Global VoIP Market Overview:
Voice over Internet Protocol simply VoIP, is a form of communication that allows users to make phone calls over a broadband internet connection instead of typical analog telephone lines. Basic VoIP access usually allows a user to call others who are also receiving calls over the internet. Interconnected VoIP services also allow users to make and receive calls to and from traditional landline numbers, usually for a service fee. Some VoIP services require a dedicated VoIP phone or a computer, while others allow users to use your landline phone to place VoIP calls through a special adapter. VoIP is flattering an attractive communications option for consumers. This technology can replace traditional phone service while providing the same calling features such as call waiting, three-way calling, caller ID, and voicemail, among others. Some of the players profiled in the study are Verizon Communications Inc. (United States), At&T Inc (United States), Orange S.A. (France), Deutsche Telekom AG (Germany), KT (Korea Telecom) (South Korea), Sprint Nextel (United States), Telecom Italia S.p.A (Italy), Telenor (Sweden), Microsoft Corporation (United States), Vonage Citrix (United States) and T-Mobile (United States).
On the basis of geography, the market of VoIP has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Vertical, the sub-segment i.e. Healthcare will boost the VoIP market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Medium, the sub-segment i.e. Mobile will boost the VoIP market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by User , the sub-segment i.e. Individual Consumers will boost the VoIP market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Access , the sub-segment i.e. Phone To Phone will boost the VoIP market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Industry Participants Focusing Intensely On Pushing VoIP Solutions across Corporate & Individual Consumer Sectors
- Technological Advancements
- Adoption of Cloud-Based VoIP Services
- Cost Effectiveness and Increasing Demand
- Rapid Advancement in Network Infrastructure
- Lower Fees for Basic Broadband Service and the Brisk Adoption of Even Faster Internet Offerings
- Faster Networks Will Improve Call Quality
- Artificial Intelligence Will Enhance Telecom Systems
- Voice Assistants Will Get Smarter
- Plain Old Telephone Systems Will Die Out
- Spam over internet telephony (SPIT), spoofing, and identity theft
- Low public acceptance of VoIP services in the residential consumer segment
- The Demand for the VoIP and Its Applications Is Increasing
- Growing Consumer Bases in Emerging Economies
On 22 Nov 2017, Netherlands-based Altice Group has completed the merger of its two Dominican Republic based telecoms businesses Orange Dominicana and Tricom. The group has relaunched the combined business under the ‘Altice Dominicana’ brand name. The enlarged operator offers VoIP services, mobile, broadband, cable TV as well as a triple-play solution comprising its fixed line products.
The FCC requires interconnected VoIP providers to comply with the Communications Assistance for Law Enforcement Act of 1994 (CALEA) and to contribute to the Universal Service Fund, which supports communications services in high-cost areas and for income-eligible telephone subscribers.
Target Audience:VoIP Service Providers, VoIP Resellers, Regulatory Bodies, Government Bodies, Downstream Vendors and Industry Association
Major Objectives Focused through this Study To define, describe, and forecast the Global VoIP market on the basis of product [International VoIP Calls and Domestic VoIP Calls Interactive Assessments] , application [Individual Consumers and Corporate Consumers], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the VoIP market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the VoIP industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the VoIP market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.