Hd Voice Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2019 - 2024

Report Code: ITR 49381 Report Format: PDF + Excel (Delivery in 48 Hrs)
 HD Voice market size is forecast to reach $7.1 billion by 2025, growing at CAGR 20 % during 2020-2025 owing to the increase in high-speed fiber-optic fixed broadband subscriptions opted by small and medium enterprises in developing economies. The growing number of LTE subscribers globally and the upcoming 5G technology to assist the market growth as well as avail new opportunities to HD voice market during 2020-2025
 
Key Takeaways- HD Voice Industry Outlook

Audio conferencing to dominate the HD voice market owing to growing customer base of VoIP and VoLTE users
Enterprise HD voice market to witness significant growth rate due to the increasing reach of fiber optic broadband subscriptions
North America to dominate the global HD voice market followed by Europe owing to the broad customer base of the VoIP enterprise users

Application - Segment Analysis

Audio conferencing dominated the HD voice market in 2019, owing to the large scale adoption of VoIP and VoLTE in the enterprise and non-enterprise/consumer segment. The explosive growth in the reach of optical fiber network for home and work spaces in the past few years have paved the way for VoIP to replace the traditional phone service lines. Along with the integration of both voice and data over the single network, VoIP features lower cost, ease of scalability, increased productivity and others owing to which the preference to VoIP is gaining significant traction is developing economies. 

User Type - Segment Analysis

Non-Enterprise/Consumer segment acquired the largest share of the market in 2019 owing to the broad customer base and penetration of LTE subscribers worldwide. As LTE incorporates HD voice codex and the increasing number of LTE subscribers is set to assist the market growth from 2020 to 2025. As per GSM Association’s recent releases, the penetration of 4G subscribers increased is set to increase from 43% in 2018, to 59% by 2025 and 5G technology to acquire a share of 15% by 2025. The smartphone users is set to increase 79% by 2025 from 60% in 2018. This is set to drive the non-enterprise/consumer market during 2020-2025. The enterprise HD voice market is estimated to witness the significant growth of CAGR 22% during the forecast period owing to increase in the Small and Medium Enterprises opting for VoIP for official audio calls and conferencing applications. The switch to VoIP in various enterprise end-users such as BFSI, ICT, hospitality and others to enhance customer experience and reduce the customer defection due to lack to proper communication due to technical glitches and connection failure, to play a major role driving the market during the forecast period 2020-2025

Geography- Segment Analysis

North America held the majority share of 31% of the global HD Voice market followed by Europe in 2019. The broad customer base of VoIP in enterprise users including BFSI, IT, hospitality, government, and others in the region to drive the market. APAC HD voice market to witness the highest growth during 2020-2025 owing to the growing penetration of optical fiber network along with blooming number of startups and SMEs opting for VoIP in this region. Additionally, the rapidly growing consumer base of LTE users and tech savvy customers who would readily opt for 5G subscription is also set to drive the market growing during the forecast period.

Drivers –HD VoiceIndustry
Growing Penetration and Reach of Optic Fiber for Fixed Broadband

As per Organization for Economic Co-operation and Development, the penetration of fiber optic has reached around 26% of all fixed broadband subscriptions in 2018 and grew by 13% during 2017-2018. The total fixed broadband subscriptions in OECD countries surpassed 418 million by the end of 2018 from 406 million subscriptions in 2017. The growing fixed broadband connections for small and medium enterprises in developing economies to play a significant role in driving the HD voice market during 2020-2025

Challenges – HD VoiceIndustry
Growing Penetration of Over-the-Top (OTT) Voice Service Providers

The growing penetration of OTT voice service providers such as Skype, WhatsApp and so on which use data over the network to offer voice services pose a prominent challenge to the conventional HD voice, i.e., those offered by the telecom service providers. OTT voice services feature higher quality of service, continuity of services, security and so on owing to which it is gaining significant traction in the non-enterprise/consumer market space thereby impeding the market growth for traditional VoIP market as well be HD voice market for this segment

Market Landscape- HD Voice Market Share

The HD voice top 10 companies includes Ericsson, At & T, Orange AG, Verizon Communications, Polycom, Inc., CISCO Systems, Inc., Nokia Networks, Alcatel-Lucent, Deutsche Telekom AG, Avaya, Inc and so on. The HD Voice market is moderately fragmented with the major players of the market to dominate the same and imposing strong entry barrier to new entrants to the market. 

