Grand View Research, Inc. reveals that, the global Mobile VoIP market is expected to reach USD 145.76 billion which is up to 28% by 2024!

What a pleasant transition of VoIP service to Mobile VoIP after 20 years of launching! Popularity of wireless devices like mobile phone, tablet etc. is growing day by day, not only at personal level but also at Enterprise level. Enterprises are relying on mobile VoIP features for official communication rather than traditional landline connection or GSM calling option. Moreover, they are letting BYOD (Bring Your Own Device) in to ensure maximum use of resources, using VoIP for bigger cost saving and optimizing the utilization of resources.

A recent statistics by Statista expresses that the projected number of smartphone users until 2020 will be 2.87 billion! These statistics makes “Mobile VoIP” a name of revolution for doing long distance, international calls at a very lower rate. User dependence on flexible features of mobile VoIP are taking mobile VoIP to a new edge of success.

What are those “flexible features” of Mobile VoIP? By using wireless mobile phone as a VoIP device, it’s cheap and user friendly to make international calls, roaming calls, sending instant messaging & more. At present, by the blessings of good quality and high speedy 3G, 4G, LTE, WiFi, VoIP market leaders are embracing Mobile based VoIP services.

Few years ago, it was just the future of VoIP service. Now, mobile VoIP apps are among the most popular application with exciting cost-effective features offered by VoIP Service providers. But what is the future of Mobile VoIP? According to industry researchers, the number of mobile VoIP minutes will rise 31 times more than it is now in the years to come! Can you guess, what services of mobile VoIP will dominate the future market? Unified Communication service for enterprise communication and unique features Mobile OTT service etc are the future of mobile VoIP. It will be a huge business opportunity not only for MNOs, MVNOs, VoIP Service providers, Carriers, ITSPs, ISPs but also for emerging new entrepreneurs.

Unify your corporate communications with your smartphone

Unified Communications Market size is projected to reach USD 96.0 billion by 2023; as per a new research report by Global Market Insights, Inc. (Source- Global Newswire)

What is Unified communication or UC? UC is an extraordinary feature of mobile VoIP which lets you make use of business communication functions and features via a mobile phone. For example, not only in the office but also from remote place; you can be in touch with your office work, access corporate directory information, securely send message to colleagues anytime, detect presence and availability of other colleagues, log into your office voice mail through your mobile handset. According to a survey, 54% of American workers prefer to connect with official communication when they are outside office using unified communication. According to statistics gathered by Global Workplace Analytics, half of all employed Americans have a position that allows them to work using UC at least 20 percent of the time. UC requires downloaded client software, so make sure it works with your handset. It’s really popular among the corporate culture because UC is a highly secure platform for transmitting any sensitive official information. So, Enterprise officials can easily rely on the platform.

Ease Your Life with Mobile OTT

Mobile OTT is the most popular service of Mobile VoIP. A popular research clears that over-the-top mobile VoIP services are expected to become a $16bn business by 2017! Using Mobile OTT apps, users can experience all the real-time instant features (Calling, Messaging, File Sharing) through a secure platform. The Mobile OTT is popular because of its cost-effective features and friendly real-time communication experience. In fact some solution providers also offer customizing option for mobile OTT which can be a great business opportunity in future. WhatsApp, Skype, Facebook Messenger, Viber, Telegram are the popular free mobile OTT apps.

Besides calling and messaging features, Mobile Top-Up and International cheap calls are also few emerging opportunities for new or existing entrepreneurs. Mobile Top up was a stress, but with the help of advanced VoIP apps; one can flexibly recharge any GSM number, add mobile VoIP minutes, and send VoIP minutes to FNF from any location. For this process they can even use the same PIN they use for other features. In this world, there are huge numbers of expatriates living far from their home to earn livelihood who need to buy VoIP minutes for doing cheap international calls to their home. According to Finaccord, by 2017 the number of expatriates will reach around 56.8 million. If new/ existing mobile VoIP entrepreneurs target these expatriates, it’s a huge market which can be a real business opportunity.

FMC (Fixed Mobile Convergence)

Let’s say, you have provided both your personal and business number in your business card. Now if you give both the numbers in your business card your client may get confused which number to call to reach you easily. In this case mobile VoIP can help with the help of wifi or internet device. Basic FMC (fixed-mobile convergence) makes it possible for incoming calls to your business number to ring both, your office and mobile phones, as well as any other phones you specify, at the same time or in sequence. Most IP phone systems offer such capabilities.