IP TELEPHONY MARKET DEMAND ANALYSIS, TYPE, STATISTICS, REGIONS AND FORECAST - 2031

IP Telephony Market Demand Analysis, Type, Statistics, Regions and Forecast - 2031

IP Telephony Market Demand Analysis, Type, Statistics, Regions and Forecast - 2031

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The global IP Telephony market is expected to grow at a significant CAGR during the forecast period (2024-2031). Internet Protocol Telephony (IP telephony) is the abbreviation for Internet Protocol Telephony. IP telephony is a method and set of technologies for delivering voice and multimedia communications via Internet Protocol (IP) networks, such as the internet. Broadband phone service, internet telephony, and broadband telephony all refer to the provisioning of communications services (voice, fax, SMS, and voice-messaging) through the public internet, as opposed to the public switched telephone network (PSTN), sometimes known as plain old phone service (POTS).

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IP telephony is becoming more popular as a result of new features such as high-tech technology, contact centres, voice mail, and call routing. These benefits are among the key aspects projected to propel the global IP telephony industry forward. IP telephony systems are more portable than traditional phone systems and offer easier data transfer over the network with the help of application and hardware support. Furthermore, organisations have adopted IP telephony for communication reasons due to its ease of use, lower cost, improved technology and increased productivity.

In the following years, the increasing IP telephony industry is predicted to provide numerous prospects for corporations and industrialists to expand their businesses or organisations. Furthermore, components of other technologies such as DHCP, SIP, TCP/IP, DNS, and others are projected to be in high demand in the future. The demand for desktop IP from the General Data Protection Regulation (GDPR) can, however, be a challenge for the global market. The cost-effectiveness of IP telephony is a primary element propelling the global IP telephony market forward. Furthermore, due to increased rivalry among internet service providers and telecommunication service providers in the industrial sector, the global IP phones market is growing.

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Market Coverage


  • Segment Covered

  • Regions Covered- Globally


Competitive Landscape: Ascom Holding AG, Avaya Inc., Cisco Systems, Inc., Gigaset AG, LG Electronics Inc. among others.

Key questions addressed by the report

  • What is the market growth rate?

  • Which segment and region dominates the market in base year?

  • Which segment and region will project fastest growth in the market?

  • How COVID-19 impacted the market?


o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

  • Who is the leader in the market?

  • How players are addressing challenges to sustain growth?

  • Where is the investment opportunity?


Global IP Telephony Market by Segment

By Component Type

  • Hardware Based

  • IP Desktop Phones

  • Audio Conference Phones

  • DECT Phones

  • Softphones


By Industry Vertical

  • BFSI

  • Retail

  • Government

  • Healthcare

  • Others


Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

 

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

 

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