	161 
TABLE 145	CHINA: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	161 
TABLE 146	CHINA: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	162 
TABLE 147	CHINA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)	162 
TABLE 148	CHINA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)	162 
TABLE 149	CHINA: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	162 
TABLE 150	CHINA: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	163 
TABLE 151	CHINA: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	163 
TABLE 152	CHINA: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	164 
9.4.4	INDIA	164 
9.4.4.1	Implementation of ‘Digital India’ initiative and other strategic policies to boost demand for hosted PBX solutions	164 
9.4.5	JAPAN	164 
9.4.5.1	Government’s focus on technological advancements and popularity of UCC solutions to propel market	164 
9.4.6	AUSTRALIA & NEW ZEALAND	165 
9.4.6.1	Rise in remote and hybrid work models and businesses prioritizing collaborative technologies to drive market	165 
9.4.7	SOUTH KOREA	165 
9.4.7.1	Presence of tech giants and investment from major companies to fuel demand for hosted PBX solutions	165 
9.4.8	SOUTHEAST ASIA	166 
9.4.8.1	Focus on digital transformation, cloud adoption, and improvement of government ICT infrastructure to drive market	166 
9.4.9	REST OF ASIA PACIFIC	166 
9.5	MIDDLE EAST & AFRICA	166 
9.5.1	MIDDLE EAST & AFRICA: HOSTED PBX MARKET DRIVERS	167 
9.5.2	MIDDLE EAST & AFRICA: RECESSION IMPACT	167 
TABLE 153	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY COUNTRY, 2017–2022 (USD MILLION)	167 
TABLE 154	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	167 
TABLE 155	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY OFFERING,  2017–2022 (USD MILLION)	168 
TABLE 156	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY OFFERING,  2023–2028 (USD MILLION)	168 
TABLE 157	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	168 
TABLE 158	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	168 
TABLE 159	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)	169 
TABLE 160	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)	169 
TABLE 161	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY APPLICATION,  2017–2022 (USD MILLION)	169 
TABLE 162	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY APPLICATION,  2023–2028 (USD MILLION)	169 
TABLE 163	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	170 
TABLE 164	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	170 
9.5.3	GCC COUNTRIES	171 
TABLE 165	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY COUNTRY, 2017–2022 (USD MILLION)	171 
TABLE 166	MIDDLE EAST & AFRICA: HOSTED PBX MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	171 
9.5.3.1	UAE	172 
9.5.3.1.1	Expansion of cloud infrastructure and shift to VoIP to drive market	172 
9.5.3.2	KSA	172 
9.5.3.2.1	Supportive regulatory frameworks and implementation of ‘CCRF and Beem’ initiatives to propel market	172 
TABLE 167	KSA: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	172 
TABLE 168	KSA: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	173 
TABLE 169	KSA: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	173 
TABLE 170	KSA: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	173 
TABLE 171	KSA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)	173 
TABLE 172	KSA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)	173 
TABLE 173	KSA: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	174 
TABLE 174	KSA: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	174 
