Global Video Conferencing Mobile VoIP Market, By Type (Integrated Access/Session Initiation Protocol (SIP) Trunking, Managed IP PBX, Hosted IP PBX), Access Type (Phone to Phone, Computer to Computer, Computer to Phone), Call Type (International VoIP Calls, Domestic Calls), Medium (Fixed, Mobile), Application (IT & Telecom, BFSI, Healthcare, Government & Public Sector, Retail, Education, Hospitality), End-Use ( Consumers, SMBs, Large Enterprises) - Industry Trends and Forecast to 2031.
Video Conferencing Mobile VoIP Market Analysis and Size
The rise in penetration of smart devices across the globe acts as one of the major factors driving the growth of the video conferencing mobile VoIP market. The increase in popularity of innovative and user-friendly applications, such as Line, Skype, WhatsApp, and Viber, among others, for improving smartphone functionality regarding communication and connectivity, and the presence of robust network infrastructure accelerates the market growth. The launch of advanced product variants with improved features, such as flexible screens, augmented reality, and holographic displays, for offering higher compatibility with mobile VoIP services, and the use of the technology for lowering data charges further influence the market.
Data Bridge Market Research analyzes that the global video conferencing mobile VoIP market was valued at USD 63.55 billion in 2023 and is expected to reach USD 183.19 billion by 2031, registering a CAGR of 14.2% during the forecast period of 2024-2031. “The Integrated Access/SIP Trunking segment” dominates the market due to its seamless integration capabilities, enabling efficient communication across various devices and networks, coupled with cost-effective and scalable solutions.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Video Conferencing Mobile VoIP Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
By Type (Integrated Access/Session Initiation Protocol (SIP) Trunking, Managed IP PBX, Hosted IP PBX), Access Type (Phone to Phone, Computer to Computer, Computer to Phone), Call Type (International VoIP Calls, Domestic Calls), Medium (Fixed, Mobile), Application (IT & Telecom, BFSI, Healthcare, Government & Public Sector, Retail, Education, Hospitality), End-Use ( Consumers, SMBs, Large Enterprises)
|
|
Countries Covered
|
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
|
|
Market Players Covered
|
Microsoft Corporation (U.S.), Facebook Inc. (U.S.), Apple Inc. (U.S.), Google LLC (U.S.), Citrix Systems, Inc. (U.S.), Deutsche Telekom AG (Germany), ECI Telecom Ltd. (Israel), Huawei Technologies Co., Ltd. (China), Orange (France), Telenor Group (Norway), ZTE Corporation (China), Nextiva (U.S.), RingCentral, Inc. (U.S.), Verizon (U.S.), 8x8, Inc. (U.S.), Avaya Inc. (U.S.), Jive Software (U.S.), Mitel Networks Corp. (Canada), Vonage Holdings Corporation (U.S.), Alcatel-Lucent S.A. (France), AT&T Intellectual Property (U.S.), Cisco Systems, Inc. (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Video conferencing mobile VoIP is defined as an extension of voice calls over to data services, including 3G/4G or Wi-Fi. The data is generally transmitted in small-sized packets that enhances the spectrum efficiency and reduces the maintenance cost owning to the use of one network for data transmission. Android OS, iOS, and Windows OS and MAC OS are some of the common platforms adopted for video conferencing mobile VoIP.
Global Video Conferencing Mobile VoIP Market Dynamics
Drivers
- Rise in Penetration of Smart Devices Across the Globe
As smartphones and tablets become increasingly ubiquitous, the demand for video conferencing and mobile VoIP solutions has soared, as these technologies leverage the advanced capabilities of smart devices to provide seamless, high-quality communication experiences. The growing prevalence of smart devices underscores a global shift towards more connected and mobile-friendly communication platforms, fueling the expansion of the video conferencing and mobile VoIP market.
