VoIP softphone installs on a computer and enables the user to make calls using VoIP service. VoIP softphones are becoming popular owing to its advantages over traditional phonies such as CRM integration, geographical flexibility, chat and messaging, employee presence, and upgradeable software, among others. The VoIP softphone market is fragmented with the presence of a large number of players operating in the market.
MARKET DYNAMICS
Increasing focus towards improving the efficiency and streamlining the business processes are some of the significant factors driving the growth of the VoIP softphone market. However, the high costs of these solutions and performance issues might hinder the growth of the VoIP softphone market. The APAC region is expected to grow at a high CAGR owing to the growing IT sector and increasing adoption of technologically advanced products.
MARKET SCOPE
The Global VoIP Softphone Market Analysis to 2028 is a specialized and in-depth study of the VoIP softphone market with a special focus on the global market trend analysis. The report aims to provide an overview of VoIP softphone market with detailed market segmentation by deployment, enterprise size and geography. The global VoIP softphone market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading VoIP softphone market players and offers key trends and opportunities in the VoIP softphone market.
MARKET SEGMENTATION
The global VoIP softphone market is segmented on the basis of deployment and enterprise size. Based on deployment, the market is segmented as on premise and cloud. On the basis of enterprise size, the market is segmented as SMEs and large enterprises.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global VoIP softphone market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The VoIP softphone market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting VoIP softphone market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the VoIP softphone market in these regions.
MARKET PLAYERS
The reports cover key developments in the VoIP softphone market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from VoIP softphone market are anticipated to lucrative growth opportunities in the future with the rising demand for VoIP softphone market. Below mentioned is the list of few companies engaged in the VoIP softphone market.
The report also includes the profiles of key VoIP softphone market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- 3CX
- Avoxi
- BITRIX24
- Cisco Systems, Inc.
- J2 Global, Inc.
- Junction Networks
- Mizutech S.R.L.
- Suretec Systems Ltd.
- Telzio Inc.
- Zoiper.Com
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.