WebRTC market worldwide is projected to grow by US$51.1 Billion, driven by a compounded growth of 23.1%. Voice, one of the segments analyzed and sized in this study, displays the potential to grow at over 25.7%.
The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$18.3 Billion by the year 2025, Voice will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 26.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.6 Billion to the region's size and clout in the next 5 to 6 years. Over US$2.4 Billion worth of projected demand in the region will come from Rest of Europe markets.
In Japan, Voice will reach a market size of US$1.7 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 22% over the next couple of years and add approximately US$8.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- AT&T, Inc.
- Avaya, Inc.
- Cafex Communications, Inc.
- Cisco Systems, Inc.
- Dialogic, Inc.
- Oracle Corporation
- Polycom, Inc.
- Tokbox Inc.
- Twillo, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/tgj2u4