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UK IP Telephony Market Trade Scenario by 2025 - Avaya, Mitel Networks, NEC, Microsoft, Cisco Systems, Panasonic, Yealink, Toshiba

08-06-2019 08:09 AM CET | IT, New Media & Software

Press release from: Premium Market Insights

UK IP Telephony Market - Premium Market Insights

UK IP Telephony Market - Premium Market Insights

The UK IP Telephony market accounted for US$ 1.50 Bn in 2017 and is anticipated to grow at a CAGR of 8.1% to account for US$ 2.74 Bn by 2025.

The situation provides the IP telephony market players with an opportunity to showcase their creative marketing strategies, that would generate not only awareness on a large scale but also broaden their sales growth opportunity. The fact that the switching of ISDN in the UK is expected to provide a significant growth opportunity to the IP telephony market, and it is further supported by the burgeoning count of SMEs in the UK. The SMEs that are thriving to expand their businesses overseas, and as outlaying of the established offices abroad at the initial stage can become expensive and time-consuming for them; the enterprises are expected to opt for VoIP services. Thus, the UK IP telephony market is expected to provide numerous profitable opportunities for market players during the coming years.

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The List of Companies
1. Avaya Inc.
2. Mitel Networks Corporation
3. NEC Corporation
4. Microsoft Corporation
5. Cisco Systems, Inc.
6. Panasonic Corporation
7. Yealink Inc.
8. Toshiba Corporation
9. Ascom Holding AG
10. Polycom, Inc.
11. Unify Software And Solutions GmbH & Co. KG

The UK IP telephony market by hardware includes IP Desktop phone, IP Conference Phone, and DECT Phone, and other hardware. The IP desktop phones are the basic IP telephony supporting phones, that are different from other digital telephones available in the market. These type of IP telephony are known to embrace the IP communication environment, by offering myriad benefits to businesses. The IP desktop phones a channel that links the services, which incorporate voice into video and data applications. The feature is accomplished by basic IP phones up to a certain level, whereas more advanced IP phones available in the market now are the multimedia endpoints that cumulatively get all these features with a single interface.

Thus, the significant presence of IP desktop phones in the UK region is projected to continue to provide numerous profitable opportunities for the UK IP telephony market players during the coming years

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