Cloud Telephony Service Market - Global Industry Analysis

Cloud Telephony Service Market - By Deployment Type (Hosted and Cloud), By Enterprise Size (Small & Medium Enterprises and Large Enterprises, By Network (PSTNs and VoIP), By Application (Multi-Level IVR, Conferencing, CRM, Sales & Marketing, and Others), By Industry (BFSI, Retail, Healthcare, Education, Media & Entertainment, Government, and IT & Telecommunication), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 09-Feb-2021 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-3151 Status : Published

The global Cloud Telephony Service market, which accrued revenue worth 18.94 (USD Billion) in 2018 and anticipated to garner earnings about 52.10 (USD Billion) by 2025, is set to grow at a CAGR of nearly 13.15% during the period from 2019 to 2025.

Description

The global Cloud Telephony Service market, which accrued revenue worth 18.94 (USD Billion) in 2018 and anticipated to garner earnings about 52.10 (USD Billion) by 2025, is set to grow at a CAGR of nearly 13.15% during the period from 2019 to 2025. The report offers valuation and analysis of the Cloud Telephony Service market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Cloud Telephony Service Market: Outlook

Cloud telephony is a kind of service via which data & voice services are operated through use of web connection. Apparently, cloud telephony solutions provide enhanced scalability to the firms as they facilitate in appending more channels as compared to current ones. These solutions work over Voice over internet protocol (VoIP) phone tools and Public Switched Telephone Networks.

Cloud Telephony Service Market: Growth Factors

Telecom firms are migrating from conventional networks to IP networking and this will help the cloud telephone service market to hit optimum threshold of growth in the coming years. In addition to this, easy access to power supply in emerging nations and its use as cost-effective substitute for conventional services like ISDN and PSTN are the major cloud telephone service market growth drivers. Nonetheless, low knowledge pertaining to cloud telephony service tools among the people and lack of suppleness in adopting new technologies can pose challenge to the expansion of cloud telephony service industry over the years ahead. Apparently, data breaches, security threats, and susceptibility to cyberattacks are some of the factors that can put brakes on the business growth in the foreseeable future.  

Furthermore, cloud telephony service industry is highly competitive and hence vendors are providing competitive pricing for their services along with new features to attract customers and expand their business. Such moves will culminate into market proliferation.  

North America To Retain Market Domination Over 2019-2025

The expansion of the cloud telephony service market in the sub-continent over the forecast timeframe is ascribed to presence of large number of vendors in the countries such as Canada and the U.S. In addition to this, strong IT infrastructure facility in these countries will facilitate the growth of cloud telephony service market in the region. Apart from this, growing trend among the young and adult population to use tech-savvy gadgets will prop up the expansion of cloud telephony service industry in the North American sub-continent. Furthermore, escalating demand for availing seamless customer services has resulted in growing use of cloud computing systems, thereby creating new opportunities of business growth in the region.

Key participants profiled in the study are NTT Communications, Nextiva, Mitel Networks Corporation, NFON AG, Redcentric plc, Microsoft Corporation, NovaCloud Pty Ltd., NetFortis, Natterbox Ltd., and PortaOne, Inc.

 The global cloud telephony service market is segmented as follows:

By enterprise size:

  • Small & medium enterprises
  • Large enterprises

By deployment type:

  • Hosted
  • Cloud

By network:

  • VoIP (voice over internet protocol)
  • PSTNs (public switched telephone networks)

By application:

By industry:

  • BFSI (banking, financial services and insurance)
  • Media & Entertainment
  • Healthcare
  • Retail
  • IT & Telecommunication
  • Government
  • Education

