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Doubts Related to the VoIP Services Explained in the Report with Major Key Companies like Vonage Holdings , ShoreTel, 8x8 , Inphonex , Nextiva , Phone Power LLC, RingCentral , Thinking Phone Networks, West Corporation

07-16-2020 03:15 PM CET | Media & Telecommunications

Press release from: Coherent Market Insights

VoIP Services

VoIP Services

Los Angeles, United State: The research study presented here with is a powerful tool that players can use to cement a strong position in the global VoIP Services market. It digs deep into critical aspects of the global VoIP Services market, which include market dynamics, competition, cost and price, regional expansion, key business strategies, consumption, and marketing channels. Readers are provided with special analysis on consumers, distributors, the value chain, and production growth trends. The report offers in-depth and accurate insights on the regional growth, leading players, and level of competition in the global VoIP Services market. The researchers have also put high emphasis on market taxonomy by preparing a comprehensive segmental analysis.

The global VoIP Services market is estimated to account for US$ 123.7 Bn in terms of value in 2019.

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Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (Structure Of This Report)
Research methodology adopted by Coherent Market Insights

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Access to high-speed internet has increased in semi-urban as well as satellite cities, especially in emerging economies. As a result of this, small- and mid-sized businesses can reach out to all the mass media at very low investment. For instance, across nine emerging economies such as India, Vietnam, Argentina, Mexico, Malaysia, Turkey, Taiwan, Morocco, Hungary, the Internet has allowed them to gain revenue and reduce costs as stated by almost 3,000 surveyed SME based there. Hence, increasing penetration of internet is semi-urban and satellite cities are expected to boost the global VoIP services market growth in the near future.

Asia Pacific region dominated the global VoIP services market in 2018, accounting for 35.4% share in terms of volume, followed by Europe, North America, Latin America, and MEA respectively.

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Competitive Section

Key players operating in the global VoIP services market are Verizon Communications Inc., Vonage Holdings Corporation, ShoreTel, 8x8 Inc., Inphonex LLC, Nextiva Inc., Phone Power LLC, RingCentral Inc., Thinking Phone Networks, Inc., West Corporation, and Microsoft Corporation.

Key Developments

Key players in the market are involved in partnerships and collaborations, in order to gain competitive edge in the market. For instance, in April 2019, Verizon Communications Inc., a U.S.-based telecommunications company, collaborated with Microsoft Corporation to provide integrated connectivity for Microsoft Teams users.

Major market players are focused on mergers and acquisitions, in order to enhance their market presence. For instance, in August 2018, West Corporation, a U.S.-based technology company, acquired Flowroute, a software-centric service provider.

The job of an analyst is not just to identify key players of the given VoIP Services market. Analysts make rigorous efforts, spend hours on research and analysis, gather unique information from market experts, and use their own experience and industry knowledge to come up with a detailed and accurate VoIP Services research study. Company profiling is one of the most important sections of a market research report as it provides useful intelligence to players for effectively working on their business downfalls or pushing their business forward. This report not only pin-points top players of the global VoIP Services market but also shows their market progress throughout the forecast period, provides their market growth projections, and explores key aspects of their business.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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