Industry Analysis & Industry Trends
Voice over Internet Protocol (VoIP) experienced massive growth at the start of the past five-year period, though residential customer growth has since flattened out. Regulations and the dominance of companies, such as Google, threaten the industry, but the expansion of mobile broadband networks will open up new avenues for growth. Cable companies able to bundle VoIP service with cable service will fare best in consumer markets in the next five years, while businesses will slowly but surely turn to VoIP for voice needs... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The VoIP industry is in the growth stage of its life cycle. In 2002, when VoIP technology first emerged commercially, industry-relevant VoIP providers brought in over $1.0 million in revenue. In 2014, industry operators are expected to generate $3.1 billion in revenue. Over the 10 years to 2019, industry value added, a measure of the industry's contribution to the economy, is expected to increase at an annualized rate of 9.3%. In comparison, GDP is expected to increase at an annualized rate of 2.5% over the same period.
Along with wireless telephone services, VoIP is rapidly accelerating the decline of traditional wired telephone services... purchase to read more