TABLE 175	KSA: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	174 
TABLE 176	KSA: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	175 
9.5.3.3	Rest of GCC Countries	175 
9.5.4	SOUTH AFRICA	175 
9.5.4.1	Advancements in cloud and developments by major players to fuel demand for hosted PBX solutions	175 
9.5.5	REST OF MIDDLE EAST & AFRICA	176 
9.6	LATIN AMERICA	176 
9.6.1	LATIN AMERICA: HOSTED PBX MARKET DRIVERS	177 
9.6.2	LATIN AMERICA: RECESSION IMPACT	177 
TABLE 177	LATIN AMERICA: HOSTED PBX MARKET, BY COUNTRY, 2017–2022 (USD MILLION)	177 
TABLE 178	LATIN AMERICA: HOSTED PBX MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	177 
TABLE 179	LATIN AMERICA: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	178 
TABLE 180	LATIN AMERICA: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	178 
TABLE 181	LATIN AMERICA: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	178 
TABLE 182	LATIN AMERICA: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	178 
TABLE 183	LATIN AMERICA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)	179 
TABLE 184	LATIN AMERICA: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)	179 
TABLE 185	LATIN AMERICA: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	179 
TABLE 186	LATIN AMERICA: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	179 
TABLE 187	LATIN AMERICA: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	180 
TABLE 188	LATIN AMERICA: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	180 
9.6.3	BRAZIL	181 
9.6.3.1	Rising spending on IT & telecommunications sector and focus on ‘National Strategy for Connected Schools’ to drive market	181 
TABLE 189	BRAZIL: HOSTED PBX MARKET, BY OFFERING, 2017–2022 (USD MILLION)	181 
TABLE 190	BRAZIL: HOSTED PBX MARKET, BY OFFERING, 2023–2028 (USD MILLION)	181 
TABLE 191	BRAZIL: HOSTED PBX MARKET, BY SERVICE, 2017–2022 (USD MILLION)	181 
TABLE 192	BRAZIL: HOSTED PBX MARKET, BY SERVICE, 2023–2028 (USD MILLION)	182 
TABLE 193	BRAZIL: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)	182 
TABLE 194	BRAZIL: HOSTED PBX MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)	182 
TABLE 195	BRAZIL: HOSTED PBX MARKET, BY APPLICATION, 2017–2022 (USD MILLION)	182 
TABLE 196	BRAZIL: HOSTED PBX MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	183 
TABLE 197	BRAZIL: HOSTED PBX MARKET, BY VERTICAL, 2017–2022 (USD MILLION)	183 
TABLE 198	BRAZIL: HOSTED PBX MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	183 
9.6.4	MEXICO	184 
9.6.4.1	Improved connectivity and government’s collaboration with major players to fuel demand for hosted PBX market	184 
9.6.5	REST OF LATIN AMERICA	184 
10	COMPETITIVE LANDSCAPE	185 
10.1	INTRODUCTION	185 
10.2	KEY PLAYER STRATEGIES/RIGHT TO WIN	185 
10.2.1	OVERVIEW OF STRATEGIES ADOPTED BY KEY HOSTED PBX PROVIDERS	185 
10.3	REVENUE ANALYSIS	187 
FIGURE 31	HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS, 2020–2022 (USD BILLION)	187 
10.4	MARKET SHARE ANALYSIS	188 
FIGURE 32	HOSTED PBX MARKET SHARE ANALYSIS, 2022	188 
TABLE 199	HOSTED PBX MARKET: DEGREE OF COMPETITION	188 
10.5	COMPANY EVALUATION MATRIX	189 
10.5.1	STARS	189 
10.5.2	EMERGING LEADERS	189 
10.5.3	PERVASIVE PLAYERS	189 
10.5.4	PARTICIPANTS	189 
FIGURE 33	HOSTED PBX MARKET: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2022	190 
10.5.5	COMPANY FOOTPRINT	190 
TABLE 200	OVERALL COMPANY FOOTPRINT	190 
TABLE 201	OFFERING FOOTPRINT	191 
TABLE 202	APPLICATION FOOTPRINT	192 
TABLE 203	REGION FOOTPRINT	192 
10.6	START-UP/SME EVALUATION MATRIX	193 
10.6.1	PROGRESSIVE COMPANIES	193 
10.6.2	RESPONSIVE COMPANIES	193 
10.6.3	DYNAMIC COMPANIES	193 
