VoIP market set to generate $40 billion within 4 years

By Jelani Harper
Updated: June 27, 2011

According to research specialist Point Topic, VoIP has well over 120 million subscribers throughout the globe and is expected to approach $40 billion in sales by 2015.

One of the keys to the pervasiveness of this technology is its triumph over PSTN, standard telephone systems. The variety of voice services and internet capabilities of VoIP has caused several consumers to choose it over traditional phones.

“France has been something of a test bed for VoIP,” said John Bosnell, senior analyst at Point Topic. “Driven by an active supplier base that has made VoIP available to a large percentage of the population over the last decade, the providers have been rewarded with significant take-up.”

Significantly, half of all telephony traffic from fixed networks in France began via VoIP in 2010. Point Topic predicts this trend to continue globally.

Although the bulk of Point Topic’s analysis of VoIP has been in regardsto fixed line service, there are several questions regarding internet telephony, and in particular Skype, which are as yet unanswered.”

“It [internet telephony] is highly fragmented and generally served by companies who don’t or won’t report regular statistics and revenues,” Bosnell said. “However Skype, the market leader, has had considerable publicity recently and does report some numbers. From these we estimate that there are more internet telephony than VoIP users, with Skype alone accounting for almost 150 million regular callers.”
 

Featured Research
  • Go Mobile and Increase Employee Productivity

    The Bring Your Own Device (BYOD) and Voice over Internet Protocol (VoIP) tech trends now allow people to work whenever, wherever, and however they want—mobility makes it happen. more

  • [Infographic] How to Select a Phone System in 10 Steps

    Choosing the perfect phone system for your business is no small task …. Depending on the size of your company, the industry in which you work, and the specific needs your phone system will be required to meet, any number of solutions could get the job done. more

  • 2017 Business VoIP Cost Guide

    Reducing expenses is one of the main reasons that businesses switch from traditional office phone systems to VoIP technology. But many people rush this decision and end up spending more than they need to. The costs of implementing a new VoIP system can increase quickly, especially if you don’t strategically plan for it ahead of time. more

  • How to Improve Call Quality

    Business success is heavily dependent upon its employees’ ability to communicate. Luckily, Voice over Internet Protocol (VoIP) technology gives companies a communicative advantage. more

  • IP Phone System Providers Comparison Guide

    To help B2B companies start 2017 off on the right foot, we compiled a list of over 40 IP phone vendors. In one, easy-to-reference location, we’ve neatly outlined the information you need. more

Related Articles