VoIP Services Market- Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 – 2020
114 Page Report
VoIP Services Market to Expand at 9.7% CAGR till 2020 Thanks to
Increasing Adoption in Residential and Corporate Sectors
Transparency Market Research
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VoIP Services Market
VoIP Services Market (Corporate Consumers and Individual Consumers) Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
The report “VoIP Services Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020” from Transparency Market Research (TMR) offers a 360-degree view of the
global VoIP services market. This TMR report states that the global VoIP services market will
expand at a 9.7% CAGR during the forecast period of 2014 to 2020. In 2013, the market was
recorded at US$70.90 billion and is projected to be worth US$136.76 billion by 2020. The
subscriber base of the global VoIP services market is expected to reach 348.5 million.The rapidly
growing adoption of smart portable devices such as smartphones and tablets in the residential
and corporate sectors is driving the global VoIP services market. Other influential trends shaping
the global VoIP services market include: VoIP over cloud, growth of mobile VoIP, migration from
fixed line voice to IP-based wireless VoIP service, and free group video calling. Furthermore,
players in the global VoIP services market will benefit from the emergence of mobile VoIP
services with technological advancement of wireless networks.
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