Mobile VoIP Market: Global Industry Analysis and Forecast (2021-2027), Share, Size

Mobile VoIP Market size was valued at US$ 32.30 Bn. in 2020 and the total revenue is expected to grow at 12.5 % through 2021 to 2027, reaching nearly US$ 73.67 Bn.

Mobile VoIP Market Overview:

Mobile VoIP (Voice-over-IP) is the extending of voice communications over data services such as 3G/4G or Wi-Fi to mobile devices. Because just one network is utilised for data transmission, the data is delivered in small packets, maximising spectrum efficiency and lowering maintenance costs. Ease of access, clear audio quality, greater mobility, higher scalability, instant messaging, low-cost video conferencing, and so on are just a few of the advantages of mobile VoIP. Android OS, iOS, Windows OS, and MAC OS are some of the most often used platforms for mobile VoIP. Mobile VoIP Market To know about the Research Methodology:- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysed specially with the impact of lockdown by region.

COVID-19 Impact on Global Mobile VoIP Market:

The majority of employees or labourers were obliged to work remotely due to the introduction of new coronavirus. Lockdown had been imposed by governments all around the world to stop the virus from spreading. As a result, the demand for mobile VoIP apps has surged in order to keep staff working remotely in touch. Mobile VoIP apps are becoming more popular in a variety of industries and sectors. Using mobile VoIP apps in training and meetings has shown to be incredibly effective for many doctors and health-care employees. Many institutions and universities have implemented VoIP infrastructure to allow for online courses using VoIP video conferencing.

Mobile VoIP Market Dynamics:

The global industry for mobile VoIP has been bolstered by the rising use of smart devices and reliable High speed internet. Simultaneously, the growing popularity of innovative and user-friendly apps that improve smartphone communication and connectivity (such as WhatsApp, Line, Skype, Viber, and others) has fueled market growth. The rise of the mobile VoIP service market has also been aided by lower data costs and widespread availability of high-speed network infrastructure. Several smartphone manufacturers are also offering unique product variations with increased capabilities, such as virtual reality, flexible displays, holographic displays, and so on, in order to better interoperability with mobile VoIP services. Besides from that, significant developments in the corporate sector, as well as the increasing trend of Bring Your Own Device (BYOD), are all contributing to market growth. Also, the advent of the COVID-19 pandemic prompted lockdowns in a number of countries, accelerating the development of remote working arrangements. As a result, there is a growing demand for mobile VoIP services for video conferencing and virtual connectivity to keep operational workflows running smoothly across several enterprises. Small and medium-sized enterprises are migrating away from hardware like IP PBXs and unified communication services and toward cloud-based VoIP apps. The high costs involved with the hardware operations required to obtain VoIP communication services are the cause for this. If the quality of services is increased with high bandwidth and security assurance, consumers can expect uninterrupted and highly trustworthy communication services. As a result, it plays an important role in the development of the mobile VoIP app market. Carrier-owned telecommunications networks are rapidly evolving. The modifications are estimated to benefit the market in the coming decades by replacing vertically segmented networks with an all-IP converged network, which could encourage telecommunications companies to migrate to next-generation networks. For example, the legal structure of Internet telephony favours India's telecommunication business, as the government is issuing licences to Internet service providers to increase market share for mobile VoIP apps. However, the requirement of a data plan may limit the growth of the mVoIP market. A data service must be available on the mobile device. A danger to security is also a big problem that could limit the industry due to an increase in cyber attacks.

Mobile VoIP Market Segment Analysis:

Based on the Services, the Mobile VoIP market is sub-segmented into Video and Voice Call, Video Conferencing, Instant Messaging and Others. The Instant Messaging segment held the largest market share of xx% in 2020. The demand for instant messaging apps is growing due to the extensive availability of various devices and platforms, convenience of use, and free accessibility. Compared to text-based texting, these apps provide a superior user experience and ease. With the increased need for social connectivity, there is a growing demand for instant messaging applications, which is likely to fuel the global mobile VoIP market demand. Based on the Platform, the Mobile VoIP market is sub-segmented into Android OS, iOS, Window OS and Others. The Android OS segment held the largest market share of xx% in 2020. This growth can be attributed to the growing demand for smart phones with improved features such as augmented reality, flexible screens and holographic displays. Although these devices are becoming more and more popular, manufacturers have been building user interface skins to provide consumers with different mobile appearances to achieve differentiation. In addition, unlike iOS and Windows, Android provides support for several popular and widely accepted devices such as Samsung, Motorola, and Sony smartphones. Mobile VoIP Market 1

Mobile VoIP Market Regional Insights:

North America held the largest market share of 57.6% in 2020. Individuals in several North American countries, including the United States and Canada, are increasingly using such services, which is one of the factors driving market growth. Europe held the largest market share of xx% in 2020. Smartphone consumers' growing enthusiasm with instant messaging apps like Facebook and Whatsapp is driving growth in this region. Additionally, there has been an increase in the number of start-ups and small and medium businesses in this region, which has contributed to the region's market growth. Asia Pacific is expected to grow at a highest CAGR of 21.2% in the global Mobile VoIP market during the forecast period. As the user base of economies such as China, Japan and India continues to increase. This growth in mobile VoIP applications can be attributed to the wider availability of free applications and increased investment in high-speed Internet deployment. In addition, India’s mobile and content consumption is on the rise, leading to an increase in demand for these services. Mobile VoIP Market 2 The objective of the report is to present a comprehensive analysis of the global Mobile VoIP Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Mobile VoIP Market dynamic, structure by analyzing the market segments and project the global Mobile VoIP Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Mobile VoIP Market make the report investor’s guide.

