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IP Telephony Market Report- Forecast 2023

IP Telephony Market Report-Forecast 2023

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IP Telephony Market Report- Forecast 2023

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IP Telephony Market Report- Forecast 2023

Summary IP Telephony systems, evolving rapidly have already secured an important place in the day to day operations of the modern set-ups. Efficiently providing better connectivity and availing phone calls at much-reduced cost, these systems have become the first choice for international calls across organizations. Also, the mobility feature IP systems offer that allow users to communicate practically from anywhere is liked & appreciated by many. Ease of installation & configuration, are add-on advantageous features of IP Telephony Market, that support its popularity to widen further & its uptake worldwide. Owing to these factors, IP Telephony systems are garnering momentum that is accelerating its market growth allowing these systems to garner prominence on the global platform.

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IP Telephony Market Report- Forecast 2023

Major Key Players: Avaya Inc. (US), Ascom Holding AG (Switzerland), Cisco Systems, Inc. (US), LG Electronics Inc. (South Korea), Gigaset Communications (Germany), Mitel Networks Corporation (Canada), Polycom Inc. (U.S.), Panasonic Corporation (Japan), Yealink Inc. (China), Grandstream Networks, Inc. (U.S.) and NEC Corporation (Japan)

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IP Telephony Market Report- Forecast 2023

Segmentation: For the convenience of the report and enhanced understanding; MRFR Analysis Global IP Telephony Market is been segmented into 5 key dynamics; By Components

: Comprises Hardware (IP desktop phones, audio conference

phones, and DECT phones), Service (managed services and professional services) By Organization Size : Small, Medium & Large Enterprises. By Connectivity

: Wired & Wireless

By Verticals

: Healthcare, Manufacturing, IT & Telecommunication, Retail,

Government and BFSI among others. By Regions

: North America, Europe, APAC and Rest of the World.

The Segment Large Enterprises is predicted to account for the largest market share, attributing to the significant shift to the cost-effective voice over IP applications. While the segment SMEs will be growing at the significant rate during the review period attributing to the better scalability & cost benefits the IP telephony provides over traditional calling features.

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IP Telephony Market Report- Forecast 2023

Regional Analysis: North America market dominates the global IP Telephony market with the largest market share; followed by the Europe and Asia Pacific regions respectively. Augmenting uptake of IP telephony solutions coupled with the technological advancements transpired mainly in Canada & the US drives the regional market growth. The region is likely to continue its dominance during the review period. Furthermore, availability of the well-established infrastructure, that enables faster implementation of advanced technologies along with the major uptake of these solutions across different industry verticals such as healthcare, retail, BFSI, to name a few, provide large impetus to the regional market growth.

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IP Telephony Market Report- Forecast 2023

(Germany) are focusing on the digital utilities transformation. P a g e |7

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Ip telephony market 3  

IP Telephony Market 2017-2023 is Trending with CAGR of 9% by, Top Key Players: Avaya, Ascom Holding, Cisco Systems, LG Electronics, Gigaset...

Ip telephony market 3  

IP Telephony Market 2017-2023 is Trending with CAGR of 9% by, Top Key Players: Avaya, Ascom Holding, Cisco Systems, LG Electronics, Gigaset...

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