Analysts’ Viewpoint on VoIP Services Market Scenario
The growing adoption of VoIP services in becoming prominent amid the ongoing COVID-19 crisis, as VoIP providers are administering the phone system equipment they are paying for maintenance as well as for server upgrades. However, this technology is still in its nascent stage, since issues such as choppy audio, echoes during VoIP calls, and delays in interoffice calls are restraining the growth of the VoIP services market. Hence, service providers should create awareness about cost advantages and the convenience of connecting to a large group of people at any given time to offset its disadvantages. Service providers are offering softphones that are software-based phones that users can download on their computer, laptop, or any mobile device.
The market in Asia Pacific is likely to expand at the highest CAGR during the forecast period due to increasing investments by governments to deliver robust communication services to customers in the IT & telecom sector. These technological innovations in different countries such as India, China, and Japan are encouraging the adoption of VoIP (Voice over Internet Protocol) services. This indicates that the demand for VoIP services is expected to grow in Asia Pacific during the forecast period.
The VoIP services market in Europe is anticipated to rise at a moderate CAGR throughout the assessment tenure. The increasing demand for alternate communication services instead of traditional phone systems to earn significant profit from the telecom operator is expected to boost the adoption of VoIP services among different end users.
Companies in the VoIP services market are capitalizing on revenue opportunities with the onset of the COVID-19 pandemic. These communication services are gaining popularity for their cost efficiency advantage. Companies in the VoIP services market are establishing stable revenue streams through key revenue-generating industries such as BFSI, healthcare, and the government sector to stay financially afloat during the ongoing pandemic.
An increasing number of businesses are witnessing approximately 90% decline in startup costs while switching to VoIP services. This is evident since VoIP services require small amount of onsite hardware. Startups are gravitating toward VoIP services to eliminate expenses paid to phone technicians and toward international phone charges.
Companies are focusing on adopting alternate distribution channels such as online sales to strengthen their market presence globally. Key players of the VoIP services market are innovating in cloud communication platforms to provide truly unified Communications as a Service (TruCaaS) experience to businesses.
Prominent players in the VoIP services market are expanding their presence in Europe by providing seamless unified communication solutions to businesses. These market players are entering into mergers and acquisitions (M&As) to introduce conference call solutions and VoIP platforms for different end users like in the BFSI, healthcare and government sectors.
VoIP services are significantly changing in terms of services offered by the telecommunication sector over the past few years. The adoption of the 5G network services among various end users to deliver critical VoIP services over a high-speed network is expected to propel the growth of the global VoIP services market during the forecast period.
As some VoIP services do not have power backup, this factor leads to delay in the delivery of VoIP services to customers. This is considered a major restraining factor of the VoIP services market. Hence, tech giants should encourage end users involved in mission-critical projects to invest in generators as a temporary solution to avoid interruption in VoIP calling. Moreover, several advantages of VoIP services tend to compensate for disadvantages of the same.
The 5G network technology helps to provide greater speed which holds potentials to prevent the packet loss of VoIP services and facilitate better bandwidth as compared to 3G and 4G networks. The bandwidth for the 5G network can be adjusted as per individual requirement, which further helps to deliver quality VoIP services to customers.
VoIP services help connect domestic as well as international calls over Internet connection with the help of various VoIP service providers. These next-gen communication services are emerging as an alternative to the circuit-switched telephony services used by the conventional public switched telephone network (PSTN) in order to improve efficiency and productivity.
Attribute |
Detail |
Market Size Value in 2020 |
US$ 82.71 Bn |
Market Forecast Value in 2031 |
US$ 278.53 Bn |
Growth Rate |
11.9% |
Forecast Period |
2021-2031 |
Market Analysis |
US$ Bn for Value |
Key Market Segments Covered |
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Key Regions Covered |
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Key Countries Covered |
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Key Companies Profiled |
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Customization Scope |
Available upon Request |
Pricing |
Available upon Request |
VoIP Services Market – Segmentation
TMR’s research study assesses the VoIP services market on the basis of type, access type, call type, industry vertical, and region. The report presents extensive market dynamics and progressive trends associated with different segments, and how they influence the growth prospects of the VoIP services market.
