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One of the newly emerged game-changers in this sphere is the Voice over Internet Protocol (VoIP) for your business. According to recent research, the global VoIP market is expected to reach a value of $74.36 billion by 2026, representing a compound annual growth rate (CAGR) of 19.9%. What is VoIP? So, what is VoIP ?
The global VoIP market is expected to grow to $102.5 billion by 2026. As more and more businesses embrace VOIP software, the market will continue thriving. It will even make a deeper impact on customer communication owing to newer innovations. The shift towards hosted VoIP/cloud PBX. More on this later!
The global VoIP market is expected to grow to $102.5 billion by 2026. As more and more businesses embrace VOIP software, the market will continue thriving. It will even make a deeper impact on customer communication owing to newer innovations. The shift towards hosted VoIP/cloud PBX. More on this later!
According to a recent study , the global market for mobile banking is expected to reach a staggering $ 1824 million by 2026, with a compound annual growth rate (CAGR) of over 12.2% The use of VoIP phone systems in the banking industry is a trend that is here to stay. during the forecast period.
Top IP PBX Software and Service Providers in the UK The VoIP market has seen remarkable growth in the past few years and is expected to grow further at a CAGR of 9.08%. According to a Research and Markets report , VoIP market share in the UK will be worth $ 4.83 billion by 2026.
The penetration of the internet in major Indian cities as well as the evolution of Voice over Internet Protocol (VoIP) played a key role in the growth of the Indian BPO industry. Growth Phase (2000s and 2010s) Beginning from the early 2000s, the Indian BPO sector gained traction and it grew at a rate of 38 percent over 2005.
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