Frost & Sullivan: Cloud based UC to emerge as the growth engine in the New Zealand UC market

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Frost & Sullivan: Cloud based UC toFrost & Sullivan: Cloud based UC to emerge as the growth engine in the New Zealand UC market PR Newswire SYDNEY, Nov. 7, 2013 ~ Cisco and Microsoft dominate a two-tiered UC market in New Zealand ~ The New Zealand on-premise Unified Communications (UC) market was worth $97.7 million in 2012. This represents a decline of 4.5% from the previous year, mainly due to organisations reducing IT spending and deferring UC investments amid challenging economic conditions. Cost and efficiency pressures are driving the demand for hosted and cloud based solutions, which offer greater flexibility and with minimal maintenance overheads. Frost & Sullivan's new research, New Zealand Unified Communications (UC) Market 2013, forecasts the overall NZ UC market to grow a CAGR of 6.2% from 2012 to 2019. Government and Banking, Financial Services and Insurance (BFSI) are among the main revenue generating sectors for UC in New Zealand. Both these sectors were cautious with UC deployments over the past year, with a marked decline in large deals. Another key factor for the decline in the UC market is the performance of two major application segments. Enterprise telephony and conferencing and collaboration, which accounted for over 50% of revenues, were impacted by market conditions, and experienced revenue decline. Enterprise telephony was particularly affected, declining by 15.6% from 2011.

Informations

• Publié par: frost-sullivan
• Publié le: 06 novembre 2013
• Nombre de lectures: 4
• Langue: English

Extrait

Frost & Sullivan: Cloud based UC to emerge as the growth engine in the New Zealand UC market

PR Newswire

SYDNEY, Nov. 7, 2013

~ Cisco and Microsoft dominate a two-tiered UC market in New Zealand ~

The New Zealand on-premise Unified Communications (UC) market was worth $97.7 million in 2012. This represents a decline of 4.5% from the previous year, mainly due to organisations reducing IT spending and deferring UC investments amid challenging economic conditions. Cost and efficiency pressures are driving the demand for hosted and cloud based solutions, which offer greater flexibility and with minimal maintenance overheads.