VoIP Services Market - Growing at a CAGR of 9.1% between 2016 and 2021
Global demand for VoIP service market was valued at USD 83 billion in 2015, is expected to reach USD 140 billion in 2021, growing at a CAGR of above 9.1% by 2021
Global demand for VoIP service market was valued at USD 83 billion in 2015, is expected to reach USD 140 billion in 2021, growing at a CAGR of above 9.1% by 2021
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Published By: Zion Research<br />
<strong>VoIP</strong> <strong>Services</strong> (Domestic <strong>VoIP</strong> Calls <strong>and</strong> Intern<strong>at</strong>ional Long Distance <strong>VoIP</strong> Calls)<br />
<strong>Market</strong> by Configur<strong>at</strong>ion (Phone-to-Phone, Computer-to-Phone <strong>and</strong> Computer-to-<br />
Computer) for Hosted Business, IP Connectivity, Managed IP PBX, Individual<br />
Consumers <strong>and</strong> Corpor<strong>at</strong>e Consumers: Global Industry Perspective, Comprehensive<br />
Analysis, Size, Share, Growth, Segment, Trends <strong>and</strong> Forecast, 2015 – <strong>2021</strong><br />
Joel John<br />
3422 SW 15 Street, Suit #8138,<br />
Deerfield Beach,<br />
Florida 33442, USA<br />
Tel: +1-386-310-3803<br />
Toll Free: 1-855-465-4651<br />
www.marketresearchstore.com<br />
sales@marketresearchstore.com
<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong><br />
Zion Research has published a new report titled “<strong>VoIP</strong> <strong>Services</strong> (Domestic <strong>VoIP</strong> Calls <strong>and</strong> Intern<strong>at</strong>ional<br />
Long Distance <strong>VoIP</strong> Calls) <strong>Market</strong> by Configur<strong>at</strong>ion (Phone-to-Phone, Computer-to-Phone <strong>and</strong><br />
Computer-to-Computer) for Hosted Business, IP Connectivity, Managed IP PBX, Individual Consumers<br />
<strong>and</strong> Corpor<strong>at</strong>e Consumers: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth,<br />
Segment, Trends <strong>and</strong> Forecast, 2015 – <strong>2021</strong>."According to the report, global dem<strong>and</strong> for <strong>VoIP</strong> services<br />
market was valued <strong>at</strong> over USD 83 billion in 2015, is expected to reach above USD 140 billion in <strong>2021</strong><br />
<strong>and</strong> is anticip<strong>at</strong>ed to grow <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong> above <strong>9.1%</strong> <strong>between</strong> <strong>2016</strong> <strong>and</strong> <strong>2021</strong>.<br />
<strong>VoIP</strong> (Voice over Internet Protocol) is a communic<strong>at</strong>ion method <strong>of</strong> voice transfer by utilizing the internet.<br />
<strong>VoIP</strong> services is emerging as <strong>at</strong>tractive communic<strong>at</strong>ions altern<strong>at</strong>ive for customers. Broadb<strong>and</strong> phone<br />
service, Internet telephony, IP telephony, broadb<strong>and</strong> telephony is the terms associ<strong>at</strong>ed with the <strong>VoIP</strong><br />
services. Infrastructure cost can be reduced as voice <strong>and</strong> d<strong>at</strong>a communic<strong>at</strong>ions can be run over a single<br />
network.<br />
Browse the full "<strong>VoIP</strong> <strong>Services</strong> (Domestic <strong>VoIP</strong> Calls <strong>and</strong> Intern<strong>at</strong>ional Long Distance <strong>VoIP</strong> Calls)<br />
<strong>Market</strong> by Configur<strong>at</strong>ion (Phone-to-Phone, Computer-to-Phone <strong>and</strong> Computer-to-Computer) for<br />
Hosted Business, IP Connectivity, Managed IP PBX, Individual Consumers <strong>and</strong> Corpor<strong>at</strong>e<br />
Consumers: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth,<br />
Segment, Trends <strong>and</strong> Forecast, 2015 – <strong>2021</strong>." report<br />
<strong>at</strong> http://www.marketresearchstore.com/report/voip-services-market-z56122<br />
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<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong><br />
<strong>Growing</strong> technological advancement for development <strong>of</strong> network infrastructure <strong>and</strong> wireless mobile<br />
communic<strong>at</strong>ion majorly drives the <strong>VoIP</strong> services market. Rise in number <strong>of</strong> portable device customers,<br />
has led the dem<strong>and</strong> for <strong>VoIP</strong> services. Attributes such as packaged services <strong>and</strong> the rising dem<strong>and</strong> for<br />
portable device is increasing across the individuals <strong>and</strong> corpor<strong>at</strong>e sector resulting into the spurt in<br />
dem<strong>and</strong> for <strong>VoIP</strong> services. Constantly upd<strong>at</strong>ing services by telecommunic<strong>at</strong>ion players gener<strong>at</strong>es healthy<br />
competition among players contributing to escal<strong>at</strong>ing dem<strong>and</strong> for <strong>VoIP</strong> services<br />
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<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong><br />
Based on type, the <strong>VoIP</strong> services market can be segmented into domestic <strong>VoIP</strong> calls <strong>and</strong> intern<strong>at</strong>ional<br />
