VoIP Statistics 2024: Insights into Market Share and Growth Trends
Saturday, 14 September 2024, 02:54
VoIP Market Overview
The VoIP market continues to demonstrate significant potential. As companies adopt voice over IP technology, understanding these trends is imperative.
Key Statistics
- US Market Valuation: USD 59.5 billion
- China Market CAGR: 21.1%
- Projected valuation for China by 2030: USD 157 billion
Growth Drivers and Trends
With increasing adoption rates, the VoIP industry is witnessing transformative growth. The demand for scalable communication solutions is driving innovation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.