The Europe Mobile Voice Market would witness market growth of 4.9% CAGR during the forecast period (2022-2028).
Mobile VoIP, often known as mVoIP, is an expansion of the mobility of a voice-over IP network. In general, two forms of communication are supported: cordless telephones employing DECT or PCS protocols for short-range or campus communications when all base stations are connected to the same LAN, and wide-area communications employing 3G or 4G protocols
There are many methods through which a mobile phone can be linked to a VoIP network. One approach transforms the mobile device into a regular SIP client that uses a data network to transmit and receive SIP messages and RTP for the voice route. This approach of transforming a mobile phone into a regular SIP client necessitates that the mobile phone is capable of at least high-speed IP connections. In this application, normal VoIP protocols (usually SIP) are utilized over any broadband IP-capable wireless network connection, such as EVDO version A (which offers symmetrical high-speed up and down), HSPA, Wi-Fi, or WiMAX.
Europe is a market that is already expanding for the Mobile voice market. Europe has a high need for Voice user interfaces integrated products such as smart speakers, voice-controlled access management, voice-operated appliances, and smart car technology. A quick rate of adoption of devices with pre-installed voice assistants is anticipated throughout Europe as a result of the increased workload of the region's residents. There is an increase in the working population in industrialized nations such as Germany, France, and Italy, which would further improve the customer's experience with voice command-based devices throughout Europe.
Moreover, Italy is experiencing an increase in demand for smart speakers and voice-activated smart home equipment due to their automation and convenience. With 95,808 IT firms and an estimated 1,124 million employees in 2022, Germany has one of the largest ICT marketplaces in the world and the largest software market in Europe. Demand for U.S. goods and services remains robust across all market categories. In addition, there are other highly specialized SMBs on the market. In 2022, the IT-Services subsector generated 45,3 billion dollars in revenue, while the IT-Hardware subsector generated 34.9 billion dollars and the software subsector generated 34.1 billion dollars. Since 2007, IT industry revenues have climbed from $76.4 billion to an expected $114.3 billion in 2021. Recent years have seen a pattern of continual expansion of the mobile voice market in this region.
The Germany market dominated the Europe Mobile Voice Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $30.7 Billion by 2028. The UK market is anticipated to grow at a CAGR of 4.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.7% during (2022 - 2028).
Based on Transmission, the market is segmented into Wireless and Wireline. Based on End User, the market is segmented into Consumer/Residential and Business. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Mobile Voice Market will Hit $496.5 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc., Verizon Communications, Inc., SoftBank Group Corporation, Deutsche Telekom AG, Telefonica S.A., Vodafone Group Plc, Nippon Telegraph and Telephone Corporation, China Mobile Limited, and KT Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Transmission
By End User
- Consumer/Residential
- Business
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- AT&T, Inc.
- Verizon Communications, Inc.
- SoftBank Group Corporation
- Deutsche Telekom AG
- Telefonica S.A.
