Market Overview:
The global mobile VoIP apps market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for voice and video calling services among individuals and businesses. In addition, the growing penetration of smartphones and rising internet connectivity are also contributing to the growth of this market. Based on type, the global mobile VoIP apps market can be segmented into international VoIP and domestic VoIP. The international VoIP segment is expected to account for a larger share of this market than the domestic VoIP segment during the forecast period. This can be attributed to factors such as rising demand for cross-border communication services among businesses and individuals, growing awareness about international calling plans, and declining prices of international calls due to technological advancements in telecom infrastructure worldwide. Based on application, the global mobileVo IPappsmarketcanbe dividedinto commercialand individual/residential segments.
Product Definition:
Mobile VoIP app is a voice over internet protocol (VoIP) app that allows users to make phone calls using an internet connection instead of the traditional cellular network. These apps allow users to connect with other VoIP users or regular phone numbers and can often be used in place of a traditional landline phone service. Mobile VoIP apps are important because they offer an alternative way for people to make phone calls, often at a lower cost than traditional calling plans. Additionally, these apps can be used anywhere there is an internet connection, which makes them ideal for travelers or people who spend time away from home.
International VoIP:
International VoIP (VoIP) is a set of protocols that are used to route voice traffic over IP-based networks and provides features such as inexpensive telephony, messaging service, and presence detection. The term International VoIP is generally used for two different services: one is the conventional voice over IP service which uses the traditional telephone network; another type of VoIP known as Mobile Voice or Mobile Telephony uses cellular networks.
Domestic VoIP:
Domestic VoIP or Domestic Mobile VoIP (DMoV) is a telephony service that uses the radio frequencies of one carrier but operates on a different set of frequencies from that used by the commercial mobile network. It is also known as Home Based VoIP (HBoV), Cellular VoIP (CVoip), or In-Home Voice over Internet Protocol (IHVoip).
Application Insights:
The commercial application segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing demand from enterprises and MNCs for cost-effective communication solutions. Over the past few years, several companies have started offering international roaming packs to their subscribers who travel abroad. These packs enable users to make and receive calls from any location, irrespective of local SIM card availability by using a global mobile VoIP service provider network.
The individual/residential application segment is expected register a significant CAGR during the forecast period owing to rising consumer awareness regarding affordable international calling plans offered by various telecom operators at competitive rates through online portals or app stores.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing internet penetration, rising disposable income of consumers and rapid urbanization in developing economies such as India, China, Indonesia, Philippines among others. Moreover mobile phones are replacing fixed line phones at a faster rate due to low pricing plans offered by various service providers for both types of devices.
North America region is anticipated to witness significant growth over the forecast period owing to high demand for international calls from travelers across U.S., Canada and Mexico who prefer using apps instead of traditional dialing codes or toll free numbers provided by travel agents or tour operators while booking hotels/accommodations through online portals like TripAdvisor among others. In addition app based calling services have become an integral part of hotel reservations especially during peak seasons such as Christmas & New Year's Eve when most people plan visits overseas thus driving regional growth further.
Growth Factors:
- Increasing demand for mobile VoIP apps due to the growing popularity of smartphones and tablets.
- The increasing number of mobile VoIP app users due to the availability of low-cost or free calling plans and features.
- The rising demand for cloud-based services, which is benefiting the growth of the mobile VoIP apps market.
- The increasing use of unified communications (UC) solutions, which is helping to drive demand for mobile VoIP apps among businesses and organizations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile VoIP Apps Market Research Report
By Type
International VoIP, Domestic VoIP
By Application
Commercial, Individual/Residential
By Companies
CX, Microsoft Corporation, CommPeak, RingCentral, Junction Networks, PhonePower (Syndeo LLC)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Mobile VoIP Apps Market Report Segments:
The global Mobile VoIP Apps market is segmented on the basis of:
Types
International VoIP, Domestic VoIP
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Individual/Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CX
- Microsoft Corporation
- CommPeak
- RingCentral
- Junction Networks
- PhonePower (Syndeo LLC)
Highlights of The Mobile VoIP Apps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- International VoIP
- Domestic VoIP
- By Application:
- Commercial
- Individual/Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile VoIP Apps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mobile VoIP Apps are applications that allow users to make and receive phone calls from their smartphones or tablets. They can be used for making traditional landline phone calls, as well as making and receiving Skype voice calls.
Some of the key players operating in the mobile voip apps market are CX, Microsoft Corporation, CommPeak, RingCentral, Junction Networks, PhonePower (Syndeo LLC).
The mobile voip apps market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile VoIP Apps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mobile VoIP Apps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobile VoIP Apps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mobile VoIP Apps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mobile VoIP Apps Market Size & Forecast, 2020-2028
4.5.1 Mobile VoIP Apps Market Size and Y-o-Y Growth
4.5.2 Mobile VoIP Apps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 International VoIP
5.2.2 Domestic VoIP
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Individual/Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile VoIP Apps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mobile VoIP Apps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 International VoIP
9.6.2 Domestic VoIP
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Individual/Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 International VoIP
10.6.2 Domestic VoIP
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Individual/Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 International VoIP
11.6.2 Domestic VoIP
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Individual/Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 International VoIP
12.6.2 Domestic VoIP
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Individual/Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 International VoIP
13.6.2 Domestic VoIP
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Individual/Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mobile VoIP Apps Market: Competitive Dashboard
14.2 Global Mobile VoIP Apps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CX
14.3.2 Microsoft Corporation
14.3.3 CommPeak
14.3.4 RingCentral
14.3.5 Junction Networks
14.3.6 PhonePower (Syndeo LLC)
