Voice over Internet Protocol (VoIP) Market Forecast 2014-2019: Prospects for Mobile (mVoIP) vs. Static VoIP
LONDON, April 6, 2015 /PRNewswire/ -- Report Details
Since 2011, the VoIP market has changed drastically due to the introduction of highly innovative and effective mVoIP applications. Thanks to these, the global VoIP market has seen a radical increase in the number of subscriptions, especially since 2011 when various applications were commercially launched in the APAC region.
However, the drastic increase on the number of VoIP subscriptions brought by these mobile applications has not yet achieved sustainable revenue growth, as they lack credible monetisation models and are expected to face severe competition. Until now the mVoIP market has been in a race to the bottom in which the effectiveness of the market is measured in terms of active subscribers but not in terms of revenues.
However, mVoIP providers have been able to disrupt the global telecommunications market by providing not only free OTT services, but also platforms that create higher customer engagement and provide more diverse revenue opportunities than standard voice and SMS services.
Contrastingly, static VoIP operators have not seen such a dramatic change in their number of subscriptions. Instead static VoIP market size and revenues have been growing at stable and healthy rates. But more importantly, this submarket is responsible for more than 96% of global VoIP revenues and these are expected to grow steadily in the next five years.
Due to the current disruption that telcos face all around the world, Visiongain expects incumbent operators to struggle at competing directly with OTT providers. This can be witnessed in the way telcos are applying pressure to create regulatory changes against OTT providers. One of these battles is being fiercely fought in the US as ISPs look to create a two tier internet whilst internet companies fight back against this anti-competitive initiative. On the contrary, more forward looking telcos will understand the importance of embracing OTT providers and cooperating with the disruptors, in order to improve their service offerings and stop the erosion of ARPU. Others, especially those operators in the most developed markets will compete directly by offering VoLTE as the only way to increase ARPU and restore their lost market share from OTT providers.
Overall, the global VoIP market is far from reaching maturity as in reality there are only 10 countries in the world which could be characterised as mature VoIP markets.
This updated report presents a more up-to-date analysis of the fastest growing VoIP markets and segments based upon the latest information and expected changes on the global market, the most recent changes in regulations and the largest opportunities for VoIP providers in different industries.
Why you should buy Voice over Internet Protocol (VoIP) Market Forecast 2014-2019: Prospects for Mobile (mVoIP) vs. Static VoIP
What is the future of the VoIP market? Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrates new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.
How this 163 page report delivers:
- View global VoIP market forecasts and analysis from 2014-2019 to keep your knowledge ahead of your competition and ensure you exploit key business opportunities
- The report provides detailed subscriptions projections in the market, the competitors, and the commercial drivers and restraints allowing you to more effectively compete in the market. In addition to market forecasts from 2014-2019, our new study shows current market revenues, global connections, latest technological changes, original critical analysis, and revealing insight into commercial developments.
- Our report provides 112 tables, charts, and figures.
- Let our analysts pre
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