VoIP Trends and Forecast
The future of the global VoIP market looks promising with opportunities in the healthcare, BFSI, retail, hospitality, government, education, transportation, media & entertainment, and military & defence markets. The global VoIP market is expected to reach an estimated $62.8 billion by 2030 with a CAGR of 10.1% from 2024 to 2030. The major drivers for this market are rising adoption of smart devices and growing preference for 5G enable network.VoIP by Segment
The study includes a forecast for the global VoIP by type, access type, application, end use, and region.VoIP Market by Type [Shipment Analysis by Value from 2018 to 2030]
- SIP trunking
- Hosted IB PBX
- Managed IB PBX
VoIP Market by Access Type [Shipment Analysis by Value from 2018 to 2030]
- Phone to Phone
- Computer to Computer
- Computer to Phone
VoIP Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Healthcare
- BFSI
- Retail
- Hospitality
- Government
- Education
- Transportation
- Media and Entertainment
- Military and Defence
- Others
VoIP Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Consumers
- Small and Medium Enterprises
- Large Enterprises
VoIP Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of VoIP Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies VoIP companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the VoIP companies profiled in this report include-- Verizon
- At&T
- Orange Business Services
- Deutsche
- Telekom
VoIP Market Insights
The publisher forecasts that computer to phone will remain the largest segment over the forecast period.Within this market, hospitality will remain the largest segment over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global VoIP Market
- Market Size Estimates: VoIP market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: VoIP market size by various segments, such as by type, access type, application, end use, and region in terms of value ($B).
- Regional Analysis: VoIP market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, access types, applications, end uses, and regions for the VoIP market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the VoIP market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the VoIP market size?Answer: The global VoIP market is expected to reach an estimated $62.8 billion by 2030.
Q2. What is the growth forecast for VoIP market?
Answer: The global VoIP market is expected to grow with a CAGR of 10.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the VoIP market?
Answer: The major drivers for this market are rising adoption of smart devices and growing preference for 5G enable network.
Q4. What are the major segments for VoIP market?
Answer: The future of the VoIP market looks promising with opportunities in the healthcare, BFSI, retail, hospitality, government, education, transportation, media & entertainment, and military & defence markets.
Q5. Who are the key VoIP market companies?
Answer: Some of the key VoIP companies are as follows:
- Verizon
- At&T
- Orange Business Services
- Deutsche
- Telekom
Answer: The publisher forecasts that computer to phone will remain the largest segment over the forecast period.
Q7. In VoIP market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the VoIP market by type (SIP trunking, hosted IB PBX, and managed IB PBX), access type (phone to phone, computer to computer, and computer to phone), application (healthcare, BFSI, retail, hospitality, government, education, transportation, media and entertainment, military and defence, and others), end use (consumers, small and medium enterprises, and large enterprises), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global VoIP Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Verizon
- At&T
- Orange Business Services
- Deutsche
- Telekom
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
