London, UK (PRWEB) October 14, 2014
The global HD voice market is forecast to expand from USD 815.5 million as of 2014 to reach a value of around USD 2.297 billion in 2019. North America is expected to dominate the market in market size terms, whilst Europe and APAC are likely to see a hike in market traction over the forecast period. The key factors fuelling the growth in the market are the surging adoption of Voice over LTE (VoLTE), rising popularity of softphone technology, apparently changing voice usage models, and expansive continuous adoption by small-to-medium businesses. However, the market’s expansion is being restrained by the absence of codec interoperability, and restricted connectivity and accessibility of the devices.
The global HD voice market is consolidated with such behemoths as Ericsson, Orange, Alcatel-Lucent, Polycom, AT&T, Verizon Communications, Avaya, Broadcom Corporation, Deutsche Telekom, and Cisco Systems. The competition from these leading players further makes it hard for small vendors to make inroads into the HD voice market.
Topical research study “HD Voice Market by Application (Video Conferencing, Audio Conferencing, Web Conferencing, Multimedia Conferencing, Audio Broadcast, Announcement Services), by User Type (Enterprise User, Consumer) - Worldwide Market Forecasts and Analysis (2014 - 2019)” elaborated by MarketsandMarkets (M&M) is now available at MarketPublishers.com.
Title: HD Voice Market by Application (Video Conferencing, Audio Conferencing, Web Conferencing, Multimedia Conferencing, Audio Broadcast, Announcement Services), by User Type (Enterprise User, Consumer) - Worldwide Market Forecasts and Analysis (2014 - 2019)
Published: September, 2014
Price: US$ 4,650.00
The research report sheds light on the performance of the worldwide HD voice market, segmenting it based on application, access type, by user type, and geography; providing market size data and forecast figures to 2019-end for the entire market and for each individual segment. The report offers a detailed examination of the factors stimulating and limiting the growth in the world HD voice market, reveals the key opportunities and major challenges in the marketplace, and analyses the growth pace and penetration of HD voice across the regions discussed. A deep supply chain analysis, an insightful overview of key industry trends and developments, and Porter’s five forces analysis can be found in the study as well. The research publication offers a comprehensive examination of the competitive scenario, along with detailed profiles of the top 10 industry participants.
- In-depth research and analysis of the HD voice market landscape.
- Unbiased estimates of the market size in terms of value.
- Investigation of the market dynamics, including market drivers and restraints, opportunities and challenges.
- Value chain analysis, examination of the trends prevailing in the industry, Porter’s five forces model.
- Deep assessment of the world market on the basis of application, access type, user type across major regions.
- Unrivalled insights into the competitive landscape, including end-user analysis, M&As, and VC funding, among other issues.
- Exhaustive profiles of the 10 leading companies.
- Market development forecasts through to 2019.
More topical reports by the publisher can be found at MarketsandMarkets page.