Voice over Internet Protocol (VoIP) Equipment Market - Forecasts from 2025 to 2030

The Global Voice Over Internet Protocol (VoIP) Equipment Market is expected to grow from USD 142.552 billion in 2025 to USD 222.217 billion in 2030, at a CAGR of 9.29%.

The global Voice over Internet Protocol (VoIP) equipment market is experiencing steady growth, driven by the increasing adoption of IP-based telephony across enterprise and residential sectors. VoIP enables cost-effective voice and multimedia transmission over internet protocol networks, reducing call costs, particularly for international communications, and leveraging affordable internet resources. Growing global internet penetration further supports market expansion.

Market Growth Drivers

The VoIP equipment market is propelled by the rising preference for IP-based telephony, which offers significant cost savings for small and medium enterprises (SMEs), especially for international calls. The availability of high-speed internet at lower costs enhances VoIP accessibility, driving demand for equipment like phones, modems, and gateways. Enterprises are increasingly adopting VoIP to streamline communication, improve operational efficiency, and support remote work environments. Additionally, residential users are embracing VoIP for its affordability and advanced features, such as voicemail transcription and call screening, further fueling market growth.

Market Segmentation Analysis

By Device

The VoIP equipment market is segmented into modems, gateways, servers, phones, and others. VoIP phones hold a significant share due to their advanced features, including music on hold, call diverting, call screening, voicemail, and voicemail-to-email transcription. These functionalities enhance user experience and productivity, driving demand in both enterprise and residential settings.

By End Users

The market is divided into enterprise and residential segments, with enterprises holding a considerable share. Large corporations and SMEs adopt VoIP equipment to optimize business communications, reduce costs, and support global operations. The residential segment is also growing, driven by consumer demand for affordable, feature-rich communication solutions.

By Geography

North America and Europe lead the VoIP equipment market, supported by advanced technological infrastructure and high adoption rates among enterprises. The Asia-Pacific region is expected to exhibit strong growth, driven by increasing enterprise involvement in international business, economic growth, and rising income levels in developing economies like India and China. These factors encourage SMEs to invest in VoIP equipment for efficient operations, contributing to regional market expansion.

Competitive Landscape

The VoIP equipment market is highly competitive, fueled by demand for cost-effective, multifunctional communication systems. Key players, including Cisco, AT&T, Avaya, Siemens, Huawei Technologies Co. Ltd., and Zycoo Co., Ltd., drive innovation through continuous investments in product development and technological infrastructure. These companies focus on enhancing VoIP equipment features, such as scalability and integration with cloud-based platforms, to meet diverse enterprise needs. Strategic partnerships and product launches strengthen their market positions, intensifying global competition.

The VoIP equipment market is poised for modest growth, driven by the shift toward IP-based telephony, cost savings for SMEs, and increasing internet penetration. VoIP phones dominate due to their advanced features, while enterprises lead end-user adoption. North America and Europe maintain market leadership, but Asia-Pacific shows strong growth potential due to economic and technological advancements. Despite intense competition, major players are leveraging innovation to capture market share. As global connectivity improves, the VoIP equipment market is expected to thrive, supporting efficient and affordable communication solutions.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

• Historical data from 2020 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others.

Segmentation:

By Device

• VoIP Gateway
• VoIP Server
• IP Phone / VoIP Phone
• Softphone
• Modem
• Session Border Controller
• Others

By End-User

• Large Enterprises
• Small and Medium Enterprises (SMEs)
• Residential Users
• Government and Public Sector
• Call Centers / BPOs

By Geography

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa