VoIP Services Market Business Scope & Development Factors by 2027 | Players Apple Inc. (FaceTime), Avaya, AT&T Inc., Verizon Wireless, Orange, Deutsche Telekom AG, KT Corporation, Sprint Corporation, Telecom Italia, Telenor, T-Mobile, and Tata Communicati

VoIP (Voice over Internet Protocol) is an advanced technology that enables the user to make free and cheap calls around the globe. This service is provided voice over internet protocol provider that allows making and receiving such calls. For example, internet service is provided by an internet service provider. The best example of VoIP Skype, which is a very popular VoIP service on the internet among users. VoIP is classified into home phone replacement residential services, no-monthly-bill services, software-based services, mobile VoIP services, and VoIP services for businesses.

Increasing usage of internet and penetration of IP phones that offer long-distance communication at an affordable price is expected to propel the market growth of voice over internet protocol. Moreover, the increasing launch of VOIP based phone around the globe is further anticipated to foster the market growth of Voice over Internet Protocol. For instance, in August 2018, Bharat Sanchar Nigam Ltd (BSNL) has introduced BSNL WINGS a VOIP based service. WINGS, have no SIM or cable wiring as is a VOIP service through an app. The WINGS service offers unlimited free audio/video calling for one year and the service can be activated with a one-time fee of Rs. 1,099 (Rs 1,297 with GST).

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From the regional point of view, North America is expected to gain significant growth over the forecast timeframe and this can be attributed to the rising adoption of cloud services and development in telecommunications infrastructure. Moreover, companies in the region are shifting from the traditional PSTN network to cloud-based telephony to reduce hardware dependency and increase productivity is also expected to augment the regional market growth.

Key Developments:

• In April 2019, Nigeria based startup Tizeti, an internet service provider, launched WifiCall.ng—an internet voice-calling platform for individuals and businesses. WifiCall is a VoIP—or Voice over Internet Protocol—subscription service that offers unlimited calls to any phone number, even if that number isn’t registered on WifiCall’s network.

• In July 2019, GNS, the maritime technology company, and FrontM have announced a new technology partnership to offer shipping companies with big savings onshore to ship voice calls. The new Voyager VOICE service uses Voice over Internet Protocol (VoIP) technology to provide savings of up to 40% on current call costs to bridge satellite phone numbers.

• In November 2017 Thuraya Telecommunications Company announced the launch of Thuraya Talk, its high-quality Voice over IP (VoIP) service and offer customers an easy and convenient way to stay connected and opens up unique communication capabilities for both personal and professional use

Market Dynamics:

Currently organizations are progressively attracted to business voice over IP as a way to reduce IT cost.  Enterprises voice over IP's low maintenance costs combined with higher adaptability and better features are attracting organizations of all sizes that are looking to reduce the IT maintenance cost. Furthermore, the fluctuation in internet quality is one of the major challenge for growth of the market. During peak hours, the network many be congested due to increasing internet subscribers and unsatisfactory contact proposals, which may hinder growth of the Voice over Internet Protocol Services market.

Key features of the study:

• This report provides an in-depth analysis of the Voice over Internet Protocol Services market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017– 2025), considering 2016 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global Voice over Internet Protocol Services market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
• Key companies covered as a part of this study include 8x8, Inc., Apple Inc. (FaceTime), Avaya, AT&T Inc., Verizon Wireless, Orange, Deutsche Telekom AG, KT Corporation, Sprint Corporation, Telecom Italia, Telenor, T-Mobile, and Tata Communication
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
• The global Voice over Internet Protocol Services market report caters to various stakeholders in this industry, including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Voice over Internet Protocol Services market.

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Detail Voice over Internet Protocol Services Market Segmentation:

Global Voice over Internet Protocol Services Market, By Call Type:

International long distance VoIP calls
Domestic VoIP calls

Global Voice over Internet Protocol Services Market, By Configuration:

Computer to Computer
Computer to Phone
Phone to Phone          

Global Voice over Internet Protocol Services Market, By End Users:

Individual User
Corporate User

Global Voice over Internet Protocol Services Market, By Region:

North America

By Call Type

International long distance VoIP calls
Domestic VoIP calls

By Configuration

Computer to Computer
Computer to Phone
Phone to Phone

By End Users

Individual User
Corporate User

By Corporate services

IP Connectivity Services
Managed IP PBX Services
Hosted Business Services

By Country

U.S.
Canada

Europe

By Call Type

International long distance VoIP calls
Domestic VoIP calls

By Configuration

Computer to Computer
Computer to Phone
Phone to Phone

By End Users

Individual User
Corporate User

By Corporate services

IP Connectivity Services
Managed IP PBX Services
Hosted Business Services

By Country

Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific

By Call Type

International long distance VoIP calls
Domestic VoIP calls

By Configuration

Computer to Computer
Computer to Phone
Phone to Phone

By End Users

Individual User
Corporate User

By Corporate services

IP Connectivity Services
Managed IP PBX Services
Hosted Business Services

By Region

China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific

Latin America

By Call Type

International long distance VoIP calls
Domestic VoIP calls

By Configuration

Computer to Computer
Computer to Phone
Phone to Phone

By End Users

Individual User
Corporate User

By Corporate services

IP Connectivity Services
Managed IP PBX Services
Hosted Business Services

By Country

Brazil
Mexico
Rest of Latin America

Africa

By Call Type

International long distance VoIP calls
Domestic VoIP calls

By Configuration

Computer to Computer
Computer to Phone
Phone to Phone

By End Users

Individual User
Corporate User

By Corporate services

IP Connectivity Services
Managed IP PBX Services
Hosted Business Services

By Country

North Africa
Central Africa
South Africa

Middle East

By Call Type

International long distance VoIP calls
Domestic VoIP calls

By Configuration

Computer to Computer
Computer to Phone
Phone to Phone

By End Users

Individual User
Corporate User

By Corporate services

IP Connectivity Services
Managed IP PBX Services
Hosted Business Services

By Country

GCC
Israel
Rest of Middle East

Company Profiles

8x8, Inc.
Apple Inc. (FaceTime)
Avaya
AT&T Inc.
Verizon Wireless
Orange
Deutsche Telekom AG
KT Corporation
Sprint Corporation
Telecom Italia
Telenor
T-Mobile
Tata Communication

Section

References
Research Methodology
About Us and Sales Contact

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