- Increase in Popularity of Innovative and User-Friendly Applications
Users seek more intuitive and engaging communication tools, the market has responded with a proliferation of applications that prioritize simplicity and functionality. This surge in user-centric design has not only enhanced the overall user experience but has also driven the adoption of video conferencing and mobile VoIP solutions on a global scale. The emphasis on innovative and user-friendly applications reflects a broader trend toward technology that seamlessly integrates into users' daily lives, contributing significantly to the market's growth and evolution.
Opportunity
- Rise in of Bring Your Own Device (BYOD)
Widespread adoption of Bring Your Own Device (BYOD) policies within organizations. This trend allows employees to use their personal devices, such as smartphones and tablets, for seamless access to video conferencing and mobile VoIP services. BYOD not only enhances flexibility and convenience but also contributes to the market's expansion by fostering a more agile and interconnected communication environment across diverse devices and platforms.
Restraint/Challenge
- Limited Availability of High-Speed Networks and Security Concerns
The market faces challenges due to the limited availability of high-speed networks and persistent security concerns. As these technologies heavily rely on robust and fast networks, regions with limited access to high-speed connectivity may experience barriers to widespread adoption. Additionally, heightened security concerns, including issues related to data privacy and potential cyber threats, pose challenges that necessitate advanced measures to ensure the safe and secure transmission of sensitive information during video conferencing and mobile VoIP interactions. Addressing these issues becomes crucial for the market's sustained growth and global accessibility.
This video conferencing mobile VoIP market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 the video conferencing mobile VoIP market contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Recent Development
- In July 2021, Microsoft entered into partnership with BT, a British multinational telecommunication holding company, to shape the future of telecoms. Through this partnership, both companies enable to strengthen new transmission services that satisfy the demands and needs of customers by aligning their visions for communication, connectivity, security, and digital technology
Global Video Conferencing Mobile VoIP Market Scope
The video conferencing mobile VoIP market is segmented on the basis of type, access type, call type, medium, application and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Integrated Access/Session Initiation Protocol (SIP) Trunking
- Managed IP PBX
- Hosted IP PBX
Access Type
- Phone to Phone
- Computer to Computer
- Computer to Phone
Call Type
- International VoIP Calls
- Domestic Calls
Medium
- Fixed
- Mobile
Application
- IT & Telecom
- BFSI
- Healthcare
- Government & Public Sector
- Retail
- Education
- Hospitality
End-Use
- Consumers
- SMBs
- Large Enterprises
Global Video Conferencing Mobile VoIP Market Regional Analysis/Insights
The video conferencing mobile VoIP market is analyzed and market size insights and trends are provided by country, type, access type, call type, medium, application and end-use as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, the 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, and rest of the Middle East and Africa.
Europe is expected to dominate the market due to the high internet penetration and instant communication platforms such as Skype and WhatsApp. Asia-Pacific is expected to witness highest growth during the forecast period of 2024 to 2031 due to the increasing subscriber base in economies such as India, China, and Japan.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream 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 Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Video Conferencing Mobile VoIP Market Share Analysis
The video conferencing mobile VoIP market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the video conferencing mobile VoIP market.
Some of the major players operating in the video conferencing mobile VoIP market are:
- Microsoft Corporation (U.S.)
- Facebook Inc. (U.S.)
- Apple Inc. (U.S.)
- Google LLC (U.S.)
- Citrix Systems, Inc. (U.S.)
- Deutsche Telekom AG (Germany)
- ECI Telecom Ltd. (Israel)
- Huawei Technologies Co., Ltd. (China)
- Orange (France)
- Telenor Group (Norway)
- ZTE Corporation (China)
- Nextiva (U.S.)
- RingCentral, Inc. (U.S.)
- Verizon (U.S.)
- 8x8, Inc. (U.S.)
- Avaya Inc. (U.S.)
- Jive Software (U.S.)
- Mitel Networks Corp. (Canada)
- Vonage Holdings Corporation (U.S.)
- Alcatel-Lucent S.A. (France)
- AT&T Intellectual Property (U.S.)
- Cisco Systems, Inc. (U.S.)
SKU-