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Allied Market Research

IP Telephony Market by Component Type (Hardware Based, IP Desktop Phones, Audio Conference Phones, DECT Phones, and Softphones), Deployment Type (On-Premise and Cloud), Organizational Size (Small & Medium Enterprise and Large Enterprise), and Industry Vertical (BFSI, Retail, Government, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12276
Pages: NA
Sep 2021 | 72 Views
   
Author(s) : Vineet Kumar
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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IP Telephony Market Statistics - 2030

IP telephony stands for Internet Protocol telephony. IP telephony is a method and group of technologies for the delivery of voice communications and multimedia sessions over Internet Protocol (IP) networks such as the internet. Internet telephony, broadband telephony, and broadband phone service specifically refer to the provisioning of communications services (voice, fax, SMS, voice-messaging) over public internet, rather than public switched telephone network (PSTN), also known as plain old telephone service (POTS).

Market Scope and Structure Analysis

Report Matric

Details

  Market Size Available for Years

  2020-2030

  Base Year Considered

  2020

  Forecast Period

  2021-2030

  Forecast Unit

  Value (USD)

  Segments Covered

Component Type, Deployment Type, Organizational Size, Industry Vertical, and Region

  Regions Covered

  • North America (the U.S. and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

  • Ascom Holding AG, Avaya Inc., Cisco Systems, Inc., Gigaset AG, LG Electronics Inc., Mitel Networks Corporation, Panasonic Corporation, Polycom, Inc., Yealink Network Tech., Corporation Ltd., NEC Corporation.

 

Impact of COVID-19 on IP Telephony Market:

  • When the COVID-19 disease began to spread around the world, millions of people worldwide were infected. Except for medical supplies and life support products industries, most industries have been greatly impacted along with IP telephony industries.
  • It is expected that the U.S. IP market growth is slowing down, due to which ICT spending in major economies, such as the U.S., has declined in the first half of 2021, but it is expected to recover in the second half.
  • The outbreak of COVID-19 has negatively impacted many aspects such as flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted, massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
  • Furthermore, the latest research report includes the detailed information about major players and provides the data regarding the current market scenario as well as upcoming market opportunities or challenges.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

There is increase in adoption of IP telephony, owing to various enhanced features such as high-tech technology, contact centers, voice mails, and call routing. These advantages are among some of the key factors expected to drive the growth of the global IP telephony market. Compared to traditional phone systems, IP telephony systems are more portable and enable easier transfer of data over the network with the help of application and hardware support. In addition, easy handling, lower cost, enhanced technology, and better productivity have resulted in high adoption of IP telephony in businesses for communication purposes.

Growth in adoption IP telephony

The growing IP telephony market is expected to create various opportunities in the coming years for companies and industrialists to grow their business or organizations. Further, high demand is expected in future for components of various software such as DHCP, SIP, TCP/IP, DNS, and others. However, the demand from General Data Protection Regulation (GDPR) in the desktop IP can be challenging for the global market.

Growth in the IP phones market

The cost effectiveness of IP telephony is a major driving factor for the global IP telephony market growth. In addition, the global IP phones market growth is increasing due to rising competition among internet service providers and telecommunication service providers within the industrial sector.

Key Segments Covered

Segment

Sub-segment

  Component Type

  • Hardware Based
  • IP Desktop Phones
  • Audio Conference Phones
  • DECT Phones
  • Softphone
  • Services  

  Deployment Type

  • On–premise
  • Cloud  

  Organizational Size  

  • Small & Medium Enterprise
  • Large Enterprise

  Industry Vertical  

  • BFSI
  • Retail  
  • Government  
  • Healthcare    
  • Others

 

Key Benefits of the Report 

  • This study presents the analytical depiction of the global IP telephony market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global IP telephony market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the global IP telephony market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides detailed IP telephony market analysis depending on competitive intensity and how the competition will take shape in the coming years. 

Questions Answered in the IP Telephony Market Research Report

  • Which are the leading market players active in the IP telephony market?
  • What are the detailed impacts of COVID-19 on the market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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