The UK IP Telephony market accounted for US$ 1.50 Bn in 2017 and is anticipated to grow at a CAGR of 8.1% to account for US$ 2.74 Bn by 2025.
The government of UK focuses in the advancement business case for the future infrastructure investment by way of taking initiatives, such as the Digital Infrastructure Investment Fund, Local Full Fiber Networks programme, and business rates relief for fiber networks.
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UK IP Telephony Market – Company Profiles
- Avaya Inc.
- Mitel Networks Corporation
- NEC Corporation
- Microsoft Corporation
- Cisco Systems, Inc.
- Panasonic Corporation
- Yealink Inc.
- Toshiba Corporation
- Ascom Holding AG
- Polycom, Inc.
- Unify Software And Solutions GmbH & Co. KG
In the year 2016, the UK telecom sector had generated approx. £35.6bn in revenue and also registered substantial growth in the subsequent years. This growth in the UK telecom industry was majorly attributed to the burgeoning adoption of superfast broadband services. Furthermore, the strong regulatory system in UK in regards with internet telephony, and as the country recognizes internet access as a vital need for the citizens and focus on thorough execution of regulation is expected to emphasis on the extension of broadband infrastructure and coverage to rural areas. The trend is expected to have a significant impact on the IP telephony market in UK, as improvements in the broadband infrastructure would enable the enterprises to adopt IP telephony systems widely, because it would not only leverage its global connectivity capabilities but also enable the companies to reduce their operating cost related to international communication, which was higher when performed using fixed cable lines.
UK IP Telephony Market – Market Insights
The rise in demand for advanced internet facilities across business corporate
The IP phones system lays the foundation for technological advancements in organizations by synchronizing a wide range of communication and collaborations tools; also they enable the organizations to integrate with their key business applications at a broader aspect. With the help of unification of numerous locations amid a business firm, for instance, the unification of itinerant workers under a single congregated network, the IP telephony offers flexible and advanced features for the communication process. The ability of the IP telephony to provide its users with seamless connectivity across the globe with minimal disruptions enables the organizations to enhance their performance and elevate their profitability.
Implementation of 5G technology to provide numerous profitable opportunity for IP telephony provider
As the 5G internet standards gain its momentum in the global market, the IP telephony market will have the opportunity to offer enhanced communication quality. This would also help the IP telephony providers to expand their product portfolio and invest into more advanced technologies for the enhancement of their services.
UK IP Telephony Market – Component Insights
The IP telephony market is categorized on the basis of components as hardware, softphones, and services. All these components permit the enterprises of all size to opt for efficient IP telephony to meet their requirements. The growing advancement in technology, better internet infrastructures, and deployment of cloud computing across various industries, the acceptance of IP telephony over ISDN is developing the digital ecosystem and fostering high growth of data.
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Table of Content:
- INTRODUCTION
1.1 SCOPE OF THE STUDY
2. IP TELEPHONY MARKET – KEY INDUSTRY DYNAMICS
2.1 KEY MARKET DRIVERS
2.1.1 Influence of advancing internet facilities in the market
2.1.2 Rising Importance of effective communication in corporate ecosystem
2.1.3 The cost effectiveness of the IP telephony is driving its adoption
2.1.4 Widespread availability of integration support and migration strategies
2.1.5 Potential to enhance the quality of customer support and service
2.2 KEY MARKET RESTRAINTS
2.2.1 Security concerns with respect to increasing cyber crime
2.2.2 Issues with emergency calling facility
2.2.3 The reliability of IP Telephony over the external power source and internet connectivity might impact its growth
2.3 KEY MARKET OPPORTUNITIES
2.3.1 The ISDN Switch off coupled with expanding growth of SMEs to provide a noteworthy growth opportunity in the coming years
2.3.2 Inception of 5G to provide growth benefits to both IP telephony operators as well as device manufacturers
2.4 FUTURE TREND
2.4.1 Companies in the IP Telephony value chain would tap onto the opportunities provided by the new GDPR regulation
2.5 IMPACT ANALYSIS OF DRIVERS & RESTRAINTS
3. IP TELEPHONY MARKET – U.K ANALYSIS
3.1 OVERVIEW
3.2 U.K IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 (US$ MN)
4. U.K IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 – COMPONENT
4.1 OVERVIEW
4.2 U.K IP TELEPHONY MARKET BREAKDOWN, BY COMPONENT, 2017 & 2025
4.3 HARDWARE MARKET
4.3.1 Overview
4.3.2 Hardware Market Revenue and Forecasts to 2025 (US$ Mn)
4.4 SOFTWARE MARKET
4.4.1 Overview
4.4.2 Software Market Revenue and Forecasts to 2025 (US$ Mn)
4.5 SERVICES MARKET
4.5.1 Overview
4.5.2 Services Market Revenue and Forecasts to 2025 (US$ Mn)
5. IP TELEPHONY MARKET REVENUE AND FORECASTS TO 2025 – BY HARDWARE
5.1 OVERVIEW
5.2 IP TELEPHONY MARKET BREAKDOWN, BY HARDWARE, 2017 & 2025
5.3 IP DESKTOP PHONE MARKET
5.3.1 Overview
5.3.2 IP Desktop Phone Market Revenue and Forecasts to 2025 (US$ Mn)
5.4 IP CONFERENCE PHONE MARKET
5.4.1 Overview
5.4.2 IP Conference Phone Market Revenue and Forecasts to 2025 (US$ Mn)
5.5 DECT PHONE MARKET
5.5.1 Overview
5.5.2 DECT Phone Market Revenue and Forecasts to 2025 (US$ Mn)
5.6 OTHERS MARKET
5.6.1 Overview
5.6.2 Others Market Revenue and Forecasts to 2025 (US$ Mn)
Continue…
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