Atlas Financial Holdings Inc
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Financials : Insurance | Small Cap Value
Company profile

Atlas Financial Holdings, Inc. is a financial services holding company. The Company, through its subsidiaries, is engaged in the underwriting of commercial automobile insurance policies, focusing on the light commercial automobile sector. It operates through the property and casualty (P&C) insurance business segment. Its automobile sector includes taxi cabs, non-emergency para-transit, limousine, livery and business auto. Its automobile insurance products provide insurance coverage in over three areas, including liability, accident benefits and physical damage. Its liability insurance provides coverage subject to policy terms and conditions where the insured is determined to be responsible and/or liable for an automobile accident, for the payment for injuries and property damage to third parties. The accident benefit policies or provide coverage for loss of income, medical and rehabilitation expenses for insured persons injured in an automobile accident, regardless of fault.

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UCaaS Market to Exhibit a CAGR of 10.5%; Ability to Increase Work Productivity Will Upsurge Demand, says Fortune Business Insights(TM)

1:37 pm ET February 22, 2021 (Globe Newswire) Print

The global UCaaS market size is projected to reach USD 36.45 billion by 2026, thereby exhibiting a CAGR of 10.5% during the forecast period. This information is given in a recently published report by Fortune Business Insights(TM), titled, "Unified Communication as a Service (UCaaS) Market Size, Share & Industry Analysis, By Component (Telephony, Unified Messaging, Collaboration Platforms, Conferencing, and Reporting and Analytics), By Organization Size (SMEs, Large Enterprises), By End-User (Banking, Financial Services, and Insurance (BFSI), IT and Telecommunications, Consumer Goods and Retail, Healthcare, Travel and Transportation, Public Sector and Utilities, and Others) and Regional Forecast, 2019-2026." The report further states that the market was worth USD 16.73 billion in 2018. It is likely to gain momentum from the ability of UCaaS to optimize business processing and upsurge productivity by enhancing communication between teams.

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Highlights of the Report

-- Elaborate details about the UCaaS market trends, opportunities, challenges, growth drivers, and obstacles.

-- List of all the segments present in the market, including the niche ones.

-- Geographical analysis to let the entrepreneurs know about suitable areas to invest in.

-- In-depth information about the strategies of key players to help the clients in growing their businesses.

Implementation of BYOD Services by Companies to Boost Growth

Nowadays, many companies are putting forward the bring your own devices (BYOD) services for their employees. It is set to aid these companies in improving collaboration, increasing productivity, strengthening communication channels between employees, and cutting costs. The service enables employees to get access to the corporate network via their own devices. Employees can connect their devices, such as smartphones, laptops, PCs, and notebooks into the network of a particular company that they are a part of.

Additionally, several businesses are offering the feature of mobility solutions to enhance consumer satisfaction with faster service and response, as well as to manage business continuity. Besides, mobility solutions help the employees in being in touch with their colleagues, partners, and consumers. Lastly, the increasing adoption of tablets and smartphones, coupled with the persistent development of 5G infrastructure, are expected to propel the UCaaS market growth during the forthcoming period.

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North America to Dominate Stoked by Technological Advancements

The market is geographically fragmented into Latin America, Asia Pacific, North America, the Middle East & Africa, and Europe. Out of these, North America had generated USD 6.68 billion UCaaS market revenue in 2018 and is expected to dominate the market in the coming years by reaching USD 13.34 billion. This growth is attributable to the ongoing technological developments and steady growth of the economy. Apart from that, rising expenditure on IT infrastructure would also drive growth. Asia Pacific, on the other hand, is anticipated to exhibit the fastest CAGR backed by the upsurging availability of smartphones and large consumer population. Emerging nations, namely, Japan, China, and India, would also contribute to the growth of the market. But, the growth in this region may be obstructed by the increasing concerns regarding security issues and data privacy.

Verizon Collaborates with Zoom to Expand Product Portfolio

June 2019: Verizon Business Group, a division of Verizon Communications based in New Jersey, announced that it has teamed up Zoom Video Communications, a provider of remote conferencing services, headquartered in the U.S. As per the collaboration, Verizon will be able to provide its large consumer base with the latest, unified communications solution. It would aid in enhancing organizational collaboration. At present, Zoom's unified communications platform is available to all the consumers of Verizon as a cloud service. The consumers will get access to around 50 countries using either call-me or toll-free/call-in toll numbers. It would help both companies in gaining the maximum unified communication as a service market share during the forecast period.

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List Of Key Companies Profiled In UCaaS Market Are :

-- Google LLC

-- Cisco Systems, Inc.

-- Avaya, Inc.

-- Microsoft Corporation

-- AT&T

-- Polycom Inc.

-- IBM Corporation

-- Genesys

-- Huawei Technologies Co. Ltd.

-- Telefonaktiebolaget LM Ericsson

-- Verizon Communications, Inc.


-- ALE International

-- Other key market players

Quick Buy - Unified Communication as a Service Market:

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Have a Look at Related Research Insights:

Unified Communication Market Size, Share and Global By Application (Video, Telephony, Conferencing and others), By Deployment (On-premise & Cloud-Based/Hosted), By Industry Vertical (Retail, Healthcare, Manufacturing and others) and Geography Forecast till 2021-2028

Team Collaboration Software Market Size, Share & COVID-19 Impact Analysis, By Component (Solution, Services), By Deployment (Cloud, On-Premises), By Enterprise Size (SMEs, Large Enterprises), By End-User (Banking, Financial Services and Insurance (BFSI), IT and Telecommunications, Manufacturing, Retail and Consumer Goods, Healthcare, Transportation and Logistics, Education, Others), and Regional Forecast, 2020-2027

Everything-as-a-Service (XaaS) Market Size, Share & Industry Analysis, By Type (Security as a Service, Unified Communications as a Service, Storage as a Service, Network as a Service, Database as a Service, Backend as a Service), By Organization (Small and Medium Enterprises, Large Enterprises),By Industry (Retail, Banking, Financial Services, and Insurance (BFSI), Healthcare, Telecom and IT) Others and Regional Forecast, 2021-2028

Location Analytics Market Size, Share & Industry Analysis, By Component (Solution, Services), By Location Type (Indoor, Outdoor), By Deployment Type (Cloud, On-Premises), By End-User (Retail, Government, Energy and Utilities, Healthcare, Travel and Transportation, Telecommunications, and Others) and Regional Forecast, 2019-2026

Robotic Process Automation (RPA) Market Size, Share & Industry Analysis, By Deployment (On-premise, Cloud), By Application (Administration and Reporting, Customer Support, Data Migration & Capture Extraction, Analytics, and Others), By Operation (Rule-based, Knowledge-based), By Industry (Retail, Manufacturing and Logistics Industry, BFSI, Healthcare, IT and Telecom, Hospitality, and Others), and Regional Forecast, 2019-2026

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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM), we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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