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MarketResearch.biz, in its upcoming report titled, “Global Mobile VoIP Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global mobile VoIP market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global mobile voice over IP market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global mobile voice over IP market has been segmented on the basis of service, platform, end user, and region. The global mobile voice over IP market is projected to expand at a CAGR of X.X% from 2018 to 2027, and is expected to reach USXXX million by the end of 2027.
Mobile VoIP stands for mobile voice over internet protocol. It is also known as internet telephony, IP telephony or broadband telephony. In an era of over a billion population of smartphone users who considers mobile phones for their everyday tasks, still does not rely on smart phones alone. Coverage issues and dropped being the common concerns. Here, mobile VoIP takes advantage to offer a web-based phone service with all communication features.
Over a billion of population uses mobile phones for their everyday tasks still there are certain factors one does not rely on smart phones alone. Coverage issues and dropped calls are the common concerns. Here, mobile VoIP takes advantage to offer a web-based phone service with all communication features. It means one can avail all the services of the mobile phone from the internet without the cellular network provider. But mobile phones need to be integrated into a VoIP network via Wi-Fi or a cellular network. The service provider companies offer lower rates as compared to the traditional service providers but may not offer emergency calling services. Some Voice over IP providers offer complete cloud based user interface and calling while some provide web calling and routing through physical handsets. In majority of the cases users need to first install software application in the mobile devices to consume the service such as to make VoIP calls.
Growing number of mobile phones especially smartphones in developing countries and increasing adoption of cloud-based services across various industries are the key factors anticipated to drive the growth of the market. The growth of mobile VoIP market is driven by the need of voice communication. There is extremely high demand for low cost communication service and an increasing need of mobile services which users do not get at certain locations. The growth of the high-speed network is another factor to drive the market growth as there is high penetration of 3G and many developing countries have adopted 4G LTE wireless technology with the emergence of 5G technology. This enables Voice over IP to offer flexibility in making low cost and free calls. However, compulsion of data plan may hinder the growth of Voice over IP market. Mobile device must be connected to a data service. Also, threat to security is another factor which could restrain the market due to rise in web threats.
The adoption of voice over IP is the observed trend which can be seen throughout the globe. It offers real time communication service which has helped many organizations across industries to lower the communication costs.
The global mobile VoIP market report has been segmented on the basis of service, platform, end user, and region. The service segment is segmented into video and and voice call, video conferencing and instant messaging. Among which video and voice call is likely to dominate. The Platform segment is segmented into android OS, iOS and windows OS in which android OS is the dominating market. Whereas, the end user is segmented into home consumer and enterprise. On the basis of region, the global mobile VoIP market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The North America market dominates the global mobile VoIP market in terms of revenue. The market in Asia Pacific is projected to have fastest growth during the forecast period, owing to growing internet penetration in the region.
Global Mobile VoIP Market Segmentation:
Segmentation on the basis of service type:
- International VoIP
- Domestic VoIP
Segmentation on the basis of pricing model:
- Freemium model
- Premium model
- Enterprise model
Segmentation on the basis of end user:
- Home consumer
- Small and Medium Enterprise
- Large Enterprise
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East and 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
- Mircosoft Corporation (Skype Inc.)
- Ring Central
- Vonage Holdings Corporation
- Phone.com, Inc.
- Microsoft Corporation
- Facebook Inc.
- Vyke Communications PLC
- Kakao Corporation
- Google LLC
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