Internet Protocol (IP) Telephony Market, Global Outlook and Forecast 2024-2031
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. The terms Internet telephony, broadband telephony, and broadband phone service specifically refer to the provisioning of communications services (voice, fax, SMS, voice-messaging) over the public Internet, rather than via the public switched telephone network (PSTN), also known as plain old telephone service (POTS).
This report aims to provide a comprehensive presentation of the global market for Internet Protocol (IP) Telephony, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet Protocol (IP) Telephony. This report contains market size and forecasts of Internet Protocol (IP) Telephony in global, including the following market information:
Global Internet Protocol (IP) Telephony Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Internet Protocol (IP) Telephony market was valued at US$ 2841.1 million in 2023 and is projected to reach US$ 3486.3 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key players of global IP Telephony market includes Cisco, Avaya, Mitel, Polycom, Alcatel-Lucent and so on. In 2019, the top 5 companies accounted for a total market share of about 50%, among which Cisco is in the dominating position, with occupying nearly 13% of global market.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Internet Protocol (IP) Telephony companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Internet Protocol (IP) Telephony Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Internet Protocol (IP) Telephony Market Segment Percentages, by Type, 2023 (%)
Softphones
Hardware Based
Services
Global Internet Protocol (IP) Telephony Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Internet Protocol (IP) Telephony Market Segment Percentages, by Application, 2023 (%)
BFSI
Retail
Healthcare
Organizations
Government
Other
Global Internet Protocol (IP) Telephony Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Internet Protocol (IP) Telephony Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Internet Protocol (IP) Telephony revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Internet Protocol (IP) Telephony revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Gigaset Communications
Cisco Systems
LG Electronics.
Polycom
Ascom Holding AG
Yealink Inc.
Avaya Inc.
Mitel Networks Corporation
Panasonic Corporation
NEC Corporation and Grandstream Networks
Outline of Major Chapters:
Chapter 1: Introduces the definition of Internet Protocol (IP) Telephony, market overview.
Chapter 2: Global Internet Protocol (IP) Telephony market size in revenue.
Chapter 3: Detailed analysis of Internet Protocol (IP) Telephony company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Internet Protocol (IP) Telephony in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
