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IP Telephony Market Analysis, Size, Current Scenario and Future Prospects

08-07-2023 03:48 PM CET | Media & Telecommunications

Press release from: Orion Market Research

IP Telephony Market Analysis, Size, Current Scenario and Future

IP Telephony market is expected to grow at a significant CAGR during the forecast period. Internet Protocol Telephony (IP telephony) is the abbreviation for Internet Protocol Telephony. IP telephony is a method and set of technologies for delivering voice and multimedia communications via Internet Protocol (IP) networks, such as the internet. Broadband phone service, internet telephony, and broadband telephony all refer to the provisioning of communications services (voice, fax, SMS, and voice-messaging) through the public internet, as opposed to the public switched telephone network (PSTN), sometimes known as plain old phone service (POTS).

IP telephony is becoming more popular as a result of new features such as high-tech technology, contact centres, voice mail, and call routing. These benefits are among the key aspects projected to propel the global IP telephony industry forward. IP telephony systems are more portable than traditional phone systems and offer easier data transfer over the network with the help of application and hardware support. Furthermore, organisations have adopted IP telephony for communication reasons due to its ease of use, lower cost, improved technology and increased productivity.

In the following years, the increasing IP telephony industry is predicted to provide numerous prospects for corporations and industrialists to expand their businesses or organisations. Furthermore, components of other technologies such as DHCP, SIP, TCP/IP, DNS, and others are projected to be in high demand in the future. The demand for desktop IP from the General Data Protection Regulation (GDPR) can, however, be a challenge for the global market. The cost-effectiveness of IP telephony is a primary element propelling the global IP telephony market forward. Furthermore, due to increased rivalry among internet service providers and telecommunication service providers in the industrial sector, the global IP phones market is growing.

To Request a Sample of our Report on IP Telephony Market: https://www.omrglobal.com/request-sample/ip-telephony-market

Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

· Segment Covered

· Regions Covered- Globally

· Competitive Landscape: Ascom Holding AG, Avaya Inc., Cisco Systems, Inc., Gigaset AG, LG Electronics Inc. among others.

A full Report of IP Telephony Market is Available at: https://www.omrglobal.com/industry-reports/ip-telephony-market

IP Telephony Market by Segment

By Component Type

• Hardware Based

• IP Desktop Phones

• Audio Conference Phones

• DECT Phones

• Softphones

By Industry Vertical

• BFSI

• Retail

• Government

• Healthcare

• Others

Global IP Telephony Market by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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