Posted 2/20/2024, 11:00:00 AM
Hosted PBX Market Revenue to Reach $264B by 2036 Driven by Remote Work and Small Business Growth
- Global hosted PBX market revenue to hit $264 billion by 2036 with 15% CAGR from 2024-2036
- Market growth driven by rising small enterprises and remote work demand
- North America to account for 32% market share by 2036 due to natural disasters and BYOD adoption
- Asia Pacific market to grow at highest rate fueled by expanding internet infrastructure
- BSFI segment to secure 35% market share owing to growing fintech sector needs