Type |
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Access Type |
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Call Type |
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Industry Vertical |
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Region |
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1. Preface
1.1. Market Introduction
1.2. Market Segmentation
1.3. Key Research Objectives
2. Assumptions and Research Methodology
2.1. Research Methodology
2.1.1. List of Primary and Secondary Sources
2.2. Key Assumptions for Data Modelling
3. Executive Summary: Global VoIP Services Market
4. Market Overview
4.1. Market Definition
4.2. Technology/ Product Roadmap
4.3. Market Factor Analysis
4.3.1. Forecast Factors
4.3.2. Ecosystem/ Value Chain Analysis
4.3.3. Market Dynamics (Growth Influencers)
4.3.3.1. Drivers
4.3.3.2. Restraints
4.3.3.3. Opportunities
4.3.3.4. Impact Analysis of Drivers and Restraints
4.4. COVID-19 Impact Analysis
4.4.1. Impact of COVID-19 on the VoIP Services Market
4.4.2. Industry Vertical Sentiment Analysis: Comparative Analysis on Spending
4.4.2.1. Increase in Spending
4.4.2.2. Decrease in Spending
4.4.3. Short Term and Long Term Impact on the Market
4.5. Market Opportunity Assessment – by Region (North America/ Europe/ Asia Pacific/ Middle East & Africa/ South America)
