The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Cloud Telephony Services Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of researchers at Future Business Insights are focusing on research and market study to produce different Cloud Telephony Services Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Cloud Telephony Services Market.

The cloud telephony services market is projected to grow from US$ 23.1 Bn in 2020 to US$ 67.1 Bn by 2031, at an expected CAGR of 20.7% during the forecast period 2021-2031. An infrastructure of data communication and internet-enabled voice is cloud telephony service. Multiple applications, such as telecommunications, storage, and switching are hosted by a third party in the infrastructure and it is further accessed through internet channels.

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Who are the Key Cloud Telephony Services Vendors?   

Some of the leading vendors of cloud telephony services include

• AVOXI
• Cisco Systems, Inc.
• 8×8, Inc.
• Broadsoft
• Exotel Techcom Pvt. Ltd.
• DIALPAD
• Go 2 Market India Pvt. Ltd.
• MegaPath, LeadNXT
• Knowlarity Communications Pvt Ltd.

Key Segments

By Deployment:

• Cloud
• Hosted

By Network:

• Public Switched Telephone Networks (PSTNs)
• Voice over Internet Protocol (VoIP)

By Application:

• Conferencing
• Multi-level IVR
• Sales & Marketing
• Customer Relationship Management (CRM)

By End-User:

• BFSI
• Government
• Telecom & IT
• Healthcare
• Media & Entertainment
• Retail
• Others

By Region:

• North America
  • US
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • BENELUX
  • Russia
  • Rest of Europe
• East Asia
  • China
  • Japan
  • South Korea
• South Asia & Pacific
  • India
  • Thailand
  • Indonesia
  • Malaysia
  • Australia & New Zealand
  • Rest of South Asia & Pacific
• Middle East & Africa
  • GCC Countries
  • Turkey
  • South Africa
  • Rest of Middle East and Africa

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Queries Solved

• What is the size of the overall Cloud Telephony Services Market in the Technology Market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities, and challenges of the Cloud Telephony Services Market in the Technology Market, and how they are expected to impact the market?
• What are the attractive investment opportunities within the Cloud Telephony Services Market in the Technology Market?
• What is the Cloud Telephony Services Market in the Technology Market size at the regional and country-level?
• What are the key market players focusing on?
• What are the strategies for growth adopted by the key players in Cloud Telephony Services Market in the Technology Market?
• What are the recent trends in Cloud Telephony Services Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the Cloud Telephony Services Market in the growth of the Technology Market?
• What are the key market trends impacting the growth of the Cloud Telephony Services Market in the Technology Market?

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Market Background                             

Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.