Press release
VoIP Services Market Expected To Observer Major Growth By 2020
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The global VoIP services market is primarily driven by industry participants concentrating on approaching VoIP solutions across corporate and individual consumer sectors. This has led to several developments, especially in network infrastructure and cloud-based models.
VoIP services market can be segmented on the basis of configuration, call type, end-user and region. On the basis of configuration, the VoIP services market is categorized into computer-to-computer, computer-to-phone and phone-to-phone. Of all, phone-to-phone VOIP service is the fastest growing segment, expected to boost rapidly over the forecast period. Based on the call type, the VoIP services market is segmented as international long distance VoIP calls and domestic VoIP calls. The segment of international long distance VoIP calls ruled the market. Based on the call type, the VoIP services market is segmented as corporate consumers, IP connectivity, managed IP PBX, hosted business and individual consumers. The largest contribution in terms of revenue came from the hosted business services delivered by VoIP service providers.
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The report aims to provide a comprehensive overview of market data and trends in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a fastest growing region for VoIP services market, due to its rising subscriber base in the global VoIP services market. The report identifies factors driving and restraining growth and future business opportunities in the global VoIP services business.
Some of the key players of global VoIP services market iNet Telecom Ltd., Nextiva, Inc., AT&T, InPhonex LLC, Avaya, Ring Central, Inc., 8×8 Inc, Microsoft Corporation (Skype), Viber Media S.r.l and Vonage Holdings Corp.
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This report segments the global VoIP services market as follows:
VoIP Services Market: Configuration Segment Analysis
Computer-to-Computer
Computer-to-Phone
Phone-to-Phone
VoIP Services Market: Call Segment Analysis
International Long Distance VoIP Calls
Domestic VoIP Calls
VoIP Services Market: End-user Segment Analysis
Corporate Consumers
IP Connectivity
Managed IP PBX
Hosted Business
Individual Consumers
VoIP Services Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa
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Scope and Regional Forecast of the VOIP Services Market:
According to the IndustryARC research analysis studies on the VOIP Services Market, Computer to Phone communication had the largest share of revenue in 2015. Phone to Phone is expected to witness the highest growth in CAGR during 2016-2021.
Europe is the dominating region for the VOIP Services Market closely followed by Asia Pacific, owing to high use of IP telephony and VOIP…
