GITNUX MARKETDATA REPORT 2024

Must-Know Voip Statistics [Recent Analysis]

Highlights: Voip Statistics

  • VoIP users in the U.S. reached 79.3 million in 2020.
  • Global corporate VoIP market is projected to be worth $98.9 billion by 2026.
  • The average revenue per user (ARPU) in the fixed VoIP segment is projected to amount to US$101.35 in 2021.
  • By 2021, the number of mobile VoIP users is expected to surpass 3 billion.
  • In 2020, the global VoIP market size was valued at USD 82.7 billion.
  • Market size in the fixed VoIP segment will reach US$25,401m in 2025.
  • The APAC region is predicted to grow at the highest CAGR of 13.4% for 2021-2026 period in the VoIP market.
  • As of 2020, corporate consumers constituted the largest VoIP market share at over 62%.
  • Mobile VoIP apps will generate annual revenues of $36 billion by 2026.
  • By the end of 2027, nearly 40% of global VoIP revenues will be accounted by the corporate consumer end-use segment.
  • By 2025, more than 348.5 billion minutes will be consumed in VoIP calls worldwide.
  • Fixed VoIP services accounted for 57% of the global VoIP services market revenue in 2020.
  • North America is expected to hold the largest share of the VoIP market during the forecast period.
  • Revenues from SIP (Session Initiation Protocol) trunking are expected to increase at a CAGR of 18.5% from 2021 to 2026.
  • The computer-to-computer segment of the VoIP market valued at USD 20.4 billion in 2020.

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In the ever-dynamic digital world, Voice Over Internet Protocol (VoIP) has emerged as a transformative technology that is rapidly reshaping the landscape of telecommunications. This highly efficient and cost-effective communication solution has racked up eye-opening statistics that are simply too significant to overlook. As we’re about to venture into this article, let’s unravel the surprising VoIP statistics that underline its growing influence, the remarkable cost savings it brings, and its potential to redefine our communication strategies. From businesses to individuals, the impact of VoIP is pervasive and profound. Hop on, as we delve into the intriguing world of VoIP and its staggering growth, mapped out in numbers.

The Latest Voip Statistics Unveiled

VoIP users in the U.S. reached 79.3 million in 2020.

In unveiling the spectacular rise in VoIP technology, one can’t help but observe the striking figure of 79.3 million users in the U.S in 2020. This number not only reflects the significant leap in VoIP usage but also serves as a bellwether of the future movement. This colossal number signifies that more people are moving away from traditional phone services to embrace this more flexible and cost-effective mode of communication. Given this implementation at such a large scale, this VoIP boom is a call to action for businesses, indicating the necessity to adapt for ensuring seamless communication and competitiveness in the market.

Global corporate VoIP market is projected to be worth $98.9 billion by 2026.

Diving into the ocean of VoIP statistics, one peerless pearl prominently stands out: The expected valuation of the global corporate VoIP market at a staggering $98.9 billion by 2026. This breathtaking financial value conveys a clear, commanding message about the prodigious growth potential of VoIP technology in the corporate world. It’s a testament to enterprises’ increasing reliance on efficient, cost-effective communication solutions, serving as a pulsating beacon illuminating the expanding horizon of digital communication. Looking at this corner-turning projection provides us with a reality check – that as we navigate the boundless sea of digital transformation, VoIP has proven to be not just a lifeboat, but a burgeoning, futuristic vessel commanding a gigantic market share. This is more than just a statistic, it’s a vivid foresight into how VoIP will continue to shape and be an integral part of our corporate communications tapestry.

The average revenue per user (ARPU) in the fixed VoIP segment is projected to amount to US$101.35 in 2021.

Forecasted to reach a staggering US$101.35 in 2021, the average revenue per user (ARPU) in the fixed VoIP segment holds high significance in the VoIP landscape. It is a beacon illuminating the potential profit that businesses in this sector can achieve. As a yardstick of revenue-making potential, ARPU indicates the robust vitality of the VoIP market. In the grand chessboard of VoIP statistics, it is the queen, setting the pace and bearing considerable impact on strategy formulation and decision making for both investors and operators alike. It thus splendidly underpins the economic value of the fixed VoIP segment, asserting as a green light for opportunities in the sector.

By 2021, the number of mobile VoIP users is expected to surpass 3 billion.

Foreseeing that mobile VoIP users are set to cross a phenomenal count of 3 billion by the close of 2021, illustrates the colossal relevance and acceptance of VoIP technology. In the chapter on VoIP Statistics in our blog post, such a figure is not just a number, but a testament to how globally embraced this technology has become. It underscores the fact that VoIP is not just a fleeting trend, but a significant shift in the way people communicate. This translates to a vast potential market for businesses, reinforcing why they should consider integrating VoIP technology if they haven’t already. Hence, this statistic strongly sets the stage for understanding the current landscape and future trends of VoIP technology.

In 2020, the global VoIP market size was valued at USD 82.7 billion.