4.5.1. By Type
4.5.2. By Access Type
4.5.3. By Call Type
4.5.4. By Industry Vertical
5. Global VoIP Services Market Analysis and Forecast
5.1. Market Revenue Analysis (US$ Bn), 2016-2031
5.1.1. Historic Growth Trends, 2016-2020
5.1.2. Forecast Trends, 2021-2031
6. Global VoIP Services Market Analysis, by Type
6.1. Overview and Definitions
6.2. Key Segment Analysis
6.3. VoIP Services Market Size (US$ Bn) Forecast, by Type, 2018 - 2031
6.3.1. Session Initiation Protocol (SIP) Trunking
6.3.2. Hosted IP PBX
6.3.3. Managed IP PBX
7. Global VoIP Services Market Analysis, by Access Type
7.1. Overview and Definitions
7.2. Key Segment Analysis
7.3. VoIP Services Market Size (US$ Bn) Forecast, by Access Type, 2018 - 2031
7.3.1. Phone to Phone
7.3.2. Computer to Phone
7.3.3. Computer to Computer
8. Global VoIP Services Market Analysis, by Call Type
8.1. Overview and Definitions
8.2. Key Segment Analysis
8.3. VoIP Services Market Size (US$ Bn) Forecast, by Call Type, 2018 - 2031
8.3.1. International VoIP Calls
8.3.2. Domestic VoIP Calls
9. Global VoIP Services Market Analysis, by Industry Vertical
9.1. Key Segment Analysis
9.2. VoIP Services Market Size (US$ Bn) Forecast, by Industry Vertical, 2018 - 2031
9.2.1. IT & Telecom
9.2.2. Healthcare
9.2.3. BFSI
9.2.4. Retail
9.2.5. Hospitality
9.2.6. Government & Public Sector
9.2.7. Education
9.2.8. Manufacturing
9.2.9. Others
10. Global VoIP Services Market Analysis and Forecasts, by Region
10.1. Key Findings
10.2. Market Size (US$ Bn) Forecast by Region, 2018-2031
10.2.1. North America
10.2.2. Europe
10.2.3. Asia Pacific
10.2.4. Middle East & Africa
10.2.5. South America
11. North America VoIP Services Market Analysis and Forecast
11.1. Regional Outlook
11.2. VoIP Services Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)
11.2.1. By Type
11.2.2. By Access Type
11.2.3. By Call Type
11.2.4. By Industry Vertical
11.3. VoIP Services Market Size (US$ Bn) Forecast, by Country, 2018 - 2031
11.3.1. U.S.
11.3.2. Canada
11.3.3. Mexico
12. Europe VoIP Services Market Analysis and Forecast
12.1. Regional Outlook
12.2. VoIP Services Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)
12.2.1. By Type
12.2.2. By Access Type
12.2.3. By Call Type
12.2.4. By Industry Vertical
12.3. VoIP Services Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031
12.3.1. Germany
12.3.2. UK
12.3.3. France
12.3.4. Italy
12.3.5. Spain
12.3.6. Rest of Europe
13. Asia Pacific VoIP Services Market Analysis and Forecast
13.1. Regional Outlook
13.2. VoIP Services Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)
13.2.1. By Type
13.2.2. By Access Type
13.2.3. By Call Type
13.2.4. By Industry Vertical
13.3. VoIP Services Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031
13.3.1. China
13.3.2. India
13.3.3. Japan
13.3.4. ASEAN
13.3.5. Rest of Asia Pacific
14. Middle East & Africa VoIP Services Market Analysis and Forecast
14.1. Regional Outlook
14.2. VoIP Services Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)
14.2.1. By Type
14.2.2. By Access Type
14.2.3. By Call Type
14.2.4. By Industry Vertical
14.3. VoIP Services Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031
14.3.1. Saudi Arabia
14.3.2. The United Arab Emirates
14.3.3. South Africa
14.3.4. Rest of Middle East & Africa
15. South America VoIP Services Market Analysis and Forecast
15.1. Regional Outlook
15.2. VoIP Services Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)
15.2.1. By Type
15.2.2. By Access Type
15.2.3. By Call Type
15.2.4. By Industry Vertical
15.3. VoIP Services Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031
15.3.1. Brazil
15.3.2. Argentina
15.3.3. Rest of South America
16. Competition Landscape
16.1. Market Competition Matrix, by Leading Players
16.2. Market Revenue Share Analysis (%), by Leading Players (2020)
16.3. Competitive Scenario
16.3.1. List of Emerging, Prominent, and Leading Players
16.3.2. Major Mergers & Acquisitions, Expansions, Partnership, Contacts, Deals, etc.
17. Company Profiles
17.1. 8×8, Inc.
17.1.1. Business Overview
17.1.2. Company Revenue
17.1.3. Product Portfolio
17.1.4. Geographic Footprint
17.1.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.2. 3CX
17.2.1. Business Overview
17.2.2. Company Revenue
17.2.3. Product Portfolio
17.2.4. Geographic Footprint
17.2.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.3. AT&T
17.3.1. Business Overview
17.3.2. Company Revenue
17.3.3. Product Portfolio
17.3.4. Geographic Footprint
17.3.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.4. Avaya
17.4.1. Business Overview
17.4.2. Company Revenue
17.4.3. Product Portfolio
17.4.4. Geographic Footprint
17.4.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.5. Dialpad, Inc.
17.5.1. Business Overview
17.5.2. Company Revenue
17.5.3. Product Portfolio
17.5.4. Geographic Footprint
17.5.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.6. GoTo
17.6.1. Business Overview
17.6.2. Company Revenue
17.6.3. Product Portfolio
17.6.4. Geographic Footprint
17.6.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.7. InPhonex, LLC
17.7.1. Business Overview
17.7.2. Company Revenue
17.7.3. Product Portfolio
17.7.4. Geographic Footprint
17.7.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.8. Ooma
17.8.1. Business Overview
17.8.2. Company Revenue
17.8.3. Product Portfolio
17.8.4. Geographic Footprint
17.8.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.9. RingCentral, Inc.
17.9.1. Business Overview
17.9.2. Company Revenue
17.9.3. Product Portfolio
17.9.4. Geographic Footprint
17.9.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.10. Microsoft Corporation
17.10.1. Business Overview
17.10.2. Company Revenue
17.10.3. Product Portfolio
17.10.4. Geographic Footprint
17.10.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.11. Mitel Networks Corp.
17.11.1. Business Overview
17.11.2. Company Revenue
17.11.3. Product Portfolio
17.11.4. Geographic Footprint
17.11.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.12. Nextiva, Inc.
