Business VoIP Services Market Scope
Business VoIP services are commercial-class versions of residential VoIP services that provide SME businesses with advanced features and functionality such as private branch exchange (PBX) capabilities, conference calling, desk-to-desk calling, and music on hold and automated attendants. Now that the coronavirus has become a full-blown pandemic and many businesses have been forced to transition to at-home work, reliable communication has become more important than ever. Fortunately, business VoIP services can help. VoIP transforms incoming or outgoing calls into a digital signal and sends it through the internet, converting it to a standard telephone signal to reach a non-VoIP number. This allows a user to receive business calls on his personal mobile device.
The market study is being classified by Type (Gateway type, IP-PBX type and IP Centrex type), by Application (Small Businesses, Medium Businesses and Others) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Business VoIP Services market throughout the predicted period.
8x8, Inc. (United States), AT&T, Inc. (United States), Avaya, Inc. (United States), Cisco Systems Inc. (United States), Deutsche Telekom AG (Germany), InPhonex LLC (United States), MegaPath (United States), Microsoft Corporation (United States), Mitel Networks Corporation (Canada), Nextiva (United States), Orange Business Services (France), RingCentral, Inc. (United States), ShoreTel, Inc. (United States), Sprint Corporation (United States), Telenor Group (Norway) and Verizon Enterprise Solutions (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Viber Media S. r.l (Cyprus), Vonage Holdings Corp. (United States), West Corporation (United States), Ooma Inc. (United States), Grasshopper (United States), Vonage (United States), Jive (United States), Mitel (Canada) and Megapath (United States).
AdvanceMarketAnalytics has segmented the market of Global Business VoIP Services market by Type, Application and Region.
On the basis of geography, the market of Business VoIP Services 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).
On 11 May 2020, Nextra, one of Europes fastest growing business-related communications service providers, announced the launch of its Norwegian voice-over IP service which will allow the companys corporate clients to cash in on lower price voice calls via data networks and reduce overall network administration costs.
- An Emergence of AI and Machine Learning
- Increased Mobility Capabilities
- Growing Demand for VoIP Services Owing to the Greater Security with Lower Cost
- The Rising Demand for the VoIP Services from the Small Businesses
- VoIP setups gives companies a much more robust feature set is Likely to Propel the Growth
- Rapidly Growing Demand from the Developing Economies
- Increased Specific Regulations
- The Rising Security Concerns
- An Increasing Number of Employees Today Prefer To Conduct Their Business Communications over Digital Means Such As Social Media and Live Chat Applications
- There Are Several Important Challenges in Providing VoIP Services
Key Target AudienceBusiness VoIP Services Providers, Regulatory & Government Bodies, Potential Investors, Downstream Vendors, End Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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