The “Voice over Internet Protocol (VoIP) Market to 2025 - Global Analysis and Forecasts by Configuration, Call type and End-users” report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments.
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The increase in demand for technological development in network structures, mobile communication and high performance ratio is the key driver for the rising demand for the global VoIP services market. Rising bring your own device (BYOD) popularity coupled with diversification of telecom service providers to VoIP services is expected to drive the global VoIP services market in the near future. Furthermore, the global VoIP services market is motivated by technological advancements. The use of portable devices such as tablets and smartphones has also led to the growth of global VoIP market. VoIP services are economical for both individual and corporate customers. Moreover, VoIP services helps the corporate customers to save the operational cost that is spent on acquiring the traditional communication services. Due to packaged service offerings and cost efficiency, business customers are opting for cloud based VoIP services. Also, telecommunication companies are offering VoIP services their customers constantly, creating a demand for global VoIP market.
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The global VoIP services market is segmented by configuration into computer to computer, phone to phone and computer to phone. Computer to phone configuration segment is currently dominating the global market for VoIP services, whereas, with the rising demand for flexibility among residential and corporate consumers, the growth for phone to phone VoIP segment is...