Voice over Internet Protocol (VoIP) Market Outlook To 2024: Key Access Type Categories (Phone-To-Phone, Computer-To-Computer, Computer-To-Phone), Medium (Mobile, Fixed), User Type, Industry Vertical, Regional Segmentation, Competitive Dynamics, M&A Insights, Pricing Analysis (OPP, IPP, RAP) And Segment Forecast

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The global Voice over Internet Protocol (VoIP) market was valued at $43.3 bn in 2016 and is forecast to grow at a robust CAGR of 10.2% between 2017 and 2024, culminating to global revenue of $93.9 bn by 2024.

 

Industry at a Glance

 

The global VoIP market is on rising on account of benefits including low-cost communication, inexpensive data rates and the presence of a strong network infrastructure. Snowballing adoption particularly by Small & Home Offices (SOHO) is another major factor driving market growth significantly over the next few years. Additionally, the industry is witnessing an upcoming trend of moving to a completely Unified Communications (UC) environment and VoIP is considered as the first step towards this evolution.

 

VoIP has also emerged as a service particularly for small and midsized businesses that are actively seen moving towards public cloud owing to lack of finances or capital investment. In addition, with the flourishing bring-your-own-device (BYOD) trend, mobile VoIP is gaining traction. VoIP provides convenience primarily to employees who work from home or are regularly traveling.

 

The industry is also witnessing the use of dedicated VoIP networks, real-time antivirus software, and enhanced data encryption as means to improve security thereby eliminating the risk of Denial of Service (DoS) attacks or data breach.

 

Voice over Internet Protocol (VoIP) Market 2024

 

Pricing Analysis

 

“Optimal Price Point (OPP) for VoIP”

 

Estimated average VoIP cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

The market success is encouraged by the US Federal Communication Commission decision of not controlling or limiting the voice circulation over the Net, and low cost of these services. With little barriers to entry, the rivalry is rapidly growing instigating companies to offer improve quality, differentiated services, and reduce prices.

 

Access Type Overview

 

By access type, the market has been segmented into phone-to-phone, computer-to-computer, and computer-to-phone. Phone-to-phone access type segment dominated the market in terms of revenue share and is anticipated to witness robust growth over the next few years owing to increase mobile device penetration worldwide.

 

Medium Outlook

 

By medium, the market is classified into mobile and fixed. Mobile VoIP accounted for more than 50% of the overall revenue share in 2016. The segment is also anticipated to flourish over the next few year on account of the rapid increase in smartphone and other mobile device penetration worldwide. Widespread usage of social media applications in another factor driving segment growth.

 

User Type Scenario

 

Based on user type, the market is categorized into domestic and corporate. Corporate segment held more than 60% of the overall revenue share in 2016 and is expected to witness substantial growth over the forecast period. This is attributed to the introduction of BYOD policy across the corporate sector allowing users or employees to push the use of VoIP to act as a single point of contact regardless of who’s calling or where they’re calling from.

 

Industry Vertical Trends

 

By Industry Vertical, the market is segmented into BFSI, healthcare, education, government, retail, and media & entertainment. BFSI and government collectively account for more than 35% of the overall market share in 2016 closely followed by healthcare and retail. VoIP offers faster, easier, and less expensive communication medium thereby stimulating companies to call clients more frequently.

 

Regional Outlook

 

Based on region, the market is classified into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America captured more than 35% of the overall revenue share in 2016 and is expected to witness substantial growth over the forecast period. This is attributed to the large presence of early technology adopters in the region. Asia Pacific emerged as the fastest growing regional market owing to the snowballing use of high speed communications (such as 4G) and modernization of network infrastructure.

 

Growth Drivers & Restraints

 

Prominent growth drivers residing in the global VoIP market include mounting usage of new services over various network, growing internet penetration, and technological advancements. Additionally, manufacturers are actively striving to shift from traditional telephony using GSM or CDMA technology towards VoIP services expanding cellular networks such as 3G and 4G.

