Names of the leading players operating within the global voice over Internet Protocol Services Market include are: Microsoft Skype, TATA Communications, Avaya, and Viber Media, Facebook, Apple (FaceTime), One Horizon Group, Vonage, BigAnt, Cisco (Jabber), 8×8, IBM (Sametime), Kakao Japan, InPhonex, Nextiva, RingCentral, Tencent (WeChat), T- Mobile, Google (Hangouts), HipChat, Kosmaz Technologies (VoIP), Line, Talk360, Telefonica ( Tu Me), magicJack, and Vyke Telecoms.

Growing Demand for Mobility in Business Driving Growth of VoIP Services

According to the lead author of this report, “the growing trend of bring your own devices BYOD is one of the key friends which is impacting the growth of the Global VoIP Services Market in a positive manner.” The rising demand for mobility in businesses is one of the key factors behind the growth of the global voice over Internet Protocol Services Market. With an increasing number of consumers opting for cost-effective bundled data and voice services for mobile devices, this Market stands to benefit. As voice over Internet Protocol Services enable consumers to enjoy free voice communication at extremely cost-effective pricing, they are being increasingly adopted by consumers across the globe.

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Technological Advancements: A Key Factor Behind Growth

Another Factor which is responsible for the growth of the VIP Services Market is the technological advancements, which in turn have led to the rapid growth of the high speed cellular networks. Technological advancements have also made it possible for large bandwidth which in turn enable effective and efficient telephony over the Internet. This is accelerating the demand for VoIP services. The World’s phone systems has been revolutionized by the emergence of VoIP and this positive changes expected to reflect for the rest of the forecast period.