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VoIP in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

VoIP Market Research Report | NAICS 51711e | Sep 2016

Raised voice: The expansion of 4G data networks will propel subscription growth

IBISWorld’s VoIP market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
12.0%
Annual Growth 16-21
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Profit
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Employment
5,225
Businesses
757
Industry Analysis & Industry Trends

Explosive growth since the inception of voice over internet protocol (VoIP) began to stabilize in 2011 as residential customers began to cut home phone service entirely, shifting their preferences away from traditional wired phones to wireless phones. Driving the strong revenue growth in the middle part of the past decade was the rapid adoption of broadband internet services. VoIP is less expensive to implement than traditional switched-circuit telephony, with businesses expected to gravitate toward the more cost-effective solution. The increasingly robust nature of the internet will alleviate fears about VoIP quality and reliability, a hurdle to adoption by the business segment, allowing industry revenue to rise over the five years to 2021.


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Industry Report - Industry Products Chapter

Nomadic VoIP

Nomadic VoIP, or portable VoIP that consumers can access from any location with a broadband connection, represents the industry's largest product segment at 59.4%. Growing as a share of industry revenue, nomadic VoIP services have boomed as it offers unique advantages over products inside and outside of the industry. Taking advantage of its portability, nomadic VoIP services allow for consumers to make domestic and international calls using VoIP technology from different locations, maximizing its value for travelling consumers or businesses. This advantage is increased by the fact that VoIP services are conducted through the internet, where industry operators can route calls much cheaper than operators who use other wired technology... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the VoIP Industry?

Industry participants provide voice over internet protocol (VoIP) services to consumers, businesses and government organizations. VoIP technology converts voice signals into digital data that is transmitted using the internet. This industry does not include VoIP providers who bundle their services with internet, cable operated VoIP, and operators that resell VoIP services.

Industry Products
Nomadic VoIPStatic VoIP
 
Industry Activities
VoIP over the PSTN


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