Global Mobile Voice Over Internet Protocol (VoIP) Market, By Access Type (Phone To Phone, Computer To Computer and Computer To Phone), Call Type (International VoIP Calls and Domestic VoIP Calls Interactive Assessments), Type (Integrated Access/Session Initiation Protocol (SIP) Trunking, Managed IP PBX and Hosted IP PBX), Medium (Mobile and Fixed), User Type (Individual Consumers, SMBs and Large Enterprises), Industry Vertical (Healthcare, BFSI, Retail, Hospitality, Government, Education, Transportation, Media And Entertainment, Military And Defence and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights Global Mobile Voice Over Internet Protocol (VoIP) Market
Mobile voice over internet protocol (VoIP) market is expected to grow at CAGR of 12% in the forecast period of 2021 to 2028. Data Bridge Market Research report on mobile voice over internet protocol (VoIP) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Widespread availability of different devices and platforms, ease of usage, and free accessibility are providing traction to the demand for instant messaging applications has been directly impacting the growth of mobile voice over internet protocol (VoIP) market.
Voice over internet protocol (VoIP) technology enables companies to provide affordable communication services, as well as video, voice and data exchange services rich on a growing global consumer base. VoIP systems convert voice signals into digital signals generated by an IP-based network. VoIP solutions also allow operators to offer a new set of standard services by combining voice and data functions, including video voice mail, video calling, instant messaging, and real-time language translation. In addition, these solutions allow the use of a data network to transfer voice services in smaller packets by increasing spectrum efficiency and reducing operating and maintenance costs.
Increase in the penetration of smartphones is a driving factor for the mobile voice over internet protocol (VoIP) market. Rising popularity of innovative and user-friendly applications including Skype, Viber, Line, and WhatsApp is also a driver for the mobile voice over internet protocol (VoIP) market. Increasing need for social connectedness is also an opportunity for the mobile voice over internet protocol (VoIP) market.
Limited availability of high-speed networks is a challenge for the mobile voice over internet protocol (VoIP) market. However, strict regulations exist against the use of VoIP services which is the main restraint for the growth of mobile voice over internet protocol (VoIP) market during the forecast period of 2021- 2028.
This mobile voice over internet protocol (VoIP) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research mobile voice over internet protocol (VoIP) market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
In June 2019, Truecaller has announced the roll out of its VoIP (Voice over Internet Protocol) calling service that is known by the name ‘Truecaller Voice’. The feature allows its users to make voice calls using mobile data or Wi-Fi network. The Truecaller Voice button in the app will allow its users to make voice calls to their contacts over their mobile data or Wi-Fi network on the same platform.
Mobile Voice Over Internet Protocol (VoIP) Market Scope and Market Size
Mobile voice over internet protocol (VoIP) market is segmented on the basis of access type, call type, type, medium, user type and industry vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Mobile voice over internet protocol (VoIP) market on the basis of access type has been segmented as phone to phone, computer to computer and computer to phone.
- Based on call type, the mobile voice over internet protocol (VoIP) market has been segmented into international VoIP calls and domestic VoIP calls interactive assessments.
- Based on type, the mobile voice over internet protocol (VoIP) market has been segmented into integrated access/session initiation protocol (SIP) trunking, managed IP PBX and hosted IP PBX.
- Based on medium, the mobile voice over internet protocol (VoIP) market has been segmented into mobile and fixed.
- Based on user type, the mobile voice over internet protocol (VoIP) market has been segmented into individual consumers, SMBs and large enterprises.
- Based on industry vertical, the mobile voice over internet protocol (VoIP) market has been segmented into healthcare, BFSI, retail, hospitality, government, education, transportation, media and entertainment, military and defence and others.
Mobile Voice Over Internet Protocol (VoIP) Market Country Level Analysis
Mobile voice over internet protocol (VoIP) market is analysed and market size, volume information is provided by country, access type, call type, type, medium, user type and industry vertical as referenced above.
The countries covered in the mobile voice over internet protocol (VoIP) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific will dominate the mobile voice over internet protocol (VoIP) market due to increasing subscriber base in economies such as India, China, and Japan. Increased investment in the deployment of high-speed internet and the wider availability of free applications is also a driver for the market. Content and mobile consumption are on a rise in India which is also a driver for the market in this region. While Europe will be expected to witness the highest growth rate due to high internet penetration in the region and adoption of these services over the forecast period.
The country section of the mobile voice over internet protocol (VoIP) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Voice Over Internet Protocol (VoIP) Market Share Analysis
Mobile voice over internet protocol (VoIP) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mobile voice over internet protocol (VoIP) market.
The major players covered in the mobile voice over internet protocol (VoIP) market report ZTE Corporation, Vonage, Verizon, Telenor Group, RingCentral, Inc, ECI Telecom Ltd., Orange Business Services, Nextiva,, Mitel Networks Corp., Microsoft, GoTo, Jive Software., Huawei Technologies Co., Ltd., Google Inc., Deutsche Telekom AG, Citrix Systems, Inc., CiscoSystems, Inc., Avaya Inc., AT&T Inc., Alcatel Lucent Enterprise, 8x8, Inc., TATA Communications, Tencent, Grasshopper, Truphone are among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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