Connect with us

Technology

The UC 2.0 System Integration Market is projected to grow by USD 20.68 billion from 2024-2028, driven by benefits boosting revenue, AI-powered market evolution highlighted- Technavio report

Published

on

NEW YORK, Sept. 2, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global UC 2.0 system integration market size is estimated to grow by USD 20.68 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.52% during the forecast period. Benefits of UC 2.0 system integration is driving market growth, with a trend towards increased adoption of byod policies. However, data privacy and security concerns poses a challenge. Key market players include ALE International, Avaya LLC, Cisco Systems Inc., ECOSMOB TECHNOLOGIES PVT. LTD., GAVS Technologies NA Inc., Gurusons Communications Pvt. Ltd., International Business Machines Corp., Jampottech, Matrix Comsec, Microsoft Corp., Mitel Networks Corp., NAKA, NEC Corp., Proven IT, Ribbon Communications Inc., Telefonaktiebolaget LM Ericsson, TrueConf LLC, VISIONOSS Ltd., Wroffy, and Zoom Video Communications Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

Segment Covered

Component (Service, Hardware, and Software), Solution (Data communication solutions, Voice communication solutions, Video communication solutions, Collaboration solutions, and Others), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

ALE International, Avaya LLC, Cisco Systems Inc., ECOSMOB TECHNOLOGIES PVT. LTD., GAVS Technologies NA Inc., Gurusons Communications Pvt. Ltd., International Business Machines Corp., Jampottech, Matrix Comsec, Microsoft Corp., Mitel Networks Corp., NAKA, NEC Corp., Proven IT, Ribbon Communications Inc., Telefonaktiebolaget LM Ericsson, TrueConf LLC, VISIONOSS Ltd., Wroffy, and Zoom Video Communications Inc.

Key Market Trends Fueling Growth

The UC 2.0 system integration market is growing steadily as businesses seek to enhance their communication and collaboration capabilities. Integration of UC 2.0 systems allows organizations to unify various communication channels, including voice, video conferencing, and messaging, into one platform. This streamlines workflows, improves productivity, and fosters better teamwork. Major players in the market include Microsoft, Cisco, and Avaya, offering innovative solutions to meet diverse business needs. 

In today’s digital age, Unified Communication (UC) 2.0 systems are trending in IT and telecom, revolutionizing communication for businesses. Real-time communication tools like voice, video, and messaging on platforms enable productivity, no matter the device or location. Communication channels have evolved, with cloud-based solutions becoming increasingly popular due to the COVID-19 pandemic and the rise of remote working and virtual teams. Large enterprises are integrating communication systems for cost reduction, scalability, and efficiency. UC 2.0 systems include on-premises infrastructure and cloud-based solutions, with local servers and remote servers catering to different business needs. Telephony, conferencing, email and messaging, collaboration applications, contact centers, and CEBP are essential UC 2.0 features. The healthcare industry (iHealthcare) and retail sectors are major adopters, leveraging AI and IoT for digitalization. UC 2.0 systems offer cost savings, real-time communication, and collaboration, making them essential for businesses in the digital age. The on-premises market and cloud-based market continue to coexist, with hardware, communication services, and internet connectivity playing crucial roles.

Discover a Comprehensive 360° Market Analysis: Understand the Impact of AI. For detailed information- Request Sample!

Market Challenges

The UC 2.0 System Integration market refers to the business of combining various communication and collaboration systems to function as a cohesive unit. This integration streamlines workflows, enhances productivity, and improves overall business efficiency. Companies are increasingly investing in UC 2.0 solutions to facilitate seamless communication and collaboration among teams, both internally and externally. This integration also enables the use of advanced features such as video conferencing, instant messaging, and call routing, making business interactions more convenient and effective.The UC 2.0 System Integration Market is experiencing significant growth due to the increasing demand for integrated communication systems in various industries. The COVID-19 pandemic has accelerated this trend, with more businesses adopting digitalization and remote work solutions. IT and telecom companies are at the forefront of this shift, providing solutions for healthcare (iHealthcare), retail, and other sectors. Artificial intelligence (AI) and Internet of Things (IoT) are key technologies driving the market. Large enterprises are turning to cloud-based unified communication systems for cost reduction, scalability, and efficiency. On-premise infrastructure still holds a significant market share, but cloud-based solutions are gaining popularity due to their flexibility and ease of use. The market is segmented by industry chain, technology, and deployment model. Communication services, including telephony, conferencing, email and messaging, collaboration applications, contact centers, and CEBP, are in high demand. Hardware, local servers, remote servers, internet connectivity, and communication services are all essential components of UC 2.0 systems. The industry chain includes hardware manufacturers, software vendors, system integrators, and communication service providers. The market faces challenges such as interoperability issues, security concerns, and the need for standardization. Despite these challenges, the future looks bright for the UC 2.0 System Integration Market.

