TMCnet News
Research and Markets: HD Voice Market Report - Worldwide Market Forecasts and Analysis 2014 - 2019Research and Markets (http://www.researchandmarkets.com/research/gbhlhg/hd_voice_market) has announced the addition of the "HD Voice Market by Application, by User Type - Worldwide Market Forecasts and Analysis (2014 - 2019)" report to their offering. The total High-Definition (HD) Voice market is expected to grow from $815.5 million in 2014 to $2,296.6 million by 2019 at a Compound Annual Growth Rate (CAGR) of 23.0% during the forecast period. Voice communication is moving rapidly with the evolution from Plain Old Telephone Service (POTS) to IP-based telephony. HD voice refers to the next-generation technology which offers considerably higher voice quality for calls using both mobile and fixed networks. This technology is a type of voice transmission, present in VoIP systems, whereby higher voice quality is communicated over a lower bandwidth. The usage patterns and growth of Over-The-Top (OTT) providers such as that of Skype (News - Alert) are vsibly driving the market for VoIP technology. The businesses, predominantly in the case of SMBs, are also progressively deploying web conferencing applications to combine voice, video, and screen sharing for provision of an enriched communication experience. Strategic VoIP handset equipment vendors, namely Polycom (News - Alert), Snom, and Aastra among various others are gradually implementing HD codec technology into their products, in order to remain competitive and offer an additional enticement for its customers to shift to VoIP technology. The major restraints in this market are the lack of codec interoperability, and limited accessibility and connectivity of the devices. This report analyzes the growth rate and penetration of HD voice across all regions. There are various assumptions that have been taken into consideration for the market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rate is one of the economic factors which are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging Asia-Pacific (APAC) regions. Scope of the Report Application
User Type
Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/gbhlhg/hd_voice_market |
