IP Telephony Market Analysis, Trends, and Scope 2024 to 2031
IP Telephony Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 29.65 Billion |
Market Size by 2031 | US$ 85.16 Billion |
Global CAGR (2023 - 2031) | 14.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
IP Telephony Market News and Recent Developments
The IP telephony market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the IP telephony market are listed below:
- Broadvoice—a hosted voice, unified communications, and SIP trunking services provider—won the 2022 Internet Telephony Product of the Year award. For the past 23 years, the award has honored and acknowledged VoIP and IP communication products and services.
(Source: Broadvoice, Press Release, March 2022)
- Pure IP offers global voice communications for enterprises. It is now accessible via the Zoom Phone Provider Exchange system. Customers will have greater freedom with this program. It will preserve Pure IP while utilizing its telecommunications network in other places.
(Source: Pure IP, Press Release, April 2023)
IP Telephony Market Report Coverage and Deliverables
The "IP Telephony Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- IP telephony market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- IP telephony market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- IP telephony market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the IP telephony market
- Detailed company profiles