The High-Definition Voice Market research report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in the market. (http://www.marketsandmarkets.com/Market-Reports/high-definition-hd-voice-market-228719118.html)
October 02, 2014 – According to new research report “High-Definition 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)” by MarketsandMarkets defines and segments the global High-Definition voice market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving the market, various restraints and opportunities impacting it along with the adoption trends.
Browse 78 market data tables and 59 figures spread throughout 175 pages and an in-depth TOC on “High-Definition 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)”
Early buyers will receive 10% customization on this report.
Speak to an analyst at http://www.marketsandmarkets.com/speaktoanalyst.asp?id=228719118
In the recent years, mobile-broadband traffic has increased exponentially with the enhanced developments in network technology. The massive adoption of high-speed broadband services has been beneficial for telecom operators, with the emergence of enhanced sources of income for them. The biggest challenge for the High-Definition voice market is the increasing competition from Over-the-Top (OTT) players, and the lack of codec interoperability, which makes it difficult for telecom operators to offer traditional voice services. However, today operators are no longer the only entity dominating in the communication market. The explosive evolution of OTT players has introduced new entrants that provide voice services fundamentally free of cost. The competition from these big players further makes it difficult for small vendors to enter the High-Definition voice market.
The major factors driving this market are the increasing adoption of Voice over LTE (VoLTE), evidently changing voice usage models, growing popularity of softphone technology, and expansive on-going adoption by SMBs.
The explosive growth of OTT players is one of the restraints for the mobile operators along with limited accessibility and connectivity. Hence, cloud-based deployment services will prove to be more beneficial, and enable the operators to seize this opportunity by providing simpler solutions to enterprise users and consumers. Lower infrastructure development cost and disparity of services are another opportunity for organizations and small business units. The High-Definition voice services suite mainly focuses on the implementation of voice applications and services that precisely replicate the human voice.
Some of the benefits that High-Definition voice services offer to organizations include better understanding and clarity of voice, enhanced multi-cultural communication, and more precise transcripts.
Additionally, the benefits for the communications industry are numerous. For enterprise users and consumers, High-Definition voice uses IP-based voice communications and wide-band technology to offer high-end conferencing services.
MarketsandMarkets broadly segments the global High-Definition voice market by
- Regions as North America (NA), Asia-Pacific (APAC), Europe (EU), Middle East & Africa (MEA) and Latin America (LA)
- Applications as video conferencing, audio conferencing, web-conferencing, multimedia conferencing, audio broadcast, and announcement services
- Access type as mobile and broadband
- User type as enterprise user and consumer
MarketsandMarkets forecasts the Global High-Definition voice market to grow from $815.5 Million in 2014 to $2,296.6 Million 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 forecasted period.
For more Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=228719118
Browse Related Reports
Rich Communications Services Market by MNO Services (Chat, Content Sharing, VoIP, IP Video Call, File Transfer, Social Presence Sharing), & Infrastructure Service Providers by Deployment (Cloud, On-Premise) – Worldwide Forecasts and Analysis (2014 – 2019)
Enterprise Video Market (Web Conferencing, Webcasting, Video Conferencing) Applications (Corporate Communication, Learning and Development, Knowledge Sharing and Management) – Global Advancements, Worldwide Forecasts & Analysis (2014-2019)
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North – Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Telecom and IT Market Research Reports @ http://www.marketsandmarkets.com/telecom-and-IT-market-research-113.html
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets