Published Date: 21-Feb-2023
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According to a new report, published by KBV research, The Global Mobile VoIP Market size is expected to reach $165.3 billion by 2028, rising at a market growth of 19.5% CAGR during the forecast period.
The iOS segment is showcasing a CAGR of 20% during (2022 - 2028). Due to the increasing popularity of Apple goods, significant growth for iOS is predicted, which also propels the segment's expansion. The proliferation of iOS devices is further aided by the rising demand for high-end smartphones. Additionally, the business is concentrating on a number of initiatives to revive the development of iOS devices. For instance, Apple stated that it would establish a center in India to promote the creation of applications for the iOS operating system, which runs its mobile devices like the iPad and iPhone.
The Premium segment acquired maximum revenue share in the Global Mobile VoIP Market by Model in 2021 thereby, achieving a market value of $92.4 billion by 2028. The premium model offers customers who primarily utilize mobile VoIP for communication high-quality communication services. Business apps like telemarketing, sales support, and customer engagement software can all use the premium model. This model provides services with high call volume, multilingual support, and the ability to manage several calls each day. All these factors promote the development of the premium model segment.
The Screen Sharing segment has shown the growth rate of 19.8% during (2022 - 2028). Using a specialized application made just for this purpose, screen sharing mobile VoIP allows two or more people to quickly view their desktops from anywhere in the world using any internet-connected devices such as tablets, smartphones, computers, etc. It offers a simple alternative to email attachments and storage media like CDs and USBs for moving files between computers. The screen sharing program offers a wide range of functions, including file transfer (both directions), group chats, voice over video calls, and more.
The North America market dominated the Global Mobile VoIP Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $57 billion by 2028.The Europe market is exhibiting a CAGR of 19% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 20.3% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/mobile-voip-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., Microsoft Corporation, Rakuten group, Inc., Meta Platforms, Inc., Zoom Video Communications, Inc., 8x8, Inc., Citrix Systems, Inc. (Cloud Software Group, Inc.), Ribbon Communications, Inc., 3CX Phone System, and Mitel Networks Corporation.
By Operating System
Unique Offerings from KBV Research
North America Mobile VoIP Market Future Scope & Opportunities 2022-2028
Europe Mobile VoIP Market Size & Growth Forecast 2022-2028
Asia Pacific Mobile VoIP Market Size, Share & Industry Outlook to 2028
LAMEA Mobile VoIP Market Growth, Trends & Forecasts 2022-2028