High-Definition (HD) Voice Market worth $2.29 Billion

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MarketsandMarkets Presents

• High-Definition (HD) Voice Market worth 2.29
  Billion

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• The report "HD Voice Market by Application (Video
  Conferencing, Audio Conferencing, Web
  Conferencing, Multimedia Conferencing, Audio
  Broadcast, Announcement Services), by User Type
  (Enterprise User, Consumer) - Worldwide Market
  Forecasts and Analysis (2014 - 2019)" defines and
  segments the global HD voice market into various
  sub-segments with an in-depth analysis and
  forecasting of market sizes. The report also
  identifies the factors driving the market,
  various restraints and opportunities impacting it
  along with the adoption trends

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Browse 77 market data tables and 61 figures
spread through 152 pages and in-depth TOC on HD
Voice Market by Application (Video Conferencing,
Audio Conferencing, Web Conferencing, Multimedia
Conferencing, Audio Broadcast, Announcement
Services), by User Type (Enterprise User,
Consumer) - Worldwide Market Forecasts and
Analysis (2014 - 2019) http//www.marketsandmark
ets.com/Market-Reports/high-definition-hd-voice-ma
rket-228719118.html Early buyers will receive
10 customization on reports. In the recent
years, mobile-broadband traffic has increased
exponentially with the enhanced developments in
network technology. The massive adoption of high
speed broadband services has been beneficial for
telecom operators, with the emergence of enhanced
sources of income for them. The biggest challenge
for the HD voice market is the increasing
competition from Over-the-Top (OTT) players, and
the lack of codec interoperability which makes it
difficult for telecom operators to offer
traditional voice services. 
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However, today operators are no longer the only
entity dominating in the communication market.
The explosive evolution of OTT players has
introduced new entrants that provide voice
services fundamentally free of cost. The HD voice
market is consolidated with big players such as
Ericsson, Alcatel-Lucent, Orange, Polycom,
Verizon Communications, ATT, Avaya, Deutsche
Telekom, Broadcom Corporation, and Cisco Systems.
The competition from these big players further
makes it difficult for small vendors to enter the
HD voice market. The major factors driving this
market are the increasing adoption of Voice over
LTE (VoLTE), evidently changing voice usage
models, growing popularity of soft phone
technology, and expansive on-going adoption by
SMBs.
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