UC Advanced - issue #3

INTERVIEW

COMMUNICATION TODAY

FLYING INTO THE CLOUD

The growth in businesses using cloud platforms saw a rise of 12% in two years, from 81% in 2020 to 93% in 2022. A major factor in this has been the move to home or hybrid working.

2020

81 %

93 % 2022

Similarly, growth in UC usage has seen a global rise of just over 29% 1 to $113.48 billion in 2022. Predictions are that the market will continue to grow at a compound annual rate of 17.4% (reaching $417.86 billion) between now and 2030. 2

1 billion 2021

1.9 billion 2025

UC IN THE UK

At current projections, the UK market remains modest in comparison to the US and Europe. Figures for 2021 put the UK market value at £1 billion with forecasts estimating growth to £1.9 billion by 2025 . 2021 saw the UK market enjoy 26% growth, which looks good until compared with the 66% expansion in Spain, 90% in Germany and 124% in France for the same period. This underlines the significant opportunity for growth in UC business in the UK over the next few years .

2

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