- Vodafone Group Plc
- Nippon Telegraph and Telephone Corporation
- China Mobile Limited
- KT Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Mobile Voice Market, by Transmission
1.4.2 Europe Mobile Voice Market, by End User
1.4.3 Europe Mobile Voice Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Mobile Voice Market by Transmission
3.1 Europe Wireless Market by Country
3.2 Europe Wireline Market by Country
Chapter 4. Europe Mobile Voice Market by End-user
4.1 Europe Consumer/Residential Market by Country
4.2 Europe Business Market by Country
Chapter 5. Europe Mobile Voice Market by Country
5.1 Germany Mobile Voice Market
5.1.1 Germany Mobile Voice Market by Transmission
5.1.2 Germany Mobile Voice Market by End-user
5.2 UK Mobile Voice Market
5.2.1 UK Mobile Voice Market by Transmission
5.2.2 UK Mobile Voice Market by End-user
5.3 France Mobile Voice Market
5.3.1 France Mobile Voice Market by Transmission
5.3.2 France Mobile Voice Market by End-user
5.4 Russia Mobile Voice Market
5.4.1 Russia Mobile Voice Market by Transmission
5.4.2 Russia Mobile Voice Market by End-user
5.5 Spain Mobile Voice Market
5.5.1 Spain Mobile Voice Market by Transmission
5.5.2 Spain Mobile Voice Market by End-user
5.6 Italy Mobile Voice Market
5.6.1 Italy Mobile Voice Market by Transmission
5.6.2 Italy Mobile Voice Market by End-user
5.7 Rest of Europe Mobile Voice Market
5.7.1 Rest of Europe Mobile Voice Market by Transmission
5.7.2 Rest of Europe Mobile Voice Market by End-user
Chapter 6. Company Profiles
6.1 AT&T, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.2 Verizon Communications, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.3 SoftBank Group Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.4 Deutsche Telekom AG
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 Telefonica S.A.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental Analysis
6.5.4 Research & Development Expense
6.6 Vodafone Group Plc
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental Analysis
6.7 China Mobile Limited
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Research & Development Expenses
6.8 Nippon Telegraph and Telephone Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental Analysis
6.9 KT Corporation
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expenses
TABLE 1 Europe Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 2 Europe Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 3 Europe Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 4 Europe Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 5 Europe Wireless Market by Country, 2018 - 2021, USD Billion
TABLE 6 Europe Wireless Market by Country, 2022 - 2028, USD Billion
TABLE 7 Europe Wireline Market by Country, 2018 - 2021, USD Billion
TABLE 8 Europe Wireline Market by Country, 2022 - 2028, USD Billion
TABLE 9 Europe Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 10 Europe Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 11 Europe Consumer/Residential Market by Country, 2018 - 2021, USD Billion
TABLE 12 Europe Consumer/Residential Market by Country, 2022 - 2028, USD Billion
TABLE 13 Europe Business Market by Country, 2018 - 2021, USD Billion
TABLE 14 Europe Business Market by Country, 2022 - 2028, USD Billion
TABLE 15 Europe Mobile Voice Market by Country, 2018 - 2021, USD Billion
TABLE 16 Europe Mobile Voice Market by Country, 2022 - 2028, USD Billion
TABLE 17 Germany Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 18 Germany Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 19 Germany Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 20 Germany Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 21 Germany Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 22 Germany Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 23 UK Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 24 UK Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 25 UK Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 26 UK Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 27 UK Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 28 UK Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 29 France Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 30 France Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 31 France Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 32 France Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 33 France Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 34 France Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 35 Russia Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 36 Russia Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 37 Russia Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 38 Russia Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 39 Russia Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 40 Russia Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 41 Spain Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 42 Spain Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 43 Spain Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 44 Spain Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 45 Spain Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 46 Spain Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 47 Italy Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 48 Italy Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 49 Italy Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 50 Italy Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 51 Italy Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 52 Italy Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 53 Rest of Europe Mobile Voice Market, 2018 - 2021, USD Billion
TABLE 54 Rest of Europe Mobile Voice Market, 2022 - 2028, USD Billion
TABLE 55 Rest of Europe Mobile Voice Market by Transmission, 2018 - 2021, USD Billion
TABLE 56 Rest of Europe Mobile Voice Market by Transmission, 2022 - 2028, USD Billion
TABLE 57 Rest of Europe Mobile Voice Market by End-user, 2018 - 2021, USD Billion
TABLE 58 Rest of Europe Mobile Voice Market by End-user, 2022 - 2028, USD Billion
TABLE 59 Key Information – AT&T, Inc.
TABLE 60 key information – Verizon Communications, Inc.
TABLE 61 Key Information – SoftBank Group Corporation
TABLE 62 Key Information – Deutsche Telekom AG
TABLE 63 key information – Telefonica S.A.
TABLE 64 Key information – Vodafone Group Plc
TABLE 65 key information – China Mobile Limited
TABLE 66 Key Information – Nippon Telegraph and Telephone Corporation
TABLE 67 Key Information – KT Corporation
List of Figures
FIG 1 Methodology for the research