New York, NY -- (SBWire) -- 02/13/2019 --VoIP functions on broadband networks using packet switched telephone networks (PSTNs), unlike traditional calls on circuit switched networks. PSTNs are more efficient than legacy systems (circuited switched networks), and information can be routed in packets over optimized paths. VoIP allows IP calls over mobile networks (3G/LTE) or fixed networks, such as wireless hotspots, Wi-Fi, and worldwide interoperability for microwave access (WiMAX) networks. VoIP bypasses the originating mobile carrier's telephony network and allows inexpensive calls on mobiles through the ISP networks. It also offers low-cost international calls, and roaming calls, without the need for extensive infrastructures such as PCs and DSL modems.
A large number of consumers are still apprehensive about the use of voice communication over internet bandwidth on account of data privacy and security concerns. This is anticipated to restrict the adoption of VoIP services. In addition to this senior citizens are not used to voice communication over the internet and find it more comfortable to make use of analog telephone lines for voice communication. This is expected to limit the growth of the VIP Services Market. In addition to this, senior citizens are also apprehensive about the quality of communication over internet bandwidth and refrain from upgrading themselves to the latest technology and continue to make use of and love telephone lines for voice communication.
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In 2018, the global Business VoIP Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Business VoIP Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Business VoIP Services development in United States, Europe and China.
The key players covered in this study
AT&T
RingCentral
8x8
Vonage Business
Intermedia
Mitel
Fonality
Citrix
Dialpad
ShoreTel
Microsoft Skype
Nextiva
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Market segment by Type, the product can be split into
One-Piece-Ball
Two-Piece-Ball
Three-Piece-Ball
Others
Market segment by Application, split into
Commercial
Personal
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Business VoIP Services status, future forecast, growth opportunity, key market and key players.
To present the Business VoIP Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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In this study, the years considered to estimate the market size of Business VoIP Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Global Business VoIP Services Market by Type and Application, Manufacturers, Regions & Forecast to 2025 - RingCentral, AT&T, Mitel
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