Serving as a beacon of light in the global VoIP landscape, the striking valuation of USD 82.7 billion in 2020 underlines the aggressive expansion and the escalating relevance of VoIP technology. Emerging from the echoes of these numbers is a testament to VoIP’s formidable growth and its burgeoning adoption across industries, painting a picture richer than words for those following VoIP trends. This numerical revelation invites us to discern how VoIP is reshaping communication norms, reflecting not just its prowess but also its potential to scale new heights in the coming years. In the grand narrative of VoIP’s evolutionary journey, that USD 82.7 billion isn’t just a statistic; it’s a milestone etched in the sands of VoIP’s chronicle.

Market size in the fixed VoIP segment will reach US$25,401m in 2025.

Diving into the captivating world of VoIP Statistics, one can’t simply ignore the riveting projection. Esoteric as it might seem, the market size in the fixed VoIP segment piercing the $25,401m mark in 2025 indicates a towering wave in the ocean of technological communication. This numeric revelation doesn’t merely reflect the booming popularity and adoption of VoIP technology across businesses and individuals, but also paints a panoramic picture of development, progression and advancement within the industry.

This figure isn’t just a statistic; it’s a beacon, guiding entrepreneurs and business decision-makers to align their strategies, invest in VoIP technologies and bring revolutionary changes. So, while sipping your morning espresso and soaking in information about VoIP, consider this monetary figure as a compass needle pointing towards the future – a future where VoIP is not just a communication tool, but a critical conduit of innovation, amplifying efficiency, and reducing operational costs.

The APAC region is predicted to grow at the highest CAGR of 13.4% for 2021-2026 period in the VoIP market.

Underscoring the future expansion of the VoIP market, an intriguing insight reveals that APAC region is envisaged to chart a robust CAGR of 13.4% in the 2021-2026 period. This statistic is a guiding compass for businesses, tech-enthusiasts, and strategists browsing a blog post on VoIP statistics. It serves as a beacon of emerging opportunities, highlighting the region where the greatest growth in VoIP adoption is anticipated. Hence, for investors looking to amplify their stake in VoIP technology or for organizations considering expansion plans, this metric offers a glimpse into where the most dynamic and potentially profitable developments will be occurring in the next few years.

As of 2020, corporate consumers constituted the largest VoIP market share at over 62%.

The aforementioned statistic serves as an illuminating beacon, highlighting the significant role that corporate consumers occupy in the VoIP market. With a massive share of over 62% in 2020, it’s evident that VoIP technology has become an indispensable asset in corporate sector’s communication arsenal. Whether we consider multinational enterprises, government offices or startups, each avenue appears to have realized and leveraged the potential of VoIP to revolutionize their connectivity dynamics.

For a savvy reader of a blog post on VoIP statistics, such a fact forms a significant cornerstone. It not only captures a snapshot of the present market distribution but also offers hints toward the future trajectory of this technology. Such heavy corporate usage might spur VoIP providers towards tailoring services with enhanced features for this sector, or push entrepreneurs to funnel more innovation and resources into this space. It creates a ripple that reverberates through the entire VoIP industry.

Mobile VoIP apps will generate annual revenues of $36 billion by 2026.

The staggering projection of mobile VoIP apps producing annual revenues of a whopping $36 billion by 2026 unfurls a grand vista into future profitability. Indeed, this potential goldmine forecast is as illuminating as it is impactful. It offers a clear indication of the immense growth potential of VoIP technology, signaling to companies and investors that the VoIP territory is fertile ground for financial harvest. As we delve deeper into VoIP statistics, this statistic gleams like a lighthouse, guiding us towards the understanding that VoIP is not just an emerging trend, but poised to be a formidable titan in the telecom industry. Therefore, approaching this disruptive technology with strategic foresight and investment could catapult companies into unprecedented levels of success and profitability.

By the end of 2027, nearly 40% of global VoIP revenues will be accounted by the corporate consumer end-use segment.

Delving into this fascinating statistic offers a glimpse into the rapidly evolving landscape of VoIP communication, particularly highlighting the escalating corporate sector’s adoption trend. The eye-opening forecast of nearly 40% of global VoIP revenues by the end of 2027 being represented by the corporate consumer end-use segment underscores this technology’s massive role in shaping the future of enterprises. This trend is an illuminating piece of the VoIP Statistics narrative, hinting at the criticality of businesses in scaling VoIP technology’s commercial success. Moreover, the statistic takes center-stage in underscoring how technological advancements and the relentless quest for streamlined, efficient communication are driving businesses worldwide to increasingly invest in VoIP services, paving the way for a communication revolution.

By 2025, more than 348.5 billion minutes will be consumed in VoIP calls worldwide.

Forecasting such a hefty amount of minutes for VoIP calls worldwide by 2025 can make readers sit up and take notice. It illuminates the colossal growth and adoption that VoIP technology is expected to experience in the coming years. This projection sets stage for discussions about technological requirements, infrastructure enhancement, market opportunities, and policy making to accommodate the upcoming surge. For VoIP innovators, service providers, and investors alike, it offers insights into unprecedented potential demand and revenue opportunities. Even for ordinary consumers and businesses, it hints at an irrefutable shift towards internet-based telecommunication, triggering thoughts on unleashing its full potential. Thus, this forecast serves as a cornerstone for the blog post, stimulating intriguing discussions and plausible predictions about VoIP evolution.