10.6.4	STARTING BLOCKS	193 
FIGURE 34	HOSTED PBX MARKET: COMPANY EVALUATION MATRIX FOR  START-UPS/SMES, 2022	194 
10.6.5	COMPETITIVE BENCHMARKING	195 
TABLE 204	DETAILED LIST OF START-UPS/SMES	195 
TABLE 205	COMPETITIVE BENCHMARKING OF START-UPS/SMES	196 
TABLE 206	COMPETITIVE BENCHMARKING OF KEY PLAYERS	196 
10.7	COMPETITIVE SCENARIO AND TRENDS	197 
10.7.1	PRODUCT LAUNCHES	197 
TABLE 207	HOSTED PBX MARKET: PRODUCT LAUNCHES, JANUARY 2021–DECEMBER 2023	197 
10.7.2	DEALS	198 
TABLE 208	HOSTED PBX MARKET: DEALS, JANUARY 2021–SEPTEMBER 2023	198 
10.8	HOSTED PBX PRODUCT BENCHMARKING	200 
10.8.1	PROMINENT HOSTED PBX	200 
TABLE 209	COMPARATIVE ANALYSIS OF PROMINENT HOSTED PBX VENDORS	200 
10.8.1.1	AT&T Office@Hand	201 
10.8.1.2	RingCentral Cloud PBX Phone system	201 
10.8.1.3	3CX Phone System	201 
10.8.1.4	Nextiva Cloud PBX	201 
10.9	VALUATION AND FINANCIAL METRICS OF KEY HOSTED PBX PROVIDERS	201 
FIGURE 35	VALUATION AND FINANCIAL METRICS OF KEY HOSTED PBX VENDORS	201 
  
11	COMPANY PROFILES	202 
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)* 
11.1	KEY PLAYERS	202 
11.1.1	AT&T INC	202 
TABLE 210	AT&T INC: COMPANY OVERVIEW	202 
FIGURE 36	AT&T INC: COMPANY SNAPSHOT	203 
TABLE 211	AT&T INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED	203 
TABLE 212	AT&T INC: DEALS	204 
11.1.2	VERIZON COMMUNICATIONS INC.	205 
TABLE 213	VERIZON COMMUNICATIONS INC.: COMPANY OVERVIEW	205 
FIGURE 37	VERIZON COMMUNICATIONS INC.: COMPANY SNAPSHOT	206 
TABLE 214	VERIZON COMMUNICATIONS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	206 
TABLE 215	VERIZON COMMUNICATIONS INC.: DEALS	206 
11.1.3	CISCO SYSTEMS INC	208 
TABLE 216	CISCO SYSTEMS INC: COMPANY OVERVIEW	208 
FIGURE 38	CISCO SYSTEMS INC: COMPANY SNAPSHOT	209 
TABLE 217	CISCO SYSTEMS INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED	209 
TABLE 218	CISCO SYSTEMS INC: PRODUCT LAUNCHES/UPDATES	210 
TABLE 219	CISCO SYSTEMS INC: DEALS	210 
11.1.4	BT GROUP	212 
TABLE 220	BT GROUP: COMPANY OVERVIEW	212 
FIGURE 39	BT GROUP: COMPANY SNAPSHOT	213 
TABLE 221	BT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED	213 
TABLE 222	BT GROUP: PRODUCT LAUNCHES/UPDATES	214 
TABLE 223	BT GROUP: DEALS	214 
11.1.5	RINGCENTRAL, INC.	215 
TABLE 224	RINGCENTRAL, INC.: COMPANY OVERVIEW	215 
FIGURE 40	RINGCENTRAL, INC.: COMPANY SNAPSHOT	215 
TABLE 225	RINGCENTRAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	216 
TABLE 226	RINGCENTRAL, INC.: PRODUCT LAUNCHES/UPDATES	216 
TABLE 227	RINGCENTRAL, INC.: DEALS	217 
11.1.6	COMCAST CORPORATION	219 
TABLE 228	COMCAST CORPORATION: COMPANY OVERVIEW	219 
FIGURE 41	COMCAST CORPORATION: COMPANY SNAPSHOT	220 
TABLE 229	COMCAST CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	220 
TABLE 230	COMCAST CORPORATION: DEALS	221 
11.1.7	8X8, INC.	222 
TABLE 231	8X8, INC.: COMPANY OVERVIEW	222 
FIGURE 42	8X8, INC.: COMPANY SNAPSHOT	223 
TABLE 232	8X8, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	223 
TABLE 233	8X8, INC.: DEALS	224 
11.1.8	SANGOMA TECHNOLOGIES CORPORATION	225 
TABLE 234	SANGOMA TECHNOLOGIES CORPORATION: COMPANY OVERVIEW	225 
FIGURE 43	SANGOMA TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT	226 
TABLE 235	SANGOMA TECHNOLOGIES CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	226 
TABLE 236	SANGOMA TECHNOLOGIES CORPORATION: DEALS	227 
11.1.9	LUMEN TECHNOLOGIES	228 
TABLE 237	LUMEN TECHNOLOGIES: COMPANY OVERVIEW	228 
FIGURE 44	LUMEN TECHNOLOGIES: COMPANY SNAPSHOT	228 
TABLE 238	LUMEN TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED	229 
TABLE 239	LUMEN TECHNOLOGIES: DEALS	230 
