The Voice over Internet Protocol (VoIP) market is expected to grow from USD 23.90 billion in 2019 to USD 55.25 billion by 2025 at a CAGR of 12.72% from 2020 to 2026.
The VoIP market development is qualified to factors such as efforts taken by government agencies & private companies for the development of the wireless communications infrastructure and the improved adoption of cloud-based VoIP services owing to cost-efficiency. Businesses with poor communication infrastructure face issues such as low audio quality and long delays that can adversely impression their productivity. Thus, they migrate from traditional phone systems to cloud-based phone systems, which are handmade to handle voice mails & calls to enable smooth communication. As technology supports voice & video communications over the internet, enterprises are widely using such solutions to allow high business performance through a more reliable and routable calling services & condensed maintenance. Additional factor leading to VoIP market demand is the increasing trend of workforce mobility. By deploying VoIP solutions, enterprises can improve communication and collaborations among employees and remote users to rise business productivity.
The global Voice over Internet Protocol (VoIP) market is segregated on the basis of Industry Vertical as Education, Transportation , Media And Entertainment , Military And Defence, Others, Healthcare, BFSI, Retail, Hospitality, and Government. Based on User Type the global Voice over Internet Protocol (VoIP) market is segmented in SMBs, Large Enterprises, and Individual Consumers. Based on Medium the global Voice over Internet Protocol (VoIP) market is segmented in Fixed and Mobile.
Based on Type, the global Voice over Internet Protocol (VoIP) market is segmented in Domestic VoIP Calls Interactive Assessments and International VoIP Calls. The report also bifurcates the global Voice over Internet Protocol (VoIP) market based on Access Type in Computer To Phone, Computer To Computer, and Phone To Phone.
The global Voice over Internet Protocol (VoIP) market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Voice over Internet Protocol (VoIP) market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Microsoft Corporation (Skype), Vonage Holdings Corp., InPhonex LLC, Sprint Corporation, Nextiva, Inc., 8×8, Inc., Viber Media S.r.l, RingCentral, Inc., iNet Telecom Ltd., and others are among the major players in the global Voice over Internet Protocol (VoIP) market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Voice over Internet Protocol (VoIP) market has been segmented as below:
Voice over Internet Protocol (VoIP) Market, By Industry Vertical
Voice over Internet Protocol (VoIP) Market, By User Type
Voice over Internet Protocol (VoIP) Market, By Medium
Voice over Internet Protocol (VoIP) Market, By Type
Voice over Internet Protocol (VoIP) Market, By Access Type
Voice over Internet Protocol (VoIP) Market, By Region
Voice over Internet Protocol (VoIP) Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Voice over Internet Protocol (VoIP) market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Voice over Internet Protocol (VoIP) market share. Major industry players with significant revenue share include Microsoft Corporation (Skype), Vonage Holdings Corp., InPhonex LLC, Sprint Corporation, Nextiva, Inc., 8×8, Inc., Viber Media S.r.l, RingCentral, Inc., iNet Telecom Ltd., and others.
Why to Buy this Report:
Target Audience:
The report targeted towards the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Education
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Transportation
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Media And Entertainment
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Military And Defence
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Others
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Healthcare
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 BFSI
5.8.1 Market Overview
5.8.2 Market Size and Forecast
5.9 Retail
5.9.1 Market Overview
5.9.2 Market Size and Forecast
5.10 Hospitality
5.10.1 Market Overview
5.10.2 Market Size and Forecast
5.11 Government
5.11.1 Market Overview
5.11.2 Market Size and Forecast
6.1 Introduction
6.2 SMBs
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Large Enterprises
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Individual Consumers
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7.1 Introduction
7.2 Fixed
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Mobile
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8.1 Introduction
8.2 Domestic VoIP Calls Interactive Assessments
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 International VoIP Calls
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9.1 Introduction
9.2 Computer To Phone
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Computer To Computer
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Phone To Phone
9.4.1 Market Overview
9.4.2 Market Size and Forecast
10.1 Introduction
10.2 North America
10.2.1 North America Voice over Internet Protocol (VoIP), By Industry Vertical
10.2.2 North America Voice over Internet Protocol (VoIP), By User Type
10.2.3 North America Voice over Internet Protocol (VoIP), By Medium
10.2.4 North America Voice over Internet Protocol (VoIP), By Type
10.2.5 North America Voice over Internet Protocol (VoIP), By Access Type
10.3 Europe
10.3.1 Europe Voice over Internet Protocol (VoIP), By Industry Vertical
10.3.2 Europe Voice over Internet Protocol (VoIP), By User Type
10.3.3 Europe Voice over Internet Protocol (VoIP), By Medium
10.3.4 Europe Voice over Internet Protocol (VoIP), By Type
10.3.5 Europe Voice over Internet Protocol (VoIP), By Access Type
10.4 Asia-Pacific
10.4.1 Asia-Pacific Voice over Internet Protocol (VoIP), By Industry Vertical
10.4.2 Asia-Pacific Voice over Internet Protocol (VoIP), By User Type
10.4.3 Asia-Pacific Voice over Internet Protocol (VoIP), By Medium
10.4.4 Asia-Pacific Voice over Internet Protocol (VoIP), By Type
10.4.5 Asia-Pacific Voice over Internet Protocol (VoIP), By Access Type
10.5 Rest of the World
10.5.1 Rest of the World Voice over Internet Protocol (VoIP), By Industry Vertical
10.5.2 Rest of the World Voice over Internet Protocol (VoIP), By User Type
10.5.3 Rest of the World Voice over Internet Protocol (VoIP), By Medium
10.5.4 Rest of the World Voice over Internet Protocol (VoIP), By Type
10.5.5 Rest of the World Voice over Internet Protocol (VoIP), By Access Type
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12.1 Microsoft Corporation (Skype)
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 Vonage Holdings Corp.
12.2.1 Company Overview
12.2.2 Product/Service Landscape
12.2.3 Financial Overview
12.2.4 Recent Developments
12.3 InPhonex LLC
12.3.1 Company Overview
12.3.2 P