Global Voice over Internet Protocol (VoIP) Market Insights, Forecast to 2028

The research report provides a complete analysis of key aspects of Global Voice over Internet Protocol (VoIP) Market including competition, segmentation, geographic progress, manufacturing cost analysis, and price structure.

Published: 2021-10-25
Report ID: 263691
Pages: 160
Global Voice over Internet Protocol (VoIP) Market Insights, Forecast to 2028


The Voice over Internet Protocol (VoIP) market value was anticipated to register incremental growth worth USD 30.10 Billion in 2021 and is projected to reach USD 95.75 Billion in 2028, decelerating at a CAGR of over 15.10% during the forecast period 2021 to 2028.


Global Voice over Internet Protocol (VoIP) Market report describes the content of market share, leading segments, and regional analysis. The Global Voice over Internet Protocol (VoIP) Market report provides a holistic evaluation of the market for the forecast period (2021–2028). The report covers the crucial aspects such as driving factors & challenges which will define the future growth of the market. The report Voice over Internet Protocol (VoIP)  offers a complete market outlook and development rate during the past, present, and the forecast period, with concise study, Voice over Internet Protocol (VoIP) market effectively defines the market value, volume, price trend, and development opportunities. The Global Voice over Internet Protocol (VoIP) Market study gives a point of view toward the development of market in terms of revenue throughout the forecast period. It also includes market size and forecast by segment in terms of production capacity, price and revenue for the period 2018-2028.

    Voice over Internet Protocol (VoIP) Market Size, 2017-2028 (USD Billion)

The Global Voice over Internet Protocol (VoIP) Market research study along with the inputs from top industry players will drive accurate market statistics. The fundamental overview of Voice over Internet Protocol (VoIP) market, revenue statistics, market definition, product scope, industry chain structure and market share are analyzed in this report. Furthermore, it drops light on the series of instantly changing Voice over Internet Protocol (VoIP) market scenarios as well as an upcoming assessment of numerous factors that completely impacting the global market report. The research on the world Voice over Internet Protocol (VoIP) market illustrates the whole international market alongside a detailed analysis of the revenue growth and profitability. The numerical data is supported by statistical tools such as SWOT analysis, and PESTLE analysis. The statistics are depicted in a graphical format for a clear picture of facts and figures. The generated report is strongly based on primary research, interviews with top executives, news sources, and information insiders. Secondary research techniques are utilized for better understanding and clarity for data analysis. The study covers critical market trends along with an extensive analysis of emerging trends. The report covers a detailed examination of the market scenarios and trends on a regional and global level. The study covers the current competitive scenario with a special emphasis on the strategic initiatives taken by the prominent players of the industry.

Competitive Industry Landscape
The key players are  Alcatel Lucent, AT&T, Cisco, Citrix, Deutsche Telekom, Ribbon Communication, Google, Huawei, Microsoft, Orange, Telenor, ZTE, Nextiva, RingCentral, Verizon, Vonage, 8x8, Avaya, Mitel, and Jive Communication, and among others. Industry players in the are focusing on continuous innovations and new product launches to gain a competitive edge in the market.

Voice over Internet Protocol (VoIP) Market Scope Country Level Analysis
The report covers all the trends and technologies that play a serious role within the growth of the Voice over Internet Protocol (VoIP) Market throughout the forecast period. It highlights the drivers, restraints and opportunities expected to influence the Market’s enlargement throughout this era. The study provides a holistic perspective on the Market’s growth across completely different nations that embody North America, Europe, Asia Pacific, Mideast & continent and South America. The report highlights key trends moving the Market on a worldwide scale. moreover, outstanding countries/regions coated within the report embody the U.S, Canada, U.K, Germany, France, Spain, Italy, Central/Eastern Europe, India, China, Japan, South Korea, GCC countries, Republic of South Africa and Brazil.

Report Segmentation

Market, By Type

  • Integrated Access/Session Initiation Protocol (SIP) Trunking
  • Managed IP PBX
  • Hosted IP PBX

Market, By Access Type

  • Phone to phone
  • Computer to computer
  • Computer to phone

Market, By Call Type

  • International VoIP calls
  • Domestic VoIP calls

Market, By Medium

  • Fixed
  • Mobile

Market, By End-use

  • Consumers
  • SMBs
  • Large Enterprises

Market, By Application

  • IT & telecom
  • BFSI 
  • Government & public sector
  • Healthcare
  • Retail
  • Education 
  • Hospitality
  • Others

Report Scope

Report Metric  Details
 Market Size 2028: Significant Value
 CAGR 2017-2028: Substantial CAGR
 Base Year 2020
Forecast Period 2021-2028
Historical Data 2017
Market representation Revenue in USD Billion & CAGR from 2021 to 2028
Segments Covered Type, Access Type, Call Type, Medium, End-use, Application, and Region
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  • Cost-benefits over circuit switched networks
  • Increasing trend of mobility in businesses
  • Data security and privacy concerns
Company Profile
  • Alcatel Lucent
  • AT&T
  • Cisco
  • Citrix
  • Deutsche Telekom
  • Ribbon Communication
  • Google
  • Huawei
  • Microsoft
  • Orange
  • Telenor
  • ZTE
  • Nextiva
  • RingCentral
  • Verizon
  • Vonage
  • 8x8
  • Avaya
  • Mitel
  • Jive Communication
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Report Description:
• The study delivers a comprehensive analysis of the global market for all segments and regions.
• The study also includes attractiveness analysis of all segments and regions, which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
• The study includes data on the changing market dynamics, current and future market trends, market statistics, and more.
• Porter's Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates industry analysis, which is focused on providing an extensive view of the market.
• The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global Voice over Internet Protocol (VoIP) market.
• Competitive Landscape and player positioning analysis for the global Voice over Internet Protocol (VoIP) market.
• Recent industry development and consumer preference trends.
• Key challenges faced by operating players in the market space.
• Analysis of major risks associated with the market operations .

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