Expansion and Partnership

  • In November 2018, Tango Networks Inc. acquired Simetric Telecom, a U.K. based mobile services and telecommunications provider, to expand its enterprise mobility services
  • In September 2018, Clique, a U.S. based Communications Platform as a Service (CPaaS) provider entered into partnership with Speechmatics to expand its HD conferencing options to 75 languages

1. Hd Voice Market - Overview
        1.1 Definitions and Scope
2. Hd Voice Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Hd Voice Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Hd Voice Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Hd Voice Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Hd Voice Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Hd Voice Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Hd Voice Market - By Application (Market Size -$Million / $Billion)
8.1 Introduction 
8.2 Video Conferencing 
8.3 Audio Conferencing 
8.4 Web Conferencing 
8.5 Multimedia Conferencing 
8.6 Audio Broadcast 
8.6.1 Voice Mail 
8.6.2 Voice Sms 
8.7 Announcement Services
9. Hd Voice Market - By Access Type (Market Size -$Million / $Billion)
9.1 Introduction 
9.2 Mobile Access 
9.3 Broadband Access
10. Hd Voice - By User Type (Market Size -$Million / $Billion)
10.1 Introduction 
10.2 Enterprise User 
10.3 Consumer
11. Hd Voice- By Geography (Market Size -$Million / $Billion)
        11.1 Hd Voice Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Hd Voice- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Hd Voice- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Hd Voice - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Hd Voice - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Hd Voice Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Hd Voice Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Hd Voice Market - Key Company List by Country Premium
15. Hd Voice Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Alcatel-Lucent
        15.3 At & T
        15.4 Broadcom Corporation
15.5 CISCO Systems, Inc. 
        15.6 Deutsche Telekom AG
        15.7 Ericsson
        15.8 Orange AG
15.9 Polycom, Inc
        15.10 Verizon Communications
        15.11 Company 10
        15.12 Company 11 & More
*Financials would be provided on a best efforts basis for private companies
16. Hd Voice Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Hd Voice Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

LIST OF FIGURES

1.US Hd Voice Market Revenue, 2019-2024 ($M)
2.Canada Hd Voice Market Revenue, 2019-2024 ($M)
3.Mexico Hd Voice Market Revenue, 2019-2024 ($M)
4.Brazil Hd Voice Market Revenue, 2019-2024 ($M)
5.Argentina Hd Voice Market Revenue, 2019-2024 ($M)
6.Peru Hd Voice Market Revenue, 2019-2024 ($M)
7.Colombia Hd Voice Market Revenue, 2019-2024 ($M)
8.Chile Hd Voice Market Revenue, 2019-2024 ($M)
9.Rest of South America Hd Voice Market Revenue, 2019-2024 ($M)
10.UK Hd Voice Market Revenue, 2019-2024 ($M)
11.Germany Hd Voice Market Revenue, 2019-2024 ($M)
12.France Hd Voice Market Revenue, 2019-2024 ($M)
13.Italy Hd Voice Market Revenue, 2019-2024 ($M)
14.Spain Hd Voice Market Revenue, 2019-2024 ($M)
15.Rest of Europe Hd Voice Market Revenue, 2019-2024 ($M)
16.China Hd Voice Market Revenue, 2019-2024 ($M)
17.India Hd Voice Market Revenue, 2019-2024 ($M)
18.Japan Hd Voice Market Revenue, 2019-2024 ($M)
19.South Korea Hd Voice Market Revenue, 2019-2024 ($M)
20.South Africa Hd Voice Market Revenue, 2019-2024 ($M)
21.North America Hd Voice By Application
22.South America Hd Voice By Application
23.Europe Hd Voice By Application
24.APAC Hd Voice By Application
25.MENA Hd Voice By Application
26.Ericsson, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.At & T, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Orange AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Verizon Communications, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Broadcom Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Alcatel-Lucent, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Deutsche Telekom AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)