17.12.1. Business Overview
17.12.2. Company Revenue
17.12.3. Product Portfolio
17.12.4. Geographic Footprint
17.12.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.13. Vonage Holdings Corp.
17.13.1. Business Overview
17.13.2. Company Revenue
17.13.3. Product Portfolio
17.13.4. Geographic Footprint
17.13.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.14. Verizon Communications Inc.
17.14.1. Business Overview
17.14.2. Company Revenue
17.14.3. Product Portfolio
17.14.4. Geographic Footprint
17.14.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.15. Viber Media, Inc.
17.15.1. Business Overview
17.15.2. Company Revenue
17.15.3. Product Portfolio
17.15.4. Geographic Footprint
17.15.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.16. Zoom Video Communications, Inc.
17.16.1. Business Overview
17.16.2. Company Revenue
17.16.3. Product Portfolio
17.16.4. Geographic Footprint
17.16.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.
17.17. Others
18. Key Takeaways
List of Tables
Table 1: Acronyms Used in the VoIP Services Market
Table 2: North America VoIP Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)
Table 3: Europe VoIP Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)
Table 4: Asia Pacific VoIP Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)
Table 5: Middle East & Africa VoIP Services Market Revenue Analysis, by Country, 2021 and 2031 (US$ Bn)
Table 6: South America VoIP Services Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)
Table 7: Impact Analysis of Drivers & Restraints
Table 8: Global VoIP Services Market Value (US$ Bn) Forecast, by Type, 2018 – 2031
Table 9: Global VoIP Services Market Value (US$ Bn) Forecast, by Access Type, 2018 – 2031
Table 10: Global VoIP Services Market Value (US$ Bn) Forecast, by Call Type, 2018 – 2031
Table 11: Global VoIP Services Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
Table 12: Global VoIP Services Market Volume (US$ Bn) Forecast, by Region, 2018 – 2031
Table 13: North America VoIP Services Market Value (US$ Bn) Forecast, by Type, 2018 – 2031
Table 14: North America VoIP Services Market Value (US$ Bn) Forecast, by Access Type, 2018 – 2031
Table 15: North America VoIP Services Market Value (US$ Bn) Forecast, by Call Type, 2018 – 2031
Table 16: North America VoIP Services Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
Table 17: North America VoIP Services Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
Table 18: U.S. VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 19: Canada VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 20: Mexico VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 21: Europe VoIP Services Market Value (US$ Bn) Forecast, by Type, 2018 – 2031
Table 22: Europe VoIP Services Market Value (US$ Bn) Forecast, by Access Type, 2018 – 2031
Table 23: Europe VoIP Services Market Value (US$ Bn) Forecast, by Call Type, 2018 – 2031
Table 24: Europe VoIP Services Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
Table 25: Europe VoIP Services Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
Table 26: Germany VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 27: U.K. VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 28: France VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 29: Spain VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 30: Italy VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 31: Asia Pacific VoIP Services Market Value (US$ Bn) Forecast, by Type, 2018 – 2031
Table 32: Asia Pacific VoIP Services Market Value (US$ Bn) Forecast, by Access Type, 2018 – 2031
Table 33: Asia Pacific VoIP Services Market Value (US$ Bn) Forecast, by Call Type, 2018 – 2031
Table 34: Asia Pacific VoIP Services Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
Table 35: Asia Pacific VoIP Services Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
Table 36: China VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 37: India VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 38: Japan VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 39: ASEAN VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 40: Middle East & Africa VoIP Services Market Value (US$ Bn) Forecast, by Type, 2018 – 2031
Table 41: Middle East & Africa VoIP Services Market Value (US$ Bn) Forecast, by Access Type, 2018 – 2031
Table 42: Middle East & Africa VoIP Services Market Value (US$ Bn) Forecast, by Call Type, 2018 – 2031
Table 43: Middle East & Africa VoIP Services Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
Table 44: Middle East & Africa VoIP Services Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
Table 45: Saudi Arabia VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 46: U.A.E. VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 47: South Africa VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 48: South America VoIP Services Market Value (US$ Bn) Forecast, by Type, 2018 – 2031
