GAITHERSBURG, Md., Oct. 02, 2017 (GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global leader in cloud business software for unified communication as a service (UCaaS), and provider of collaboration and contact center as a service (CCaaS), today announced that it retained its number-one position in UCaaS new line shipments, and grew its market share from 42.6% to 49.4% according to Synergy Research Group, an industry research analyst.1
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BroadSoft also maintained its leading UCaaS installed base market share at 45%; which is more than three times greater than the next closest competitor.
According to a recent Gartner report, cloud-based telephony licenses will increase by 17.9% in 2017, while premises-based license shipments will decline by 5.2%. Furthermore, Gartner forecasts that cloud-based shipments will surpass premises-based shipments by 2020.2 A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/7419342f-5b20-4216-9f75-d93512251c3f Jeremy Duke, founder and chief analyst, Synergy Research Group, observed: BroadSoft is the leader providing hosted and public cloud call control to the top communication service providers (CSPs) and UCaaS providers globally. BroadSoft continues to be in a unique position as a strategic partner to CSPs. In Synergys latest report, IP PBX Premise & Hosted/Cloud Call Control, the installed base of hosted and public cloud call control was measured at 37 million subscribers and licenses of which BroadSoft maintains a leading position of 45% installed base market share and increased its lead in in the cloud UCaaS new users shipped market share to 49%, nearly half of the total market.Matter for BroadSoft
Erin Knapp
Matter
617-502-6546
broadsoft@matternow.com
BroadSoft
Niaobh (Neve) Levestam
BroadSoft
+44 7919 605660
nlevestam@broadsoft.com
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