Welcome!

SDN Journal Authors: Pat Romanski, Elizabeth White, Liz McMillan, Mark Hoover, Stefan Bernbo

News Feed Item

Global VoIP Services Market (Corporate Consumers, Individual Consumers, Mobile VoIP and Others) is Expected to Reach USD 136.76 Billion by 2020: Transparency Market Research

ALBANY, New York, September 3, 2014 /PRNewswire/ --


According to a new market report published by Transparency Market Research "VoIP Services (Individual Consumers, Corporate Consumers, Mobile VoIP and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," the global VoIP services market was valued at USD 70.90 billion in 2013 and is expected to reach USD 136.76 billion by 2020, growing at a CAGR of 9.7% from 2014 to 2020. Europe was the largest revenue contributor to the global VoIP services market in 2013. The Asia Pacific region is expected to be the fastest growing market for VoIP services during the forecast period. The CAGR for revenue generated in this region is expected to be 13.6% from 2014 to 2020, with equivalent growth of subscriber base for VoIP services in the region expected at a CAGR of 14.6% during the same period. The fast increasing adoption of smart portable devices such as tablets and smart phones in the corporate and residential sectors across the globe is the major factor driving the VoIP services market growth.

Browse the full Global VoIP Services Market Report at http://www.transparencymarketresearch.com/voip-services-market.html

The VoIP services are cheaper and affordable for both the corporate and individual consumers. Additionally, these services enable the corporate consumers in saving the operational cost incurred on availing the traditional telephony communication services. As a result, several corporate consumers are encouraged to use VoIP services for communication. The corporate consumers segment is further classified on the basis of the type of services offered to these consumers. In 2013, the major contribution in terms of revenue was from the hosted business services offered by the VoIP service providers. This segmented contributed 35.8% of the total revenue generated from the corporate consumers segment. However, in terms of subscriber base the market was led by the managed IP PBX (private branch exchange) services offered to corporate consumers. However, in spite of promising growth signs, the VoIP service providers face challenges due to the lack of infrastructure and limitations of bandwidth allocation in emerging countries, which are crucial for long term growth.

These VoIP services can be provided through different configurations such as computer-to-phone VoIP services, phone-to-phone VoIP services, and computer-to-computer VoIP services. The computer-to-phone VoIP services segment was the largest and accounted for 37.9% of the total subscriber base in 2013. However, the phone-to-phone (Mobile VoIP) configuration is expected to witness healthy revenue growth during the forecast period, recording a CAGR of 14.7% from 2014 - 2020. Moreover, due to increasing smart phone penetration and demand for mobility among the corporate and individual consumers, the market for computer-to-computer VoIP services is expected to show minimum growth, wherein computers (desktops) are gradually being replaced by smart phones and other portable devices.

On the basis of call type, the VoIP services market is segmented into two major categories, namely, international long distance VoIP calls and domestic VoIP calls. In 2013, the international long distance VoIP services segment dominated the market in terms of both, revenue generated and number of subscribers. It is expected to remain dominant throughout the forecast period, with expected rise in revenue market share to 62.3% in 2020. The segment accounted for 54.9% of the total subscriber base for VoIP services in 2013.

Related & Recently Published Reports by Transparency Market Research 


Geographically, Europe led the global VoIP services market in 2013, in terms of revenue share and subscriber base, followed by Asia Pacific. However, by end of the forecast period, Asia Pacific is expected to emerge as the leading market, accounting for highest revenue and subscriber base. In 2020, the market size of Asia Pacific is expected to contribute 41.1% and 40.2% in terms of subscribers and revenue respectively. This growth of Asia Pacific is fuelled by increasing awareness about advantages of VoIP services and rising level of quality infrastructure development in the region. This is even attracting global players to further expand their operations in the region offering a competitive product mix. The global market for VoIP services is dominated by major players such as Microsoft Corporation (Skype), Viber Media S.r.l., Ring Central, AT&T, Inc., Sprint Corporation, Avaya, Inc., Vonage Holdings Corporation and 8×8, Inc. among others. The competitive rivalry among these players was intense in 2013 and is expected to remain so throughout the forecast period.

Get Sample of Global VoIP Services Market Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3023

The report studies the global VoIP services market, and provides market size estimates in terms of revenue (USD Billion) and subscriber (Million) from 2012 to 2020. Market estimates are provided on the basis of configuration, call-type, end-use and geography. The market has been segmented as follows:

VoIP Services Market, by Configuration 

  • Computer-to-Computer
  • Computer-to-Phone
  • Phone-to-Phone

VoIP Services Market, by Call Type 

  • International Long Distance VoIP Calls
  • Domestic VoIP Calls

VoIP Services Market, by End-use 

  • Corporate Consumers
    • IP Connectivity
    • Managed IP PBX
    • Hosted Business
  • Individual Consumers

VoIP Services Market, by Geography 

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse All Technology & Media Market Research Reports @ http://www.transparencymarketresearch.com/technology-market-reports-8.html

About Us  

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact 

Ms. Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: [email protected]

Website: http://www.transparencymarketresearch.com/

Company Blog: http://www.tmrblog.com/

Company Blog: http://www.europlat.org/

Browse All PR: http://www.transparencymarketresearch.com/press-releases.htm

Browse All Articles: http://www.transparencymarketresearch.com/articles.htm

Browse Press Release "VoIP Services Market is Expected to Reach USD 136.76 Billion by 2020" at @ http://www.transparencymarketresearch.com/pressrelease/voip-services-market.htm


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, discussed the best practices that will ensure a successful smart city journey.
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, discussed how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He also discussed how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors an...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at Dell EMC, introduced a methodology for capturing, enriching and sharing data (and analytics) across the organization...
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of D...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Due of the rise of Hadoop, many enterprises are now deploying their first small clusters of 10 to 20 servers. At this small scale, the complexity of operating the cluster looks and feels like general data center servers. It is not until the clusters scale, as they inevitably do, when the pain caused by the exponential complexity becomes apparent. We've seen this problem occur time and time again. In his session at Big Data Expo, Greg Bruno, Vice President of Engineering and co-founder of StackIQ...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
The proper isolation of resources is essential for multi-tenant environments. The traditional approach to isolate resources is, however, rather heavyweight. In his session at 18th Cloud Expo, Igor Drobiazko, co-founder of elastic.io, drew upon his own experience with operating a Docker container-based infrastructure on a large scale and present a lightweight solution for resource isolation using microservices. He also discussed the implementation of microservices in data and application integrat...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., and Logan Best, Infrastructure & Network Engineer at Webair, focused on real world deployments of DDoS mitigation strategies in every layer of the network. He gave an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He also outlined what we have found in our experience managing and running thousands of Linux and Unix ...