Press release
VOIP Services Market: VOIP technology to have high capital expenditure for improvisation
Scope and Regional Forecast of the VOIP Services Market:According to the IndustryARC research analysis studies on the VOIP Services Market, Computer to Phone communication had the largest share of revenue in 2015. Phone to Phone is expected to witness the highest growth in CAGR during 2016-2021.
Europe is the dominating region for the VOIP Services Market closely followed by Asia Pacific, owing to high use of IP telephony and VOIP services adoption in this region. Asia Pacific is anticipated to have the fastest growth due to use of internet calling in populous countries like China and China of this region.
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North America is expected to have high growth in the VOIP Services Market with service providers investing high revenues for VOIP service improvement. The high industrialization and commercialized business highly use internet telephony for communication in this region during 2014-2021.
Segmentation and Key Players of the VOIP Services Market:
The VOIP Services Market is segmented into various categories in the IndustryARC marketing research report by type, by access type, by medium, by user type, by end user and by geography as follows:
By type: International VOIP Calls, Domestic VOIP Calls Interactive Assessments
By access type: Phone to Phone, Computer to Computer and Computer to Phone
By medium: Mobile, Fixed
By user type: Individual Consumers, SMBs and Larger Enterprises
By end user: Healthcare, BFSI, Retail, Hospitality, Government, Education, Transportation, Media and Entertainment, Military and Defense and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the VOIP Services Market according to the IndustryARC research report are as follows:
• Vonage Holdings Corporation
• 8x8 Inc.
• ShoreTel Nextiva Inc.
• RingCentral Inc.
• West Corporation
The VOIP Services Market is a rapidly growing market with huge potential in communications and IP telephony using VOIP technology in various regions across the globe. This market is expected to witness high growth owing to the increasing adoption of the softphone or internet calling due to cheap VOIP rates, increasing users of mobile VOIP and SIP voice, investment by communication industry for development of VOIP mobile and VOIP hardware for personal and business phone service during 2014-2021.
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About IndustryARC:
IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
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