VoIP Market Is Going to Double in 5 Years

Updated: January 07, 2011

According to the latest forecasts from ABI Research, the market for business VoIP services is& on pace to double by the year 2015. This figure includes integrated access, SIP trunking, hosted IP-PBX/IP Centrex as well as managed IP-PBX services. ABI expects the market to exceed $20 billion by 2015. This boom in growth is mainly attributed to businesses replacing their old legacy phone systems for new hosted VoIP solutions. Larger enterprises are taking notice of what many small businesses have known for years, VoIP technologies are great time and cost savers. ABI states that large enterprises are now routinely evaluating their current phone systems to determine if a premises-based IP PBX system or a hosted IP PBX service might be right for them.

Featured Research
  • Is Your Phone System Stealing Profits?

    Having the wrong phone system can dramatically cut into your profits. Despite this, many businesses just sign up for a plan or platform that seems ‘good enough’. If you haven’t carefully considered your options and the included features, there’s a very good chance that you are leaving money on the table in some way. more

  • Phone System Technology Showdown

    VoIP and IP telephony are often misconstrued as being the same type of phone system, but the truth is they operate on different technology and deployment methods. This guide will explain the differences between VoIP and IP, go into the pros and cons of both VoIP and IP-PBX, and give insight into which type of phone system will benefit your business the most. more

  • Why Enterprises are Making the Switch to VoIP

    Your phone system is your most important business communication system. It allows you to connect with your employees, prospects, and clients. And wouldn't it be great if there was a solution that helped drive down costs while providing a competitive advantage? more

  • Business Phone System Buyer's Guide

    Communication has been a focal point in business since inception, but the industry is changing drastically in how people connect to one another and what tools and systems they use to do so. Less than 15 years ago, 90% of people relied on landline phone systems for communication. Today, less than 60% of Americans even have a landline and 40% rely solely on their mobile phone. more

  • The IT Manager's Survival Guide

    As an IT manager, maintaining physical fax servers and infrastructure is not a high priority. However, fax capability remains a business need simply because chances are your industry is dependent on its security. What if there was a way to reduce the amount of time spent handling fax complaints and maintaining physical servers? And this way took into account security, cost savings, and freed up your IT resources. Would you be interested? more