The growing adoption of hybrid cloud communications in small and large businesses is expected to drive growth in the global VoIP Services Market during the forecast period.
Small and medium-sized businesses, as well as large corporations, are increasingly incorporating hybrid cloud communications into their infrastructure. For example, Seagate Technology plc, a storage solutions company, introduced updated hybrid cloud data protection solutions in July 2015, allowing customers to manage their data growth and progressively compound security needs in an easy and cost effective manner. Furthermore, the growing demand for cloud-based communication services is expected to fuel market growth. This is due to the budgetary benefits provided by these services, such as possible per-user monthly fees, low capital expenses, and fewer IT personnel, as well as strategic benefits such as uniformity.