Mobile VoIP Market Increasing Demand, Growth Analysis and Future Outlook by 2031


Posted August 5, 2024 by Tan8121

Global mobile VoIP market is anticipated to grow at a significant CAGR of 10.4% during the forecast period (2024-2031).

 
Global mobile VoIP market is anticipated to grow at a significant CAGR of 10.4% during the forecast period (2024-2031). The increase in the penetration of smartphones is fueling the growth of the mobile VoIP market. Smartphone manufacturers are developing devices that are compatible with VoIP services. The market is expanding as a result of the surge in demand for mobile VoIP among businesses seeking to replace traditional networking services and provide greater bandwidth communication networks among industries. Also, a web-enabled ecosystem has been developed as a result of the adoption of smart technologies across smart devices. High-speed internet also encourages consumers to buy smart and connected items, and the market for mobile VoIP services is being further stimulated by the widespread use of high-speed network infrastructures and falling data rates. To offer more interoperability with mobile VoIP services, numerous smartphone manufacturers are also releasing innovative product variations with increased capabilities, such as augmented reality, flexible screens, holographic displays, etc.

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In addition, the demand for laptops, tablets, smartphones, and other BYOD devices is rising, and high-speed network connections are becoming more widespread. The market is expected to rise as a result of technological advancements in wireless communication, including general packet radio service (GPRS) & Wi-Fi and worldwide interoperability for microwave access (WiMAX). For instance, a recent IJECE study found that WhatsApp, Viber, and Telegram are the most popular instant messaging apps. Even WhatsApp, which Facebook purchased, had a sizable user base and several integrated features, such as the ability to make free phone calls and send texts without a subscription, as well as an open-source platform that is free of adverts and offers users a safe, speedy interface. Hence, driving the mobile VOIP market's revenue.

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- 

o             By Operating System

o             By Model

o             By Service

Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Competitive Landscape- Citrix Systems Inc., Meta Inc., Microsoft Corp., and Vonage America, LLC, among others.

Key questions addressed by the report.

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Mobile VoIP Market Report Segment

By Operating System

Android OS
iOS

By Service

Freemium Model
Premium Model
Enterprise Model

By Service

Video and Voice Call
Video Conferencing
Instant Messaging

A full report of Mobile VoIP Market available @ https://www.omrglobal.com/industry-reports/mobile-voip-market

Mobile VoIP Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Cisco Systems, Inc.
Citrix Systems Inc.
Grasshopper
Kakao Corp.
LY Corp.
Mitel Networks Corp.
One Horizon Group.


Rakuten Group, Inc.
Ribbon Communications Operating Company, Inc
Tata Communications.
T?Mobile USA, Inc.
Viber Media S.àr.l.

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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Contact Person: Mr. Anurag Tiwari

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https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f
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Last Updated August 5, 2024