Global VoIP equipment market is anticipated to witness an exponential growth in the forecast period. Voice over Internet Protocol (VoIP) is a procedure, which uses numerous data and voice transfer technologies such as voice over broadband, IP telephony, and Internet telephony to offer communication facilities over a packet-switched network. Factors such as cost efficiency and packaged service offerings leading to roll out of progressive networks and improved usage of these services over several networks and rising disposable income are likely to drive the market in forthcoming period.

On the other hand, low public acceptance of VoIP services in the residential consumer sector are anticipated to hinder VoIP equipment market growth in future. However, technological advancements are likely to create lucrative opportunities for the market. Globally, market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

VoIP equipment market could be explored by product type, configuration, application, end user and geography. Market by product type could span Hosted PBX Equipment and IP PBX Equipment. Market could be explored by call type as International and domestic. The “International” segment accounts for a prominent share in the market. It is likely to witness substantial growth in the years to come. The key factors that could be attributed to the growth of the market include high-quality international IP calling feature at lesser rates as compared to traditional carrier rates. Based on configuration, the VoIP equipment market could span Computer-to-Computer, Phone-to-Phone, and Computer-to-Phone.

Get Sample Copy of this Report @

https://www.millioninsights.com/industry-reports/voice-over-internet-protocol-voip-equipment-market/request-sample

The key applications that could be explored in the market include Residential Use and Enterprise Use. The “Enterprise Use” segment accounts for a prominent share in the market. It is likely to witness substantial growth in the years to come.

The VoIP equipment market could be explored based on end user as IP Connectivity, Hosted Business, Managed IP PBX, Corporate Consumers and Individual Consumers. The “Corporate Consumers” segment accounted for a prominent share in the market. It is likely to witness growth in the years to come. The key factors that could be attributed to the growth of market include key start-ups and SMEs have accepted VoIP communications in their daily activities and increasing demand.

EMEA is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors, such as technological advancement, increasing acceptance and continuous effort made by the telecom service providers to progress the performance of network connectivity to improve the user experience.

Key players operating in the VoIP equipment market include InPhonex LLC, Viber Media S.r.I., Vonage Holdings Corp, Microsoft Corporation (Skype), AT&T, Avaya, Sprint Corporation, Nextiva, Inc., 8×8 Inc., Vonage Holdings Corporation and RingCentral, Inc among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Browse Related Category Market Reports @
https://www.millioninsights.com/industry/telecommunications-and-networks

Are you looking for cloud backup services in Auckland? Mace IT is here to protect your business from data loss. Our cloud storage solutions have the appropriate safety measures to secure cloud storage system of your business. Call us on 0800 622 348 to book a one-hour free no-obligation IT consultation.

Snatch the benefits of these courses from Mace IT that will help you in becoming an IT professional. Call us on 0800 622 348 or mail us at info@maceit.co.nz to book a one-hour free no-obligation IT consultation with professional IT Services in Auckland.

It is worthwhile to note that a telecommunications engineer doesn’t sit in the office & work, rather they work on the site. Few Key skills of a telecom engineer include:

Experience with designing and implementation of LAN, WAN, Wireless LAN, and WWAN.

Proven experience with software that is related to telecommunications systems.
Hands on experience in PC operating systems and network handling.
Good technical understanding of network hardware, Internet standards, and protocols.

Telecommunications Engineer Salary

According to Paysa, the telecom engineer salary is as low as $23/ hour and as high as $41/hour. The average telecommunications engineer salary is $32/hour. According to Indeed, the Telecommunications Engineer salary can range from approximately $44,082 per year for a Telecommunications Technician to $107,283 per year for a Voice Engineer.

Glassdoor states that the average telecommunications engineer salary is $86,527 in the United States. Neuvoo estimates that the average telecommunications engineer salary is $85,800 per year or $44 per hour. When compared this to freelance telecom engineer, they earn as high as $38/hour. Working as a freelancer has its own advantage: no fixed timings, work from anywhere, no routine work, diverse opportunities & high income.

Job Outlook

According to the US Bureau of Labor Statistics, there is expected to a decline in by one percent from 2014-2024.

The global in-building wireless market is expected to display higher growth rate over the next seven years. Rapid surge in in-building wireless industry is credited to the expansion of the telecommunication market and rise in the use of smartphones. The other factors driving the growth of market are high-end requirement of wireless sensor networks for building smart infrastructure, constant need for low power wide area (LPWA) systems in IoT-based applications, marginal increase in the use of Wi-Fi, and ever increasing adoption of IoT-based applications.

Furthermore, large-scale investment in research & development for the Internet of Things, rising requirement for cross domain applications, and large-scale implantation of Wi-Fi in private as well as enterprise sectors, provides key opportunities for the expansion of market during the forecast period. Globally, in-building wireless market is predicted to generate massive revenue over the next seven years, providing numerous opportunities for industry participants to invest in research and development of in-building wireless solutions.

Wireless connectivity is a broad term, incorporating all functions and methods for connection and communication among multiple devices via a wireless signal. The communication and connection is carried with help of different technologies. Along with the revolution of the wireless technology, number of effective feature get added, resulting in the expansion of the market across various private and enterprise-level sectors.

Get Sample Copy of this Report @

https://www.millioninsights.com/industry-reports/in-building-wireless-market/request-sample

The wireless communication does not require excess of infrastructure such as the connecting wires, connecting ports, and power sources. Due to which substantial cost is reduced, unlike wired communication where infrastructure is necessary for successful execution of the communications. Wireless solutions allow users to interconnect irrespective of their location. Other advantages provided by wireless communications include flexibility, convenience, speed, easy accessibility and constant connectivity.

The in-building wireless industry is broadly categorized into major segments based on the use of component type such as antennas, cabling, DAS, repeaters, and small cells. DAS systems segment is growing rapidly in the in-building wireless market with substantial revenue generation in the last few years.

The in-building wireless industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in telecom sector, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.

Asia-Pacific region is estimated to hold a major share in the in-building wireless market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising infrastructural activities, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the in-building wireless industry are Cobham plc, Alcatel-Lucent Enterprise International, Inc., Smiths Group plc, Corning Inc., AT&T Inc., Verizon Communication Inc., Anixter Inc., TE Connectivity Ltd., Commscope Inc., and Ericsson.

Browse Related Category Market Reports @
https://www.millioninsights.com/industry/wireless-telecommunications