IP Telephony Market is Driven by 5.4% CAGR to Hit US$ 4007.5 Million by 2030 with Key Players like Cisco, Avaya, Mitel, Polycom, Alcatel-Lucent, Yealink, LogMeIn, Panasonic, Grandstream & Others

IP Telephony Market is Driven by 5.4% CAGR to Hit US$ 4007.5 Million by 2030 with Key Players like Cisco, Avaya, Mitel, Polycom, Alcatel-Lucent, Yealink, LogMeIn, Panasonic, Grandstream & Others
IP Telephony Market Set to Reach US$ 4007.5 Million by 2030, Fueled by Growing Adoption of VoIP Technology
The IP Telephony Market is poised to achieve a valuation of US$ 4007.5 million by 2030, propelled by a remarkable Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period from 2024 to 2030. This growth is attributed to the increasing adoption of Voice over Internet Protocol (VoIP) technology and the rising demand for cost-effective communication solutions in businesses worldwide.


IP telephony is a method and group of technologies for the delivery of voice communications and multimedia sessions over Internet Protocol (IP) networks, such as the Internet. The terms Internet telephony, broadband telephony, and broadband phone service specifically refer to the provisioning of communications services (voice, fax, SMS, voice-messaging) over the public Internet, rather than via the public switched telephone network (PSTN), also known as plain old telephone service (POTS).

The global IP Telephony Market was valued at US$ 2761.2 million in 2023 and is anticipated to reach US$ 4007.5 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.

The key players of global IP Telephony market includes Cisco, Avaya, Mitel, Polycom, Alcatel-Lucent and so on. In 2019, the top 5 companies accounted for a total market share of about 50%, among which Cisco is in the dominating position, with occupying nearly 13% of global market.

This report aims to provide a comprehensive presentation of the global market for IP Telephony, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IP Telephony.

Report Scope

The IP Telephony market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IP Telephony market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the IP Telephony companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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By Company

  • Cisco
  • Avaya
  • Mitel
  • Polycom
  • Alcatel-Lucent
  • Yealink
  • LogMeIn
  • Panasonic
  • Grandstream
  • NEC
  • Gigaset
  • D-Link
  • Escene
  • Fanvil
  • Snom


Segment by Type

  • IP Telephony Hardware
  • IP Telephony Software and Service


Segment by Application

  • BFSI
  • IT & Telecommunication
  • Retail
  • Government
  • Others


By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Netherlands)
  • Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
  • Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)


Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of IP Telephony companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

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