Voice over Internet Protocol (VoIP) Market is expected to reach USD 105.50 billion by 2030, with a CAGR of 15 % between 2024 and 2030. The market for voice-over-internet protocol is likely to rise as 5G technology becomes more widely adopted. By enabling gigabit speeds, 5G delivers quicker transfers, better latency, and the capacity to connect a larger number of devices, which will give enough bandwidth for VoIP.