 

Low public acceptance of VoIP services primarily in the residential consumer segment is a major factor restraining market growth over the forecast period. Further, limited customer choices paired with low service quality are among other challenges hindering market growth.

 

Merger & Acquisition Insights

 

Mergers & acquisitions are seen as primary growth strategies followed by leading industry participants in an attempt to enter emerging markets, enhance global presence and penetrate deeper into the already established markets. For example, in November 2015, Jive Communications acquired Easy Office Phone and Intercity Telecom acquired Imerja.

 

Top Players & Company Share

 

Leading industry players include AT&T, Deutsche Telekom, Korea Telecom, Orange, Sprint Nextel, Telecom Italia, Telenor, Verizon, and T-Mobile. Major companies emphasize on investing substantial amount on R&D activities to develop technologically advanced solutions to outperform their competitors in such as highly competitive environment.

 

Market Segmentation

 

Voice over Internet Protocol Market, by Access Type (Revenue, USD Billion)

  • Phone-To-Phone
  • Computer-To-Computer
  • Computer-To-Phone

Voice over Internet Protocol Market, by Medium (Revenue, USD Billion)

  • Mobile
  • Fixed

Voice over Internet Protocol Market, by User Type (Revenue, USD Billion)

  • Domestic
  • Corporate
    • Small Medium Enterprises (SMEs)
    • Large Enterprises

Voice over Internet Protocol Market, by Industry Vertical (Revenue, USD Billion)

  • BFSI
  • Retail
  • Healthcare
  • Education
  • Government
  • Media & Entertainment
  • Others

Voice over Internet Protocol Market, by Region (Revenue, USD Billion)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
    • Colombia
  • Middle East & Africa
    • Saudi Arabia
    • UAE

Chapter 1 Methodology and Scope

  • Research Methodology
  • Research Scope & Assumptions
  • List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Voice over Internet Protocol (VoIP) Overview

  • Market Ecosystem
  • Key Stakeholders
  • Industry Trends & Analysis

Chapter 4 VoIP Industry Outlook

  • Market Overview
  • Market Segmentation
  • Market Size & Growth Prospects
  • Leading Brand Dynamics
  • Key Market Drivers
    • Mounting usage of new services over various network
    • Growing internet penetration
    • Technological advancements
  • Key Market Challenges/ Restraints
  • Low service quality
  • Limited customer choices
  • Major Trends &Issues
  • Penetration & Growth Prospects
  • Industry Analysis - Porter’s
  • VoIP Market-PESTEL Analysis
  • Company Market Share/Heat Map Analysis

Chapter 5 VoIP Market by “Access Type” (USD Billion)

VoIP Market Landscape by Access Type – 2016 & 2024
  1. Phone-To-Phone
    • Market Landscape Analysis, 2014-2024
  2. Computer-To-Computer
    • Market Landscape Analysis, 2014-2024
  3. Computer-To-Phone
    • Market Landscape Analysis, 2014-2024

Chapter 6 VoIP Market by “Medium” (USD Billion)

VoIP Market Landscape by Medium – 2016 & 2024
  1. Mobile
    • Market Landscape Analysis, 2014-2024
  2. Fixed
    • Market Landscape Analysis, 2014-2024

Chapter 7 VoIP Market by “User Type” (USD Billion)

VoIP Market Landscape by User Type – 2016 & 2024
  1. Domestic
    • Market Landscape Analysis, 2014-2024
  2. Corporate
    • Market Landscape Analysis, 2014-2024
  3. Small Medium Organizations (SMEs)
    • Market Landscape Analysis, 2014-2024
  4. Large Enterprises
    • Market Landscape Analysis, 2014-2024

Chapter 8 VoIP Market by “Industry Vertical” (USD Billion)

