IP Telephony Market is Anticipated to Grow at an Impressive CAGR During 2022-2028


Nameless2023/05/01 11:34
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The IP telephony market was projected to grow from USD 2.4 billion in 2021 to USD 5.9 billion by 2028 at a CAGR of 13.59% during the forecast period. Read more - https://www.stratviewresearch.com/2753/ip-telephony-market.html

IP Telephony Market is Anticipated to Grow at an Impressive CAGR During 2022-2028 (1)

Due to the low cost of IP telephony systems. IP telephony, or Voice over Internet Protocol (VoIP), allows businesses to make phone calls over the Internet rather than traditional phone lines. This technology has become increasingly popular due to its many benefits, including cost savings, flexibility, and scalability.

IP Telephony Market is Anticipated to Grow at an Impressive CAGR During 2022-2028 (2)

Asia Pacific accounted for the largest market share in 2021 & is expected to maintain its dominance during the forecast period. However, overall, there is a growing demand for IP telephony solutions and UC applications among businesses in the region, particularly in more advanced markets such as Japan, South Korea, Singapore, and Australia.

IP Telephony Market is Anticipated to Grow at an Impressive CAGR During 2022-2028 (3)

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