Voice Over WIFI Market Insights Video

According to Cognitive Market Research, the global Voice Over WIFI market size was USD 8514.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 25.00% 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 3405.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2554.35 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1958.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 27.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 425.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.4% 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 170.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 24.7% from 2024 to 2031.
• Smartphones are predicted to grow the most rapidly in the VoWiFi market over the forecast period