VoIP Market Landscape by Industry Vertical – 2016 & 2024
  1. BFSI
    • Market Landscape Analysis, 2014-2024
  2. Retail
    • Market Landscape Analysis, 2014-2024
  3. Healthcare
    • Market Landscape Analysis, 2014-2024
  4. Education
    • Market Landscape Analysis, 2014-2024
  5. Government
    • Market Landscape Analysis, 2014-2024
  6. Media & Entertainment
    • Market Landscape Analysis, 2014-2024
  7. Others
    • Market Landscape Analysis, 2014-2024

Chapter 9 Technology Trends

  • Technology Overview
  • Key R&D Trends
  • Market Impact

Chapter 10 Merger and Acquisition Outlook

  • Factors driving M&A in VoIP market
  • Historic trends and future outlook
  • Average deal size by region

Chapter 11 VoIP Market Outlook by Region (USD Billion)

VoIP Market Landscape by Region – 2016 & 2024
  • North America Market Landscape Analysis, 2014-2024 (USD Bn)
    • U.S. Market Landscape Analysis, 2014-2024
    • Canada Market Landscape Analysis-2014-2024
  • Europe Market Landscape Analysis, 2014-2024 (USD Bn)
    • UK Market Landscape Analysis, 2014-2024
    • Germany Market Landscape Analysis, 2014-2024
    • France Market Landscape Analysis, 2014-2024
    • Italy Market Landscape Analysis, 2014-2024
    • Spain Market Landscape Analysis, 2014-2024
  • Latin America Market Landscape Analysis, 2014-2024 (USD Bn)
    • Brazil Market Landscape Analysis, 2014-2024
    • Mexico Market Landscape Analysis, 2014-2024
    • Colombia Market Landscape Analysis, 2014-2024
  • Asia Pacific Market Landscape Analysis, 2014-2024 (USD Bn)
    • Japan Market Landscape Analysis, 2014-2024
    • China Market Landscape Analysis, 2014-2024
    • India Market Landscape Analysis, 2014-2024
  • Middle East & Africa Market Landscape Analysis, 2014-2024 (USD Bn)
    • Saudi Arabia Market Landscape Analysis, 2014-2024
    • UAE Market Landscape Analysis, 2014-2024

Chapter 12 Pricing Analysis

Optimal Price Points (OPP), Indifference Price Points (IPP) and Range of Acceptable Prices (RAP) of leading brands and revenue estimation by Region- 2016
  • North America Pricing Analysis (OPP, IPP and RAP- 2016)
    • U.S. Pricing Analysis-2016
    • Canada Pricing Analysis-2016
  • Europe Pricing Analysis (OPP, IPP and RAP - 2016)
    • UK Pricing Analysis-2016
    • Germany Pricing Analysis-2016
    • France Pricing Analysis-2016
    • Italy Pricing Analysis-2016
    • Spain Pricing Analysis-2016
  • Latin America Pricing Analysis (OPP, IPP and RAP- 2016)
    • Brazil Pricing Analysis-2016
    • Mexico Pricing Analysis-2016
    • Colombia Pricing Analysis-2016
  • Asia Pacific Pricing Analysis (OPP, IPP and RAP- 2016)
    • Japan Pricing Analysis-2016
    • China Pricing Analysis-2016
    • India Pricing Analysis-2016
  • Middle East & Africa Pricing Analysis (OPP, IPP and RAP- 2016)
    • Saudi Arabia Pricing Analysis-2016
    • UAE Pricing Analysis-2016