Table 49: South America VoIP Services Market Value (US$ Bn) Forecast, by Call Type, 2018 – 2031
Table 50: South America VoIP Services Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
Table 51: South America VoIP Services Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
Table 52: Brazil VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 53: Argentina VoIP Services Market Revenue CAGR Breakdown (%), by Growth Term
Table 54: Mergers & Acquisitions, Expansions (1/4)
Table 55: Mergers & Acquisitions, Expansions (2/4)
Table 56: Mergers & Acquisitions, Expansions (3/4)
Table 57: Mergers & Acquisitions, Expansions (4/4)
List of Figures
Figure 1: Global VoIP Services Market Size (US$ Bn) Forecast, 2018–2031
Figure 2: Global VoIP Services Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2021E
Figure 3: Top Segment Analysis of VoIP Services Market
Figure 4: Global VoIP Services Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2031F
Figure 5: Global VoIP Services Market Attractiveness Assessment, by Type
Figure 6: Global VoIP Services Market Attractiveness Assessment, by Access Type
Figure 7: Global VoIP Services Market Attractiveness Assessment, by Call Type
Figure 8: Global VoIP Services Market Attractiveness Assessment, by Industry Vertical
Figure 9: Global VoIP Services Market Attractiveness Assessment, by Region
Figure 10: Global VoIP Services Market Revenue (US$ Bn) Historic Trends, 2016 - 2020
Figure 11: Global VoIP Services Market Revenue Opportunity (US$ Bn) Historic Trends, 2016 - 2020
Figure 12: Global VoIP Services Market Value Share Analysis, by Type, 2021
Figure 13: Global VoIP Services Market Value Share Analysis, by Type, 2031
Figure 14: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Session Initiation Protocol (SIP) Trunking, 2021 – 2031
Figure 15: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Hosted IP PBX, 2021 – 2031
Figure 16: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Managed IP PBX, 2021 – 2031
Figure 17: Global VoIP Services Market Value Share Analysis, by Access Type, 2021
Figure 18: Global VoIP Services Market Value Share Analysis, by Access Type, 2031
Figure 19: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Phone to Phone, 2021 – 2031
Figure 20: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Phone, 2021 – 2031
Figure 21: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Computer, 2021 – 2031
Figure 22: Global VoIP Services Market Value Share Analysis, by Call Type, 2021
Figure 23: Global VoIP Services Market Value Share Analysis, by Call Type, 2031
Figure 24: Global VoIP Services Market Absolute Opportunity (US$ Bn), by International VoIP Calls, 2021 – 2031
Figure 25: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Domestic VoIP Calls, 2021 – 2031
Figure 26: Global VoIP Services Market Value Share Analysis, by Industry Vertical, 2021
Figure 27: Global VoIP Services Market Value Share Analysis, by Industry Vertical, 2031
Figure 28: Global VoIP Services Market Absolute Opportunity (US$ Bn), by IT & Telecom, 2021 – 2031
Figure 29: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031
Figure 31: Global VoIP Services Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031
Figure 32: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Retail, 2021 – 2031
Figure 33: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Hospitality, 2021 – 2031
Figure 34: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Government, 2021 – 2031
Figure 35: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Education, 2021 – 2031
Figure 36: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Manufacturing, 2021 – 2031
Figure 37: Global VoIP Services Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031
Figure 38: Global VoIP Services Market Opportunity (US$ Bn), by Region
Figure 39: Global VoIP Services Market Opportunity Share (%), by Region, 2021–2031
Figure 40: Global VoIP Services Market Size (US$ Bn), by Region, 2021 & 2031
Figure 41: Global VoIP Services Market Value Share Analysis, by Region, 2021
Figure 42: Global VoIP Services Market Value Share Analysis, by Region, 2031
Figure 43: North America VoIP Services Market Absolute Opportunity (US$ Bn), 2021 – 2031
Figure 44: Europe VoIP Services Market Absolute Opportunity (US$ Bn), 2021 – 2031
Figure 45: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), 2021 – 2031
Figure 46: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), 2021 – 2031
Figure 47: South America VoIP Services Market Absolute Opportunity (US$ Bn), 2021 – 2031
Figure 48: North America VoIP Services Revenue Opportunity Share, by Type
Figure 49: North America VoIP Services Revenue Opportunity Share, by Access Type
Figure 50: North America VoIP Services Revenue Opportunity Share, by Call Type
Figure 51: North America VoIP Services Revenue Opportunity Share, by Industry Vertical
Figure 52: North America l VoIP Services Market Value Share Analysis, by Type, 2021
