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
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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.
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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