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Business VoIP Services - Global Market Trajectory & Analytics

  • ID: 2255367
  • Report
  • September 2020
  • Region: Global
  • 204 Pages
  • Global Industry Analysts, Inc
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Global Business VoIP Services Market to Reach $31.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Business VoIP Services estimated at US$26.4 Billion in the year 2020, is projected to reach a revised size of US$31.9 Billion by 2027, growing at a CAGR of 2.8% over the period 2020-2027.

The U. S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 5.1% CAGR

The Business VoIP Services market in the U. S. is estimated at US$7.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2027 trailing a CAGR of 5.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR. We bring years of research experience to this 19th edition of our report. The 204-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • 8x8 Inc.
  • AT&T, Inc.
  • Avaya Inc.
  • Cisco Systems Inc.
  • Deutsche Telekom AG
  • InPhonex LLC
  • MegaPath
  • Microsoft Corp.
  • Mitel Networks Corporation
  • Nextiva
  • Orange Business Services
  • RingCentral Inc.
  • ShoreTel Inc.
  • Sprint Corporation
  • Telenor Group
  • Verizon Enterprise Solutions
  • Viber Media S.à r. l
  • Vonage Holdings Corp.
  • West Corporation
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Shifting of Voice Traffic Away from PSTN to Mobile and Internet Networks Paves the Way for the Emergence of VoIP
  • Recent Market Activity
  • Overview of VoIP Service Provider Strategies Catalyzing Growth
  • Focused Strategies on Mobile VoIP
  • VoIP Peering Agreements
  • Bundled Services at Competitive Costs: A Key Service Differentiation Strategy
  • Market Outlook
  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • Business VoIP Services Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
2. FOCUS ON SELECT PLAYERS
  • 8x8, Inc. (USA)
  • AT&T, Inc. (USA)
  • Avaya, Inc. (USA)
  • Cisco Systems Inc. (USA)
  • Deutsche Telekom AG (Germany)
  • InPhonex LLC (USA)
  • MegaPath (USA)
  • Microsoft Corporation (USA)
  • Mitel Networks Corporation (Canada)
  • Nextiva (USA)
  • Orange Business Services (France)
  • RingCentral, Inc. (USA)
  • ShoreTel, Inc. (USA)
  • Sprint Corporation (USA)
  • Telenor Group (Norway)
  • Verizon Enterprise Solutions (USA)
  • Viber Media S.à r.l (Cyprus)
  • Vonage Holdings Corp. (USA)
  • West Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Noteworthy Market Trends & Drivers
  • High Speed Internet Connectivity, Expanding Bandwidth & Falling Data Bandwidth Costs Prime the VoIP Market for Rapid Growth & Proliferation
  • Pervasive Business WLANs & Strong Sales of Wi-Fi Phone Units Dives Demand for VoWLAN
  • On the Back of Converged IT Environments, VoIP Gains Prominence as the Stepping Stone for UC Implementation
  • Productivity Receives a Boost When BYOD Meets VoIP
  • Sustained Value Created by Mobile & Affordable Audio Conferencing Drives Demand for VoIP Audio Conferencing Solutions
  • The Move Towards Smart Offices Drives Interest in Connecting VoIP Networks to IoT Networks
  • WebRTC Packs More Power into the VoIP Technology
  • Mushrooming of SMEs Worldwide Bodes Well for the VoIP Services Market
  • Cloud Telephony Emerges as the Most Successful Hosted Business Model
  • The US$290 Billion Call Center Market Stands Tall as a Lucrative End-User of Business VoIP Services
  • Virtualization of VoIP Eliminates Call Manager Resource Wastage
  • Growing Investments in 4G, Promised Benefits of 5G & the Ensuing Emphasis on VoLTE to Boost Mobile VoIP Applications
  • Disruptive Emergence of Social Business Drives the Integration of Social Media with VoIP
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Business VoIP Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Business VoIP Services Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
  • TABLE 3: Business VoIP Services Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • Market Analytics
  • TABLE 4: United States Business VoIP Services Market Estimates and Projections in US$ Million: 2020 to 2027
  • TABLE 5: Business VoIP Services Market in the United States: A Historic Review in US$ Million for 2012-2019
CANADA
  • TABLE 6: Canadian Business VoIP Services Market Estimates and Forecasts in US$ Million: 2020 to 2027
  • TABLE 7: Canadian Business VoIP Services Historic Market Review in US$ Million: 2012-2019
JAPAN
  • TABLE 8: Japanese Market for Business VoIP Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 9: Business VoIP Services Market in Japan: Historic Sales Analysis in US$ Million for the Period 2012-2019
CHINA
  • TABLE 10: Chinese Business VoIP Services Market Growth Prospects in US$ Million for the Period 2020-2027
  • TABLE 11: Business VoIP Services Historic Market Analysis in China in US$ Million: 2012-2019
EUROPE
  • Market Facts & Figures
  • Market Analytics
  • TABLE 12: European Business VoIP Services Market Demand Scenario in US$ Million by Region/Country: 2020-2027
  • TABLE 13: Business VoIP Services Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
  • TABLE 14: European Business VoIP Services Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
FRANCE
  • TABLE 15: Business VoIP Services Market in France: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 16: French Business VoIP Services Historic Market Scenario in US$ Million: 2012-2019
