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VoIP Services Market Nears $50 Billion Mark; Breakout Year for SIP Trunking
Market research firm
Infonetics Research
this week released VoIP and UC Services and Subscribers, a market share and forecast report that includes two Business VoIP Service Provider Scorecards that will be published later this year, and an IP Centrex Provider Tracker highlighting deployments by provider, region, service, and platform.
ANALYST NOTE
“The VoIP service market weathered the economic turmoil of the last couple of years, and, with increasing customer adoption, reached $49.8 billion in 2010 (compared to $34.8 billion in 2008). While the residential services segment remains the largest of the market at 69% of total revenue, business VoIP services are growing at faster rates; a notable example: SIP trunking had a breakout year with 143% revenue growth in 2010,” notes Diane Myers, directing analyst for VoIP and IMS at Infonetics Research.
VOIP SERVICES MARKET HIGHLIGHTS
Infonetics Research forecasts the combined business and residential/SOHO VoIP services market to grow to $74.5 billion in 2015
Managed IP PBX business VoIP service revenue is expected to more than double from 2010 to 2015
NTT of Japan retains its leadership as the world's largest residential VoIP service provider, followed by Comcast and France Télécom
The fastest growing segments of the VoIP services market are SIP trunking and hosted UC telephony
The number of residential VoIP subscribers increased 19% in 2010 to 157 million worldwide
Based on healthy demand for cloud-based services, the number of seats for IP Centrex and hosted UC services grew 20% in 2010
Posted on Apr 01, 2011
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