Exploring the VoIP Services Industry A Comprehensive Analysis
Market Report (4 weeks) I 2025-07-01 I MarketsandMarkets
VoIP services enable voice or multi-media communication by using the Internet, substituting traditional networks. VoIP allows users to make calls using broadband connections, offering a more cost-effective and flexible alternative to conventional telephony. Its main applications include voice calls and videoconferencing, apart from messaging, making it fit for present communication demands. VoIP services are significantly used in the IT and telecom, BFSI, healthcare, education, retail, and government sectors.
Business organizations use VoIP to improve internal and external communications mainly because of the growing remote and hybrid working environments. Hospitality and automotive industries depend on VoIP to optimize customer support and smooth processes. Leading companies in the VoIP market include Microsoft (Teams), Cisco (Webex), Zoom, RingCentral, Vonage, and 8x8, offering scalable and feature-rich solutions. The growth of VoIP services is driven by rising demand for cost-efficient communication, expanding cloud-based solutions, and advancements in 5G and broadband infrastructure.
Driving Factors And Opportunities
Increasing adoption of cloud-based communication solutions: Businesses are switching from their traditional phone system to a cloud-hosted VoIP platform, which saves cost and is scalable and flexible. This cloud-based VoIP eliminates expensive hardware and maintenance, making it suitable for SMEs and large organizations. More importantly, improvement in the 5G network with high-speed broadband has upgraded the performance of VoIP so that it can provide higher-quality communications with better audio and video capabilities. The rise in remote and hybrid work environments furthers the demand for VoIP as a reliable communication solution.
The growing integration of Artificial Intelligence (AI): AI-enabled features like real-time transcription, voice recognition, call analytics, and virtual assistants are expected to make VoIP systems more efficient and functional. Businesses can use such tools to automate customer support, enhance the quality of calls, and offer customized user experiences. Furthermore, VoIP providers can expand their services through seamless multi-channel communication with the rise of IoT devices and UCaaS. With the continued digital transformation by organizations, AI-driven innovations in VoIP are expected to open massive opportunities to meet changing communication needs around the world.
1.Introduction
1.1.Study Objectives
1.2.Market Definition and Scope
1.2.1.Inclusions and Exclusions
1.3.Study Scope
1.3.1.Markets Covered
1.3.2.Geographic Segmentation
1.3.3.Years Considered for the study
1.4.Currency
1.5.Limitations
1.6.Stakeholders
2.Research Methodology
2.1.Research Data
2.1.1.Secondary Data
2.1.1.1.Major Secondary Sources
2.1.1.2.Key Data from Secondary Sources
2.1.2.Primary Data
2.1.2.1.Primary Interviews with Experts
2.1.2.2.Key Data from Primary Sources
2.1.2.3.Key Industry Insights
2.1.2.4.Breakdown of Primaries
2.2.Market Size Estimation
2.2.1.Bottom-Up Approach
2.2.1.1.Approach for Capturing Market Share by Bottom-Up Analysis (Demand Side)
2.2.2.Top-Down Approach
2.2.2.1.Approach for Capturing Market Share by Top-Down Analysis (Supply Side)
2.3.Market Breakdown and Data Triangulation
2.4.Research Assumptions
2.5.Risk Assessment
2.6.Assumptions of Recession
2.7.Limitations of Research
3.Executive Summary
4.Premium Insights
