Q3 global ucaas revenue growth of 30% in 2020 From SRG

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The following is the Q3 global ucaas revenue growth of 30% in 2020 From SRG recommended by recordtrend.com. And this article belongs to the classification: cloud computing.
According to new data from synergy research group, global ucaas revenue grew by 30% in the third quarter, marking the fourth consecutive quarter of growth. Although ring central, mitel and 8 × 8 together account for half of all ucaas revenue, the rapid growth of Microsoft and the emergence of zoom have driven the recent market growth.
In the past three quarters, Microsoft’s market share has increased by nearly five percentage points, while zoom has rapidly occupied 2% of the market. The growth rate of enterprise segment market is faster than that of middle end market and small enterprise segment market, and zoom has occupied an important position in enterprise customers, and its market share is close to 10%.
The total number of ucaas users is now close to 14 million, which has doubled since the beginning of 2018. Despite strong growth in all regions, the global market continues to be dominated by the US. The United States accounts for more than 3 / 4 of the total number of ucaas users. In most other countries, the market is still in its infancy.
With its strength in multiple service areas and customer groups, ringcentral remains a market leader, more than twice the size of its closest competitors. It is a leader in the small and medium-sized market, as well as a joint leader with fuze for enterprise customers.
Jeremy Duke, founder and chief analyst of synergy research group, said: “in the past two quarters, we have seen a common theme in various cloud markets, that is, epidemics help to improve the already strong growth rate. Ucaas follows a similar trend, with a year-on-year growth rate of 5 percentage points higher in the third quarter than in early 2020. After the great success of video conference service, it helps zoom enter the ucaas market. Strong market growth also brings opportunities for other providers, and Microsoft is the most obvious example. “
More reading: synergy research: the cloud infrastructure service expenditure in Q1 of 2019 will grow 42% year on year collaborative research organization: the cloud computing market will grow 28% year on year and the market value will reach US $110 billion synergy research: the number of ucaas users will maintain an average annual growth rate of 26% in the next five years synergy research: the global ucaas users will grow 25% in Q2 of 2018 synergy Research: the number of ucaas users increased by 29% in 2017 Media: the global cloud market is expected to reach 270 billion US dollars in 2020 SRG: global cloud service spending in Q1 will increase by 37% year on year in 2020 SRG: Data Center hardware and software spending will exceed 150 billion US dollars in 2019 SRG: China accounts for one third of the public cloud market in the Asia Pacific region SRG: European cloud service spending will reach 6 billion US dollars in the first quarter of 2020 SRG: Q1 data center infrastructure revenue will reach 35.8 billion US dollars in 2020 SRG: 2 In 2020, the transaction volume of data center M & A exceeded US $30 billion SRG: the top 25 big cities accounted for 65% of the global hosting market SRG: in Q1 2014, Amazon’s cloud service grew 67% year on year, and Microsoft’s market share was the second
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