UC market on track for 4% growth through 2016
The Unified Communications market is projected to grow at a rate of just over 4 percent through 2016, according to a new report from TechNavio. "One of the key factors contributing to this market growth is the increasing requirement for affordable enterprise communication medium in the country," according to authors of the report, Telecommunication Services Industry: Enterprise Unified Communication Market. "The market has also been witnessing a rising demand for enterprise mobility. However, the requirement for high initial investment for unified communication systems could pose a challenge to the growth of this market." The TechNavio study looks at the enterprise unified communications market in the United States and the prospects for growth in this sector for the next three years.