European Enterprise Voice Platforms and Services Forecast, 2024–2028

European Enterprise Voice Platforms and Services Forecast, 2024–2028


This IDC Market Forecast discusses the European fixed business voice services market for the 2023–2028 period. It examines the transition from TDM to IP voice services and from on-premises voice platforms to hosted services. IDC data products, such as the Worldwide Semiannual Telecom Services Tracker and unified communications and collaboration (UC&C) forecasts were used to develop market sizes for spending. The report also includes recommendations for providers."The transition from TDM to IP voice is inevitable, and businesses on legacy voice must adapt or risk being left without functioning communications. The best migration paths are to IP voice, especially hosted voice solutions, due to their flexibility, scalability, cost savings, and ease of integration with other technologies such as collaborative applications." — Senior Research Analyst Graham Fruin, IDC European Unified Communications & Collaboration.


IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Highlight the Dangers of Remaining on Legacy Voice

Ensure that Replacement Solutions Are Secure, Scalable, and Flexible

Emphasize the Benefits of Private Cloud UCaaS

Invest in Additional Services

Offer Combined UCaaS and CCaaS Services

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Traditional Voice Remains Core to Modern Working

Economic Uncertainties Make Traditional Voice Solutions Practical

Inhibitors

Alternate Business Communications Solutions Growing in Popularity

Pricing for IP Voice Solutions Is Dropping

Significant Market Developments

TDM Voice Is Entering the Final Phase

Flexible Working Trends Continue to Evolve with Voice as a Core Component

UCaaS Solutions Are Popular for Business Communications

Changes from Prior Forecast

Market Definition

Traditional Fixed Voice

Connection View

IP Voice

Connection View

Methodology

Related Research

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