Voip Services Market 2024-2028
The voip services market is forecasted to grow by USD 21587.4 million during 2023-2028, accelerating at a CAGR of 10.9% during the forecast period. The report on the voip services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost efficiency associated with voip services, increasing shift towards remote work and flexible working conditions, and expansion of high-speed internet globally.
Technavio's voip services market is segmented as below:
- By Type
- Domestic
- International
- By End-user
- Corporate
- Individual
- By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the integration of ai in voip services as one of the prime reasons driving the voip services market growth during the next few years. Also, growing shift towards subscription-based pricing models and increasing focus on strategic partnerships by market vendors will lead to sizable demand in the market.
The report on the voip services market covers the following areas:
- Voip Services Market sizing
- Voip Services Market forecast
- Voip Services Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voip services market vendors that include 8x8 Inc., Aircall.io Inc., AT and T Inc., Broadvoice Inc., Cisco Systems Inc., Comcast Corp., Dialpad Inc., Frontier Communications Parent Inc., GoTo Technologies USA Inc., InPhonex, Lumen Technologies Inc., Microsoft Corp., Mitel Networks Corp., Nextiva Inc., Ooma Inc., RingCentral Inc., Twilio Inc., Verizon Communications Inc., Viber Media sarl, Vonage Holdings Corp., and Zoom Video Communications Inc.. Also, the voip services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.