Mobile voice over internet (VoIP) protocol facilitates communication using a cell phone and other services offered by VoIP providers. It is an extension of mobility to voice over IP telephony. It facilitates efficient communication at a low cost. People use VoIP to send digital signals over the internet including voice calls. Mobile VoIP utilizes 3G, 4G, and GSM internet services.
Startups and small-medium enterprises are booming all across the globe. These organizations require an interrupted and efficient communication network, which in turn is significantly fuelling the growth of the global mobile VoIP market. The technology is likely to boost the overall productivity of the organization by helping the staff and employees multitask without network interruption. Furthermore, the technology facilitates instant messaging apps like WhatsApp and Facebook that use mobile VoIP instead of cellular phone service for calling. Furthermore, it offers users the facility to send a wide number of content including videos, photos, and links to their friends. The growing penetration of smartphone users has significantly populated the demand for mobile VoIP technology, which in turn is likely to positively shape the trajectory of the global mobile VoIP market in the forthcoming year. The presence of robust network infrastructure, inexpensive calling facility, and low data rates are some of the primary key factors that will propel the growth of the market globally.
The surging number of social media applications globally along with the growing interactions of the audience on social media platforms is fuelling the adoption of such services. However, the surge in the popularity of user-friendly applications like Skype, Line, and Viber that giant organizations use for their official interactions will also offer immense hype to such technology.
The global mobile VoIP market can be segmented into platform, services, and region.
By platform, the market can be segmented into Windows OS, iOS, Android OS, and others. The Android OS segment accounts for the largest share in the global mobile VoIP market due to the growing adoption of smartphones with enhanced features like holographic displays, flexible screens, and augmented reality.
By services, the market can be segmented into instant messaging, video conferencing, video & voice calls, and others. The instant messaging segment dominates the global mobile VoIP market due to the widespread availability of several devices and platforms providing free accessibility and ease of use.
Asia Pacific accounts for the largest share in the global mobile VoIP market due to the growing subscriber base in the region, especially in countries like China and India. The growth in the investment in deploying high-speed internet services in the region will also offer immense good potential for the growth of the regional market.
Europe is expected to be the fastest-growing region in the global mobile VoIP market due to the high internet penetration along with the growing adoption of communication platforms like Skype in the region.
Some of the significant players in the global mobile VoIP market are Kakao Corporation, Vonage Holdings Corporation, Talk 360, Skype, Microsoft Corporation, MagicJack VocalTec. Ltd., Google, Inc., Facebook, Inc., T-Mobile Us, Inc, Tencent Holding Ltd, Tata Communication Ltd, Talk 360, Starssip Ltd, Ringcentral Inc, One Horizon Group Inc, and Apple. Inc. To cite, Motorola Solutions in March 2019 acquired AVTEC Limited, a VoIP dispatch provider. The initiative was aimed to widen its public safety software and services.