Albany, NY -- (SBWIRE) -- 11/14/2018 -- The global Virtual PBX market is expected to gain heavy prospects in the near future due to its ability to reduce the total cost of ownership. Moreover, increased employment productivity and enhanced customer satisfaction are some of the additional advantages of implementing virtual PBX. To study the overall market for virtual PBX at the global level, Market Research Reports Search Engine (MRRSE) has added a new study titled "Virtual PBX Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026", to its wide database of research reports. The assessment delivers a complete perspective about the Virtual PBX market together with its expansion in terms of value (US$ Mn) across prime regions such as North America, South America, Asia Pacific, Europe and Middle East & Africa.

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According to research findings, the global Virtual PBX market is expected to reach US$ 14,368.4 Mn by 2026 at an impressive CAGR of 15.3% during the period between 2018 and 2026. The research report starts with the market scope followed by key research objectives and research highlights. This section of the report talks about the assumptions and research methodology, which is important in gaining better understanding about the global virtual PBX market. In addition, this research focusing on the Virtual PBX market report discourses all the major trends as well as technologies which hold a major role in market development during 2018-2026. Furthermore, the study offers a complete perspective associated to the evolution of the global Virtual PBX market in terms of revenue (US$ Mn) and subscribers (Mn).

Considering the regional bifurcation, Americas is anticipated to lead the global Virtual PBX market during the coming years. The major contribution is delivered by the U.S., since virtual PBX is needed for flexible IT support and is selected by numerous companies operating in the region. Additionally, the report delivers insights associated to trends and their impact over the regional market. The report encloses Porter's Five Forces analysis which offers bargaining power of buyers and suppliers, along with threat of new entrants and substitutes.

The final section of the report discusses the competitive landscape which includes all the major players operating in the global virtual PBX market. This study covers the profiles of leading companies such as 3CX Ltd., Mitel Networks Corporation, Alpha Telecom Services Inc., RingCentral, Inc., BCE Inc., BroadSoft, Inc., TELUS, 8×8, Inc., TeraGo Networks Inc., Digitcom, Voysis IP Solutions Inc., AllStream, Inc., AstraQom, Birch Communications, Inc., Introtel and Nextiva, Inc.

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