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Cloud Telephony Service Market, 2015–2025 (USD Billion)
    • 2.2. Cloud Telephony Service Market: Snapshot
  • Chapter 3. Global Cloud Telephony Service Market– Industry Analysis
    • 3.1. Cloud Telephony Service Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Cloud telephony service industry is highly competitive and hence vendors are providing competitive pricing for their services along with new features to attract customers and expand their business. Such moves will culminate into market pruliferation.
      • 3.2.2. Telecom firms are migrating from conventional networks to IP networking and this will help the cloud telephone service market to hit optimum threshuld of growth in the coming years.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Deployment Type
      • 3.4.2. Market attractiveness analysis By Application
      • 3.4.3. Market attractiveness analysis By Enterprise Size
      • 3.4.4. Market attractiveness analysis By Industry
      • 3.4.5. Market attractiveness analysis By Network
  • Chapter 4. Global Cloud Telephony Service Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Cloud Telephony Service Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Cloud Telephony Service Market–Deployment Type Analysis
    • 5.1. Global Cloud Telephony Service Market overview: By Deployment Type
      • 5.1.1. Global Cloud Telephony Service Market share, By Deployment Type,2018 and 2025
    • 5.2. Hosted
      • 5.2.1. Global Cloud Telephony Service Market by Hosted, 2015–2025 (USD Billion)
    • 5.3. Cloud
      • 5.3.1. Global Cloud Telephony Service Market by Cloud, 2015–2025 (USD Billion)
  • Chapter 6. Global Cloud Telephony Service Market–Network Analysis
    • 6.1. Global Cloud Telephony Service Market overview: By Network
      • 6.1.1. Global Cloud Telephony Service Market share, By Network,2018 and 2025
    • 6.2. PSTNs
      • 6.2.1. Global Cloud Telephony Service Market by PSTNs, 2015–2025 (USD Billion)
    • 6.3. VoIP
      • 6.3.1. Global Cloud Telephony Service Market by VoIP, 2015–2025 (USD Billion)
  • Chapter 7. Global Cloud Telephony Service Market– Application Analysis
    • 7.1. Global Cloud Telephony Service Market overview: By Application
      • 7.1.1. Global Cloud Telephony Service Market share, By Application , 2018 and 2025
    • 7.2. Multi-Level IVR
      • 7.2.1. Global Cloud Telephony Service Market By Multi-Level IVR , 2015–2025 (USD Billion)
    • 7.3. Conferencing
      • 7.3.1. Global Cloud Telephony Service Market By Conferencing, 2015–2025 (USD Billion)
    • 7.4. CRM
      • 7.4.1. Global Cloud Telephony Service Market By CRM, 2015–2025 (USD Billion)
    • 7.5. Sales & Marketing
      • 7.5.1. Global Cloud Telephony Service Market By Sales & Marketing, 2015–2025 (USD Billion)
    • 7.6. Others
      • 7.6.1. Global Cloud Telephony Service Market By Others, 2015–2025 (USD Billion)
  • Chapter 8. Global Cloud Telephony Service Market– Enterprise Size Analysis
    • 8.1. Global Cloud Telephony Service Market overview: By Enterprise Size
      • 8.1.1. Global Cloud Telephony Service Market share, By Enterprise Size , 2018 and 2025
    • 8.2. Small & Medium Enterprises
      • 8.2.1. Global Cloud Telephony Service Market By Small & Medium Enterprises, 2015–2025 (USD Billion)
    • 8.3. Large Enterprises
      • 8.3.1. Global Cloud Telephony Service Market By Large Enterprises, 2015–2025 (USD Billion)
  • Chapter 9. Global Cloud Telephony Service Market– Industry Analysis
    • 9.1. Global Cloud Telephony Service Market overview: By Industry
      • 9.1.1. Global Cloud Telephony Service Market share, By Industry, 2018 and 2025
    • 9.2. BFSI
      • 9.2.1. Global Cloud Telephony Service Market By BFSI, 2015–2025 (USD Billion)
    • 9.3. Retail
      • 9.3.1. Global Cloud Telephony Service Market By Retail, 2015–2025 (USD Billion)
    • 9.4. Healthcare
      • 9.4.1. Global Cloud Telephony Service Market By Healthcare, 2015–2025 (USD Billion)
    • 9.5. Education
      • 9.5.1. Global Cloud Telephony Service Market By Education, 2015–2025 (USD Billion)
    • 9.6. Media & Entertainment
      • 9.6.1. Global Cloud Telephony Service Market By Media & Entertainment, 2015–2025 (USD Billion)
    • 9.7. Government
      • 9.7.1. Global Cloud Telephony Service Market By Government, 2015–2025 (USD Billion)
    • 9.8. IT & Telecommunication
      • 9.8.1. Global Cloud Telephony Service Market By IT & Telecommunication, 2015–2025 (USD Billion)
  • 10. Company Profiles
    • 10.1. Mitel Networks Corporation
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Service Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. Microsoft Corporation
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Service Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. NetFortis
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Service Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. Natterbox Ltd.
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Service Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Development
    • 10.5. NFON AG
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Service Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Development
    • 10.6. Nextiva
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Service Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Development
    • 10.7. NTT Communications
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Service Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Development
    • 10.8. NovaCloud Pty Ltd.
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Service Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Development
    • 10.9. Redcentric plc
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Service Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Development
    • 10.10. PortaOne, Inc.
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Service Portfolio
      • 10.10.4. Business Strategy
      • 10.10.5. Recent Development

