About the Mobile Voice Over Internet Protocol (VoIP) Market
VoIP functions on broadband networks using packet switched telephone networks (PSTNs), unlike traditional calls on circuit switched networks. PSTNs are more efficient than legacy systems (circuited switched networks), and information can be routed in packets over optimized paths. Mobile VoIP allows IP calls over mobile networks (3G/LTE) or fixed networks, such as wireless hotspots, Wi-Fi, and worldwide interoperability for microwave access (WiMAX) networks. Mobile VoIP bypasses the originating mobile carrier's telephony network and allows inexpensive calls on mobiles through the Internet providers. It also offers low-cost international calls, and roaming calls, without the need for extensive infrastructures such as PCs and DSL modems. Therefore, it is a threat to traditional mobile voice revenues. Despite the many benefits of mVoIP, the disadvantages include poor speech quality and dropped calls due to latency or packet loss in the Internet service provider's network.
Technavio’s analysts forecast the global mobile voice over internet protocol (VoIP) market to grow at a CAGR of 28.47% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global mobile voice over internet protocol (VoIP) market for 2016-2020. To calculate the market size, the report considers the following:
Technavio Announces the Publication of its Research Report – Global Mobile Voice Over Internet Protocol (VoIP) Market 2016-2020
Technavio recognizes the following companies as the key players in the global mobile voice over internet protocol (VoIP) market: Big Ant, Cisco Jabber, HipChat, IBM Lotus Sametime, Facebook, Kakao Talk, Line, Skype, Viber, Vonage, and WeChat.
Other Prominent Vendors in the market are: 12VoIP, FaceTime, fring, Google Hangouts, Grasshopper VoIP, magicJack, Mobiboo, One Horizon, PennyTel, Phone.com, RingCentral, StarSSIP, Talk360, TATA Communications, Tencent, TheDigest.com, T-Mobile VoIP, Truphone, Tu Me, VoIpVoIP, Vopium, Vyke, and Zadarma.
Commenting on the report, an analyst from Technavio’s team said: “A major trend which is contributing to market growth is the low total cost of ownership. VoIP technology enables data traffic and voice communication traffic integration into a single network to reduce the total cost of ownership (TCO) associated with a combined voice or data network. The integration of multiple media types such as voice, data, and video into a single network eliminates infrastructure and maintenance redundancies, which also reduces capital and operational costs.”
According to the report, a key growth driver is the high operational flexibility offered by mobile VoIP. Enterprises adopt varying mobile technologies at different instances for decision-making processes and conducting meetings on the go, irrespective of the networks or hotspots. mVoIP is primarily focused via Wi-Fi hotspots due to high-speed data connections. In circuit-switched voice networks, different layers including the transport, call control, and application layers are grouped into single proprietary systems, which are disaggregated into separate components in IP-based networks.
Further, the report states that one challenge that is hampering market growth is the unreliable quality of service. The delays occurring in the data network are dependent upon configuration, capacity, performance, and load.
Big Ant, Cisco Jabber, HipChat, IBM Lotus Sametime, Facebook, Kakao Talk, Line, Skype, Viber, Vonage, WeChat, 12VoIP, FaceTime, fring, Google Hangouts, Grasshopper VoIP, magicJack, Mobiboo, One Horizon, PennyTel, Phone.com, RingCentral, StarSSIP, Talk360, TATA Communications, Tencent, TheDigest.com, T-Mobile VoIP, Truphone, Tu Me, VoIpVoIP, Vopium, Vyke, Zadarma.
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