San Francisco, 31 December 2018: The Report Mobile VoIP Market Analysis By Services (Video And Voice Call, Video Conferencing,
Instant Messaging), By Platform (Android OS, iOS, Windows OS), And Segment
Forecasts To 2024
The global mobile VoIP market is expected to reach USD 145.76 billion by 2024,
according to a new report by Grand View Research, Inc. The transition to
packet-switched networks from circuit switch networks is propelling the growth
of mobile VoIP market.
 |
| Mobile VoIP Market |
The deployment of 4G/LTE is one of the key
drivers boosting the industry growth. The increase in the capability of
wireless bandwidth services and growing investment by telecom operators in the
deployment of a high-speed network is expected to enhance the usage of these
services over the forecast period. Moreover, mobile VoIP service eliminates the
need for voice plans, text add-ons and achieves flexibility in making
unlimited, inexpensive or free calls.
The competition in the mobile VoIP market
is intense as several new service providers are focusing on increasing their
market presence by offering low-cost services enabling the use of
internet-based communication. Mobile VoIP is highly dependent on the reliable
high-speed network. However, limited network speed results in interrupted and
disruptive communication, which is expected to challenge the industry growth
over the forecast period.
Access Research Report of Mobile VoIP Market@ www.grandviewresearch.com/industry-analysis/mobile-voip-market
Further key findings from the report suggest:
· The video conferencing segment is estimated
to grow at a CAGR of over 20% from 2016 to 2024. Need for scalable
communication methods and growing globalization is driving the demand for video
conferencing market. The increasing trend of Bring your Own Device (BYOD) is
also contributing to the demand for video conferencing in the corporate sector.
· The Android OS is estimated to be the
dominating segment and is expected to account for over USD 90 billion by 2024.
The free availability of this OS is attracting creators for developing low-cost
smartphones. Moreover, Android is an open platform, which is enabling
application developers to modify the OS as per their needs thereby, boosting
the demand for Android-based devices.
· The European mobile VoIP industry is
anticipated to remain the largest over the forecast period. The region is
expected to witness significant growth owing to the increasing smartphone users
using instant messaging services such as Facebook and WhatsApp. The number of
monthly active Facebook users in the region increased from 233 million in
September 2015 to 240 million in December 2015.
· Asia Pacific is expected to be the
fastest-growing region, rising at a CAGR of over 23% from 2016 to 2024. Increase
in business activity, small and medium enterprises, and rise in start-ups are
driving the growth in Asia Pacific market.
· Key players in the mobile VoIP market
include Microsoft Corporation, Facebook Inc., and Vonage Holdings Corporation.
The competition in providing VoIP offerings is intense, which is enabling the
service providers to offer differentiated products and services.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/communication-services
Grand View Research has segmented the
mobile VoIP market on the basis of services, platform and region:
Mobile VoIP Services Outlook (Revenue, USD
Billion, 2014 - 2024)
·
Video and voice call
·
Video conferencing
·
Instant messaging
·
Others
Mobile VoIP Platform Outlook (Revenue, USD
Billion, 2014 - 2024)
·
Android OS
·
iOS
·
Windows OS
·
Others
Mobile VoIP Regional Outlook (Revenue, USD
Billion, 2014 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
Mobile VoIP Market@ www.grandviewresearch.com/press-release/global-mobile-voip-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
No comments:
Post a Comment