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Voice over Internet Protocol (VoIP) Market 2025: Detailed Insights into Market Size and Future Growth

27 May, 2025

The Voice over Internet Protocol (VoIP) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Voice over Internet Protocol (VoIP) Market?

The market size of the Voice over Internet Protocol (VoIP) has seen rapid growth in recent years. The market is projected to expand from $131.89 billion in 2024 to $147.7 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 12.0%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Voice over Internet Protocol (VoIP) Industry?

The Voice over Internet Protocol (VoIP) market is predicted to expand rapidly, reaching a projected value of $270.05 billion in 2029. This represents a compound annual growth rate (CAGR) of 16.3%.

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What are the Key Growth Drivers Fueling the Voice over Internet Protocol (VoIP) Market?

The key drivers in the voice over internet protocol (voip) market are:

• Focus on maintaining quality of service and adhering to regulatory standards
• Implementation of voice analytics and business intelligence strategies
• Implementing energy efficient measures and user education
• Increased usage of mobile VOIP, real-time web communication, and cloud-based solutions.

Global Market Segmentation: Identifying Major Voice over Internet Protocol (VoIP) Industry Segments

The voice over internet protocol (VoIP) market covered in this report is segmented –
1) By Type: Integrated Access Or Session Initiation Protocol (SIP) Trunking, Managed IP PBX, Hosted IP PBX
2) By Access Type: Phone To Phone, Computer To Computer, Computer To Phone
3) By Call Type: International VoIP Calls, Domestic VoIP Calls
4) By Medium: Fixed, Mobile

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What are the Emerging Trends Shaping the Future of the Voice over Internet Protocol (VoIP) Market?

The key trends in the pressure transducer market are:

• Mobile VoIP adoption is a key trend developing in the future.
• Greater focus on security measures is an emerging trend.
• Cloud-based VoIP solutions are becoming increasingly popular.
• Voice biometrics for authentication and integration with collaboration tools is a trend shaping the future of the market.

Who Are the Top Competitors & Leading Players in the Voice over Internet Protocol (VoIP) Market?

Major companies in the voice over internet protocol (voip) market are:

• Verizon Communications Inc.
• Comcast Corporation
• Orange S. A.
• AT&T Inc.
• Charter Communications Inc.
• Vonage Holdings Corp.
• Altice USA Inc.
• Teléfonos de México S. A. B. de C. V.
• Cox Enterprises Inc.
• Rogers Communications Inc.
• Sprint Corporation
• TalkTalk Group plc
• RingCentral Inc.
• Patton LLC
• San Antonio Telephone Co.
• OneVoice Communications Inc.
• Avaya Inc.
• Cisco Systems Inc.
• Deutsche Telekom AG
• Microsoft Corporation
• Mitel Networks Corporation
• Nextiva Inc.
• 8x8 Inc.
• CallHippo
• Dialpad Inc.
• Evolve IP LLC
• Frontier Communications Corporation
• Google LLC
• LogMeIn Inc.
• Intermedia.net Inc.
• MegaPath
• Momentum Telecom Inc.
• NetFortris Inc.
• Ooma Inc.
• Star2Star Communications
• TPx Communications
• Telenor ASA
• Telecom Italia S. p. A.
• KT Corporation

Regional Dominance: Which Area Leads the Global Voice over Internet Protocol (VoIP) Market?

Asia-Pacific was the largest region in the VOIP market in 2024

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