Global IP Telephony Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
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“Global IP Telephony Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global IP telephony market report has been segmented according to component, organization size, end-use, and region and countries.
Global IP Telephony Market: Overview
IP telephony stands for Internet Protocol telephony. IP technology enables enhanced mobility and connection to communicate on phones more economically. IP telephony systems can transfer data over the network to allow consumers to contact each other from anywhere using Internet connectivity. IP telephony utilizes internet protocol packet connectivity to transfer data, fax, and enable voice calling.
Global IP Telephony Market: Dynamics
Increasing adoption of IP telephony owing to various enhanced features such as high-tech technology, contact centers, voice mails, and call routing. These advantages are among some of the key factors expected to drive growth of the global IP telephony market. Compared to traditional phone systems, IP telephony systems are more portable and enable easier transfer of data over the network with the help of application and hardware support. In addition, easy handling, lower cost and enhanced technology, and better productivity have resulted into high adoption of IP telephony in businesses for communication purposes.
Moreover, merging of several systems into one, easy to install feature, lower maintenance costs and consumer ability to merge video, data, multimedia technologies, and voice into a single system are among other factors expected to fuel growth of the global IP telephony market. Growing e-commerce sector and increasing dependability of companies on IP telephony has resulted in rising demand for IP telephony.
However, unavailability of or low penetration of the Internet in some under-developed countries is a major factor expected to hamper growth of the global IP telephony market. In addition, lack of awareness about IP telephony is another factor estimated to hamper market growth to a certain extent.
Global IP Telephony Market: Segment Analysis
Among the component segments, the softphone segment is projected to account for highest revenue share in the global IP telephony market. Increasing usage and adoption of softphones is expected to drive growth of the softphone segment. Furthermore, among the organization size segments, the large organization segment is expected to account for highest revenue share in the global IP telephony market. This is due to significant shift in enterprises towards adoption of VoIP systems, which can reduce operation costs.
Global IP Telephony Market: Region Analysis
North America market is anticipated to account for highest revenue share in the global IP telephony market. Presence of well-established players in countries in the region to offer innovative and enhanced telecommunication services is a major factor expected to drive growth of the market in North America.
Global IP Telephony Segmentation:
Segmentation by Component:
- Hardware Based
- IP Desktop Phones
- Audio Conference Phones
- DECT Phones
Segmentation by Organization Size:
Segmentation by End-use:
Segmentation by Region:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Ascom Holding AG
- Avaya Inc.
- Cisco Systems, Inc.
- Gigaset AG
- LG Electronics Inc.
- Mitel Networks Corporation
- Panasonic Corporation
- Polycom, Inc.
- Yealink Network Tech. Corporation Ltd.
- NEC Corporation
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