Europe IP Telephony Market Overview:
IP Telephony is the communication of telephone calls over a data network. This is accomplished by packetization of the voice streams. IP Telephony enables users to make telephone calls over a data network like the Internet. It converts the voice signal from the telephone into a digital signal that can be transmitted across the data network. At the receiving end the signal gets transformed back to voice. The basic telephone functions between traditional voice and IP Telephony are identical. Users pick up the receiver, hear dial tone and dial numbers as they have done in the past. IP-telephony has advantages over the circuit-switched telephone network such as the set up coast. It is easier to implements certain services which allows mobility among others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growth of E-Commerce Industry and Extensive Availability of Integration Support
Market Growth Drivers:
Rising Dependence of Enterprises on Web-Based Solutions and Services and Increasing Demand for Mobile IP Telephony Solutions
Challenges:
No Use in Absence of Internet Access and Failure when Integrated Alongside Other Digital Equipment
Restraints:
Security Concerns With Respect To Increasing Cybercrime
Opportunities:
Rising Importance of Active Communication in Corporate Ecosystem
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Some of the key players profiled in the report are Ascom Holding AG (Switzerland), Avaya Inc. (United States), Cisco Systems, Inc. (United States), Gigaset Communications (Germany), LG Electronics (South Korea), Mitel Networks Corporation (Canada), Panasonic Corporation (Japan), Polycom Inc. (United States) and Yealink (China). Additionally, following companies can also be profiled that are part of our coverage like NEC Corporation (Japan) and Grandstream Networks, Inc. (United States). Analyst at AMA Research see Germany Players to retain maximum share of Europe IP Telephony market by 2030. Considering Market by Components, the sub-segment i.e. Hardware [IP Desktop Phones, Audio Conference Phones, DECT Phones] will boost the IP Telephony market. Considering Market by Installation, the sub-segment i.e. Wired will boost the IP Telephony market.
Latest Market Insights:
In May, 2019- Grandstream Extends Partnership with PortaOne through Customer Conference Sponsorship and Updated Compatibility. All of Grandstream’s current portfolio of IP phones, analog telephone adapters (ATAs), analog VoIP gateways and SIP speakers will be fully certified by PortaOne for use with the upcoming MR81 version of PortaSwitch, the flagship of PortaOne’s UCaaS platform.
In June , 2019- Grandstream has announced the release of the GRP2600 series of Carrier-Grade IP Phones. The GRP2600 series are state-of-the-art IP phones that were designed with zero-touch provisioning for secure mass deployment and easy management.
What Can be Explored with the IP Telephony Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Europe IP Telephony Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in IP Telephony
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Europe IP Telephony market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in IP Telephony market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Consulting Service Providers, Service Providers of IT Telephony, Technology Providers, Network Providers, Mobile Application Developers, Consulting Firms and Government Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.