Voice over Internet Protocol Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Voice over Internet Protocol (VOIP) Market covers analysis by Configuration, Call Types, End-users, and Deployment Model, and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPTE100000151
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Voice over internet protocol (VoIP) technology allows companies to offer low-cost communication services, and rich voice, video and data exchange services to an ever-expanding global consumer base. Voice over internet protocol (VoIP) systems convert voice signals into digital signals transmitted over the IP-based network. Voice over internet protocol (VoIP) solutions also let operators provide a new set of standard services by merging data and voice functions, which include video voice mail, instant messaging, video calling, and real-time language translation. Additionally, these solutions permit the use of data networks to transmit voice services in small-sized packets by growing spectrum efficiency and reducing operational and maintenance costs.

MARKET DYNAMICS

The growing awareness about the benefits of VoIP technology and enhanced audio and visual communication experience are some of the significant factors driving the growth of the voice over internet protocol (VOIP) market. However, limited accessibility of high-speed networks and low acceptance of VoIP services by the public are some of the major factors which may restrain the growth of the voice over internet protocol (VOIP) market. Furthermore, constant technological advancements and an increase in investment in R&D activities to grow technologically advanced solutions are anticipated to create various opportunities for the voice over internet protocol (VoIP) market.

MARKET SCOPE

The "Global Voice over Internet Protocol (VOIP) Market Analysis to 2028" is a specialized and in-depth study of the voice over internet protocol (VOIP) market with a special focus on the global market trend analysis. The report aims to provide an overview of voice over internet protocol (VOIP) market with detailed market segmentation by configuration, call type, deployment model, end user. The global voice over internet protocol (VOIP) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading voice over internet protocol (VOIP) market players and offers key trends and opportunities in the voice over internet protocol (VOIP) market.

MARKET SEGMENTATION

The global voice over internet protocol (VOIP) market is segmented on the basis of configuration, call type, deployment model, end user. On the basis of configuration, the market is segmented as computer to computer, phone to phone, computer to phone. On the basis of call type, the market is segmented as international/long distance calls, domestic calls. On the basis of deployment model, the market is segmented as cloud, on premises, hybrid. On the basis of end user, the market is segmented as individual customers, corporates, hosted businesses.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global voice over internet protocol (VOIP) market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The voice over internet protocol (VOIP) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting voice over internet protocol (VOIP) market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the voice over internet protocol (VOIP) market in these regions.

Voice over Internet Protocol (VOIP) Market Report Analysis

Voice over Internet Protocol (VOIP) Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Vonage Holdings Corp.
  • Microsoft Corporation (Skype)
  • 8×8, Inc.
  • Sprint Corporation
  • Nextiva, Inc.
  • RingCentral, Inc.
  • Viber Media S.r.l
  • InPhonex LLC
  • iNet Telecom Ltd.

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Configuration
By Call Types
By End-users
By Deployment Model
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

The reports cover key developments in the voice over internet protocol (VOIP) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from voice over internet protocol (VOIP) market are anticipated to lucrative growth opportunities in the future with the rising demand for voice over internet protocol (VOIP) market. Below mentioned is the list of few companies engaged in the voice over internet protocol (VOIP) market.

The report also includes the profiles of key voice over internet protocol (VOIP) market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

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Voice over Internet Protocol (VOIP) Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Configuration
    By Call Types
      By End-users
        By Deployment Model
          Regions and Countries Covered North America
          • US
          • Canada
          • Mexico
          Europe
          • UK
          • Germany
          • France
          • Russia
          • Italy
          • Rest of Europe
          Asia-Pacific
          • China
          • India
          • Japan
          • Australia
          • Rest of Asia-Pacific
          South and Central America
          • Brazil
          • Argentina
          • Rest of South and Central America
          Middle East and Africa
          • South Africa
          • Saudi Arabia
          • UAE
          • Rest of Middle East and Africa
          Market leaders and key company profiles
        • Vonage Holdings Corp.
        • Microsoft Corporation (Skype)
        • 8×8, Inc.
        • Sprint Corporation
        • Nextiva, Inc.
        • RingCentral, Inc.
        • Viber Media S.r.l
        • InPhonex LLC
        • iNet Telecom Ltd.
          • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
          Report Coverage
          Report Coverage

          Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

          Segment Covered
          Segment Covered

          This text is related
          to segments covered.

          Regional Scope
          Regional Scope

          North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

          Country Scope
          Country Scope

          This text is related
          to country scope.

          Companies List

          - Vonage Holdings Corp.
          - Microsoft Corporation (Skype)
          - 8×8, Inc.
          - Sprint Corporation
          - Nextiva, Inc.
          - RingCentral, Inc.
          - Viber Media S.r.l
          - InPhonex LLC
          - iNet Telecom Ltd.
          - IBM Lotus Sametime

          The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

          1. Data Collection and Secondary Research:

          As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

          Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

          1. Primary Research:

          The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

          For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

          A typical research interview fulfils the following functions:

          • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
          • Validates and strengthens in-house secondary research findings
          • Develops the analysis team’s expertise and market understanding

          Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

          • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
          • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

          Below is the breakup of our primary respondents by company, designation, and region:

          Research Methodology

          Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

          1. Data Analysis:

          Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

          • 3.1 Macro-Economic Factor Analysis:

          We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

          • 3.2 Country Level Data:

          Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

          • 3.3 Company Profile:

          The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

          • 3.4 Developing Base Number:

          Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

          1. Data Triangulation and Final Review:

          The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

          We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

          We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

          Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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