Learn about the global voice over internet protocol market through The Business Research Company, which provides information on VoIP market size, VoIP market drivers and restraints, VoIP market players, the COVID-19 impact on the VoIP market, and more.

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The global VoIP market size is expected to grow from $94.16 billion in 2021 to $107.03 billion in 2022 at a compound annual growth rate (CAGR) of 13.7%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The market is expected to reach $181.10 billion in 2026 at a CAGR of 14.1%.

The growing adoption of 5G technology is expected to drive innovation in voice over internet protocol (VoIP) manufacturing, thus driving the market during the forecast period.

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The voice over internet protocol (VoIP) market consists of sales of VoIP technologies by entities (organizations, sole traders, and partnerships) that allows traditional telephony services to operate over computer networks using packet-switched protocols. Voice over Internet Protocol is a communications technology that enables people to communicate via audio over the internet rather than via a traditional telephone line. VoIP enables making a call directly from a computer, or a special VoIP phone.

Global Voice Over Internet Protocol (Voip) Market Segments Include:

By Type: Integrated Access Or Session Initiation Protocol (SIP) Trunking, Managed IP PBX, Hosted IP PBX

By Access Type: Phone To Phone, Computer To Computer, Computer To Phone

By Call Type: International VoIP Calls, Domestic VoIP Calls

By Medium: Fixed, Mobile

By End User: Consumers, Small And Medium Businesses, Large Enterprises

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the VoIP market in 2021.

The smarter VoIP assistants is shaping the VoIP market. Smarter VoIP Assistants can help customers automate a variety of tasks including routing calls to agents and forwarding calls to voicemail. Furthermore, with these tools at their disposal, consumers will no longer need to send simple questions to agents because the virtual assistant will be able to respond.

TBRC’s voice over internet protocol (VoIP) market report covers:

Major Market Players: Verizon Communications, Comcast, Orange S.A., AT&T, Charter Communications, Vonage, Altice USA Inc., Telmex, Time Warner Cable, Numericable, Cox Communications, Rogers Communications, Sprint Corporation, TalkTalk Group, RingCentral, Patton Electronics, San Antonio Telephone Co, and OneVoice Communications Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Voice over Internet Protocol (VoIP) Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides voice over internet protocol (VoIP) market overviews, analyses and forecasts market size, share, VoIP market players, VoIP market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s voice over internet protocol (VoIP) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Session Initiation Protocol (SIP) Trunking Services Global Market Report 2021

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