The North America Mobile VoIP Market would witness market growth of 18.6% CAGR during the forecast period (2022-2028).
The mobile VoIP market is growing as smart device adoption rises, coupled with robust internet connectivity and the appeal of cutting-edge, user-friendly applications. Additionally, the expansion of the mobile VoIP demand is being positively impacted by the rise in high-tech consumer goods.
Furthermore, during the projected period, it is anticipated that rising cloud-based security application usage will present lucrative prospects for the growth of the market. Additionally, there is an increasing demand for these services, which would ultimately support the market's expansion during the projection period.
In order to establish dependable voice call services over certain wireless data networks, solution providers such as mobile VoIP or internet-based phone services use the most recent network infrastructure as opposed to the conventional circuit-switched phone lines. The latest network infrastructure used by mobile VoIP include long-term evolution (LTE) and wideband code division multiple access (WCDMA). Additionally, this technology is compatible with desktops, tablets, and cell phones.
The adoption of cloud telephony is rising in North America, which is further expected to witness a substantial increase in annual growth owing to the expansion of the internet infrastructure. Along with cloud-based telephony, VoIP usage is also increasing, and with the current growth rate, most people will work on hosted communications. As a result of this, major telecom brands have switched completely to IP solutions. As a result, in addition to becoming faster, American broadband is now more easily accessible in previously unreached locations. Hence, the higher adoption of VoIP services by many regional enterprises is propelling the expansion of the mobile VoIP market in the region.
The US market dominated the North America Mobile VoIP Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $41,954.3 Million by 2028.The Canada market is poised to grow at a CAGR of 20.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 20.6% during (2022 - 2028).
Based on Operating System, the market is segmented into Android and iOS. Based on Model, the market is segmented into Premium and Enterprise. Based on Application, the market is segmented into Video Sharing, Screen Sharing, File Sharing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Mobile VoIP Market is Predict to reach $165.3 Billion by 2028, at a CAGR of 19.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Microsoft Corporation, Rakuten group, Inc., Meta Platforms, Inc., Zoom Video Communications, Inc., 8x8, Inc., Citrix Systems, Inc. (Cloud Software Group, Inc.), Ribbon Communications, Inc., 3CX Phone System, and Mitel Networks Corporation.
By Operating System
By Model
By Application
By Country
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