Cloud Telephony Service Market, Global Outlook and Forecast 2023-2029

Cloud Telelphony is the communications technology where all communication devices and applications are hosted at the service providerﾒs premises. Any business interested in using these services do not need to install any software or buy any hardware to get the services started. The service can be an IVR, call center setup, call recording etc. These services can be started on a traditional phone, mobile or a computer system i.e. desktop, laptop or tablet.
This report aims to provide a comprehensive presentation of the global market for Cloud Telephony Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Telephony Service. This report contains market size and forecasts of Cloud Telephony Service in global, including the following market information:
Global Cloud Telephony Service Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Cloud Telephony Service market was valued at US$ 14110 million in 2022 and is projected to reach US$ 26430 million by 2029, at a CAGR of 9.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cloud Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Cloud Telephony Service include 8x8, AVOXI, BroadSoft, Cisco, DIALPAD, Exotel, Go 2 Market, Knowlarity and Lead NXT, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cloud Telephony Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Telephony Service Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cloud Telephony Service Market Segment Percentages, by Type, 2022 (%)
    Cloud
    Hosted
Global Cloud Telephony Service Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cloud Telephony Service Market Segment Percentages, by Application, 2022 (%)
    SMEs
    Large Enterprises
Global Cloud Telephony Service Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cloud Telephony Service Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cloud Telephony Service revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cloud Telephony Service revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    8x8
    AVOXI
    BroadSoft
    Cisco
    DIALPAD
    Exotel
    Go 2 Market
    Knowlarity
    Lead NXT
    Megapath
    Microsoft
    Mitel
    Natterbox
    NetFortis
    Nextiva
    NFON
    NovaCloud
    NTT Communications
    PortaOne
    Redcentric
    RingCentral
    Singtel
    Solutions Infini
    Telviva
    Tripudio
    VoIPStudio
    Intermedia
    Vox
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cloud Telephony Service, market overview.
Chapter 2: Global Cloud Telephony Service market size in revenue.
Chapter 3: Detailed analysis of Cloud Telephony Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cloud Telephony Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.