Chapter 13 Competitive Landscape

  • AT&T
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Deutsche Telekom
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Korea Telecom
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Orange
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Sprint Nextel
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Telecom Italia
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Telenor
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • T-Mobile
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Verizon
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Vonage Citrix
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  List of Tables
  • TABLE 1 VoIP Market - Industry Snapshot & Key Buying Criteria, 2014 - 2024
  • TABLE 2 Global VoIP Market, 2014 – 2024 (USD Billion)
  • TABLE 3Global VoIP Market by Access Type, 2014 – 2024 (USD Billion)
  • TABLE 4Global VoIP Market by Medium, 2014 – 2024 (USD Billion)
  • TABLE 5Global VoIP Market by User Type, 2014 – 2024 (USD Billion)
  • TABLE 6Global VoIP Market by Industry Vertical, 2014 – 2024 (USD Billion)
  • TABLE 7Global VoIP Market by Region, 2014 – 2024 (USD Billion)
  • TABLE 8VoIP Market - Key Market Driver Analysis
  • TABLE 9VoIP Market - Key Market Restraint/ Challenge Analysis
  • TABLE 10VoIP Market – Key Opportunity Analysis
  • TABLE 11North America VoIP Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 12 U.S. VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 13 Canada VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 14Europe VoIP Market Landscape Analysis, 2014-2024(USD Billion)
  • TABLE 15 U.K VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 16 Germany VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 17 France VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 18 Italy VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 19 Spain VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 20Latin America VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 21 Brazil VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 22 Mexico VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 23 Colombia VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 24Asia Pacific VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 25Japan VoIP Market Landscape Analysis, 2014-2024(USD Billion)
  • TABLE 26 China VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 27 India VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 28 Middle East & Africa VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 29 Saudi Arabia VoIP Market Landscape Analysis, 2014-2024(USD Billion)
  • TABLE 30 UAE VoIP Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 31 North America Pricing Analysis
  • TABLE 32 North America Pricing Analysis (OPP, IPP and RAP- 2016)
  • TABLE 33 U.S. Pricing Analysis-2016
  • TABLE 34 Canada Pricing Analysis-2016
  • TABLE 35 Europe Pricing Analysis (OPP, IPP and RAP- 2016)
  • TABLE 36 U.K Pricing Analysis-2016
  • TABLE 37 Germany Pricing Analysis-2016
  • TABLE 38 France Pricing Analysis-2016
  • TABLE 39 Italy Pricing Analysis-2016
  • TABLE 40 Spain Pricing Analysis-2016
  • TABLE 41 Latin America Pricing Analysis (OPP, IPP and RAP- 2016)
  • TABLE 42 Brazil Pricing Analysis-2016
  • TABLE 43 Mexico Pricing Analysis-2016
  • TABLE 44 Colombia Pricing Analysis-2016
  • TABLE 45 Asia Pacific Pricing Analysis (OPP, IPP and RAP- 2016)
  • TABLE 46 Japan Pricing Analysis-2016
  • TABLE 47 China Pricing Analysis-2016
  • TABLE 48 India Pricing Analysis-2016
  • TABLE 49 Middle East & Africa Pricing Analysis (OPP, IPP and RAP- 2016)
  • TABLE 50 Saudi Arabia Pricing Analysis-2016
  • TABLE 51UAE Pricing Analysis-2016
List of Figures-
  • FIG. 1 VoIP Market Segmentation
  • FIG. 2 Market Size & Growth Prospects
  • FIG. 3 Leading Brand Dynamics
  • FIG. 4 Penetration & Growth Prospects
  • FIG. 5 Industry Analysis – Porter’s
  • FIG. 6 VoIP Market – PESTEL Analysis
  • FIG. 7 VoIP Market Share by Access Type, 2016 & 2024
  • FIG. 8 VoIP Market Share by Medium, 2016 & 2024
  • FIG. 9 VoIP Market Share by User Type, 2016 & 2024
  • FIG. 10 VoIP Market Share by Industry Vertical, 2016 & 2024
  • FIG. 11 VoIP Market Share by Region, 2016 & 2024

Key Insights Addressed:  

