The Global HD voice market to grow from $815.5million in 2014 to $2,296.6million in 2019.
(PRWEB) September 24, 2014
The Global HD voice market to grow from $815.5million in 2014 to $2,296.6million in 2019. North America is expected to be the largest market in terms of market size, while Europe and Asia-Pacific are expected to experience an increase in market traction during the forecast period.
Voice communication is moving rapidly with the evolution from Plain Old Telephone Service (POTS) to IP-based telephony. HD voice refers to the next-generation technology which offers considerably higher voice quality for calls using both mobile and fixed networks. This technology is a type of voice transmission, present in VoIP systems, whereby higher voice quality is communicated over a lower bandwidth. Complete report is available at http://www.reportsnreports.com/reports/298234-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-.html .
The usage patterns and growth of Over-The-Top (OTT) providers such as that of Skype are visibly driving the market for VoIP technology. The businesses, predominantly in the case of SMBs, are also progressively deploying web conferencing applications to combine voice, video, and screen sharing for provision of an enriched communication experience.
Strategic VoIP handset equipment vendors, namely Polycom, Snom, and Aastra among various others are gradually implementing HD codec technology into their products, in order to remain competitive and offer an additional enticement for its customers to shift to VoIP technology.
HD Voice Market players including Ericsson, At&T, Orange AG, Verizon Communications, Polycom Inc, Cisco Systems Inc, Broadcom Corporation, Alcatel-Lucent, Deutsche Telekom AG and Avaya Inc Order a copy of this report (Priced US $4650) at http://www.reportsnreports.com/purchase.aspx?name=298234 .
The major restraints in this market are the lack of codec interoperability, and limited accessibility and connectivity of the devices. This report analyzes the growth rate and penetration of HD voice across all regions.
There are various assumptions that have been taken into consideration for the market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rate is one of the economic factors which are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging Asia-Pacific (APAC) regions. Priced at US $4650 for a single user PDF, a discount on this research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=298234 .
The report will help the market leaders/new entrants in this market in the following ways:
- This report segments the market into applications, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across different users and regions.
- This report will help them better understand the competitors and gain more insights to better position one’s business. There is a separate section on competitive landscape, includingend-user analysis, mergers and acquisitions, and venture capital funding. Besides this, there are company profiles of the ten major players in this market. In this section, market internals are provided that can help place one’s company ahead of the competitors.
- The report helps them understand the pulse of the market. The report provides information on key market drivers, restraints, challenges, and opportunities.
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