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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