Voice Over Internet Protocol (VoIP) Market, By Type (Integrated Access/SIP Trunking, Managed IP PBX, Hosted IP PBX), By Access Type (Phone-To-Phone, Computer-To-Computer, Computer-To-Phone), By Call Type (International Calls, Domestic Calls, Interactive Assessments), By Medium (Fixed, Mobile), By End-Use (Consumer, SMBs, Large Enterprises), By Application (IT & Telecom, BFSI, Healthcare, Government & Public Sector, Retail, Education, Hospitality), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) — Market Size and Forecast 2032

The Voice Over Internet Protocol (VoIP) Market report includes a global opportunity analysis and industry forecasts for the period 2023-2032. The global market was valued at USD 20.65 Billion in 2022, registering a CAGR of 11.43% from 2023 to 2032. The base year considered for the study is 2021, and the forecast has been provided for the period 2023 to 2032.

Methodology

The market report analysis is based on both primary and secondary data sources. Primary sources include interviews conducted with various industry analysts, suppliers and distributors, whereas secondary sources include data collected from government websites and annual report of companies and other relevant documents.

All the information provided in the study is corroborated by the global market leaders. The report underscores the use of top-down approach to evaluate figures for each market segment, which are then validated by leveraging the bottom-up approach.

Market Segmentation:

By Type:

  • Integrated Access/SIP Trunking
  • Managed IP PBX
  • Hosted IP PBX

By Access Type:

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

By Call Type:

  • International Calls
  • Domestic Calls
  • Interactive Assessments

By Medium:

  • Fixed
  • Mobile

By Application:

  • IT & Telecom
  • BFSI
  • Healthcare
  • Government & Public Sector
  • Retail
  • Education
  • Hospitality

By End-Use:

  • Consumer
  • SMBs
  • Large Enterprises

Growth Mapping    

Both qualitative and quantitative tools have been employed for growth mapping of the market. These tools are as follows - SWOT analysis to determine strength, weakness, opportunities and threat, PESTEL analysis to figure out the major macro-environmental factors catering to organizational growth, and PORTER’S five forces analysis to evaluate the various aspects of the industry.

Regional Analysis

To gain a clearer picture of the market, the report outlines sector-wise growth in regions of North America, Europe, Asia Pacific, Middle East and Africa, and South America. These regions have been analyzed with respect to the market to determine their attractiveness for the industry players with inputs of market size, risk, and growth potential.

Regional Coverage:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe 
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific 
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America

Competitive Landscape

8x8, Inc.; ALE International, ALE USA Inc.; Avaya Inc.; Cisco Systems, Inc.; Citrix Systems, Inc.; Deutsche Telekom AG; Google; Huawei Technologies Co., Ltd.; Jive Communications; Nextiva; Mitel Networks Corp.; Telecom Italia; Orange Business Services; Ribbon Communications Operating Company, Inc.; RingCentral, Inc.; Telenor Group; Verizon; ZTE Corporation; 3CX; Yellowbus Solutions Ltd., Votacall, Inc. AT&T, Orange S.A., Telecom Italia, KT (Korea Telecom) Corporation, T-Mobile US, Inc., Vonage Citrix, Microsoft Corporation

Years Covered in the Study:

Historic Year: 2019-2020

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2032

Objectives of this report:

  • To estimate market size on regional and global basis.
  • To identify major segments in the market and evaluate their market shares and demand.
  • To provide a competitive scenario for the market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of the market with their potential gravity during the forecast period.

Reasons to Buy This Report:

  • Provides niche insights for decision about every possible segment helping in strategic decision making process.
  • Market size estimation of the market on a regional and global basis.
  • A unique research design for market size estimation and forecast.
  • Identification of major companies operating in the market with related developments
  • Exhaustive scope to cover all the possible segments helping every stakeholder

Customization:

This study is customized to meet your specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country
  • Product Specific Competitive Analysis

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