Mobile VoIP Market Scope: Inquire before buying

Mobile VoIP Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 32.30 Bn.
Forecast Period 2021 to 2027 CAGR: 12.5 % Market Size in 2027: US $ 73.67 Bn.
Segments Covered: by Services • Video and Voice Call • Video Conferencing • Instant Messaging • Others
by Platform • Android OS • iOS • Window OS • Others
by Model Type • Freemium Model • Premium Model • Enterprise Model
by End-User • Media and Entertainment • Healthcare • Education • Retail • Government • BFSI • Others

Mobile VoIP Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Mobile VoIP Market Key Players

• 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

Frequently Asked Questions:

1] What segments are covered in Mobile VoIP Market report? Ans. The segments covered in Mobile VoIP Market report are based on Services, Platform, Model Type and End-User. 2] Which region is expected to hold the highest share in the Mobile VoIP Market? Ans. North America is expected to hold the highest share in the Mobile VoIP Market. 3] What is the market size of Mobile VoIP Market by 2027? Ans. The market size of Mobile VoIP Market is expected to reach US $ 73.67 Bn. by 2027. 4] Who are the top key players in the global Mobile VoIP Market? Ans. Big Ant, Cisco Jabber, HipChat, IBM Lotus Sametime, Facebook, Kakao Talk, Line and Skype are the top key players in the Mobile VoIP Market. 5] What was the market size of Mobile VoIP Market in 2020? Ans. The market size of Mobile VoIP Market in 2020 was US $ 32.30 Bn.
1. Global Mobile VoIP Market: Research Methodology 2. Global Mobile VoIP Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Mobile VoIP Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Mobile VoIP Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Mobile VoIP Market Segmentation 4.1 Global Mobile VoIP Market, by Services (2020-2027) • Video and Voice Call • Video Conferencing • Instant Messaging • Others 4.2 Global Mobile VoIP Market, by Platform (2020-2027) • Android OS • iOS • Window OS • Others 4.3 Global Mobile VoIP Market, by Model Type (2020-2027) • Freemium Model • Premium Model • Enterprise Model 4.4 Global Mobile VoIP Market, by End-User (2020-2027) • Media and Entertainment • Healthcare • Education • Retail • Government • BFSI • Others 5. North America Mobile VoIP Market(2020-2027) 5.1 Global Mobile VoIP Market, by Services (2020-2027) • Video and Voice Call • Video Conferencing • Instant Messaging • Others 5.2 Global Mobile VoIP Market, by Platform (2020-2027) • Android OS • iOS • Window OS • Others 5.3 Global Mobile VoIP Market, by Model Type (2020-2027) • Freemium Model • Premium Model • Enterprise Model 5.4 Global Mobile VoIP Market, by End-User (2020-2027) • Media and Entertainment • Healthcare • Education • Retail • Government • BFSI • Others 5.4 North America Mobile VoIP Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Mobile VoIP Market (2020-2027) 6.1. Asia Pacific Mobile VoIP Market, by Services (2020-2027) 6.2. Asia Pacific Mobile VoIP Market, by Platform (2020-2027) 6.3. Global Mobile VoIP Market, by Model Type (2020-2027) 6.4. Asia Pacific Mobile VoIP Market, by End-User (2020-2027) 6.4. Asia Pacific Mobile VoIP Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Mobile VoIP Market (2020-2027) 7.1 Middle East and Africa Mobile VoIP Market, by Services (2020-2027) 7.2. Middle East and Africa Mobile VoIP Market, by Platform (2020-2027) 7.3. Middle East and Africa Mobile VoIP Market, by Model Type (2020-2027) 7.4. Middle East and Africa Mobile VoIP Market, by End-User (2020-2027) 7.5. Middle East and Africa Mobile VoIP Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Mobile VoIP Market (2020-2027) 8.1. Latin America Mobile VoIP Market, by Services (2020-2027) 8.2. Latin America Mobile VoIP Market, by Platform (2020-2027) 8.3. Latin America Mobile VoIP Market, by Model Type (2020-2027) 8.4. Latin America Mobile VoIP Market, by End-User (2020-2027) 8.5 Latin America Mobile VoIP Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Mobile VoIP Market (2020-2027) 9.1. European Mobile VoIP Market, by Services (2020-2027) 9.2. European Mobile VoIP Market, by Platform (2020-2027) 9.3. European Mobile VoIP Market, by Model Type (2020-2027) 9.4. Latin America Mobile VoIP Market, by End-User (2020-2027) 9.5. European Mobile VoIP Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Big Ant 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Cisco Jabber 10.3. HipChat 10.4. IBM Lotus Sametime 10.5. Facebook 10.6. Kakao Talk 10.7. Line 10.8. Skype 10.9. Viber 10.10. Vonage 10.11. WeChat 10.12. 12VoIP 10.13. FaceTime 10.14. Fring 10.15. Google Hangouts 10.16. Grasshopper VoIP 10.17. magicJack 10.18. Mobiboo 10.19. One Horizon 10.20. PennyTel 10.21. Phone.com 10.22. RingCentral 10.23. StarSSIP 10.24. Talk360

About This Report

Report ID 63393
Category Information Technology & Telecommunication
Published Date May 2020
Updated Date Dec 2021
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