Latest Report Forecast the Global VoIP Services Market to Grow at a CAGR of 9.87% during the Period 2017-2021
Albany, New York, January 14, 2017: Market Research Hub (MRH) has recently announced the addition of a fresh report, titled “Global VoIP Services Market 2017-2021” to its report offerings. The report covers the present scenario and the growth prospects of the global VoIP services market for 2017-2021.
To calculate the market size, the report considers the revenue generated by VoIP service providers and connectivity service providers for offering VoIP services suites. Technavios analysts forecast the global VoIP services market to grow at a CAGR of 9.87% during the period 2017-2021.
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VoIP functions on broadband networks using packet switched telephone networks (PSTNs), unlike traditional calls on circuit switched networks. PSTNs are more efficient than legacy systems (circuited switched networks), and information can be routed in packets over optimized paths. VoIP allows IP calls over mobile networks (3G/LTE) or fixed networks, such as wireless hotspots, Wi-Fi, and worldwide interoperability for microwave access (WiMAX) networks.
VoIP bypasses the originating mobile carrier’s telephony network and allows inexpensive calls on mobiles through the ISP networks. It also offers low-cost international calls, and roaming calls, without the need for extensive infrastructures such as PCs and DSL modems.
Technavio’s report, Global VoIP Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Microsoft Skype
- Viber Media
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Global VoIP Services Market Report’s table of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by call type
Market size and forecast
Read Full Report with TOC:
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