Press release
IP Telephony Market: Companies Look toward Strategic Collaborations to Establish a Stronger Footprint
Request Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36329
The effect of these strategies adopted by the leading players can be noted in the overall market’s trajectory. According to TMR, the global IP telephony market is likely to showcase a positive 8.8% CAGR over the forecast period starting from 2017 to 2025. At this pace the global IP telephony market, which stood at US$29.52 bn in 2016, will value US$63.34 bn by the end of 2025. By component, the softphones segment is likely to remain strong, exhibiting a CAGR of 9.4% through the aforementioned forecast period. Regionally, North America held the highest share in the global IP telephony market in 2016. Besides this, the market is also expected to witness lucrative prospects in Asia Pacific.
Rising Uptake of Softphones to Augur Well for the Market
The market will increasingly benefit from the rising adoption of softphones and the increasing demand for VoIP services. As more companies adopt cloud technology to spearhead technological advancements in their businesses, the demand for IP telephony will spike in response. Given the scenario, experts are of opinion the global IP telephony market will considerably benefit from the modernization of network infrastructure, the increasing use of high speed communication, and the rising adoption of VoIP services, especially in the banking sector. To capitalize on the prevailing opportunities, IP telephony and telecommunication providers are seen offering diverse advanced IP phones to consumers. Besides this, several companies have offered enhanced cloud based telephony systems to attain a sustainable lead in the global telephony market.
Browse Our Report: https://www.transparencymarketresearch.com/ip-telephony-market.html
Opportunities Witnessed across Emerging Nations to Give Market Significant Impetus
Meanwhile, the market is expected to gain momentum in response to the attractive opportunities offered by Japan and emerging nations such as India in Asia Pacific. The presence of a large pool of IP telephony service providers who offer advanced telephony services at affordable prices will give impetus to the overall market in the coming years. In other parts of the world the market will exhibit a higher pace as businesses effectively commence optimizing their employee productivity, UC frameworks, and the overall efficiency of their day to day operations. The journey however begins with the incorporation of VoIP services. In response to the willingness of companies to invest in upgrading their existing VoIP services, the overall technology industry is gaining steam after years of reporting robust growth. Furthermore, the industry is witnessing an onset of investment from organizations for the first time, which bodes well for strategic collaborations in the private sector. The cumulative effect of all these factors will be felt in the global IP telephony market in terms of increased CAGR.
This review is based on a TMR report, titled “IP Telephony Market (Component - Hardware Based (IP Desktop Phones, Audio Conference Phones, and DECT Phones), Softphones, and Services (Maintenance, Installation, and Consultant); End Use - BFSI, Healthcare, Retail, Government and Organizations) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025.”
View TOC of This Report: https://www.transparencymarketresearch.com/report-toc/36329
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release IP Telephony Market: Companies Look toward Strategic Collaborations to Establish a Stronger Footprint here
News-ID: 1008714 • Views: …
More Releases from Transparency Market Research
Acromegaly Treatment Market to Reach USD 3.1 Billion by 2035, Driven by Diagnost …
The global Acromegaly Treatment Market is experiencing a significant transformation as improved early diagnosis, innovative therapeutic formulations, and regulatory support converge to expand patient access and drive substantial growth. According to the latest industry analysis, the global market, valued at US$ 1.5 billion in 2024, is projected to reach US$ 3.1 billion by 2035, progressing at a CAGR of 6.7% from 2025 to 2035.
Gain a preview of important insights from…
Forensic Genomics Market Projected to Surge to USD 2.4 Billion by 2035 as NGS, A …
The global Forensic Genomics Market is undergoing a period of accelerated transformation and expansion as next-generation sequencing (NGS), advanced PCR workflows, and AI/ML-driven bioinformatics redefine the capabilities of modern forensic investigations. According to the latest industry analysis, the market-valued at US$ 0.5 billion in 2024-is projected to reach approximately US$ 2.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 14.5% between 2025 and 2035.
Access key findings…
Planetary Roller Screw Market to Reach USD 1.1 Billion by 2035 as Demand for Hig …
The global Planetary Roller Screw Market is poised for substantial expansion over the next decade, driven by rising demand for high-load, high-precision performance in harsh industrial environments, rapid technological advancements, and the ongoing global shift toward electrified and automated systems. According to the latest industry intelligence, the market-valued at US$ 610.0 Mn in 2024-is projected to reach US$ 1,105.0 Mn by 2035, advancing at a compound annual growth rate (CAGR)…
Chemical Absorbent Cotton Market Set to Reach USD 600.1 Million by 2035 Driven b …
The global Chemical Absorbent Cotton Market is entering a phase of sustained expansion, backed by rapid industrialization, strengthened environmental regulations, and growing adoption of biodegradable absorbent solutions across healthcare, chemical handling, automotive, and industrial safety applications. According to the latest industry analysis, the global market-valued at US$ 340.0 million in 2024-is projected to reach US$ 600.1 million by 2035, expanding at a CAGR of 5.4% from 2025 to 2035.
Access key…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