11.1.10	NEXTIVA, INC.	231 
11.1.11	FUSION CONNECT, INC.	232 
11.1.12	AVAYA	233 
11.1.13	MITEL NETWORKS CORPORATION	234 
11.1.14	TPX COMMUNICATIONS	235 
11.1.15	TELESYSTEM	236 
11.2	START-UPS/SMES	237 
11.2.1	OZONETEL COMMUNICATIONS	237 
11.2.2	LINGO TELECOM, LLC	238 
11.2.3	ONECONNECT	239 
11.2.4	INTERGLOBE COMMUNICATIONS, INC.	240 
11.2.5	CLOUDTALK	241 
11.2.6	DATAVO	242 
11.2.7	NEXGE TECHNOLOGIES	243 
11.2.8	NOVOLINK COMMUNICATIONS, INC.	244 
11.2.9	3CX	245 
11.2.10	ASTRAQOM	246 
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 
12	ADJACENT MARKETS	247 
12.1	INTRODUCTION TO ADJACENT MARKETS	247 
12.1.1	UNIFIED COMMUNICATION AND COLLABORATION MARKET	247 
12.1.1.1	Market definition	247 
12.1.1.2	Market overview	247 
12.1.1.3	Unified Communication and Collaboration market, by component	247 
TABLE 240	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY COMPONENT,  2017–2021 (USD MILLION)	248 
TABLE 241	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY COMPONENT,  2022–2027 (USD MILLION)	248 
  
TABLE 242	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY TYPE,  2017–2021 (USD MILLION)	248 
TABLE 243	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY TYPE,  2022–2027 (USD MILLION)	248 
TABLE 244	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY SERVICE,  2017–2021 (USD MILLION)	249 
TABLE 245	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY SERVICE,  2022–2027 (USD MILLION)	249 
12.1.1.4	Unified Communication and Collaboration market, by deployment mode	249 
TABLE 246	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY DEPLOYMENT MODE, 2017–2021 (USD MILLION)	249 
TABLE 247	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION)	250 
12.1.1.5	Unified Communication and Collaboration market, by vertical	250 
TABLE 248	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY VERTICAL,  2017–2021 (USD MILLION)	250 
TABLE 249	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY VERTICAL,  2022–2027 (USD MILLION)	251 
12.1.1.6	Unified Communication and Collaboration market, by region	251 
TABLE 250	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY REGION,  2017–2021 (USD MILLION)	251 
TABLE 251	UNIFIED COMMUNICATION AND COLLABORATION MARKET, BY REGION,  2022–2027 (USD MILLION)	252 
12.1.2	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET	252 
12.1.2.1	Market overview	252 
12.1.2.2	Communication platform-as-a-service market, by component	252 
TABLE 252	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY COMPONENT,  2018–2021 (USD MILLION)	253 
TABLE 253	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY COMPONENT,  2022–2027 (USD MILLION)	253 
TABLE 254	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY SERVICE,  2018–2021 (USD MILLION)	253 
TABLE 255	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY SERVICE,  2022–2027 (USD MILLION)	253 
12.1.2.3	Communication platform-as-a-service market, by vertical	254 
TABLE 256	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY VERTICAL,  2018–2021 (USD MILLION)	254 
TABLE 257	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY VERTICAL,  2022–2027 (USD MILLION)	254 
12.1.2.4	Communication platform-as-a-service market, by region	255 
TABLE 258	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY REGION,  2018–2021 (USD MILLION)	255 
TABLE 259	COMMUNICATION PLATFORM-AS-A-SERVICE MARKET, BY REGION,  2022–2027 (USD MILLION)	255 
  
13	APPENDIX	256 
13.1	DISCUSSION GUIDE	256 
13.2	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	259 
13.3	CUSTOMIZATION OPTIONS	261 
13.4	RELATED REPORTS	261 
13.5	AUTHOR DETAILS	262 |