Voice Over Internet Protocol (VoIP) Market Size, Share, Analysis, Trends, Growth, 2032
Voice Over Internet Protocol (VoIP) Market Size - By Call Type (International VoIP Calls and Domestic Calls); By End-Use (Individual Users, Large & Giant Firms, and Small & Medium Enterprises), By Application (IT & Telecom, Healthcare, Education, Hospitality, BFSI, Public Sector, and Retail); and by Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 42.97 Billion | USD 105.13 Billion | 9.4% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Type
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Voice Over Internet Protocul (VoIP) Market, 2016–2026(USD Billion)
- 2.2. Voice Over Internet Protocul (VoIP) Market: Snapshot
- Chapter 3. Global Voice Over Internet Protocul (VoIP) Market– Industry Analysis
- 3.1. Voice Over Internet Protocul (VoIP) Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Doctors have made use of VoIP sulutions for imparting virtual trainings & meetings. This will further expand the scope of the market in the foreseeable future.
- 3.2.2. Rise in the use of cloud VoIP sulutions due to cost-effectiveness and robust growth in wireless communications will spur voice over internet protocul (VoIP) industry size during 2020-2026.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Application
- 3.4.2. Market attractiveness analysis By End-Use
- 3.4.3. Market attractiveness analysis By Call Type
- Chapter 4. Global Voice Over Internet Protocul (VoIP) Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Voice Over Internet Protocul (VoIP) Market: company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Service launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Voice Over Internet Protocul (VoIP) Market– End-Use Analysis
- 5.1. Global Voice Over Internet Protocul (VoIP) Market overview: By End-Use
- 5.1.1. Global Voice Over Internet Protocul (VoIP) Market share, By End-Use , 2019 and 2026
- 5.2. Individual Users
- 5.2.1. Global Voice Over Internet Protocul (VoIP) Market by Individual Users, 2016–2026(USD Billion)
- 5.3. Large & Giant Firms
- 5.3.1. Global Voice Over Internet Protocul (VoIP) Market by Large & Giant Firms, 2016–2026(USD Billion)
- 5.4. Small & Medium Enterprises
- 5.4.1. Global Voice Over Internet Protocul (VoIP) Market by Small & Medium Enterprises, 2016–2026(USD Billion)
- 5.1. Global Voice Over Internet Protocul (VoIP) Market overview: By End-Use
- Chapter 6. Global Voice Over Internet Protocul (VoIP) Market– Application Analysis
- 6.1. Global Voice Over Internet Protocul (VoIP) Market overview: By Application
- 6.1.1. Global Voice Over Internet Protocul (VoIP) Market share, By Application, 2019 and 2026
- 6.2. IT & Telecom
- 6.2.1. Global Voice Over Internet Protocul (VoIP) Market by IT & Telecom, 2016–2026(USD Billion)
- 6.3. Healthcare
- 6.3.1. Global Voice Over Internet Protocul (VoIP) Market by Healthcare, 2016–2026(USD Billion)
- 6.4. BFSI
- 6.4.1. Global Voice Over Internet Protocul (VoIP) Market by BFSI, 2016–2026(USD Billion)
- 6.5. Public Sector
- 6.5.1. Global Voice Over Internet Protocul (VoIP) Market by Public Sector, 2016–2026(USD Billion)
- 6.6. Hospitality
- 6.6.1. Global Voice Over Internet Protocul (VoIP) Market by Hospitality, 2016–2026(USD Billion)
- 6.7. Education
- 6.7.1. Global Voice Over Internet Protocul (VoIP) Market by Education, 2016–2026(USD Billion)
- 6.8. Retail
- 6.8.1. Global Voice Over Internet Protocul (VoIP) Market by Retail, 2016–2026(USD Billion)
- 6.1. Global Voice Over Internet Protocul (VoIP) Market overview: By Application
- Chapter 7. Global Voice Over Internet Protocul (VoIP) Market– Call Type Analysis
- 7.1. Global Voice Over Internet Protocul (VoIP) Market overview: By Call Type
- 7.1.1. Global Voice Over Internet Protocul (VoIP) Market share, By Call Type, 2019 and 2026
- 7.2. International VoIP Calls
- 7.2.1. Global Voice Over Internet Protocul (VoIP) Market by International VoIP Calls, 2016–2026(USD Billion)
- 7.3. Domestic Calls
- 7.3.1. Global Voice Over Internet Protocul (VoIP) Market by Domestic Calls, 2016–2026(USD Billion)
- 7.1. Global Voice Over Internet Protocul (VoIP) Market overview: By Call Type
- Chapter 8. Company Profiles
- 8.1. ZTE Corporation
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Service Portfolio
- 8.1.4. Business Strategy
- 8.1.5. Recent Developments
- 8.2. Alcatel Lucent
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Service Portfolio
- 8.2.4. Business Strategy
- 8.2.5. Recent Development
- 8.3. Mitel
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Service Portfolio
- 8.3.4. Business Strategy
- 8.3.5. Recent Development
- 8.4. AT&T
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Service Portfolio
- 8.4.4. Business Strategy
- 8.4.5. Recent Development
- 8.5. Avaya
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Service Portfolio
- 8.5.4. Business Strategy
- 8.5.5. Recent Development
- 8.6. Cisco
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Service Portfolio
- 8.6.4. Business Strategy
- 8.6.5. Recent Development
- 8.7. Citrix
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Service Portfolio
- 8.7.4. Business Strategy
- 8.7.5. Recent Development
- 8.8. Verizon
- 8.8.1. Overview
