Published Thu, Dec 6th 2018
The Insight partners has announced the addition of the IP Telephony Market 2025 - Global Analysis and Forecasts by Functions, Size, Trends, Share, Technology, Status and Opportunities, Application report to their offering.
The "Global IP Telephony Market Analysis to 2025" is a specialized and in-depth study of the IP telephony industry with a focus on the global market trend. The report aims to provide an overview of global IP telephony market with detailed market segmentation by components, verticals and geography. The global IP telephony market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Instead of traditional circuit-switched connection PSTN (Public Switched Telephone Network), IP Telephony exchanges voice, fax, SMS and video packets using packet switching over internet protocol. In order to use IP Telephony hassle free, it is necessary to have VoIP (Voice over IP). Various scenarios for using IP Telephony systems according to terminal equipment and types of network include PC to PC, Phone to Phone over IP and PC to Phone or Phone to PC.
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Some of the key players influencing the market are Cisco Systems, Ascom, Polycom, Inc., Grandstream Networks, Inc., Yealink Inc., Snom Technology GmbH., Mitel LLC., Panasonic Corporation, Gigaset Communications and Ericsson-LG Enterprise Co., Ltd. (iPECS) among others.
Increasing usage of internet, cloud infrastructure, cost effectiveness, ease of installation and configuration are the major drivers of IP Telephony market. However, the lack of awareness about IP telephony service act as a restraining factor for the global market. The advantage of better service than conventional telephone network and increasing IP telephony service providers across the globe, are expected to create ample opportunities for the market during the forecast period. Instant messaging, video conferencing are the future trend for this market.
As leading companies in IP Telephony Market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
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Also, key IP telephony market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, financial information of last 3 years, key development in past five years.
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