According to Cognitive Market Research, the global AV-over-IP Software Market size is USD 4681.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 59.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1872.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 57.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1404.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1076.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 61.2% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 234.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 58.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 93.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 58.9% from 2024 to 2031.
The 1G held the highest AV-over-IP Software Market revenue share in 2024.
