Global Virtual VoIP Apps Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Virtual VoIP Apps Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Virtual VoIP Apps market size was valued at USD 17730 million in 2022 and is forecast to a readjusted size of USD 35740 million by 2029 with a CAGR of 10.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The key players of Virtual VoIP Apps include Zoom, Rakuten Viber, Cisco, Microsoft, Mitel, RingCentral, Avaya, Twilio, Meta, 8x8, etc. The top five players have a combined market share of about 36%.

North America is the world's largest market with about 38%, followed by Europe with about 28%. The market share in the Asia-Pacific region will increase in the future.

It is mainly divided into Android OS, iOS, Window OS and other subcategories, among which Android OS has the highest market share of about 40%.

Its end customers include SMEs and large enterprises. The percentage of SMEs is even higher, at about 58%.

A virtual phone system is a communication platform that allows you to make and receive calls through the internet and the cloud rather than through a physical landline. A virtual phone system lets users make and receive calls on a desktop app, mobile phone, or desk phone, all from a single business phone number.

Voice over internet protocol (VoIP) is a type of phone system that uses an internet connection to make and receive calls, rather than traditional landlines.

VoIP converts your phone calls into data that is sent over the internet. You can use the Ethernet cables or skip them if you have a strong Wi-Fi signal. It does so at a much lower cost than older telephone systems. Voice over IP has many advantages over traditional phone service.

Cloud telephony is a type of unified communications as a service (UCaaS), essentially enabling organisations to run a business phone system through their internet connection.

Also commonly known as cloud calling, cloud telephony offers business voice services, run and managed by a third-party operator or host. A cloud phone system, often in the form of a VoIP- based hosted PBX system (voice over internet protocol), carries voice calls as well as messaging, video calls and file sharing all under one unified platform via your business internet connectivity.

On a practical level, cloud telephony works in the same way as any other VoIP service, by converting analogue voice signals into data packets and transmitting them over an internet connection. In the case of cloud telephony, when a user dials a phone number using a VoIP desk phone or softphone, the call is routed by a third-party VoIP service provider.

This report is a detailed and comprehensive analysis for global Virtual VoIP Apps market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by End User. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Virtual VoIP Apps market size and forecasts, in consumption value ($ Million), 2018-2029

Global Virtual VoIP Apps market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global Virtual VoIP Apps market size and forecasts, by Type and by End User, in consumption value ($ Million), 2018-2029

Global Virtual VoIP Apps market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Virtual VoIP Apps

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Virtual VoIP Apps market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zoom, Rakuten Viber, Cisco, Microsoft and Mitel, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Virtual VoIP Apps market is split by Type and by End User. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by End User. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Android OS
iOS
Window OS
Others

Market segment by End User
SMEs
Large Enterprises
Others

Market segment by players, this report covers
Zoom
Rakuten Viber
Cisco
Microsoft
Mitel
RingCentral
Avaya
Twilio
Meta
8x8
Verizon
Enreach
GoTo
Vonage
Ooma
TextNow
Aircall
AVOXI
Dialpad
Sangoma Technologies
Dstny
NFON
Nextiva
Grasshopper
3CX
Google
Ziff Davis
OpenPhone
CounterPath (Alianza)

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Virtual VoIP Apps product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Virtual VoIP Apps, with revenue, gross margin and global market share of Virtual VoIP Apps from 2018 to 2023.

Chapter 3, the Virtual VoIP Apps competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Virtual VoIP Apps market forecast, by regions, type and end user, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Virtual VoIP Apps.

Chapter 13, to describe Virtual VoIP Apps research findings and conclusion.