Press release
Voice Over Internet Protocol Services Market Global Opportunity Analysis and Industry Forecast, 2017-2023
In addition, these solutions allow use of data network to transmit voice services in small sized packets by increasing spectrum efficiency and reducing operational & maintenance cost.The global voice over internet protocol (VoIP) market is driven by rise in awareness about benefits of VoIP technology and enhanced audio & visual communication experience.
For More Details: https://www.alliedmarketresearch.com/voice-over-internet-protocol-voip-market
Moreover, rise in popularity of innovative and user-friendly applications, such as Viber, Line, Skype, and WhatsApp, fuel the market growth. However, low acceptance of VoIP services by the public and limited accessibility of high-speed networks restrain this growth. Furthermore, continuous technological advancements and surge in investment on R&D activities to develop technologically advanced solutions are expected to present various opportunities for market expansion.
The global voice over internet protocol (VoIP) market is segmented on the basis of call type, service, end user, and region. Based on call type, it is divided into international VoIP and domestic VoIP calls interactive assessments. Based on service, it is categorized into hosted business IP PBX, SIP trunking, managed IP PBX, and other services. The end user segment is bifurcated into corporate and individual users. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Scope and Regional Forecast of the VOIP Services Market:
According to the IndustryARC research analysis studies on the VOIP Services Market, Computer to Phone communication had the largest share of revenue in 2015. Phone to Phone is expected to witness the highest growth in CAGR during 2016-2021.
Europe is the dominating region for the VOIP Services Market closely followed by Asia Pacific, owing to high use of IP telephony and VOIP…
