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VoIP: Creating a Paradigm Shift in Consumer Behavior

VoIP: Creating a Paradigm Shift in Consumer Behavior

Over the past two decades, VoIP has revolutionized the way people communicate and has become a mainstream technology that is here to stay. The key market driver is considerable cost savings that VoIP offers to both residential as well as enterprise users as compared to traditional PSTN telephony.

VoIP is now moving into the realm of mobile world. The deployments of 4G networks hold the prospect of transforming the quality of VoIP services. This will propel VoIP into a mainstream offering, creating a paradigm shift in subscriber behavior.

According to the report, VoIP Market 2012 – 2017, the combined market for enterprise VoIP and residential IP phone services is forecast to generate nearly $80 billion in revenue by 2017. This growth will largely be a function of the private sector's pursuit for advanced, innovative and effective phone systems; this pursuit is pushing decision-makers to embrace technologies such as SIP trunking and cloud offerings computing.

 

Market analysis on VoIP

Market Analyst™ offers more than 25 reports on VoIP, including:

North American VoIP Solutions Market 2010-2014
Global Mobile VoIP Solutions Market 2011-2015
Mobile VoIP: Technology and Business
North American VoIP Access and SIP Trunking Services Market

Learn more about market research on VoIP