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IP Telephony Market Grow at 8.1% CAGR to 2025 | Avaya, Mitel Networks Corporation, NEC Corporation, Microsoft Corporation, Cisco Systems
UK IP Telephony Market to 2025 - Regional Analysis and Forecasts by Component (Hardware, Software, and Services), Hardware (IP Desktop Phones, DECT Phones, and IP Conference Phones); Installation Type (Wired and Wireless) Enterprise Size (SME and Large Enterprises) End Users (Residential, Corporate and Governmental Organization)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.
By 2025 the British Telecom (BT) is anticipated to switch off the UK's ISDN telephone network, and this in response is expected to create a massive shock to the businesses, that rely on telephone lines. Although the majority of the industry is aware of the incidence, a lot of small businesses are yet unaware of the new trend in the market. 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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Companies Profiled in this report includes: Avaya Inc., Mitel Networks Corporation, NEC Corporation, Microsoft Corporation, Cisco Systems, Inc., Panasonic Corporation, Yealink Inc., Toshiba Corporation, Ascom Holding AG, Polycom, Inc., Unify Software And Solutions GmbH & Co. KG
The new regulation that shook the entire telecom industry in recent time, the GDPR (General Data Protection Regulation) regulation is on the contrary expected to provide the IP telephony market players with growth opportunities. Up till now the IP telephony along with its flexibility and several other advantages come with an array of vulnerabilities, and the advent of GDPR regulation compulsorily addresses these vulnerabilities, particularly those, which directly impact the privacy aspect. In the coming years the IP telephony service providers, therefore, would divide their focus from just the IT side of the GDPR to the voice side, by implementing the GDPR solutions, at both the access as well as Core Network Layers. The trend will attain its popularity in the future years owing to the opportunities gained by the pioneer service providers, who then will be able to meet the GDPR compliance but also reassure secured privacy to their customers. This in the future years would provide a significant competitive advantage, which gradually would turn into a requirement as the influence of GDPR over voice would become well known and widely enforced. The Enterprise consumers, including call centers, and accountants will be some of the early adopters of the IP telephony services that would also combine GDPR solutions. As a result, the UK IP telephony market is poised to offer numerous profitable business opportunities for market players during the forecast period.
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Table of Content:
INTRODUCTION
IP TELEPHONY MARKET - KEY INDUSTRY DYNAMICS
IP TELEPHONY MARKET - U.K ANALYSIS
U.K IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 - COMPONENT
IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 - BY HARDWARE
IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 - INSTALLATION
IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 - ENTERPRISE SIZE
IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 - END USER
UK IP TELEPHONY MARKET - KEY COMPANY PROFILES
9.1 AVAYA INC.
9.1.1 Key Facts
9.1.2 Business Description
9.1.3 Financial Overview
9.1.4 SWOT Analysis
9.1.5 Key Developments
9.2 MITEL NETWORKS CORPORATION
9.2.1 Key Facts
9.2.2 Business Description
9.2.3 Financial Overview
9.2.4 SWOT Analysis
9.2.5 Key Developments
9.3 NEC CORPORATION
9.3.1 Key Facts
9.3.2 Business Description
9.3.3 Financial Overview
9.3.4 SWOT Analysis
9.3.5 Key Developments
9.4 MICROSOFT CORPORATION
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