long distance <strong>VoIP</strong> calls. Intern<strong>at</strong>ional long distance <strong>VoIP</strong> calls emerged as the leading segment with<br />
52% <strong>of</strong> total revenue share in 2015 <strong>and</strong> are further expected to rise to 62% in forecast period due to<br />
exp<strong>and</strong>ing globaliz<strong>at</strong>ion <strong>between</strong> the business organiz<strong>at</strong>ions across different industries. Commercial<br />
clients in Europe <strong>and</strong> North America have largest revenue for intern<strong>at</strong>ional long distance <strong>VoIP</strong> calls.<br />
Phone-to-phone, computer-to-phone <strong>and</strong> computer-to-computer are the configur<strong>at</strong>ions for <strong>VoIP</strong> services.<br />
Among all, computer-to-computer segment was the leading configur<strong>at</strong>ion in 2015 with more than 35% <strong>of</strong><br />
share. Phone-to-phone is also estim<strong>at</strong>ed to show high growth in <strong>VoIP</strong> services in the coming up years.<br />
Hosted business, IP connectivity, managed IP PBX, individual consumers <strong>and</strong> corpor<strong>at</strong>e consumers are<br />
the key users in <strong>VoIP</strong> services market. Hosted business held the majority <strong>of</strong> shares in 2015, in terms <strong>of</strong><br />
revenue. Managed IP PBX <strong>and</strong> IP connectivity is likely to experience significant growth within the<br />
forecast period.<br />
In 2015, Europe domin<strong>at</strong>ed the <strong>VoIP</strong> services market. With 14% <strong>of</strong> <strong>CAGR</strong> Asia Pacific is expected to<br />
grow significantly due to escal<strong>at</strong>ing use <strong>of</strong> high speed communic<strong>at</strong>ion such as 3G <strong>and</strong> 4G also<br />
moderniz<strong>at</strong>ion in network infrastructure. L<strong>at</strong>in America, Middle East <strong>and</strong> Africa are likely to observe<br />
substantial growth over forecast period because <strong>of</strong> low price <strong>of</strong> <strong>VoIP</strong> services for the individual <strong>and</strong><br />
corpor<strong>at</strong>e users. North America is projected to witness decent growth over the next few years.<br />
The key participants in the VOIP services market include Viber Media S.r.I., InPhonex LLC, Vonage<br />
Holdings Corp, AT&T, Micros<strong>of</strong>t Corpor<strong>at</strong>ion (Skype), Avaya, Nextiva, Inc., Sprint Corpor<strong>at</strong>ion, 8×8 Inc.,<br />
RingCentral, Inc. <strong>and</strong> Vonage Holdings Corpor<strong>at</strong>ion among others. AT&T, Inc. was leading the market<br />
with 7% share in total revenue in 2015.<br />
This report segments the <strong>VoIP</strong> services market as follows:<br />
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<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong><br />
<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong>: Type Segment Analysis<br />
<br />
<br />
Domestic <strong>VoIP</strong> Calls<br />
Intern<strong>at</strong>ional Long Distance <strong>VoIP</strong> Calls<br />
<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong>: Configur<strong>at</strong>ion Segment Analysis<br />
<br />
<br />
<br />
Phone-to-Phone,<br />
Computer-to-Phone<br />
Computer-to-Computer<br />
<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong>: End user Segment Analysis<br />
<br />
<br />
<br />
<br />
<br />
Hosted Business<br />
IP Connectivity<br />
Managed IP PBX<br />
Individual Consumers<br />
Corpor<strong>at</strong>e Consumers<br />
<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong>: Regional Segment Analysis<br />
<br />
<br />
North America<br />
o US<br />
Europe<br />
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<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong><br />
<br />
<br />
<br />
o Germany<br />
o France<br />
o UK<br />
Asia Pacific<br />
o China<br />
o Japan<br />
o India<br />
L<strong>at</strong>in America<br />
o Brazil<br />
Middle East <strong>and</strong> Africa<br />
Free sample @ http://www.marketresearchstore.com/report/voip-services-marketz56122#RequestSample<br />
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<strong>VoIP</strong> <strong>Services</strong> <strong>Market</strong><br />
Browse the full "<strong>VoIP</strong> <strong>Services</strong> (Domestic <strong>VoIP</strong> Calls <strong>and</strong> Intern<strong>at</strong>ional Long Distance <strong>VoIP</strong> Calls)<br />
<strong>Market</strong> by Configur<strong>at</strong>ion (Phone-to-Phone, Computer-to-Phone <strong>and</strong> Computer-to-Computer) for<br />
Hosted Business, IP Connectivity, Managed IP PBX, Individual Consumers <strong>and</strong> Corpor<strong>at</strong>e Consumers:<br />
Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends <strong>and</strong><br />
Forecast, 2015 – <strong>2021</strong>." report <strong>at</strong> http://www.marketresearchstore.com/report/voip-services-marketz56122<br />
<strong>Market</strong> Research Store<br />
Address: Suite #8138, 3422 SW 15 Street, Deerfield Beach, Florida 33442, USA<br />
Tel: +1-386-310-3803<br />
Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@marketresearchstore.com<br />
Web : http://www.marketresearchstore.com<br />
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