Market Research Future (MRFR), in its latest report
on the Global Mobile VOIP Market 2020, reveals different
cause that can support or restrain the market rise. MRFR also studied the
impact of COVID 19 pandemic on the mobile VOIP market and details it in the
report. As per MRFR analysis, the mobile VOIP market can rise at 12.2% CAGR
across the review period. By 2025, the mobile VOIP market value can touch at
USD 58.21 Bn by 2025. The increase in the application of Mobile VOIP due to its
efficient and affordable communicate solutions availed through mobile devices,
such as tablets and including smartphones can prompt the expansion of the
mobile VOIP market in the review period.
Mobile VOIP can work effectively with mobile devices
that support 4G, 3G, GSM and other internet services to support communicate
seamlessly. The increase in the awareness about benefits of mobile VOIP and
their ability to provide lower cost video conferencing, calling, and texting
solutions can impel the growth of the mobile VOIP market through the analysis
period. Rise in digital data transmission frequency and the rapid rate of data
transfer supported by mobile VOIP can prompt the expansion of the market in the
years ahead.
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Market Segment
The segment analysis of the global Mobile VOIP
Market is done by Type, Vertical, Service Type, and Organization Size.
The service type based segment of the VOIP market
are instant messaging, voice, and video. The Voice service segment can account
for the share of the global market through the analysis period in the years to
come. The video service segment can rise at the highest CAGR across the review
period. The increase in need for Video services such as video collaboration and
conferencing among reputed enterprises can contribute to the expansion of the
VOIP market across the review period.
The OS type based segments of the mobile VOIP market
are Windows, Android, iOS, and others. The Android segment can contribution to
the increase in the revenue generation for the expansion of the worldwide
market of mobile VOIP. The rise in android smartphone utility can also promote
the expansion of the mobile VOIP market in the near future.
The user type based segments of the mobile VOIP
market are enterprises and individuals. The Enterprise segment is expected to
hold the larger market share. Growing need to have a cost-effective and smooth communication
among enterprises is expected to drive the mobile VOIP service among them in
the coming years.
Regional Analysis
The increase in the deployment of mobile VOIP due to
rise in the awareness about nominal roaming charges, low incoming call charges,
and unlimited messaging among others can boost the expansion of the mobile VOIP
market in APAC across the review period. The increase in the mobile VOIP
services and mobile VOIP software installation can impel the expansion of the
market in the years to come. The essential apps supported by VOIP phone service
providers can also gain traction across the review period that can aid APAC
Mobile VOIP market. The high rate of adoption of mobile VIOP by individual and
enterprises can impel the expansion of the regional market. In Europe, the
increase in the installation of mobile VIOP can boost the regional market rise.
Similar growth boosters are observed for the mobile VIOP market in North
America
Companies Covered
Vonage, Rebtel, Microsoft Corporation, 3CX, VoIP
Office, Facebook Inc., CommPeak Limited, 8x8, Inc., Tata Communications,
RingCentral, Inc., Nextiva, Phone Power, and Junction Networks are some reputed
names in the Global Mobile VOIP Market as listed by MRFR.
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