Global Cloud Telephony for Financial Services Market Growth (Status and Outlook) 2023-2029

Global Cloud Telephony for Financial Services Market Growth (Status and Outlook) 2023-2029

Cloud telephony is a type of unified communications as a service (UCaaS), essentially enabling organisations to run a business phone system through their internet connection. Also commonly known as cloud calling, cloud telephony offers business voice services, run and managed by a third-party operator or host. A cloud phone system, often in the form of a VoIP- based hosted PBX system (voice over internet protocol), carries voice calls as well as messaging, video calls and file sharing all under one unified platform via your business internet connectivity.
LPI (LP Information)' newest research report, the “Cloud Telephony for Financial Services Industry Forecast” looks at past sales and reviews total world Cloud Telephony for Financial Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud Telephony for Financial Services sales for 2023 through 2029. With Cloud Telephony for Financial Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud Telephony for Financial Services industry.
This Insight Report provides a comprehensive analysis of the global Cloud Telephony for Financial Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cloud Telephony for Financial Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud Telephony for Financial Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud Telephony for Financial Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud Telephony for Financial Services.
The global Cloud Telephony for Financial Services market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In the European market, Cloud Telephony for Financial Services key players include NFON, RingCentral, Cisco, Mitel Networks, etc. The top four manufacturers hold a share over 20%. UK is the largest market in Europe, with a share about 25%, followed by France ang Germany. In terms of product, Unlimited Cloud Telephony is the largest segment, with a share over 61%. And in terms of application, the largest application is Investments & Banking, followed by Insurance.
This report presents a comprehensive overview, market shares, and growth opportunities of Cloud Telephony for Financial Services market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Unlimited Cloud Telephony
Metered Cloud Telephony
Segmentation by application
Investments & Banking
Insurance
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NFON
RingCentral
Cisco
Mitel Networks
Avaya
8x8
Enreach
Destiny NV
Twilio
3CX
AVOXI
Soluno
VoIPstudio
Fuze
Gamma
Vonage
4Com

Please note: The report will take approximately 2 business days to prepare and deliver.