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IP Telephony Market Size, Share, Industry Leaders, Trends and Growth Analysis to 2027 - Microsoft, Cisco, Avaya, NEC, Mitel Networks Corporation, Yealink, Panasonic, Toshiba, Polycom, Ascom Holding AG

Press release   •   Sep 23, 2019 18:00 IST

Globally the number of number of connected devices has gained substantial volume which has led to unprecedented surge in data being generated daily. Subsequently, the cyber security threats have also risen in the past few years leading to efficient management and containment of the vulnerabilities across the entire organization. Moreover, in recent light of mass breach of data privacy coupled with growing awareness of cyber security awareness has influenced the government agencies into taking steps to ensure the cyber security compliances across different industry verticals. As a result, the global spending towards cyber security has gained significant momentum especially in the past few years.

The significant surge in number of connected devices coupled with growing number of internet users and low internet prices has witnessed unprecedented volume of data being generated daily. Moreover, the presence of large scaled networks and end-points creates a room for numerous potential vulnerabilities that require the attention of the security professionals and cyber security experts. As a result, the volume of alerts and events notification has risen significantly, which can be really challenging for the individuals.

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The reports cover key developments in the IP Telephony market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from IP Telephony market are anticipated to lucrative growth opportunities in the future with the rising demand for IP Telephony market in the global market.

Key Players Influencing the Market

Microsoft Corporation

Cisco Systems

Avaya

NEC Corporation

Mitel Networks Corporation

Yealink

Panasonic Corporation

Toshiba Corporation

Polycom

Ascom Holding AG

The "Global IP Telephony Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of IP Telephony market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global IP Telephony market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IP Telephony market players and offers key trends and opportunities in the market.

IP telephony market accounted to US$ 25.26 Bn in 2017 and is anticipated to grow at a CAGR of 10.1% to account for US$ 63.47 Bn by 2027.

Besides this, the report analyzes factors affecting IP Telephony market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global IP Telephony Market report.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global IP Telephony market based on the type and application. It also provides market size and forecast till 2027 for overall IP Telephony market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Answers that the report acknowledges:

Market Size and Growth Rate during Forecast Period.

Key factors driving the IP Telephony Market.

Key market trends cracking up the growth of the IP Telephony Market.

Challenges to market growth.

Key vendors of IP Telephony Market.

Detailed SWOT analysis.

Opportunities and threats faces by the existing vendors in Global IP Telephony Market.

Trending factors influencing the market in the geographical regions.

Strategic initiatives focusing the leading vendors.

PEST analysis of the market in the five major regions.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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