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Cloud Telephony Service Market, 2015–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Cloud Telephony Service Market attractiveness, By Deployment Type 
6. Global Cloud Telephony Service Market attractiveness, By Enterprise Size 
7. Global Cloud Telephony Service Market attractiveness, By Industry 
8. Global Cloud Telephony Service Market attractiveness, By Application
9. Global Cloud Telephony Service Market attractiveness, By Network
10. Global Cloud Telephony Service Market share, By Deployment Type, 2018 and 2025
11. Global Cloud Telephony Service Market by Hosted, 2015–2025 (USD Billion)
12. Global Cloud Telephony Service Market by Cloud,2015–2025 (USD Billion)
13. Global Cloud Telephony Service Market Share by Application ,2018 and 2025 (USD Billion)
14. Global Cloud Telephony Service Market by Multi-Level IVR ,2015–2025 (USD Billion)
15. Global Cloud Telephony Service Market by Conferencing ,2015–2025 (USD Billion)
16. Global Cloud Telephony Service Market by CRM,2015–2025 (USD Billion)
17. Global Cloud Telephony Service Market by Sales & Marketing,2015–2025 (USD Billion)
18. Global Cloud Telephony Service Market by Others,2015–2025 (USD Billion)
19. Global Cloud Telephony Service Market Share by Industry ,2018 and 2025 (USD Billion)
20. Global Cloud Telephony Service Market by BFSI ,2015–2025 (USD Billion)
21. Global Cloud Telephony Service Market by Retail ,2015–2025 (USD Billion)
22. Global Cloud Telephony Service Market by Healthcare ,2015–2025 (USD Billion)
23. Global Cloud Telephony Service Market by Education ,2015–2025 (USD Billion)
24. Global Cloud Telephony Service Market by Media & Entertainment ,2015–2025 (USD Billion)
25. Global Cloud Telephony Service Market by Government ,2015–2025 (USD Billion)
26. Global Cloud Telephony Service Market by IT & Telecommunication ,2015–2025 (USD Billion)
27. Global Cloud Telephony Service Market Share by Enterprise Size ,2018 and 2025 (USD Billion)
28. Global Cloud Telephony Service Market by Small & Medium Enterprises ,2015–2025 (USD Billion)
29. Global Cloud Telephony Service Market by Large Enterprises ,2015–2025 (USD Billion)
30. Global Cloud Telephony Service Market Share by Network ,2018 and 2025 (USD Billion)
31. Global Cloud Telephony Service Market by PSTNs,2015–2025 (USD Billion)
32. Global Cloud Telephony Service Market by VoIP,2015–2025 (USD Billion)
33. Global Cloud Telephony Service Market share, by Region, 2018 and 2025
34. North America Cloud Telephony Service Market, 2015–2025 (USD Billion)
35. Europe Cloud Telephony Service Market, 2015–2025 (USD Billion)
36. Asia Pacific Cloud Telephony Service Market, 2015–2025 (USD Billion)
37. Latin America Cloud Telephony Service Market, 2015–2025 (USD Billion)
38. The Middle East and Africa Cloud Telephony Service Market, 2015–2025 (USD Billion)


