VoIP Services Market Share, Size, Status and Forecast Report 2022

VoIP Services Market Share, Size, Status and Forecast
Report 2022
Voice over Internet Protocol is a tactic, which utilizes several data and voice
transmission technologies such as IP telephony, voice above broadband and
Internet telephony to offer communication services above a packet-switched
network. VoIP services necessitate exchange of voice signal into digital signals,
which are then conceded over the IP supported network.
Voice over Internet Protocol is a tactic, which utilizes several data and voice transmission
technologies such as IP telephony, voice above broadband and Internet telephony to offer
communication services above a packet-switched network. VoIP services necessitate exchange of
voice signal into digital signals, which are then conceded over the IP supported network. VoIP
services are employed using several protocols such as, Session Initiation Protocol, Real Time
Protocol (RTP), Inter Asterisk exchange and Media Gateway Control Protocol The worldwide VOIP
services industry is determined by industry participants focusing extremely on pushing VoIP
solutions across individual consumer sectors and corporate. This trend has directed market to multipronged
advancement, particularly in cloud-based models network infrastructure.
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Open-source and Proprietary platforms are continuously witnessing the accumulation of novel
technologies. Hence, consumers are demanding advanced and novel solutions to decrease costs for
getting benefits of communication services.
This vigorous expansion is accredited to service providers transitioning from switched circuit
networks to switched packet networks owing to which the market is expected to witness a shift
from conventional telephony using GSM or CDMA technology, to VoIP services utilizing cellular
networks such as 4G and 3G. The major benefit of VoIP facility is its cost performance. VoIP is
competent of offering phone number portability and rich media services. Moreover, VoIP is
proficient in providing features such as integrated applications, service mobility, user control
interface and some other rich qualities. VoIP services are simple to establish, apply and
troubleshoot. The VoIP services find its function across end-use sections such as residential,
corporate and mobile network providers. Demand for mobility and BYOD trend is directing to
expansion of smart devices in the market and thus increasing the enlargement of VoIP services
around the globe. Additionally, technical advancement has allowed the network operators to
augment their infrastructure and utilization of VoIP on these system has amplified over the last few
years. Further, business customers are implementing the cloud supported business solutions which
are cost efficient and provide high class of service. Though, the lack of consciousness among the
residential consumer’s section and lack of promotional performance by VoIP service providers is
expected to pose challenge for the expansion of the market.
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On the basis of configuration, the market can be segregated into computer to phone, computer to
computer and phone to phone. At present the market is subjugated by computer to phone
configuration segment. But, with the going up demand for mobility among the residential and
corporate consumers, it is expected phone to phone VoIP or mobile VoIP market will generate
maximum revenue for VoIP services provider over the forecast period. On the basis of end-use
segment the market can be broadly classified corporate consumers, residential consumers,
managed IP PBX, IP connectivity and hosted business. Hosted business section is expected to

generate maximum revenue over the forecast period. These customers can take advantage of VoIP
services on a rigid leased line of on wireless networks offered by telecommunication service
providers. The customers can make international stretched distance call coupled with domestic calls
utilizing VoIP services.
On the basis of call type, the market can be segregated into domestic VoIP calls and international
VoIP calls. The section of international long distance calls is expected to generate maximum revenue
over the forecast period owing to their extensive demand. On the basis of geographical region the
market can be segregated into Asia Pacific, North America, Europe and Rest of the World. Asia
Pacific is expected to witness the rapid expansion over the forecast period owing to the network
advancement in budding economies such as India, China, Indonesia and some other offers
tremendous opportunities for the VoIP service provider to widen their subscriber base. North
America is expected to capture largest revenue over the forecast period owing to their extensive
customer base coupled with rapid technological advancements in this area. North America is
followed by Europe.
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Some of the key players in this market are iNet Telecom Ltd. , AT&T, Ring Central, Inc., Microsoft
Corporation, 8×8 Inc, Vonage Holdings Corp, Viber Media S.r.l, Nextiva, Inc., Avaya, and Sprint
Corporation. The enterprises such as AT&T and Verizon are broadening their horizons by getting
into the industry with their creations such as AT&T call vantage. The impact of small public
reception is expected to demur over the forecast period. Some policies and regulations,
implemented by different countries governments in budding economies to safeguard and protect
local telecom industry is expected to hamper the escalation of the worldwide VOIP Services
Industry to a large extent which in return will fuel of the growth of companies in this market.
Furthermore, the enterprises such as AT&T and Verizon are broadening their horizons by getting
into the industry with their creations such as AT&T call vantage.

Market Segment:
This report studies the global VoIP Services market, analyzes and researches the VoIP Services
development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This
report focuses on the top players in global market, like
• Vonage
• Comcast
• Time Warner
• Cablevision
• Charter
• Bright House
• 8x8
• Jive
• Mitel
• Broadvoice
• OnSIP
Market segment by Type, VoIP Services can be split into
• International Long Distance VoIP Calls
• Domestic VoIP Calls
Market segment by Application, VoIP Services can be split into
• Corporate Consumers
• IP Connectivity

• Managed IP PBX
• Hosted Business
• Individual Consumers
• Other
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