| The below article
gives some facts and figures regarding the VoIP industry and how it
is definitely the wave of the future in telecommunications. There
are many reasons whey VoIP will succeed and the sooner you integrate
with VoIP, the better off you will be.
For a side by side VoIP Comparision
and to see a listing of top VoIP providers please
visit www.VoIPChoices.com. Plans start at $19.95/month for Unlimited
calling to the U.S. and Canada.
VoIP Telephony Grows with
Telecommunications BoomBy Mark Walters
The Voip telephony and the international
telecommunications market is not only healthy, it is robust! The
market is expected to continue its double-digit growth and reach
over $2 trillion by 2008.
Spending on telecommunications equipment and
services in Canada, Western Europe, Eastern Europe, Latin America
and Asia/Pacific will grow at a rate of 10.6% say the experts.
What's behind this growth in telecommunications? Prosperity! With
improving economic conditions throughout the world there is
increasing demand for Voip, mobile devices and wireless
The number of subscribers to wireless
telephone services is growing faster than the number of landlines in
all regions. 1.9 billion wireless subscribers are expected by 2008
and they will outnumber landline subscribers by 69.1%.
The accessibility of high-speed broadband will
drive equipment revenue over the next few years. This will give a
boost to Internet telephony service and that growth will continue as
broadband access revenue triples in future years.
As the move to wireless, voice over Internet
protocol (VoIP) and cable telephony continues, the landline market
will increase from $391 billion in 2004 to $422 billion in
Internationally Europe is expected to be the
largest region in support services spending, reaching $354 billion
by 2008 as the demand for equipment increases there will be
increased demand for services to support that equipment.
In the United States the broadband market is
expected to reach an estimated 56.9 million subscribers by 2008.
That up from 32.5 million subscribers in 2004. The broadband market
has had a huge move since 2001, when there were only 5.1 million
Broadband's faster speeds are behind the
increasing demand for cable modem and DSL providers. Telephone
companies are offering more bundled DSL services and cable operators
are losing subscribers to direct broadcast satellite. The gap
between the number cable and DSL subscribers is narrowing and will
continue to decrease.
In addition, there is plenty going on with
wireless communications. The U.S. wireless market includes transport
services, handsets, capital expenditures and infrastructure
equipment including Wi-Fi equipment plus the emerging market for
wireless broadband access. The future of VoIP technology and
wireless VoIP promises to be one of the most exciting developments
Not counting PC-to-PC services, the number of
residential VoIP customers more than tripled to 4.2 million in 2005.
That number is expected to grow by a compound annual rate of over
43% in the next few years. That will result in about 18 million VoIP
Growth in the residential VoIP market is being
driven by a number of factors. First and foremost is that VoIP
telephony provides consumers with inexpensive voice communications.
VoIP escapes the burden of the many regulations and taxes
governments have imposed on traditional telephone services. So far
that has allowed the VoIP service providers to beat the prices
charged for wired telephone services. The burst of growth in
broadband subscribership is a good sign for VoIP, because it works
best over a broadband connection,
In the United States and around the world,
people are talking and they want to do that with speed and economy.
VoIP phone services are prepared to meet that need.