Frost & Sullivan: Increase in Connected Devices Spurs Use of Unified Communications and Collaboration Solutions in Latin America

Frost & Sullivan: Increase in ConnectedFrost & Sullivan: Increase in Connected Devices Spurs Use of Unified Communications and Collaboration Solutions in Latin America Customized, competitively-priced solutions will attract the rapidly growing SMB end-user segment PR Newswire BUENOS AIRES, Argentina, Nov. 12, 2013 With more than 1 billion devices expected to be connected to the Internet in Latin America by 2015, the need for sophisticated systems able to support voice/data/video traffic is burgeoning. Along with this proliferation of connected devices, the rise in small and mid-sized businesses (SMBs) and enhanced end-user awareness on the benefits of unified communications (UC) and collaboration solutions will open up a range of opportunities for market participants in Latin America. Research reveals that there will still be demand for on-premises UC despite growing competition from cloud-based UC providers. New analysis from Frost & Sullivan (http://www.conferencing.frost.com), The Latin American Unified Communications and Collaboration Solutions Market, finds that the market earned revenues of $1.01 billion in 2012 and estimates this to reach $1.83 billion in 2019. Market growth is expected to peak at 10.1 percent between 2017 and 2018.