Global Voice over Internet Protocol Market – Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Voice over Internet Protocol Market By Type (Integrated Access/SIP Trunking, Managed IP PBX, Hosted IP PBX), Access Type (Phone-To-Phone, Computer-To-Computer, Computer-To-Phone), Call Type (International Calls, Domestic Calls, Interactive Assessments), Medium (Fixed, Mobile), End-Use (Consumer, SMBs, Large Enterprises), Application (IT & Telecom, BFSI, Healthcare, Government & Public Sector, Retail, Education, Hospitality), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Voice over Internet Protocol Market

Global voice over internet protocol market is expected to register a healthy CAGR of 12.21% in the forecast period of 2019-2026. This rise in market value can be attributed to the significant rise in the adoption rate of these services from SMBs as well as the availability of cloud-based VoIP solutions.

Market Definition: Global Voice over Internet Protocol Market

Voice over Internet Protocol (VoIP) is defined as the collection of systems which is used as a communication solution for exchange of voice signals and information in real-time with the help of internet. This solution is basically utilized for long-distance calling, but it’s not just limited to voice calling. This system also enables exchange of fax, data, texts over the internet which are all constituted in communication exchange of various organizations and individuals.

Market Drivers:

  • Increased awareness and preference for usage of hosted VoIP solutions is expected to augment growth of the market
  • Availability of advanced and innovative 5G technology is expected to boost the growth of the market
  • Rising focus on better telephonic services and communications systems in various organizations is also expected to foster growth of the market
  • Cost-efficiency and effectiveness in comparison to circuit switched network method; this factor is expected to drive the growth of the market

Market Restraints:

  • Requirement of consistent high-speed internet service to maintain the optimal quality of this service; this factor is expected to restrict the growth of the market
  • Concerns regarding security of information and hacking issues with VoIP; this factor is expected to restrict the growth of the market
  • Concerns regarding issues of interoperability of these systems is expected to restrict the growth of the market

Segmentation: Global Voice over Internet Protocol Market

By Type

  • Integrated Access/Session Initiation Protocol (SIP) Trunking
  • Managed Internet Protocol (IP) Private Branch Exchange (PBX)
  • Hosted Internet Protocol (IP) Private Branch Exchange (PBX)

By Access Type

  • Phone-To-Phone
  • Computer-To-Computer
  • Computer-To-Phone

By Call Type

  • International Calls
  • Domestic Calls
  • Interactive Assessments

By Medium

  • Fixed
  • Mobile

By End-Use

  • Consumer
  • Small & Medium Businesses (SMBs)
  • Large Enterprises

By Application

  • IT & Telecom
  • Banking, Financial Services & Insurance (BFSI)
  • Healthcare
  • Government & Public Sector
  • Retail
  • Education
  • Hospitality

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In November 2018, Yellowbus Solutions Ltd. announced that they had acquired Converged Business Solutions established in Warrington, U.K. proving specialised telephony services with a focus on VoIP solutions. This acquisition will help Yellowbus in establishing themselves as a leader in managed solutions provider for small & medium enterprises
  • In January 2018, Votacall, Inc. announced that they had acquired Mobiso from Lyrix inclusive of all the patents and infrastructural assets associated with Mobiso. Mobiso is an innovative suite of software products focusing on providing cloud-based speech recognition software which will help in further enhancement of the position of Votacall, Inc. for business-class VoIP

Competitive Analysis

Global voice over internet protocol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of voice over internet protocol market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global voice over internet protocol market are 8x8, Inc.; ALE International, ALE USA Inc.; AT&T Intellectual Property; Avaya Inc.; Cisco Systems, Inc.; Citrix Systems, Inc.; Deutsche Telekom AG; Google; Huawei Technologies Co., Ltd.; Jive Communications; Microsoft; Nextiva; Mitel Networks Corp.; Telecom Italia; Orange Business Services; Ribbon Communications Operating Company, Inc.; RingCentral, Inc.; Telenor Group; Verizon; Vonage; ZTE Corporation; 3CX; Yellowbus Solutions Ltd. and Votacall, Inc. among others.

Research Methodology: Global Voice over Internet Protocol Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


SKU-

Please fill in the below form for detailed Table of Content

Please fill in the below form for detailed List of Table

Please fill in the below form for detailed List of Figure

CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00
BUY NOW ADD TO CART
Why Choose Us
REQUEST FOR SAMPLE