- 8.8.2. Financials
- 8.8.3. Service Portfolio
- 8.8.4. Business Strategy
- 8.8.5. Recent Development
- 8.9. Deutsche Telekom
- 8.9.1. Overview
- 8.9.2. Financials
- 8.9.3. Service Portfolio
- 8.9.4. Business Strategy
- 8.9.5. Recent Development
- 8.10. RingCentral
- 8.10.1. Overview
- 8.10.2. Financials
- 8.10.3. Service Portfolio
- 8.10.4. Business Strategy
- 8.10.5. Recent Development
- 8.11. Ribbon Communication
- 8.11.1. Overview
- 8.11.2. Financials
- 8.11.3. Service Portfolio
- 8.11.4. Business Strategy
- 8.11.5. Recent Development
- 8.12. Vonage
- 8.12.1. Overview
- 8.12.2. Financials
- 8.12.3. Service Portfolio
- 8.12.4. Business Strategy
- 8.12.5. Recent Development
- 8.13. Google, Inc.
- 8.13.1. Overview
- 8.13.2. Financials
- 8.13.3. Service Portfolio
- 8.13.4. Business Strategy
- 8.13.5. Recent Development
- 8.14. Huawei Technulogies
- 8.14.1. Overview
- 8.14.2. Financials
- 8.14.3. Service Portfolio
- 8.14.4. Business Strategy
- 8.14.5. Recent Development
- 8.15. Microsoft Corporation
- 8.15.1. Overview
- 8.15.2. Financials
- 8.15.3. Service Portfolio
- 8.15.4. Business Strategy
- 8.15.5. Recent Development
- 8.16. Telenor
- 8.16.1. Overview
- 8.16.2. Financials
- 8.16.3. Service Portfolio
- 8.16.4. Business Strategy
- 8.16.5. Recent Development
- 8.17. Nextiva
- 8.17.1. Overview
- 8.17.2. Financials
- 8.17.3. Service Portfolio
- 8.17.4. Business Strategy
- 8.17.5. Recent Development
- 8.18. Jive Communication
- 8.18.1. Overview
- 8.18.2. Financials
- 8.18.3. Service Portfolio
- 8.18.4. Business Strategy
- 8.18.5. Recent Development
- 8.1. ZTE Corporation
Table Of Figures
List of Figures
1. Market research Type
2. Market research methodology
3. Global Voice Over Internet Protocol (VoIP) Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Voice Over Internet Protocol (VoIP) Marketattractiveness, By End-Use
6. Global Voice Over Internet Protocol (VoIP) Marketattractiveness, By Application
7. Global Voice Over Internet Protocol (VoIP) Marketattractiveness, By Call Type
8. Global Voice Over Internet Protocol (VoIP) Marketshare by End-Use,2019 and 2026 (USD Billion)
9. Global Voice Over Internet Protocol (VoIP) Marketby Individual Users, 2016–2026(USD Billion)
10. Global Voice Over Internet Protocol (VoIP) Marketby Large & Giant Firms, 2016–2026(USD Billion)
11. Global Voice Over Internet Protocol (VoIP) Marketby Small & Medium Enterprises, 2016–2026(USD Billion)
12. Global Voice Over Internet Protocol (VoIP) Marketshare by Application ,2019 and 2026 (USD Billion)
13. Global Voice Over Internet Protocol (VoIP) Marketby IT & Telecom, 2016–2026(USD Billion)
14. Global Voice Over Internet Protocol (VoIP) Marketby Healthcare, 2016–2026(USD Billion)
15. Global Voice Over Internet Protocol (VoIP) Marketby Retail, 2016–2026(USD Billion)
16. Global Voice Over Internet Protocol (VoIP) Marketby Public Sector, 2016–2026(USD Billion)
17. Global Voice Over Internet Protocol (VoIP) Marketby BFSI, 2016–2026(USD Billion)
18. Global Voice Over Internet Protocol (VoIP) Marketby Hospitality, 2016–2026(USD Billion)
19. Global Voice Over Internet Protocol (VoIP) Marketby Education, 2016–2026(USD Billion)
20. Global Voice Over Internet Protocol (VoIP) Marketshare by Call Type ,2019 and 2026 (USD Billion)
21. Global Voice Over Internet Protocol (VoIP) Marketby International VoIP Calls, 2016–2026(USD Billion)
22. Global Voice Over Internet Protocol (VoIP) Market by Domestic Calls, 2016–2026(USD Billion)
23. Global Voice Over Internet Protocol (VoIP) Marketshare, by Region, 2019 and 2026
24. North America Voice Over Internet Protocol (VoIP) Market, 2016–2026(USD Billion)
25. Europe Voice Over Internet Protocol (VoIP) Market, 2016–2026(USD Billion)
26. Asia Pacific Voice Over Internet Protocol (VoIP) Market, 2016–2026(USD Billion)
27. Latin America Voice Over Internet Protocol (VoIP) Market, 2016–2026(USD Billion)
28. The Middle East and Africa Voice Over Internet Protocol (VoIP) Market, 2016–2026(USD Billion)
Table Of Tables
List of Tables
1. Global Voice Over Internet Protocol (VoIP) Market: snapshot
2. Drivers of the Voice Over Internet Protocol (VoIP) Market: impact analysis
3. North America Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
4. North America Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
5. North America Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
6. The U.S. Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
7. The U.S. Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
8. The U.S. Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
9. Rest of North America Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
10. Rest of North America Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
11. Rest of North America Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
12. Europe Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
13. Europe Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
14. Europe Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
15. UK Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
16. UK Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
17. UK Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
18. France Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
