USD 4.83 Bn growth expected in VoIP Market in the UK | Increasing Number of Mobile Computing Devices to Boost Growth | Technavio – PRNewswire

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The degree of fragmentation in the market is expected to increase over the forecast period. Ascom Holding AG, Avaya Holdings Corp., Cisco Systems Inc., Exponential-e Ltd., Microsoft Corp., Mitel Networks Corp., NEC Corp., Panasonic Corp., Toshiba Corp., and Yealink Network Technology Co. Ltd are some of the major players listed in the report.

The increasing number of mobile computing devices and high operational flexibility will offer immense growth opportunities for market players. However, signaling issues and unfavorable regulatory policies will challenge the growth opportunities in the market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

VoIP Market in UK 2022-2026: Segmentation

VoIP Market in UK is segmented as below:

  • Type
    • International VoIP Calls
    • Domestic VoIP Calls
  • Access
    • Computer To Phone
    • Computer To Computer
    • Phone To Phone

By type, the market observed maximum growth in the international VoIP calls segment in 2021. The segment is driven by the availability of high-quality global IP calling features at lower prices compared to traditional carrier rates. Also, increased collaborations among vendors of VoIP services are fostering the growth of the segment.

By access, the computer to phone segment generated maximum revenue in the market in 2021. The rising adoption of computers has been crucial in the growth of the segment. In addition, the rising adoption of work-from-home and stay-at-home practices are contributing to the growth of the segment.

Download our Free Sample for highlights on major revenue-generating segments in the VoIP market.

VoIP Market in UK 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.

This study identifies the high adoption of BYOD policy as one of the prime reasons driving the VoIP market growth in UK during the next few years.

VoIP Market in UK 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the VoIP Market in UK. Backed with competitive intelligence and benchmarking, our research report on the VoIP Market in UK is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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VoIP Market in UK 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist VoIP market growth in UK during the next five years
  • Estimation of the VoIP market size in UK and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the VoIP market in UK
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of VoIP market vendors in UK

Related Reports:
Power Over Ethernet Market by Type and Geography – Forecast and Analysis 2022-2026

IP Multimedia Subsystem Market by Component and Geography – Forecast and Analysis 2022-2026

VoIP Market in UK Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.08%

Market growth 2022-2026

$ 4.83 billion

Market structure

Fragmented

YoY growth (%)

5.99

Regional analysis

UK

Performing market contribution

UK at 100%

Key consumer countries

UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ascom Holding AG, Avaya Holdings Corp., Cisco Systems Inc., Exponential-e Ltd., Microsoft Corp., Mitel Networks Corp., NEC Corp., Panasonic Corp., Toshiba Corp., and Yealink Network Technology Co. Ltd

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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