Europe Unified Communications Market Size & Outlook
The unified communications market in Europe is expected to reach a projected revenue of US$ 158,311.0 million by 2030. A compound annual growth rate of 18.2% is expected of Europe unified communications market from 2024 to 2030.
The Europe unified communications market generated a revenue of USD 49,006.4 million in 2023.
The market is expected to grow at a CAGR of 18.2% from 2024 to 2030.
In terms of segment, hosted was the largest revenue generating deployment mode in 2023.
Hosted is the most lucrative deployment mode segment registering the fastest growth during the forecast period.
Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
Market revenue in 2023
USD 49,006.4 million
Market revenue in 2030
USD 158,311.0 million
Growth rate
18.2% (CAGR from 2023 to 2030)
Largest segment
Hosted
Fastest growing segment
Hosted
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Hosted, On-premise
Key market players worldwide
Alcatel-Lucent Enterprise, Avaya, Cisco Systems Inc, Microsoft Corp, Mitel Networks Corporation, NEC Corp, Poly, Unifi Inc, Verizon Communications Inc, Tata Communications, International Business Machines Corp
Other key industry trends
In terms of revenue, Europe region accounted for 36.0% of the global unified communications market in 2023.
Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 147,496.6 million by 2030.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Unified Communications Market Outlook will help companies and investors design strategic landscapes.
Hosted was the largest segment with a revenue share of 56.09% in 2023.
Horizon Databook has segmented the Europe unified communications market based on hosted, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
Europe Unified Communications Market Deployment Mode Outlook (Revenue, USD Million , 2018-2030)
Hosted
On-premise
Europe Unified Communications Market Industry Vertical Outlook (Revenue, USD Million , 2018-2030)
Enterprises
Education
Government
Healthcare
Others
Europe Unified Communications Market Organization Size Outlook (Revenue, USD Million , 2018-2030)
SMEs
Large Enterprises
Europe Unified Communications Market Solution Outlook (Revenue, USD Million , 2018-2030)
Instant & Unified Messaging
Audio & Video Conferencing
IP Telephony
Collaboration Platform and Applications
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Unified Communications Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Unified Communications Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Unified Communications Market, 2018-2030 (US$M)