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VOIP Market

VOIP Market By Component (Hardware, Service), By Organization Size (Smes, Large Enterprises), Connectivity (Wired, Wireless), Vertical (BFSI, IT & Telecommunication, Retail, Government) u2013 Forecast Till 2023<br>

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VOIP Market

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  1. VOIP Market Research Report- Forecast2023 P a g e|1 Copyright © 2017 Market ResearchFuture. VOIP MarketResearch Report- Forecast2023

  2. VOIP Market Research Report- Forecast 2023 VIEWREPORTS SAMPLEREPORTS Copyright © 2017 Market ResearchFuture.

  3. VOIP Market Research Report- Forecast2023 Summary The global VOIP Marketis projected to witness a rapid growth during the forecast period, owing to increasing demand for IP telephony applications. Moreover, increasing demand for voice over IP solutions across various industry verticals and rise in demand for cost effective and highly secure phone communication are other major factors driving the growth of the global VOIP Market. By geography, the global VOIP Marketis segmented into North America, Europe, Asia Pacific, and Rest of the World. The North America market is expected to witnessasignificantgrowthandholdthelargestshareoftheglobalmarketduringthe forecast period. The U.S and Canada are anticipated to drive the growth of the IP telephony market in North America region, owing to the presence of large number of established key players, such as Avaya Inc., Cisco Systems, Inc., Polycom Inc., and GrandstreamNetworks,Inc.,amongothersinthisregion.Duetosustainableandwell- established economies in the region, the market is likely to show immense growth in thecomingfuture.ThegrowthofthemarketinNorthAmericaregionisalsoattributed to increased focus of business organizations towards better management of business processes and growing dependency of enterprises on web applications. In the global VOIP Market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to increasing demand for voice over IP communications across different industry verticals such as BFSI, healthcare, retail, and IT & telecommunication, among others, across different countries in theregion. Copyright © 2017 Market ResearchFuture.

  4. VOIP Market Research Report- Forecast2023 • Major KeyPlayers: • Ascom Holding AG(Switzerland), • Avaya Inc.(U.S.), • CiscoSystems, • Inc. (U.S.), • Gigaset Communications(Germany), • LG Electronics Inc. (SouthKorea), • Mitel Networks Corporation(Canada), • Panasonic Corporation (Japan), • Polycom Inc.(U.S.), • Yealink Inc.(China), • NEC Corporation(Japan), • Grandstream Networks, • Inc. (U.S.). Copyright © 2017 Market ResearchFuture.

  5. VOIP Market Research Report- Forecast 2023 Segmentation: The global VOIP Marketis segmented on the basis of component, organization size, connectivity, and vertical. The vertical segment is classified into BFSI, healthcare, manufacturing, IT & telecommunication, retail, government and others. However, the IT & telecommunication sub segment is expected to grow at the highest rate during the forecast period. This is owing to the considerable technological shift of large enterprises towards adoption of voice over IP applications Copyright © 2017 Market ResearchFuture.

  6. VOIP Market Research Report- Forecast 2023 RegionalAnalysis: North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The market in North America is witnessing a rapid growth due to technological advancements and rise in demand for IP telephony solutions across different industry verticals in this region. The U.S. holds the majority of market share both in terms of revenueaswellasowingtotheincreaseddemandforIPtelephonysolutionsinITand telecommunicationindustryaswellasgrowingdemandforcosteffectivesolutionsfor thesame. Copyright © 2017 Market ResearchFuture.

  7. VOIP Market Research Report- Forecast2023 (Germany) are focusing on the digital utilitiestransformation. P a g e|7 Copyright © 2017 Market ResearchFuture.

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