Global Internet Protocol (IP) Telephony Market Growth (Status and Outlook) 2023-2029

Global Internet Protocol (IP) Telephony Market Growth (Status and Outlook) 2023-2029

IP telephony is a method and group of technologies for the delivery of voice communications and multimedia sessions over Internet Protocol (IP) networks, such as the Internet. The terms Internet telephony, broadband telephony, and broadband phone service specifically refer to the provisioning of communications services (voice, fax, SMS, voice-messaging) over the public Internet, rather than via the public switched telephone network (PSTN), also known as plain old telephone service (POTS).

LPI (LP Information)' newest research report, the “Internet Protocol (IP) Telephony Industry Forecast” looks at past sales and reviews total world Internet Protocol (IP) Telephony sales in 2022, providing a comprehensive analysis by region and market sector of projected Internet Protocol (IP) Telephony sales for 2023 through 2029. With Internet Protocol (IP) Telephony sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Internet Protocol (IP) Telephony industry.

This Insight Report provides a comprehensive analysis of the global Internet Protocol (IP) Telephony landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Internet Protocol (IP) Telephony portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Internet Protocol (IP) Telephony market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Internet Protocol (IP) Telephony and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Internet Protocol (IP) Telephony.

The global Internet Protocol (IP) Telephony market size is projected to grow from US$ 2701.1 million in 2022 to US$ 3371.1 million in 2029; it is expected to grow at a CAGR of 3.2% from 2023 to 2029.

The key players of global IP Telephony market includes Cisco, Avaya, Mitel, Polycom, Alcatel-Lucent and so on. In 2019, the top 5 companies accounted for a total market share of about 50%, among which Cisco is in the dominating position, with occupying nearly 13% of global market.

This report presents a comprehensive overview, market shares, and growth opportunities of Internet Protocol (IP) Telephony market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Softphones
Hardware Based
Services

Segmentation by application
BFSI
Retail
Healthcare
Organizations
Government
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Gigaset Communications
Cisco Systems
LG Electronics.
Polycom
Ascom Holding AG
Yealink Inc.
Avaya Inc.
Mitel Networks Corporation
Panasonic Corporation
NEC Corporation and Grandstream Networks

Please note: The report will take approximately 2 business days to prepare and deliver.