  • Defining market size from 2014 to 2016.
  • Estimating market growth till 2024 and consequence market forecast.
  • Identifying market drivers, restraints & future opportunities and allowing decision-maker with a range of possible outcomes and the probabilities that will occur for any choice of action.
  • Market segments and regions that will drive or lead market growth.
  • Defining Optimal Price Point (OPP) which will be accepted and recommended by maximum customers.
  • A bird’s-eye view of the competitive landscape and the key market players.
  • Key strategic growth driver adopted by market players. In-depth analysis of their strategies and implication on competition & growth.
    Key Findings:    
  • The global Voice over Internet Protocol (VoIP) market was valued at $43.3 bn in 2016 and is forecast to grow at a robust CAGR of 10.2% between 2017 and 2024, culminating to global revenue of $93.9 bn by 2024.
  • Home Offices (SOHO) is another major factor driving market growth significantly over the next few years.
  • The market success is encouraged by the US Federal Communication Commission decision of not controlling or limiting the voice circulation over the Net, and low cost of these services.
  • Low public acceptance of VoIP services primarily in the residential consumer segment is a major factor restraining market growth over the forecast period. Further, limited customer choices paired with low service quality are among other challenges hindering market growth.
  • Increasing number of business professionals who regularly travel for work related visits demand Wi-Fi to work during travel, which is estimated to catapult transportation Wi-Fi growth substantially over the coming years.
  • Leading industry players include AT&T, Deutsche Telekom, Korea Telecom, Orange, Sprint Nextel, Telecom Italia, Telenor, Verizon, and T-Mobile.

Ameri Research implies a unique methodology of published information and primary research to bring key insights to customer decision making process. Our analytics model helps us to understand the structured and unstructured information from various sources. Key steps involves in the process are as below-

    1. Analyzing Published Information- Access to large pool of paid and unpaid published information via different sources and analyzing market trend.
    2. Setting Foundation- Input from analysis of secondary sources set our foundation to market analysis and helps in setting the scope for further research. Setting the scope involves Ameri Research proprietary statistical model, discussion with industry leaders, internal brainstorming, key discussion pointers from various forums etc.
    3. Need Gap Analysis- Defining the gap between our scope and availability of information.
    4. KOL Panel Discussion- Focused Group Discussion with a structured discussion guide to fine tune the gap and deriving the factors driving/restraining the market trend.
    5. Quantitative Research- Sampling large number of industry players, Education/Research Institutes, Government bodies, NGOs, Individual acclaimed researchers and conducting the primary interview with a structured questionnaire.
    6. Data Triangulation- We apply bottom-up demand approach or top-down estimation or a combined approach to triangulate the data points.
    7. Analyst Comment- Each of our analysts carries large pool of experience from domain perspective and add their value which is directional in nature
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Description

The global Voice over Internet Protocol (VoIP) market was valued at $43.3 bn in 2016 and is forecast to grow at a robust CAGR of 10.2% between 2017 and 2024, culminating to global revenue of $93.9 bn by 2024.

 

Industry at a Glance

 

The global VoIP market is on rising on account of benefits including low-cost communication, inexpensive data rates and the presence of a strong network infrastructure. Snowballing adoption particularly by Small & Home Offices (SOHO) is another major factor driving market growth significantly over the next few years. Additionally, the industry is witnessing an upcoming trend of moving to a completely Unified Communications (UC) environment and VoIP is considered as the first step towards this evolution.

 

VoIP has also emerged as a service particularly for small and midsized businesses that are actively seen moving towards public cloud owing to lack of finances or capital investment. In addition, with the flourishing bring-your-own-device (BYOD) trend, mobile VoIP is gaining traction. VoIP provides convenience primarily to employees who work from home or are regularly traveling.

 

The industry is also witnessing the use of dedicated VoIP networks, real-time antivirus software, and enhanced data encryption as means to improve security thereby eliminating the risk of Denial of Service (DoS) attacks or data breach.

 

Voice over Internet Protocol (VoIP) Market 2024

 

Pricing Analysis

 

“Optimal Price Point (OPP) for VoIP”

 

Estimated average VoIP cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

The market success is encouraged by the US Federal Communication Commission decision of not controlling or limiting the voice circulation over the Net, and low cost of these services. With little barriers to entry, the rivalry is rapidly growing instigating companies to offer improve quality, differentiated services, and reduce prices.