Table Of Tables

List of Tables

1. Global Cloud Telephony Service Market: snapshot
2. Drivers of the Cloud Telephony Service Market: impact analysis
3. North America Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
4. North America Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
5. North America Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
6. North America Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
7. North America Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
8. The U.S. Cloud Telephony Service Market revenue, By Deployment Type, 2015–2025 (USD Billion)
9. The U.S. Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
10. The U.S. Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
11. The U.S. Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
12. The U.S. Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
13. Rest of North America Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
14. Rest of North America Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
15. Rest of North America Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
16. Rest of North America Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
17. Rest of North America Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
18. Europe Cloud Telephony Service Market revenue, By Deployment Type, 2015–2025 (USD Billion)
19. Europe Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
20. Europe Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
21. Europe Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
22. Europe Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
23. UK Cloud Telephony Service Market revenue, By Deployment Type ,2015–2025 (USD Billion)
24. UK Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
25. UK Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
26. UK Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
27. UK Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
28. France Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
29. France Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
30. France Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
31. France Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
32. France Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
33. Germany Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
34. Germany Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
35. Germany Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
36. Germany Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
37. Germany Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
38. Rest of Europe Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
39. Rest of Europe Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
40. Rest of Europe Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
41. Rest of Europe Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
42. Rest of Europe Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
43. Asia Pacific Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
44. Asia Pacific Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
45. Asia Pacific Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
46. Asia Pacific Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
47. Asia Pacific Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
48. China Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
49. China Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
50. China Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
51. China Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
52. China Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
53. Japan Cloud Telephony Service Market revenue, By Deployment Type, 2015–2025 (USD Billion)
54. Japan Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
55. Japan Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
56. Japan Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
57. Japan Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
58. India Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
59. India Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
60. India Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
61. India Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
62. India Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
63. Rest of Asia Pacific Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
64. Rest of Asia Pacific Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
65. Rest of Asia Pacific Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
66. Rest of Asia Pacific Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
67. Rest of Asia Pacific Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
68. Latin America Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
69. Latin America Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
70. Latin America Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
71. Latin America Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
72. Latin America Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
73. Brazil Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
74. Brazil Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
75. Brazil Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
76. Brazil Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
77. Brazil Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
78. Rest of Latin America Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
79. Rest of Latin America Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
80. Rest of Latin America Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
81. Rest of Latin America Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
82. Rest of Latin America Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
83. The Middle East and Africa Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
84. The Middle East and Africa Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
85. The Middle East and Africa Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
86. The Middle East and Africa Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
87. The Middle East and Africa Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
88. Saudi Arabia Cloud Telephony Service Market revenue, By Deployment Type, 2015–2025 (USD Billion)
89. Saudi Arabia Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
90. Saudi Arabia Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
91. Saudi Arabia Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
92. Saudi Arabia Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
93. South Africa Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
94. South Africa Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
95. South Africa Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
96. South Africa Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
97. South Africa Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)
98. Rest of the Middle East & Africa Cloud Telephony Service Market revenue, By Deployment Type,2015–2025 (USD Billion)
99. Rest of the Middle East & Africa Cloud Telephony Service Market revenue, By Application , 2015–2025 (USD Billion)
100. Rest of the Middle East & Africa Cloud Telephony Service Market revenue, By Enterprise Size ,2015–2025 (USD Billion)
101. Rest of the Middle East & Africa Cloud Telephony Service Market revenue, By Industry , 2015–2025 (USD Billion)
102. Rest of the Middle East & Africa Cloud Telephony Service Market revenue, By Network, 2015–2025 (USD Billion)

 
 

Methodology

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FrequentlyAsked Questions

Telecom firms are migrating from conventional networks to IP networking and this will help the cloud telephone service market to hit optimum threshold of growth in the coming years. In addition to this, easy access to power supply in emerging nations and its use as cost-effective substitute for conventional services like ISDN and PSTN are the major cloud telephone service market growth drivers. Furthermore, cloud telephony service industry is highly competitive and hence vendors are providing competitive pricing for their services along with new features to attract customers and expand their business. Such moves will culminate into market proliferation.  

According to Zion market research report, the global Cloud Telephony Service market, which accrued revenue worth 18.94 (USD Billion) in 2018 and anticipated to garner earnings about 52.10 (USD Billion) by 2025, is set to grow at a CAGR of nearly 13.15% during the period from 2019 to 2025.

North America is likely to make noteworthy contributions towards overall market revenue during 2019-2025. The growth of the Cloud Telephony Service market in the region over forecast timespan can be credited to presence of large number of vendors in the countries such as Canada and the U.S. In addition to this, strong IT infrastructure facility in these countries will facilitate the growth of cloud telephony service market in the region. Apart from this, growing trend among the young and adult population to use tech-savvy gadgets will prop up the expansion of cloud telephony service industry in the North American sub-continent. Furthermore, escalating demand for availing seamless customer services has resulted in growing use of cloud computing systems, thereby creating new opportunities of business growth in the region.

The key players profiled in the report include NTT Communications, Nextiva, Mitel Networks Corporation, NFON AG, Redcentric plc, Microsoft Corporation, NovaCloud Pty Ltd., NetFortis, Natterbox Ltd., and PortaOne, Inc.

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