VoIP Market in UK by Type and Access - Forecast and Analysis 2022-2026

The VoIP market share in UK is expected to increase by USD 4.83 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.08%.

This VoIP market research report of UK provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers VoIP market segmentation in the UK by type (international VoIP calls and domestic VoIP calls) and access (computer to phone, computer to computer, and phone to phone). The VoIP market report of the UK also offers information on several market vendors, including Ascom Holding AG, Avaya Holdings Corp., Cisco Systems Inc., Exponential-e Ltd., Microsoft Corp., Mitel Networks Corp., NEC Corp., Panasonic Corp., Toshiba Corp., and Yealink Network Technology Co. Ltd among others.

What will the VoIP Market Size in UK be During the Forecast Period?

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VoIP Market in UK: Key Drivers and Trends

The increasing number of mobile computing devices is notably driving the VoIP market growth in the UK, although factors such as signaling issues may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the VoIP industry in the UK. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key VoIP Market Driver in UK

One of the key factors driving growth in the VoIP market in the UK is the increasing number of mobile computing devices. The adoption of laptops and tablets has been increasing globally because of diverse connectivity options and superior performance while accessing applications such as e-mail, VoIP, and web browsing. The deep penetration of the Internet worldwide and a need for high data rates are driving the adoption of faster telecommunication services such as VoIP. All business users and individual users are now dependent on the Internet to fulfill all their business and personal needs. Enterprises are keen on mobile cloud computing for cost-cutting as it helps eliminate investments required for hardware storage and other physical infrastructure. This is driving the growth of advanced mobile technologies for business enterprises, which is likely to increase the deployment of enhanced VoIP across extensive coverage areas. Such factors are expected to drive the growth of the VoIP market in the UK.

Key VoIP Market Challenge in UK

The signaling issues will be a major challenge for the VoIP market in the UK during the forecast period. Initiating an interactive communication session between users using a controlled signaling technique is a challenging task. Two standards have emerged, H.323 and SIP, for the signaling and monitoring of VoIP, and they provide similar signaling functionalities. However, these protocols do not provide support for quality of service (QoS) guarantees and resource reservation. VoIP apps must maintain active sessions with keep-alive messages to stay connected for incoming calls. These frequent keep-alive messages ultimately result in large signaling loads in the network. A Voice over Long Term Evolution (VoLTE) service requires additional signaling for setting up a dedicated channel to increase QoS, which further generates huge data transactions and signaling loads. Thus, such signaling issues can hinder the growth of the market during the forecast period.

This VoIP market analysis report of UK also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major VoIP Market Vendors in UK?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Ascom Holding AG
• Avaya Holdings Corp.
• Cisco Systems Inc.
• Exponential-e Ltd.
• Microsoft Corp.
• Mitel Networks Corp.
• NEC Corp.
• Panasonic Corp.
• Toshiba Corp.
• Yealink Network Technology Co. Ltd

This statistical study of the VoIP market in UK encompasses successful business strategies deployed by the key vendors. The VoIP market in UK is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The VoIP market forecast report of UK offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Type Segments in the VoIP Market in UK?

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The VoIP market share growth in the UK by the international VoIP calls segment will be significant during the forecast period. The availability of high-quality global IP calling features at lower rates compared to traditional carrier rates is propelling the market growth. The proliferation of mobile phones in emerging countries is fueling the rapid growth of VoIP services. The increased collaborations among vendors of VoIP services and advertisers to offer free international calls are also boosting the growth of the market.

This report provides an accurate prediction of the contribution of all the segments to the growth of the VoIP market size in UK and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this VoIP Market Report of UK?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive VoIP market growth in UK during the next five years
• Precise estimation of the VoIP market size in UK and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of VoIP market vendors in UK

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