GERMANY
  • TABLE 17: Business VoIP Services Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
  • TABLE 18: German Business VoIP Services Historic Market Analysis in US$ Million: 2012-2019
ITALY
  • TABLE 19: Italian Business VoIP Services Market Growth Prospects in US$ Million for the Period 2020-2027
  • TABLE 20: Business VoIP Services Historic Market Analysis in Italy in US$ Million: 2012-2019
UNITED KINGDOM
  • TABLE 21: United Kingdom Market for Business VoIP Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 22: Business VoIP Services Market in the United Kingdom: Historic Sales Analysis in US$ Million for the Period 2012-2019
SPAIN
  • TABLE 23: Spanish Business VoIP Services Market Estimates and Forecasts in US$ Million: 2020 to 2027
  • TABLE 24: Spanish Business VoIP Services Historic Market Review in US$ Million: 2012-2019
RUSSIA
  • TABLE 25: Russian Business VoIP Services Market Estimates and Projections in US$ Million: 2020 to 2027
  • TABLE 26: Business VoIP Services Market in Russia: A Historic Review in US$ Million for 2012-2019
REST OF EUROPE
  • TABLE 27: Rest of Europe Business VoIP Services Market Estimates and Forecasts in US$ Million: 2020-2027
  • TABLE 28: Business VoIP Services Market in Rest of Europe in US$ Million: A Historic Review for the Period 2012-2019
ASIA-PACIFIC
  • TABLE 29: Asia-Pacific Business VoIP Services Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 30: Business VoIP Services Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
  • TABLE 31: Asia-Pacific Business VoIP Services Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
AUSTRALIA
  • TABLE 32: Business VoIP Services Market in Australia: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
  • TABLE 33: Australian Business VoIP Services Historic Market Analysis in US$ Million: 2012-2019
INDIA
  • TABLE 34: Indian Business VoIP Services Market Estimates and Forecasts in US$ Million: 2020 to 2027
  • TABLE 35: Indian Business VoIP Services Historic Market Review in US$ Million: 2012-2019
SOUTH KOREA
  • TABLE 36: Business VoIP Services Market in South Korea: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
  • TABLE 37: South Korean Business VoIP Services Historic Market Analysis in US$ Million: 2012-2019
REST OF ASIA-PACIFIC
  • TABLE 38: Rest of Asia-Pacific Market for Business VoIP Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 39: Business VoIP Services Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million for the Period 2012-2019
LATIN AMERICA
  • TABLE 40: Latin American Business VoIP Services Market Trends by Region/Country in US$ Million: 2020-2027
  • TABLE 41: Business VoIP Services Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
  • TABLE 42: Latin American Business VoIP Services Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
ARGENTINA
  • TABLE 43: Argentinean Business VoIP Services Market Estimates and Forecasts in US$ Million: 2020-2027
  • TABLE 44: Business VoIP Services Market in Argentina in US$ Million: A Historic Review for the Period 2012-2019
BRAZIL
  • TABLE 45: Business VoIP Services Market in Brazil: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 46: Brazilian Business VoIP Services Historic Market Scenario in US$ Million: 2012-2019
MEXICO
  • TABLE 47: Business VoIP Services Market in Mexico: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
  • TABLE 48: Mexican Business VoIP Services Historic Market Analysis in US$ Million: 2012-2019
REST OF LATIN AMERICA
  • TABLE 49: Rest of Latin America Business VoIP Services Market Estimates and Projections in US$ Million: 2020 to 2027
  • TABLE 50: Business VoIP Services Market in Rest of Latin America: A Historic Review in US$ Million for 2012-2019
MIDDLE EAST
  • TABLE 51: The Middle East Business VoIP Services Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 52: Business VoIP Services Market in the Middle East by Region/Country in US$ Million: 2012-2019
  • TABLE 53: The Middle East Business VoIP Services Market Share Breakdown by Region/Country: 2012, 2020, and 2027
IRAN
  • TABLE 54: Iranian Market for Business VoIP Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 55: Business VoIP Services Market in Iran: Historic Sales Analysis in US$ Million for the Period 2012-2019
ISRAEL
  • TABLE 56: Israeli Business VoIP Services Market Estimates and Forecasts in US$ Million: 2020-2027
  • TABLE 57: Business VoIP Services Market in Israel in US$ Million: A Historic Review for the Period 2012-2019
SAUDI ARABIA
  • TABLE 58: Saudi Arabian Business VoIP Services Market Growth Prospects in US$ Million for the Period 2020-2027
  • TABLE 59: Business VoIP Services Historic Market Analysis in Saudi Arabia in US$ Million: 2012-2019
UNITED ARAB EMIRATES
  • TABLE 60: Business VoIP Services Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
  • TABLE 61: United Arab Emirates Business VoIP Services Historic Market Analysis in US$ Million: 2012-2019
REST OF MIDDLE EAST
  • TABLE 62: Business VoIP Services Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
  • TABLE 63: Rest of Middle East Business VoIP Services Historic Market Analysis in US$ Million: 2012-2019
AFRICA
  • TABLE 64: African Business VoIP Services Market Estimates and Projections in US$ Million: 2020 to 2027
  • TABLE 65: Business VoIP Services Market in Africa: A Historic Review in US$ Million for 2012-2019
IV. COMPETITION
  • Total Companies Profiled: 108
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