Global VoIP Subscribers Expected To Touch 262 Million By 2015

According to new research, industry analyst Infonetics Research suggests the Voice over Internet Protocol services industry is set to achieve revenues of US$76 billion by the year 2015.

The growth in the industry which is dominated by players such as Vonage VoIP will be driven primarily by Session Initiation Protocol (SIP) trunking, and hosted VoIP services.

The report suggests that SIP trunking revenues are expected to grow at a whopping 52 per cent CAGR from now until 2015. The report also suggests that the number of residential subscribers is expected to reach 262 million globally by the year 2015, up from the current 179 million subscribers currently.

The three leasing players in the global residential VoIP business include NTT, France Telecom and Comcast, all of whom are existing fixed line or mobile telephony incumbents and have embraced a new business model which incorporates VoIP services as part of their future growth strategy.

“We’ve increased our short- and long-term forecasts for the voice over IP services market, as adoption in the residential, SOHO, and business segments continues unabated,” Infonetics Research said in its statement.

Whilst the VoIP services segment dominates numerically, the majority of revenue growth comes from the business segment.

“Following a healthy 2010, the overall VoIP services market is on track to grow another 17 percent in 2011,” Infonetics added.

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