Voice over Internet Protocol Market worth $55bn by 2025

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Voice over Internet Protocol Market worth 55bn
by 2025
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Key Insights from Voice over Internet Protocol
Market

• Voice over Internet Protocol Market is set to
  exceed USD 55 billion by 2025 according to a new
  research report by Global Market Insights, Inc.
  The Voice over Internet Protocol Market is
  expected to witness a significant growth from
  2019 to 2025 as the technology enables a
  cost-effective way of communication compared to a
  broadband internet connection.
• The integrated access/SIP trunking segment held a
  dominant share of over 52 in 2018 and will
  maintain its leading position in the Voice over
  Internet Protocol Market by 2025. The integrated
  access devices/SIP trunking services are widely
  adopted by the enterprises as they enable them to
  integrate their existing, legacy phone systems
  with VoIP software
• The phone to phone Voice over Internet Protocol
  Market will witness the fastest growth rate due
  to extensive use of IP phones enabling
  long-distance communication at an affordable
  price. IP phones offer call waiting and advanced
  call routing compared to traditional analog
  phones.

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Continued

• The international VoIP calls market is projected
  hold a major share of over 50 by 2025. The
  demand for international VoIP calling services
  will increase as they enable huge cost-savings
  for enterprises who have their offices and
  customers across remotely distributed locations.
  Several affordable international calling plans or
  plan extensions are being offered by VoIP service
  providers, enabling organizations to conduct
  business across borders at low calling rates.
• The fixed VoIP segment will hold a voice over
  internet protocol market share of around 55 by
  2025 as enterprises prefer a secure phone system,
  which utilizes internet connectivity and offers
  more safe and convenient communication.

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Latest Research Report On Voice over Internet
Protocol Market _at_ https//www.gminsights.com/indus
try-analysis/voice-over-internet-protocol-voip-mar
ket Request for a sample of this research
report _at_ https//www.gminsights.com/request-sample
/detail/2989
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APAC VoIP Market Size, By Country, 2018 2025
(USD Billion)

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Major CompaniesVoice over Internet Protocol
Market

• Panasonic KX-NT680
• KX-NT630
• 3CX partnered

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Industry Coverage

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Regional Insights in Voice over Internet Protocol
Market

• North America is projected to dominate the Voice
  over Internet Protocol Market in 2025 with a
  share of over 40. Huge adoption of cloud
  services, advanced telecommunications
  infrastructure, and rising popularity of
  workforce mobility will support the market
  growth. Enterprises in the region are migrating
  from traditional PSTN network to cloud-based
  telephony to reduce hardware dependency, increase
  scalability, and improve collaboration.
• For instance, in October 2017, Dialpad
  introduced its cloud communications platform and
  expanded its footprint to serve companies in
  Canada. By opening a new office in Vancouver, the
  company enabled SMBs and large enterprises to
  modernize their cloud infrastructure.

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