IP Telephony Market: Global Industry Analysis, Market Size, Share Forecast to 2023

Free Press Release DB | Press Release Date : Apr 17, 2018  Download

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

Market Scenario:
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.

Acknowledging the kind of growth the market is gaining currently demonstrating the growth prospects worldwide, Market Research Future has recently published a study report giving out the complete market insight up to 2023. This study report indicates that the global IP Telephony will expand accruing USD 52 Billion by 2023, at 9 % of a CAGR during 2017 to 2023.

Request a Sample Report @

Predominant factors that drive the market growth include burgeoning e-commerce space, the emergence of web-based solutions and services and growing dependency of enterprises on web-based solutions. Augmenting demand for mobile IP telephony solutions is fostering the market growth to an extent. Moreover, growing uptake of IP telephony solutions particularly in IT and telecommunication industry is fuelling the market growth.

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)

Worldwide IP Telephony Market – Competitive Analysis

The Market of IP Telephony appears to be competitive owing to the presence of numerous well-established players having the international and global presence. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for the leading players. IP Telephony market will witness intensified competition with an increase in R&D innovations and M&A.

Industry/ Innovation/ Related News:
March 26, 2018 – MNF Enterprise (My Net Fone Australia Pty Ltd. - Australia), a notable player, providing hosted communication services to government and enterprises, announced that it has been selected & signed an agreement with the Tasmanian Government to provide telephony and IP-based telecommunication services. The agreement builds on the current supply of voice carriage services as well.

March 25, 2018 – Cisco Systems, Inc. (US) announced that it has refurbished its SPA8000 8-Port IP Telephony Gateway with 1 x RJ-45 – 8 x FXS – Fast Ethernet.

March 28, 2018 – Kyivstar (Ukraine) a mobile network operator company in collaboration with the PUMB Bank launched a project for SMEs to access Kyivstar’s dedicated package of services for business. The package includes IP telephony, the CRM system Bitrix 24, and mobile PBX services.

Access Report Details @

Worldwide IP Telephony Market – 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.

Worldwide IP Telephony Market – 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.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Pune – 411028
Maharashtra, India
Phone: +91 841 198 5042
Mail: sales@marketresearchfuture.com

Contact Person & Company



Rahul Sisodiya



Market Research Future

Contact Numbers

Telephone No.



Fax No.


Handphone No.



Website 1


Go To PR Site

Website 2




PR Tags


Ip Telephony Market, ,


Market Research Future

41102, Pune



Contact The Author

Contact Rahul Sisodiya

More Press Release From Author

Industrial Access Control Market 2018 Global Industry Sales, Supply, Consumption, Analysis and Forecasts to 2023

Free Press Release DB :

Industrial Access Control Market, By Access Type (Physical Access, Electronic Access, Logical Access, Network Access), By Services, By End-User (Automotive and aerospace, Utilities) - Forecast 2023 --> Read This Press Release !

By : Rahul, Sisodiya ( Jun 5, 2018 )
Category : Business Press Release | Country : India Press Release

Wearable Technology Market 2018 Global Key Players Analysis, Opportunities and Growth Forecast to 2022

Free Press Release DB :

Wearable Technology Market, By Product (Wristwear, Headwear & Eyewear, Neckwear, Wearable Cameras), by Technology (Computing, Display, Networking, Sensor), by Components – Forecast to 2022 --> Read This Press Release !

By : Rahul, Sisodiya ( Jun 5, 2018 )
Category : Business Press Release | Country : India Press Release

Global Cloud Robotics Market is estimated to grow by ~29% of CAGR during forecast period 2018-2022

Free Press Release DB :

Global Cloud Robotics Market, by Type (Peer Based, Proxy Based, Clone Based), by Connectivity (Wi-Fi, Bluetooth, 3G, 4G, 5G, RF, Infrared), by Application (Defense, Manufacturing, Retail) - Forecast to 2022 --> Read This Press Release !

By : Rahul, Sisodiya ( Jun 4, 2018 )
Category : Technology Press Release | Country : India Press Release

Read More Articles From Rahul Sisodiya


The author of the press releases are solely responsible for the content of their press releases. Freepressreleasedb.com can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.

Report Abuse