For more insights on driver and challenges – Download a Sample Report

Segment Overview

This uc 2.0 system integration market report extensively covers market segmentation by

Component1.1 Service1.2 Hardware1.3 SoftwareSolution2.1 Data communication solutions2.2 Voice communication solutions2.3 Video communication solutions2.4 Collaboration solutions2.5 OthersGeography3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Service- The UC 2.0 system integration market is growing as businesses seek to enhance communication and collaboration through unified communications solutions. Integrators play a crucial role in implementing these systems, connecting various platforms such as voice, video conferencing, and messaging. This integration streamlines processes, improving productivity and efficiency for organizations. Integrators ensure seamless interoperability between different applications and devices, enabling a more connected and productive workforce.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data ( – ) – Download a Sample Report

Research Analysis

The UC 2.0 System Integration Market encompasses a range of communication tools and platforms that enable productivity and real-time communication among teams and organizations. These solutions integrate various communication channels, including voice, video, messaging, and email, across devices and locations. Cloud-based solutions and telephony systems are popular choices, offering cost reduction, scalability, and efficiency for large enterprises. Unified communication platforms provide a single interface for managing all communication needs, while collaboration applications and contact centers streamline teamwork and customer engagement. CEBP (Communication-Enabled Business Processes) and on-premises infrastructure are also part of the market, offering customization and control for organizations. Overall, the UC 2.0 System Integration Market aims to enhance communication and collaboration, driving business success in the digital age.

Market Research Overview

In the digital age, UC 2.0 system integration market has gained significant traction, driven by the need for communication tools and platforms that enhance productivity and facilitate real-time communication. The market caters to various sectors including IT and telecom, healthcare, retail, and more, with solutions ranging from communication channels like voice, video, and messaging, to devices and locations. Cloud-based solutions are increasingly popular due to their scalability, cost reduction, and accessibility from anywhere, anytime. The market is segmented into On-Premise and Cloud-Based, with the latter experiencing rapid growth. Integrated communication systems have become essential for remote working and virtual teams, especially in the wake of the COVID-19 pandemic. Technology advancements such as artificial intelligence, Internet of Things, and digitalization are also transforming the market. Key segments include communication services, telephony, conferencing, email and messaging, collaboration applications, contact centers, and CEBP. The industry chain involves hardware, local servers, remote servers, internet connectivity, and communication tools. Large enterprises benefit from the efficiency and cost savings offered by these systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentServiceHardwareSoftwareSolutionData Communication SolutionsVoice Communication SolutionsVideo Communication SolutionsCollaboration SolutionsOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-uc-2-0-system-integration-market-is-projected-to-grow-by-usd-20-68-billion-from-2024-2028–driven-by-benefits-boosting-revenue-ai-powered-market-evolution-highlighted–technavio-report-302235976.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

Published

on

By

ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.

Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.

Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”

In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.

“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”

By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.

About G42

G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today.
To know more visit www.g42.ai.

Media contacts
Media and PR Team, G42
media@g42.ai

View original content:https://www.prnewswire.co.uk/news-releases/g42-collaborates-with-nvidia-to-deliver-next-generation-climate-solutions-using-earth-2-302253818.html

Continue Reading

Technology

Kawasaki and CB&I Sign Strategic Collaborative Agreement for Promoting Commercial-Use Liquefied Hydrogen Supply Chain

Published

on

By

HOUSTON, Sept. 19, 2024 /PRNewswire/ — Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at Gastech Exhibition & Conference in Houston on September 18, 2024.

“We are very pleased for this opportunity to build and launch a commercial liquefied hydrogen supply chain in cooperation with CB&I,” said Motohiko Nishimura, President, Energy Solutions & Marine Engineering Company, Kawasaki Heavy Industries, Ltd. “By taking advantage of both companies’ strengths and specialized know-how, we aim to cost down hydrogen, strengthen hydrogen supply chain competitiveness, and accelerate the transition to a zero-carbon society.”

Both companies will use their specialized know-how to provide infrastructure that will enable commercial-scale international LH2 supply chains in order to help achieve carbon-neutrality. By leveraging our combined expertise to deliver large-scale LH2 infrastructure solutions, CB&I and Kawasaki are removing barriers, driving down costs and enhancing scalability across the entire supply chain.

