VoIP Services Market Research Scope, Industry Chain
Analysis & Opportunities 2018 to 2026
Voice over Internet Protocol Services Market study provides key insights
about market drivers, restraints, opportunities, new product launches or
approval, regional outlook, and competitive strategies adopted by the
leading players.
The Voice over Internet Protocol Services is a communication platform that permits user to
make calls over internet connection instead of conventional analog telephone lines. Increasing
trend of bring your own device is one of the major factor for growth of the market. Most of the
companies have implemented this services, owing to advantages such as employees
satisfaction, increasing productivity, and cost saving. Furthermore, constant changes in work
location and time zone barriers have increased the demand for BYOD trend in the organizations.
BYOD allows for greater flexibility in working across borders, especially for people working on
the go.
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Increasing trend of mobile-based VoIP services such as WhatsApp, Line, Viber and Skype, in
conjugation with increasing penetration of smartphones plays a major role in the growth of the
mobile based VoIP market. According to Coherent Market Insights, in 2017, around 2.3 billion
people were using smartphone. However, lack of established internet infrastructure, especially