Figure 53: North America VoIP Services Market Value Share Analysis, by Type, 2031
Figure 54: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Session Initiation Protocol (SIP) Trunking, 2021 – 2031
Figure 55: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Hosted IP PBX, 2021 – 2031
Figure 56: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Managed IP PBX, 2021 – 2031
Figure 57: North America VoIP Services Market Value Share Analysis, by Access Type, 2021
Figure 58: North America VoIP Services Market Value Share Analysis, by Access Type, 2031
Figure 59: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Phone to Phone, 2021 – 2031
Figure 60: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Phone, 2021 – 2031
Figure 61: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Computer, 2021 – 2031
Figure 62: North America VoIP Services Market Value Share Analysis, by Call Type, 2021
Figure 63: North America VoIP Services Market Value Share Analysis, by Call Type, 2031
Figure 64: North America VoIP Services Market Absolute Opportunity (US$ Bn), by International VoIP Calls, 2021 – 2031
Figure 65: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Domestic VoIP Calls, 2021 – 2031
Figure 66: North America VoIP Services Market Value Share Analysis, by Industry Vertical, 2021
Figure 67: North America VoIP Services Market Value Share Analysis, by Industry Vertical, 2031
Figure 68: North America VoIP Services Market Absolute Opportunity (US$ Bn), by IT & Telecom, 2021 – 2031
Figure 69: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031
Figure 71: North America VoIP Services Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031
Figure 72: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Retail, 2021 – 2031
Figure 73: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Hospitality, 2021 – 2031
Figure 74: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Government, 2021 – 2031
Figure 75: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Education, 2021 – 2031
Figure 76: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Manufacturing, 2021 – 2031
Figure 77: North America VoIP Services Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031
Figure 78: North America VoIP Services Market Value Share Analysis, by Country, 2021
Figure 79: North America VoIP Services Market Value Share Analysis, by Country, 2031
Figure 80: U.S. VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 81: Canada VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 82: Mexico VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 83: Europe VoIP Services Revenue Opportunity Share, by Type
Figure 84: Europe VoIP Services Revenue Opportunity Share, by Access Type
Figure 85: Europe VoIP Services Revenue Opportunity Share, by Call Type
Figure 86: Europe VoIP Services Revenue Opportunity Share, by Industry Vertical
Figure 87: Europe VoIP Services Market Value Share Analysis, by Type, 2021
Figure 83: Europe VoIP Services Market Value Share Analysis, by Type, 2031
Figure 84: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Session Initiation Protocol (SIP) Trunking, 2021 – 2031
Figure 85: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Hosted IP PBX, 2021 – 2031
Figure 86: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Managed IP PBX, 2021 – 2031
Figure 87: Europe VoIP Services Market Value Share Analysis, by Access Type, 2021
Figure 88: Europe VoIP Services Market Value Share Analysis, by Access Type, 2031
Figure 89: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Phone to Phone, 2021 – 2031
Figure 90: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Phone, 2021 – 2031
Figure 91: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Computer, 2021 – 2031
Figure 92: Europe VoIP Services Market Value Share Analysis, by Call Type, 2021
Figure 93: Europe VoIP Services Market Value Share Analysis, by Call Type, 2021
Figure 94: Europe VoIP Services Market Value Share Analysis, by Call Type, 2031
Figure 95: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by International VoIP Calls, 2021 – 2031
Figure 96: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Domestic VoIP Calls, 2021 – 2031
Figure 97: Europe VoIP Services Market Value Share Analysis, by Industry Vertical, 2021
Figure 98: Europe VoIP Services Market Value Share Analysis, by Industry Vertical, 2031
Figure 99: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by IT & Telecom, 2021 – 2031
Figure 100: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031
Figure 101: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031
Figure 102: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Retail, 2021 – 2031
Figure 103: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Hospitality, 2021 – 2031
Figure 104: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Government, 2021 – 2031
Figure 105: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Education, 2021 – 2031