“This strategic partnership represents a significant advancement in liquid hydrogen storage capabilities,” said Mark Butts, Senior Vice President of CB&I. “Our technical expertise and extensive experience in liquid hydrogen storage position us at the forefront of the energy transition, delivering reliable storage solutions and executing projects worldwide with proven success.”

Under this agreement, the companies will provide infrastructure to advance the global realization of a sustainable energy economy and meet decarbonization targets. This collaboration will reduce LH2 infrastructure costs and contribute to more widespread use of this clean and efficient energy source.

About CB&I
CB&I is the world’s leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 130-year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is a wholly owned unrestricted subsidiary of McDermott. To learn more, visit www.cbi.com.

About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott’s innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

About Kawasaki Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd. is general engineering manufacturer with over 125 years of experience manufacturing products spanning land, sea and air. Kawasaki established the Kawasaki Group’s new vision statement, “Group Vision 2030: Trustworthy Solutions for the Future,” and is focusing on three fields, “A Safe and Secure Remotely-Connected Society,” “Near-Future Mobility,” and “Energy and Environmental Solutions” in order to provide solutions for social issues. For “Energy and Environmental Solutions” in particular, by securing the technology necessary for the entire supply chain (for production, transportation, storage and utilization) ahead of the rest of the world, Kawasaki aims to bring about a society that utilizes hydrogen, the ultimate clean energy that emits no carbon dioxide when used. To learn more, visit https://global.kawasaki.com/en.

Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected benefits from the collaboration agreement discussed in this press release.  Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott’s management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

For media inquiries, please use the contact information below:

Reba Reid
Global Media Relations
+1 281 588 5636
RReid@McDermott.com

Kristi Krupala-Grove
CB&I Media Relations
+1 346 313 9636
KKrupala2@mcdermott.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/kawasaki-and-cbi-sign-strategic-collaborative-agreement-for-promoting-commercial-use-liquefied-hydrogen-supply-chain-302253698.html

SOURCE McDermott International, Ltd

Continue Reading

Technology

Halal Route Application – Eat, Travel around Thailand, Safe and Sound Halal Style

Published

on

By

BANGKOK, Thailand, Sept. 20, 2024 /PRNewswire/ — The Halal Science Center, Chulalongkorn University has developed Halal Route, an application that lists restaurants, lodging, mosques, prayer directions, and tourist attractions in Thailand under Islamic tourism principles. It hopes to help Muslim tourists travel in Thailand with peace of mind, and supports tourism industry operators to grow and welcome a growing number of Muslim tourists.

The Tourism Authority of Thailand (TAT) predicts that in 2024 there will be around 168 million Islamic tourists worldwide.  According to the Mastercard-Crescent Rating Global Muslim Travel Index (GMTI 2024), Thailand is the 32nd most popular destination for Muslim tourists.  However, the major problem Muslim tourists encounter in Thailand is finding Halal-accredited restaurants, hotels, accommodations, or tourist attractions with service areas (such as prayer rooms) that are compliant with the Islamic way.

Halal Route” is a travel aggregator app that collects searchable information on Halal restaurants, mosques, prayer locations, times, and directions for prayers (the qibla), tourist attractions, Muslim villages or communities, hotels, accommodations, etc.  This app is linked to Google Maps for navigation with precision. It also supports 3 languages, Thai, English, and Arabic, so that Muslim tourists can live and travel more comfortably and with peace of mind,” said Mr.Erfun Weahama, Science Service Officer, Halal Route App development team.

Dr. Anat Denyingyot, Assistant Director of the Halal Science Center, emphasized that the Halal Route application has the most reliable and comprehensive information on halal tourism in Thailand today. “All restaurants and locations have had on-site visits and are audited according to standards approved by a trusted authority or organization, such as certifications from religious organizations or halal food-related entities, as well as management systems to guarantee and be responsible for halal conditions (the HAL-Q system),” Dr. Anat assured.

Currently, the application has more than 1,100 restaurants in its database, and new locations and services are being updated, covering more than 40 provinces from north to south of Thailand that are popular among tourists.

Halal Route is not only for navigation, but a platform that connects Muslim communities from around the world who have the opportunity to visit Thailand,” Associate Professor Dr.Winai Dahlan, Director of the Halal Science Center concluded.

The Halal Route application is free to download on both iOS and Android systems.

Read the full article at https://www.chula.ac.th/en/highlight/185916/  

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/halal-route-application—eat-travel-around-thailand-safe-and-sound-halal-style-302251312.html

SOURCE Chulalongkorn University

Continue Reading

Trending