Voip Services Market to Record Strong Growth in Corporate and Individual Consumer Segments by 2020

Transparency Market

Research

VoIP Services Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2014 - 2020

Published Date

28-Aug-2014

114 Page Report

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Press Release

Global VoIP Services Market is Expected to Reach USD 136.76

Billion by 2020: Transparency Market Research

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VoIP Services Market

REPORT DESCRIPTION

VoIP Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,

2014 - 2020

According to a new market report published by Transparency Market Research "VoIP Services (Individual

Consumers, Corporate Consumers, Mobile VoIP and Others) Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast, 2014 - 2020," the global VoIP services market was valued at USD 70.90

billion in 2013 and is expected to reach USD 136.76 billion by 2020, growing at a CAGR of 9.7% from 2014

to 2020. Europe was the largest revenue contributor to the global VoIP services market in 2013. The Asia

Pacific region is expected to be the fastest growing market for VoIP services during the forecast period. The

CAGR for revenue generated in this region is expected to be 13.6% from 2014 to 2020, with equivalent

growth of subscriber base for VoIP services in the region expected at a CAGR of 14.6% during the same

period. The fast increasing adoption of smart portable devices such as tablets and smart phones in the

corporate and residential sectors across the globe is the major factor driving the VoIP services market

growth.

Browse the full Global VoIP Services Market Report at

http://www.transparencymarketresearch.com/voip-services-market.html

The VoIP services are cheaper and affordable for both the corporate and individual consumers.

Additionally, these services enable the corporate consumers in saving the operational cost...