Welcome!

SDN Journal Authors: Chris Colosimo, Jason Bloomberg, Mike Wood, SmartBear Blog, Liz McMillan

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
NHK, Japan Broadcasting, will feature the upcoming @ThingsExpo Silicon Valley in a special 'Internet of Things' and smart technology documentary that will be filmed on the expo floor between November 3 to 5, 2015, in Santa Clara. NHK is the sole public TV network in Japan equivalent to the BBC in the UK and the largest in Asia with many award-winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology and will be covering @ThingsExpo Silicon Val...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search an...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing be...
Quickly find the root cause of complex database problems slowing down your applications. Up to 88% of all application performance issues are related to the database. DPA’s unique response time analysis shows you exactly what needs fixing - in four clicks or less. Optimize performance anywhere. Database Performance Analyzer monitors on-premises, on VMware®, and in the Cloud, including Amazon® AWS and Azure™ virtual machines.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
NHK, Japan Broadcasting, will feature the upcoming @ThingsExpo Silicon Valley in a special 'Internet of Things' and smart technology documentary that will be filmed on the expo floor between November 3 to 5, 2015, in Santa Clara. NHK is the sole public TV network in Japan equivalent to the BBC in the UK and the largest in Asia with many award-winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology and will be covering @ThingsExpo Silicon Val...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...