Home > > Global Fixed Voice Market Report

Global Fixed Voice Market Report

  • Report Code: IQ1050
  • Published Date: January, 2023
  • Pages: 100

Industry Overview

The Fixed Voice market was valued at $124,800.0 Million in 2020, and is projected to reach $314,269.8 Million by 2029 growing at a CAGR of 10.86% from 2021 to 2029. The fixed voice market has seen significant changes in recent years, with the increasing adoption of newer communication technologies such as VoIP (Voice over Internet Protocol) and the decline of traditional circuit-switched phone systems. Some of the key drivers of these changes include the increasing adoption of broadband internet, the growing popularity of cloud-based communication solutions, and the increasing use of advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT) in fixed voice communication. One of the major trends in the fixed voice market is the increasing adoption of VoIP and other cloud-based communication solutions. This includes the growing adoption of VoIP and Unified Communication as a Service (UCaaS) models, as well as the increasing use of infrastructure as a service (IaaS) and platform as a service (PaaS) models. Another trend in the fixed voice market is the increasing use of advanced technologies such as AI and the IoT to improve the functionality and user experience of fixed voice communication. This includes the use of these technologies to enable personalized recommendations and improve call routing, as well as the use of these technologies to enable real-time analytics and insights. There are also many opportunities for growth in the fixed voice market, including the increasing adoption of broadband internet, the growing popularity of cloud-based communication solutions, and the increasing use of advanced technologies such as AI and the IoT in fixed voice communication. In terms of top companies in the fixed voice market, some of the leading players include AT&T, Verizon, BT Group, and Deutsche Telekom. These companies have recently developed a range of advanced fixed voice solutions, including solutions with AI and IoT capabilities, as well as solutions with advanced integrations and features. Overall, the fixed voice market is expected to continue to evolve in the coming years as businesses and consumers increasingly adopt newer communication technologies to improve their communication experiences and drive engagement.

 

Buy Now

Budget constraints? Get in touch with us for special pricing

Request Discount