Figure 106: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Manufacturing, 2021 – 2031
Figure 107: Europe VoIP Services Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031
Figure 108: Europe VoIP Services Market Value Share Analysis, by Country, 2021
Figure 109: Europe VoIP Services Market Value Share Analysis, by Country, 2031
Figure 110: Germany VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 111: U.K. VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 112: France VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 113: Spain VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 114: Italy VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 115: Asia Pacific VoIP Services Revenue Opportunity Share, by Type
Figure 116: Asia Pacific VoIP Services Revenue Opportunity Share, by Access Type
Figure 117: Asia Pacific VoIP Services Revenue Opportunity Share, by Call Type
Figure 118: Asia Pacific VoIP Services Revenue Opportunity Share, by Industry Vertical
Figure 119: Asia Pacific l VoIP Services Market Value Share Analysis, by Type, 2021
Figure 120: Asia Pacific VoIP Services Market Value Share Analysis, by Type, 2031
Figure 121: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Session Initiation Protocol (SIP) Trunking, 2021 – 2031
Figure 122: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Services, 2021 – 2031
Figure 123: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Hosted IP PBX, 2021 – 2031
Figure 124: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Managed IP PBX, 2021 – 2031
Figure 125: Asia Pacific VoIP Services Market Value Share Analysis, by Access Type, 2021
Figure 126: Asia Pacific VoIP Services Market Value Share Analysis, by Access Type, 2031
Figure 127: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Phone to Phone, 2021 – 2031
Figure 128: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Phone, 2021 – 2031
Figure 129: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Computer, 2021 – 2031
Figure 130: Asia Pacific VoIP Services Market Value Share Analysis, by Call Type, 2021
Figure 131: Asia Pacific VoIP Services Market Value Share Analysis, by Call Type, 2031
Figure 132: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by International VoIP Calls, 2021 – 2031
Figure 133: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Domestic VoIP Calls, 2021 – 2031
Figure 134: Asia Pacific VoIP Services Market Value Share Analysis, by Industry Vertical, 2021
Figure 135: Asia Pacific VoIP Services Market Value Share Analysis, by Industry Vertical, 2031
Figure 136: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by IT & Telecom, 2021 – 2031
Figure 137: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031
Figure 138: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by BFSI, 2021 – 2031
Figure 139: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Retail, 2021 – 2031
Figure 140: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Hospitality, 2021 – 2031
Figure 141: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Government, 2021 – 2031
Figure 142: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Education, 2021 – 2031
Figure 143: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Manufacturing, 2021 – 2031
Figure 144: Asia Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031
Figure 145: Asia Pacific VoIP Services Market Value Share Analysis, by Country, 2021
Figure 146: Asia Pacific VoIP Services Market Value Share Analysis, by Country, 2031
Figure 147: China VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 148: India VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 149: Japan VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 150: ASEAN VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 151: Middle East & Africa VoIP Services Revenue Opportunity Share, by Type
Figure 152: Middle East & Africa VoIP Services Revenue Opportunity Share, by Access Type
Figure 153: Middle East & Africa VoIP Services Revenue Opportunity Share, by Call Type
Figure 154: Middle East & Africa VoIP Services Revenue Opportunity Share, by Industry Vertical
Figure 155: Middle East & Africa l VoIP Services Market Value Share Analysis, by Type, 2021
Figure 156: Middle East & Africa VoIP Services Market Value Share Analysis, by Type, 2031
Figure 157: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Session Initiation Protocol (SIP) Trunking, 2021 – 2031
Figure 158: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Hosted IP PBX, 2021 – 2031
Figure 159: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Managed IP PBX, 2021 – 203
Figure 160: Middle East & Africa VoIP Services Market Value Share Analysis, by Access Type, 2021
Figure 161: Middle East & Africa VoIP Services Market Value Share Analysis, by Access Type, 2031
Figure 162: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Phone to Phone, 2021 – 2031
Figure 163: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Phone, 2021 – 2031
