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Aug. 5, 2020, 6:08 a.m. EDT

Global Mobile VoiP Market Size, Outlook To 2024 – Emerging Trends, Technological Analysis, Application Insights And Competitive Landscape | Million Insights

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Aug 05, 2020 (AB Digital via COMTEX) -- The global Mobile VoiP Market is set to witness a higher CAGR in the forecast period. Rising volume of mobile communication and smartphones significantly drives the Mobile VoiP industry. In addition, the communication apps now have a sizeable market and every communication company has a tremendous competitive advantage.

Skype, WhatsApp, Viber, and Line hold prominence in the mobile VoiP market. Constant R&D for communication, connectivity, and entertainment leverages the use of smartphones in the forecast period. However, confined network speeds, low awareness on communication levels in developing/underdeveloped countries along with government restrictions might hinder the market growth in the forecast period.

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By service, the mobile VoiP industry is segmented into Video Conferencing, Video and Voice Call, and Instant Messaging. By Platform, the mobile VoiP market segmentation comprises Windows OS, iOS and Android OS. Based on service, the mobile VoiP industry segmentation comprises instant messaging, video, and voice call. By platform, the VoiP market is segmented as Android OS, iOS and Windows OS.

Geographical segmentation for mobile VoiP market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific accounts for a significant market share in the global market due to increase in use of technology and significant investment for high-speed Internet. The region witnesses a high number of voice mail subscription owing to increase in internet services and mobile use.

North American and European markets have gained tremendous popularity, as internet proliferation is high in these areas. Technological advances and emergence of new communication technologies is likely to pump the market growth in these areas. Middle Eastern areas enjoy a higher market position owing to use of enhanced technologies. African market is expected to grow at a moderate CAGR owing to low proliferation of internet services. The key players in the mobile VoiP industry include Apple Inc, Facebook Inc, Microsoft Inc, Vonage Holdings Corporation, Apple Inc, Google Inc, One Horizon Group Inc, and Kakao Corporation.

Full Research Report On Global Mobile VoiP Market Analysis available at: https://www.millioninsights.com/industry-reports/mobile-voip-market

Market Segment:

Mobile VoIP Services Outlook (Revenue, USD Billion, 2014 - 2024)
• Video and voice call
• Video conferencing
• Instant messaging
• Others

Mobile VoIP Platform Outlook (Revenue, USD Billion, 2014 - 2024)
• Android OS
• iOS
• Windows OS
• Others

Mobile VoIP Regional Outlook (Revenue, USD Billion, 2014 - 2024)
• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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