 

Access Type Overview

 

By access type, the market has been segmented into phone-to-phone, computer-to-computer, and computer-to-phone. Phone-to-phone access type segment dominated the market in terms of revenue share and is anticipated to witness robust growth over the next few years owing to increase mobile device penetration worldwide.

 

Medium Outlook

 

By medium, the market is classified into mobile and fixed. Mobile VoIP accounted for more than 50% of the overall revenue share in 2016. The segment is also anticipated to flourish over the next few year on account of the rapid increase in smartphone and other mobile device penetration worldwide. Widespread usage of social media applications in another factor driving segment growth.

 

User Type Scenario

 

Based on user type, the market is categorized into domestic and corporate. Corporate segment held more than 60% of the overall revenue share in 2016 and is expected to witness substantial growth over the forecast period. This is attributed to the introduction of BYOD policy across the corporate sector allowing users or employees to push the use of VoIP to act as a single point of contact regardless of who’s calling or where they’re calling from.

 

Industry Vertical Trends

 

By Industry Vertical, the market is segmented into BFSI, healthcare, education, government, retail, and media & entertainment. BFSI and government collectively account for more than 35% of the overall market share in 2016 closely followed by healthcare and retail. VoIP offers faster, easier, and less expensive communication medium thereby stimulating companies to call clients more frequently.

 

Regional Outlook

 

Based on region, the market is classified into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America captured more than 35% of the overall revenue share in 2016 and is expected to witness substantial growth over the forecast period. This is attributed to the large presence of early technology adopters in the region. Asia Pacific emerged as the fastest growing regional market owing to the snowballing use of high speed communications (such as 4G) and modernization of network infrastructure.

 

Growth Drivers & Restraints

 

Prominent growth drivers residing in the global VoIP market include mounting usage of new services over various network, growing internet penetration, and technological advancements. Additionally, manufacturers are actively striving to shift from traditional telephony using GSM or CDMA technology towards VoIP services expanding cellular networks such as 3G and 4G.

 

Low public acceptance of VoIP services primarily in the residential consumer segment is a major factor restraining market growth over the forecast period. Further, limited customer choices paired with low service quality are among other challenges hindering market growth.

 

Merger & Acquisition Insights

 

Mergers & acquisitions are seen as primary growth strategies followed by leading industry participants in an attempt to enter emerging markets, enhance global presence and penetrate deeper into the already established markets. For example, in November 2015, Jive Communications acquired Easy Office Phone and Intercity Telecom acquired Imerja.

 

Top Players & Company Share

 

Leading industry players include AT&T, Deutsche Telekom, Korea Telecom, Orange, Sprint Nextel, Telecom Italia, Telenor, Verizon, and T-Mobile. Major companies emphasize on investing substantial amount on R&D activities to develop technologically advanced solutions to outperform their competitors in such as highly competitive environment.

 

Market Segmentation

 

Voice over Internet Protocol Market, by Access Type (Revenue, USD Billion)

  • Phone-To-Phone
  • Computer-To-Computer
  • Computer-To-Phone

Voice over Internet Protocol Market, by Medium (Revenue, USD Billion)

  • Mobile
  • Fixed

Voice over Internet Protocol Market, by User Type (Revenue, USD Billion)

  • Domestic
  • Corporate
    • Small Medium Enterprises (SMEs)
    • Large Enterprises

Voice over Internet Protocol Market, by Industry Vertical (Revenue, USD Billion)

  • BFSI
  • Retail
  • Healthcare
  • Education
  • Government
  • Media & Entertainment
  • Others

Voice over Internet Protocol Market, by Region (Revenue, USD Billion)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
    • Colombia
  • Middle East & Africa
    • Saudi Arabia
    • UAE

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