Figure 164: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Computer, 2021 – 2031
Figure 165: Middle East & Africa VoIP Services Market Value Share Analysis, by Call Type, 2021
Figure 166: Middle East & Africa VoIP Services Market Value Share Analysis, by Call Type, 2031
Figure 167: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by International VoIP Calls, 2021 – 2031
Figure 168: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Domestic VoIP Calls, 2021 – 2031
Figure 169: Middle East & Africa VoIP Services Market Value Share Analysis, by Industry Vertical, 2021
Figure 170: Middle East & Africa VoIP Services Market Value Share Analysis, by Industry Vertical, 2031
Figure 171: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by IT & Telecom, 2021 – 2031
Figure 172: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031
Figure 173: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by BFSI, 2021 – 2031
Figure 174: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Retail, 2021 – 2031
Figure 175: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Hospitality, 2021 – 2031
Figure 176: Middle Middle East & Africa Pacific VoIP Services Market Absolute Opportunity (US$ Bn), by Government, 2021 – 2031
Figure 178: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Education, 2021 – 2031
Figure 179: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Manufacturing, 2021 – 2031
Figure 180: Middle East & Africa VoIP Services Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031
Figure 181: Middle East & Africa VoIP Services Market Value Share Analysis, by Country, 2021
Figure 182: Middle East & Africa VoIP Services Market Value Share Analysis, by Country, 2031
Figure 183: Saudi Arabia VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 184: U.A.E. VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 185: South Africa VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 186: South America VoIP Services Revenue Opportunity Share, by Type
Figure 187: South America VoIP Services Revenue Opportunity Share, by Access Type
Figure 188: South America VoIP Services Revenue Opportunity Share, by Call Type
Figure 189: South America VoIP Services Revenue Opportunity Share, by Industry Vertical
Figure 190: South America VoIP Services Market Value Share Analysis, by Type, 2021
Figure 191: South America VoIP Services Market Value Share Analysis, by Type, 2031
Figure 192: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Session Initiation Protocol (SIP) Trunking, 2021 – 2031
Figure 193: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Hosted IP PBX, 2021 – 2031
Figure 194: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Managed IP PBX, 2021 – 2031
Figure 195: South America VoIP Services Market Value Share Analysis, by Access Type, 2021
Figure 196: South America VoIP Services Market Value Share Analysis, by Access Type, 2031
Figure 197: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Phone to Phone, 2021 – 2031
Figure 198: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Phone, 2021 – 2031
Figure 199: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Computer to Computer, 2021 – 2031
Figure 200: South America VoIP Services Market Value Share Analysis, by Call Type, 2021
Figure 201: South America VoIP Services Market Value Share Analysis, by Call Type, 2031
Figure 202: South America VoIP Services Market Absolute Opportunity (US$ Bn), by International VoIP Calls, 2021 – 2031
Figure 203: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Domestic VoIP Calls, 2021 – 2031
Figure 204: South America VoIP Services Market Value Share Analysis, by Industry Vertical, 2021
Figure 205: South America VoIP Services Market Value Share Analysis, by Industry Vertical, 2031
Figure 206: South America VoIP Services Market Absolute Opportunity (US$ Bn), by IT & Telecom, 2021 – 2031
Figure 205: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031
Figure 206: South America VoIP Services Market Absolute Opportunity (US$ Bn), by BFSI, 2021 – 2031
Figure 207: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Retail, 2021 – 2031
Figure 208: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Hospitality, 2021 – 2031
Figure 209: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Government, 2021 – 2031
Figure 210: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Education, 2021 – 2031
Figure 211: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Manufacturing, 2021 – 2031
Figure 212: South America VoIP Services Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031
Figure 213: South America VoIP Services Market Value Share Analysis, by Country, 2021
Figure 214: South America VoIP Services Market Value Share Analysis, by Country, 2031
Figure 215: Brazil VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031
Figure 216: Argentina VoIP Services Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031