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Report overview

The global Internet Protocol (IP) Telephony market size is estimated to be $3.35 billion in 2023, and will reach $7.2 billion by 2032, growing at a CAGR of 8.9% during the forecast period from 2024 to 2032.

This report studies the Internet Protocol (IP) Telephony market, covering market size for segment by type (Hardware-based IP Telephony, Softphones, etc.), by application (BFSI, Healthcare, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Microsoft, Cisco Systems, Avaya, NEC Corporation, Mitel Networks, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Internet Protocol (IP) Telephony from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Internet Protocol (IP) Telephony market.

Leading Players of Internet Protocol (IP) Telephony including:

  • Microsoft
  • Cisco Systems
  • Avaya
  • NEC Corporation
  • Mitel Networks
  • Yealink
  • Panasonic
  • Toshiba
  • Polycom
  • LG Electronics
  • Ascom Holding
  • Grandstream Networks

Market split by Type:

  • Hardware-based IP Telephony
  • Softphones

Market split by Application:

  • BFSI
  • Healthcare
  • Retail
  • Government Organizations
  • Others

Market split by Sales Channel:

  • Direct Channel
  • Distribution Channel

Market split by Region/Country:

  • North America (United States and Canada)
  • Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
  • South America (Brazil, Mexico, and Argentina, etc.)
  • Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

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