5.Market Overview
5.1.Introduction
5.2.Market Dynamics
5.3.Trends/Disruptions Impacting Customer's Business
5.4.Pricing Analysis
5.4.1.Average Selling Price Trend of Key Players, By Type
5.4.2.Average Selling Price Trend, By Region
5.5.Value Chain Analysis
5.6.Ecosystem Analysis
5.7.Investment and Funding Scenario
5.8.Funding, By Application
5.9.Technology Analysis
5.9.1.Key Technology
5.9.1.1.Session Initiation Protocol
5.9.2.Complementary Technology
5.9.2.1.5G Networks
5.9.3.Adjacent Technology
5.9.3.1.Cloud Computing
5.10.Patent Analysis
5.11.Trade Analysis
5.12.Key Conferences and Events (2024-2025)
5.13.Case Study Analysis
5.14.Tariff and Regulatory Landscape
5.14.1.Regulatory Bodies, Government Agencies, and Other Organizations
5.14.2.Key Regulations
5.15.Porters Five Force Analysis
5.15.1.Threat from New Entrants
5.15.2.Threat of Substitutes
5.15.3.Bargaining Power of Suppliers
5.15.4.Bargaining Power of Buyers
5.15.5.Intensity of Competitive Rivalry
5.16.Key Stakeholders and Buying Criteria
5.16.1.Key Stakeholders in Buying Process
5.16.2.Buying Criteria
5.17.Impact of AI on VOIP Services Industry
6.VOIP Services Industry, By Type
6.1.Introduction
6.2.Hosted VoIP
6.3.On-premise VoIP
6.4.Managed IP PBX
7.VOIP Services Industry, By Configuration
7.1.Introduction
7.2.Phone-to-Phone
7.3.Computer-to-Phone
7.4.Mobile VoIP
8.VOIP Services Industry, By Vertical
8.1.Introduction
8.2.BFSI
8.3.IT & Telecom
8.4.Healthcare
8.5.Media & Entertainment
8.6.Retail & ecommerce
8.7.Hospitality
8.8.Others
9.VOIP Services Industry, By Region
9.1.Introduction
9.2.North America
9.2.1.Macro-Economic Outlook
9.2.2.US
9.2.3.Canada
9.2.4.Mexico
9.3.Europe
9.3.1.Macro-Economic Outlook
9.3.2.UK
9.3.3.Germany
9.3.4.France
9.3.5.Italy
9.3.6.Rest of Europe
9.4.Asia Pacific
9.4.1.Macro-Economic Outlook
9.4.2.China
9.4.3.Japan
9.4.4.South Korea
9.4.5.India
9.4.6.Rest of Asia Pacific
9.5.RoW
9.5.1.Macro-Economic Outlook
9.5.2.Middle East
9.5.2.1.GCC Countries
9.5.2.2.Rest of Middle East
9.5.3.Africa
9.5.4.South America
10.VOIP Services Industry, Competitive Landscape
10.1.Revenue Analysis
10.2.Market Share Analysis
10.3.Company Valuation and Financial Metrics
10.4.Brand/Product Comparison
10.5.Company Evaluation Matrix: Key Players, 2023
10.5.1.Stars
10.5.2.Emerging Leaders
10.5.3.Pervasive Players
10.5.4.Participants
10.5.5.Company Footprint: Key Players, 2023
10.5.5.1.Company Footprint
10.5.5.2.Region Footprint
10.5.5.3.Type Footprint
10.5.5.4.Configuration Footprint
10.5.5.5.Vertical Footprint
10.6.Company Evaluation Matrix: Startups/SMEs, 2023
10.6.1.Progressive Companies
10.6.2.Responsive Companies
10.6.3.Dynamic Companies
10.6.4.Starting Blocks
10.6.5.Competitive Benchmarking: Startups/SMEs, 2023
10.6.5.1.Detailed List of Key Startups/SMEs
10.6.5.2.Competitive Benchmarking of Key Startups/SMEs
10.7.Competitive Situation and Trends
11.VOIP Services Industry, Company Profiles
11.1.Key Players
11.1.1.Microsoft
11.1.2.Cisco
11.1.3.Nextiva
11.1.4.Dialpad
11.1.5.Ooma office
11.1.6.GoTo Connect
11.1.7.Zoom Corporation
11.1.8.OpenPhone
11.1.9.Aircall
11.1.10.8x8, Inc.
11.2.Other Players
12.Appendix
12.1.Discussion Guide
12.2.Knowledge Store: MarketsandMarkets' Subscription Portal
12.3.Available Customizations
12.4.Related Reports
12.5.Author Details
13.Note 1: The above list of companies is tentative and might change during the due course of research.
14.Note 2: The current table of contents is tentative and is subject to change as we progress with our research.
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.