Global VoIP Services Market Analysis and Forecast 2015 - 2021

By: Persistence Market Research Pvt. Ltd  06/10/2015
Keywords: VoIP Services Market

Voice over Internet Protocol (VoIP) is a methodology which uses various technologies to provide communication services over a packet switched network (IP data network). The VoIP services convert the voice signals into digital signals that are carried over the IP based network. The call could be done on a regular telephone, VoIP phone, computer or mobile phone. VoIP services are implemented using various protocols such as H.323, Session Initiation Protocol (SIP), Inter Asterisk eXchange (IAX), Real Time Protocol (RTP), and Media Gateway Control Protocol (MGCP), among others. The major advantage of VoIP service is its price performance. VoIP is capable of providing rich media services and phone number portability. Additionally, VoIP is capable of offering features such as service mobility, integrated applications, user control interface and other rich features. VoIP services are easy to install, use and troubleshoot. The VoIP services finds its application across end-use segments such as residential (consumer market), mobile network providers and corporate. Buy Full Report: BYOD trend and demand for mobility is leading to growth of smart devices in the market and hence increasing the growth of VoIP services across the globe. Additionally, technological advancement has enabled the network operators to enhance their infrastructure and use of VoIP on these networks has increased over the past few years. Further, business consumers are adopting the cloud based hosted business solutions which are cost effective and offer high quality of service. Moreover, the companies such as Verizon and AT&T are diversifying their offering by getting into the market with their products such as AT&T call vantage.

Keywords: VoIP Services Market

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