Published: 18 April 2024
Summary
Global UC spend is expected to generate a CAGR of 2.4% from 2023 to 2028, with workplace transformation initiatives and hybrid work shaping UC investments. However, reductions in corporate office space and the use of alternative solutions will dampen the near-term 2024 UC growth projections to 3.7%.
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Overview
Forecast Assumptions
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Corporate realestate downsizing initiatives will thwart investment in room system video collaboration endpoints by up to 5% in 2024.
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Video collaboration endpoints will receive up to a 7% investment spike in 2026, driven by replacements/upgrades from earlier pandemic-related implementations.
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Budget rationalization will reduce the extension of conferencing seats by 3.6% in 2024.
Market Impacts
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Video collaboration endpoint end-user spend will yield a 2.8% CAGR from 2023 to 2028. This will be offset by office realestate downsizing, but boosted by the prioritization of collaborative workspace within office spaces.
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Replacements of video collaboration endpoints will create a 4% to 7% investment lift in 2026
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