With Market Size Valued at $8.4 Billion by 2026, it`s a Healthy Outlook for the Global Voice over WiFi (VoWiFi) Market
SAN FRANCISCO, June 29, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Voice over WiFi (VoWiFi) – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
Edition: 8; Released: January 2022
Executive Pool: 2692
Companies: 42 – Players covered include Cisco Systems, Inc.; Ericsson AB; Huawei Technologies Co., Ltd.; Nokia Corporation; Ribbon Communications and Others.
Coverage: All major geographies and key segments
Segments: Device Type (Smartphone, Router, Other Device Types); End-Use (Integrated VoWiFi Client, Separate VoWiFi Client, Browser VoWiFi Client)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Voice over WiFi (VoWiFi) Market to Reach $8.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Voice over WiFi (VoWiFi) estimated at US$2.3 Billion, is projected to reach a revised size of US$8.4 Billion by 2026, growing at a CAGR of 24.2% over the analysis period. Smartphone, one of the segments analyzed in the report, is projected to record a 25.9% CAGR and reach US$5.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Router segment is readjusted to a revised 23.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $873.6 Million in 2021, While China is Forecast to Reach $1.5 Billion by 2026
The Voice over WiFi (VoWiFi) market in the U.S. is estimated at US$873.6 Million
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SOURCE Global Industry Analysts, Inc.
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