VoIP Industry Health Confirmed

Updated: January 07, 2011

A new Infonetics Research report shows that the VoIP market for the first half of 2009 was over $20 billion. The largest single part of that was in residential VoIP but the overall market is growing and healthy as well. Another area of particular strength is in supplying IP services for voice. Not surprisingly given these two major areas, it is the residential broadband and 'triple play' suppliers that are doing the best, especially Comcast.

“Demand for residential and business VoIP services continues to grow even as spending in other communication areas tightens. For the first half of 2009, the worldwide VoIP services market grew to $20.7 billion. Residential VoIP services remain healthy, comprising the majority of worldwide VoIP services revenue, and subscribers are up 14% from the end of 2008. On the business VoIP side, while managed IP PBX revenue growth has slowed in line with IP PBX shipments, we are expecting IP Centrex and hosted UC service revenue to grow 26% year-over-year in 2009,” explains Diane Myers, directing analyst for service provider VoIP and IMS at Infonetics Research.

This news is also very positive for hsoted services which look to be making headway at the expense of on-premise solutions.

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