Fixed VoIP services accounted for 57% of the global VoIP services market revenue in 2020.

Shining a spotlight on the crux of the global VoIP service economy in 2020, the commanding 57% revenue share of Fixed VoIP services underscores its dominant role. In a world that’s rapidly relinquishing wires for Wi-Fi, this finding jumps out, challenging the narrative of relentless wireless advance. It offers an intriguing perspective on market preferences, pointing towards the trust and reliability associated with fixed lines. Perhaps businesses find a comfort in the reliability of fixed VoIP systems over their mobile counterparts, or maybe there are operational demands that fixed systems are better suited for. Either way, this insightful statistic invites further exploration into the market dynamics, consumer preferences and future trends in the VoIP services industry. It also reminds us that while the winds of technology will continue to blow, anchors like fixed lines can still hold firm, contributing significantly within the digital communication landscape.

North America is expected to hold the largest share of the VoIP market during the forecast period.

Forecasting North America’s dominance in the VoIP market illustrates a significant trajectory we can anticipate in the global VoIP landscape. Examining this statistic turns the spotlight onto an area ripe with opportunities – North America. It signals a beckoning call for investors, businesses, and innovators to tap into this thriving market. In a blog post about VoIP Statistics, harnessing this information can outline potential strategies and fuel informed decisions. It’s akin to a treasure map, delineating where the goldmine of the VoIP industry lies in the future, setting the stage for planning the next big moves.

Revenues from SIP (Session Initiation Protocol) trunking are expected to increase at a CAGR of 18.5% from 2021 to 2026.

Illuminating the financial magnitude of SIP trunking, the anticipated 18.5% CAGR serves as a robust testament to the enduring potency and ever-rising demand for this transformative technology. Set to thrive from 2021 to 2026, it underscores the burgeoning importance of IP-based communication systems like VoIP in our increasingly digital and interconnected world. Embedded in these figures is a narrative of technological evolution, where traditional communication systems cede terrain to more versatile, scalable, and efficient VoIP solutions. Hence, this statistic is a remarkable compass pointing towards the bright future of VoIP, defining the blog post’s landscape on VoIP statistics.

The computer-to-computer segment of the VoIP market valued at USD 20.4 billion in 2020.

Diving into the VoIP statistics universe, one cannot gloss over the incredible value of the computer-to-computer segment of the VoIP market, valued at a whopping USD 20.4 billion in 2020. This figure not just represents a benchmark in the global VoIP playing field, but it also indicates the influential role VoIP technology has begun to play in our digitally connected world. It unveils the burgeoning demand for computer-to-computer communication, reflecting on the profound changes in communication trends and the huge potential VoIP services hold for businesses and individuals alike. Through the lens of this statistic, readers get a taste of the financial vitality and the growth trajectory of this segment, painting a bright and promising future. Therefore, the charm and weight of this statistic cannot be understated when drafting a comprehensive exploration into VoIP market trends and dynamics.

Conclusion

In a data-driven world, the relevance, growth, and popularity of VoIP technology can’t be overlooked. These VoIP statistics illuminate a bright future for this revolutionary communication technology. As businesses adapt to the increasingly digital and interconnected global landscape, VoIP services appear to be the gold standard in fostering seamless, cost-effective, and efficient communications. If you haven’t already integrated VoIP into your business processes, these numbers make a compelling case to do so for long-term business resilience and sustainability.

References

0. – https://www.www.statista.com

1. – https://www.www.grandviewresearch.com

2. – https://www.www.prnewswire.com

3. – https://www.www.globenewswire.com

4. – https://www.www.fortunebusinessinsights.com

5. – https://www.www.marketsandmarkets.com

6. – https://www.financesonline.com

7. – https://www.www.persistencemarketresearch.com

8. – https://www.www.researchandmarkets.com

9. – https://www.www.juniperresearch.com

10. – https://www.www.alliedmarketresearch.com

WifiTalents, cited April 2024: Voip

FAQs

What is VoIP?

VoIP, or Voice over Internet Protocol, is a technology that allows users to make voice calls using a broadband Internet connection instead of a regular phone line. It converts the voice signal from a telephone into a digital signal that can travel over the Internet.

Does VoIP offer the same quality as traditional landline phone calls?

Yes, with a solid internet connection, VoIP can provide call quality that is the same or even better compared to traditional landline phone calls. However, the quality can be affected by factors like Internet speed, bandwidth, and the equipment being used.

What equipment do I need to use VoIP?

To use VoIP, you generally need a broadband internet connection, a router, a VoIP service provider, and either a computer with a microphone or a special VoIP phone. Some services allow you to use a traditional phone connected to a VoIP adapter.

Can I use VoIP anywhere?

Yes, as long as you have access to a broadband Internet connection, you can use VoIP anywhere. This feature makes VoIP a highly convenient option for people who travel frequently or who live in areas with poor traditional phone service.

Is VoIP cheaper than using a traditional phone line?

In general, VoIP services tend to be cheaper than traditional phone services, especially for long-distance and international calls. However, costs can vary depending on your specific needs, the service you choose, and the equipment you need to purchase or rent.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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