19. France Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
20. France Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
21. Germany Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
22. Germany Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
23. Germany Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
24. Rest of Europe Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
25. Rest of Europe Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
26. Rest of Europe Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
27. Asia Pacific Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
28. Asia Pacific Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
29. Asia Pacfic Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
30. China Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
31. China Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
32. China Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
33. Japan Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
34. Japan Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
35. Japan Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
36. India Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
37. India Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
38. India Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
39. Rest of Asia Pacific Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
40. Rest of Asia Pacific Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
41. Rest of Asia Pacific Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
42. Latin America Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
43. Latin America Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
44. Latin America Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
45. Brazil Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
46. Brazil Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
47. Brazil Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
48. Rest of Latin America Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
49. Rest of Latin America Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
50. Rest of Latin America Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
51. The Middle East and Africa Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
52. The Middle East and Africa Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
53. The Middle East and Africa Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
54. Saudi Arabia Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
55. Saudi Arabia Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
56. Saudi Arabia Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
57. South Africa Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
58. South Africa Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
59. South Africa Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
60. Rest of the Middle East & Africa Voice Over Internet Protocol (VoIP) Market revenue, By End-Use ,2016–2026(USD Billion)
61. Rest of the Middle East & Africa Voice Over Internet Protocol (VoIP) Market revenue, By Application,2016–2026(USD Billion)
62. Rest of the Middle East & Africa Voice Over Internet Protocol (VoIP) Market revenue, By Call Type,2016–2026(USD Billion)
Methodology
FrequentlyAsked Questions
VoIP offers more benefits as compared to conventional phone and this will drive market trends. Rise in the use of cloud VoIP solutions due to cost-effectiveness and robust growth in wireless communications will spur voice over internet protocol (VoIP) industry size during 2024 – 2032. Apart from this, onset of 4G and 5G technologies is anticipated to bring a paradigm shift in VoIP services, thereby boosting the expansion of voice over internet protocol (VoIP) market over the assessment period. Need for good & feasible audio quality solutions and efficient communication services will create lucrative growth avenues for voice over internet (VoIP) industry in the years to come.
According to Zion market research report, the global Voice Over Internet Protocol (VoIP) Market, estimating its value at USD 42.97 Billion in 2023, with projections indicating that it will reach USD 105.13 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 9.4% over the forecast period 2024-2032.
Asia Pacific will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to surge in the use of internet in the region since last two decades. VoIP Technology is replacing conventional telecom network services in countries such as China and India. This will help market explore new areas having untapped growth potential in the region and will add to rapid expansion of the market size in the sub-continent. For the record, China is focusing on offering mobile VoIP services for smartphone users and this will help VoIP technology to increase its reach even to the far-flung & remote areas and this will spearhead the industry landscape.
The key market participants include ZTE Corporation, Alcatel Lucent, Mitel, AT&T, Avaya, Cisco, Citrix, Verizon, Deutsche Telekom, RingCentral, Ribbon Communication, Vonage, Google, Inc., Huawei Technologies, Microsoft Corporation, Telenor, Nextiva, and Jive Communication.
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