Global VoIP Softphones Market Overview:
VOIP Softphones is basically a software application that can be installed on the internet-connected device and used for making phone calls. It is similar to regular phone calls, with VoIP capabilities. In the market there are various types of Softphones software are available in the market, which used various technological development. With the advent of the cloud, this market is having huge growth potential in the future.
Growth Drivers
- Increasing Adoption of Video Conferencing & Calling
- High Availability Smartphones
Roadblocks
Opportunities
- Increase in Availability Software Solutions and Applications
Challenges
- Lack of Consumer Awareness
Competitive Landscape:
The market is having an increasing number of market players, apart from this there is growth in new market entrants, because of an increasing number of market opportunities. To become competitive in the industry, players are highly investing in market growth strategies such as mergers & acquisitions, technological development, collaborations, and others.
Some of the key players profiled in the report are Nextiva (United States), RingCentral (United States), Jive Communications (United States), Vonage Business (United States), Dialpad (United States), Ooma (United States), FluentStream (United States), Versature (Canada), Zoiper (Balkans) and 3CX (United States). Additionally, following companies can also be profiled that are part of our coverage like AVOXI (United States), Whirlpool.net.au (Australia) and Mizutech S.R.L. (Balkans). Analyst at AMA Research see United States Players to retain maximum share of Global VoIP Softphones market by 2026. Considering Market by Deployment Mode, the sub-segment i.e. Cloud-Based will boost the VoIP Softphones market. Considering Market by Platform, the sub-segment i.e. Desktop {Windows, Mac, Linux} will boost the VoIP Softphones market. Considering Market by Organizations Size, the sub-segment i.e. Small and Medium Size Organization will boost the VoIP Softphones market.
What Can be Explored with the VoIP Softphones Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global VoIP Softphones Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in VoIP Softphones
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 Global VoIP Softphones 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 VoIP Softphones 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 Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, VoIP Softphones Providers, Government Regulatory and Research Organizations and End-Use Industries.
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.