Hosted PBX Market Growth Estimated at $24.9 Billion by 2028
The hosted PBX market is estimated at USD 11.5 billion in 2023 to USD 24.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 16.8%. The integration of artificial intelligence (AI) features within hosted PBX systems has emerged as a pivotal driver fueling the growth of the market. hosted PBX providers have strategically incorporated AI functionalities, including virtual assistants, chatbots,...
Hosted PBX Market Demand | Global Overview, Size, Value Analysis, Leading Players Review and Forecast to 2028
The global Hosted PBX Market size is estimated at USD 11.5 billion in 2023 to USD 24.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 16.8%, according to a new report by MarketsandMarkets™. The integration of artificial intelligence (AI) features within hosted PBX systems has emerged as a pivotal driver fueling the growth of the market. hosted PBX providers have strategically...
Hosted PBX Market Analysis, Size, Share, Growth, Demand, Trends and Forecast 2018 – 2023
The global hosted PBX market size is expected to grow from USD 4.73 billion in 2018 to USD 9.50 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period. The rising adoption of cloud and unified communication is a major driving factor for the hosted PBX market.
Hosted PBX solutions and services help enterprises in saving on installation, operation, and maintenance...