Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "Mobile VoIP Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global mobile VoIP market size reached US$ 33.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 67.8 Billion by 2027, exhibiting a CAGR of 12.47% during 2021-2027.
Companies Mentioned
- Apple Inc.
- Facebook Inc.
- Google Inc.
- Citrix Systems Inc.
- Kakao Corporation
- Grasshopper Group LLC. (LogMeIn Inc.)
- Microsoft Corporation
- Tata Communications Ltd.
- Tencent Holdings Ltd.
- T-Mobile (Deutsche Telekom AG)
- Vonage Holdings Corporation
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Mobile VoIP (Voice-over-IP) refers to an extension of voice calls over to data services, such as 3G/4G or Wi-Fi. The data is transmitted in small-sized packets which increase the spectrum efficiency and lower the maintenance cost as only one network is used for data transmission.
Mobile VoIP offers a number of benefits, such as increased accessibility, clear voice quality, enhanced portability, higher scalability, instant messaging, video conferencing at the lowest cost, etc. Some of the common platforms adopted for mobile VoIP include Android OS, iOS, and Windows OS and MAC OS.
Mobile VoIP Market Trends:
The increasing penetration of smart devices along with the high internet connectivity is primarily driving the global market for mobile VoIP. In line with this, the growing popularity of innovative and user-friendly applications, such as WhatsApp, Line, Skype, Viber, etc., for enhancing the smartphone functionality regarding communication and connectivity is also propelling the market growth.
Moreover, the widespread presence of high-speed network infrastructures coupled with lowering data charges are further catalyzing the market for mobile VoIP services.
Additionally, several smartphone manufacturers are launching advanced product variants with improved features, such as augmented reality, flexible screens, holographic displays, etc., to provide higher compatibility with mobile VoIP services. Besides this, significant growth in the corporate sector along with the emerging trend of Bring Your Own Device (BYOD) is also bolstering the market growth.
Moreover, the outbreak of the COVID-19 pandemic had led to the implementation of lockdowns across several nations, thereby propelling the adoption of remote working models. As a result, there is an increasing demand for mobile VoIP services for video conferencing and virtual connectivity to maintain the operational workflow across various organizations.
Key Questions Answered in This Report:
- How has the global mobile VoIP market performed so far and how will it perform in the coming years?
- What is the impact of COVID 19 on the global mobile VoIP market?
- What are the key regional markets?
- What is the breakup of the market based on the platform?
- What is the breakup of the market based on the service?
- What is the breakup of the market based on the model type?
- What is the breakup of the market based on the vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global mobile VoIP market and who are the key players?
- What is the degree of competition in the market?
| Report Attribute | Details |
| No. of Pages | 145 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value (USD) in 2021 | $33.5 Billion |
| Forecasted Market Value (USD) by 2027 | $67.8 Billion |
| Compound Annual Growth Rate | 12.4% |
| Regions Covered | Global |
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Mobile VoIP Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Platform
6.1 Android OS
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 iOS
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Window OS
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Service
7.1 Video and Voice Call
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Video Conferencing
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Instant Messaging
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Model Type
8.1 Freemium Model
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Premium Model
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Enterprise Model
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Vertical
9.1 Healthcare
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Banking and Financial Services
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Retail
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Government
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Education
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Transportation
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Media and Entertainment
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Military and Defense
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Others
9.9.1 Market Trends
9.9.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/iomzz3-voip?w=12
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