ASEAN Unified Communication-as-a-Service Market Size (2024 - 2029)

The ASEAN Unified Communication-as-a-Service market is experiencing significant growth, driven by the increasing adoption of cloud-based solutions that offer cost-effective communication options for businesses with limited IT budgets. The demand for easily maintained network systems is rising, particularly due to the presence of outdated contact centers, which highlights the need for efficient communication across various industries such as healthcare, retail, and manufacturing. The shift towards mobile-first solutions that integrate chat, audio, and video calls is enhancing customer service and self-service capabilities. Additionally, the complexity of cyber threats is prompting organizations to outsource security operations to cloud-based services. The COVID-19 pandemic has further accelerated investments in unified communications, as businesses seek to mitigate risks associated with in-person interactions and commuting.

Market Size of ASEAN Unified Communication-as-a-Service Industry

ASEAN Unified Communication-as-a-Service Market  Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 12.27 %
Market Concentration Medium

Major Players

ASEAN Unified Communication-as-a-Service Market Major Players

*Disclaimer: Major Players sorted in no particular order

ASEAN Unified Communication-as-a-Service Market Analysis

The ASEAN Unified Communication-as-a-Service Market is anticipated to register a CAGR of 12.27% over the forecast period. Unified Communications (UC) has gained popularity since its introduction as a practical option for businesses of all sizes. However, the way that businesses manage their communication networks is shaped by the cloud delivery of unified communications offered by companies like Mitel Networks Corporation.

  • Organizations, which are frequently characterized as having minimal IT budgets, have boosted their adoption of cost-effective cloud-based solutions. Consumer-focused mobile solutions that offer communication via chat, audio, and video calls on the same device to respond to all customer questions. Therefore, these solutions are meant to improve self-service, product inquiries, and customer support assistance. The use of virtual training and product management systems benefits employees as well.
  • The region's presence of outdated contact centers makes it clear that there is a growing need for an easily maintained network system that can enable efficient communications across numerous enterprises.
  • Furthermore, given the ineffective contact centers, it is clear that a growing demand exists for network systems that are simple to maintain and can facilitate efficient communications across various end-user industries, including healthcare, retail, and manufacturing. 90% of remote workers believe that video helps them maintain a closer connection with their coworkers, according to the Interactive Multimedia & Collaborative Communications Alliance (IMCCA).
  • Concerning consumers, mobile-first solutions where communication is enabled through chat, audio, and video call through the same device can address all customer queries. Thus, these solutions enhance customer service assistance, merchandise inquiries, and self-service. Employees also benefit from deploying virtual training and merchandise management tools.
  • The increasing complexity of cyber threats has driven the trend toward outsourcing one or more of an organization's security operations for cloud-based services.
  • With the outbreak of COVID-19, businesses in the ASEAN region increased their investment in unified communications (UC). According to a study by Voxbone, COVID-19 pushed a massive increase in demand for cloud communications. Businesses have been looking for ways to reduce threats, such as group gatherings and the work commute.

ASEAN Unified Communication-as-a-Service Industry Segmentation

Unified communications-as-a-service refers to a service model where the provider delivers different telecom or communications applications, software products, and processes over the web. Unified communication unifies or integrates all the communication methods a business uses into a single platform or multiple communication tools.

The ASEAN Unified Communication-as-a-Service Market is segmented by type (VOIP solutions, enterprise collaboration, contact center services, and other types), by end-user (healthcare, retail, manufacturing, financial services, and other end-user industries), by deployment type (cloud, on-premises), and by country (Singapore, Malaysia, Philippines, Indonesia, and Rest of the ASEAN Region).

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Type
VOIP Solutions
Enterprise Collaboration
Contact Center Services
Other Types
By End-user Industry
Healthcare
Retail
Manufacturing
Financial Services
Other End-user Industries
By Deployment Type
Cloud
On-premise
By Country
Singapore
Malaysia
Philippines
Indonesia
Rest of the ASEAN Region
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ASEAN Unified Communication-as-a-Service Market Size Summary

The ASEAN Unified Communication-as-a-Service (UCaaS) market is experiencing significant growth, driven by the increasing adoption of cloud-based communication solutions across various industries. The shift towards cloud delivery models, spearheaded by companies like Mitel Networks Corporation, is reshaping how businesses manage their communication networks. This transition is particularly beneficial for organizations with limited IT budgets, as it offers cost-effective solutions that integrate chat, audio, and video calls into a single platform. The demand for such solutions is further fueled by the need for efficient communication systems in outdated contact centers, especially in sectors like healthcare, retail, and manufacturing. The COVID-19 pandemic has accelerated this trend, prompting businesses to invest more in unified communications to facilitate remote work and reduce health risks associated with in-person interactions.

The market is characterized by a consolidated landscape, with key players such as Mitel Networks Corporation, RingCentral Inc., and Cisco Systems Inc. holding significant market shares. These companies leverage their research and development capabilities to maintain a competitive edge through innovation. Strategic alliances and acquisitions have also played a crucial role in expanding their market presence. The introduction of mobile-first solutions and the BYOD trend are further enhancing the appeal of UCaaS, as they offer flexibility and improved productivity for mobile workers. However, regulatory challenges in countries like India, China, and Indonesia pose barriers to foreign service providers, giving local telecom carriers a competitive advantage. The aggressive rollout of high-speed internet and the rapid adoption of smartphones in the region are expected to continue driving the demand for UCaaS solutions, enabling businesses to support remote work and enhance collaboration across teams.

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ASEAN Unified Communication-as-a-Service Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Assessment of the Impact of COVID-19 on the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 VOIP Solutions

      2. 2.1.2 Enterprise Collaboration

      3. 2.1.3 Contact Center Services

      4. 2.1.4 Other Types

    2. 2.2 By End-user Industry

      1. 2.2.1 Healthcare

      2. 2.2.2 Retail

      3. 2.2.3 Manufacturing

      4. 2.2.4 Financial Services

      5. 2.2.5 Other End-user Industries

    3. 2.3 By Deployment Type

      1. 2.3.1 Cloud

      2. 2.3.2 On-premise

    4. 2.4 By Country

      1. 2.4.1 Singapore

      2. 2.4.2 Malaysia

      3. 2.4.3 Philippines

      4. 2.4.4 Indonesia

      5. 2.4.5 Rest of the ASEAN Region

ASEAN Unified Communication-as-a-Service Market Size FAQs

The ASEAN Unified Communication-as-a-Service Market is projected to register a CAGR of 12.27% during the forecast period (2024-2029)

Mitel Networks Corporation, Ring Central Inc., 8X8 Inc., Verizon Communications Inc. and Vonage Holdings Inc. are the major companies operating in the ASEAN Unified Communication-as-a-Service Market.

ASEAN Unified Communication-as-a-Service Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)