Among the major factors contributing to the growth of the mobile VoIP solutions market, increasing internet penetration and the popularity of smartphones are the key factors driving the market. Additionally, the lowering of call rates and seamless communication are other factors driving the market. In the report, the market is segmented according to the service types, with voice service gaining the largest share by 2018. Video services are anticipated to grow at the highest CAGR during the forecast period, owing to the high demand for collaboration and video conferencing.
The report also includes a detailed company profile of key vendors in the global mobile VoIP solutions market.
Technavio’s award-winning market research solution helps users to understand the latest industry data. The report provides an overview of the global mobile VoIP solutions market by region, including EMEA and APAC. The study is divided into three regions: the Americas, EMEA, and APAC. Once a country has been determined, it can begin to plan for its future growth.
In 2010 and 2011, approximately 21 percent of mobile data traffic was offloaded to fixed networks. By 2015, Cisco’s Visual Networking Index projects that this number will rise to 34 percent. Furthermore, the market will be fueled by the increasing popularity of smartphones and tablets. The growth of mobile data traffic is expected to continue to increase, especially in developing countries where mobile phone penetration is low. In the meantime, mobile Internet applications will allow consumers to connect to the internet wherever they may be.