BOSTON, May 5 /PRNewswire/ -- North American voice over IP service revenue
topped $1.3 billion in 2004, and is expected to soar 1,431% to $19.9 billion
in 2009, according to Infonetics Research's latest report, VoIP Services
annual market size and forecast for North America.
"VoIP services are relatively new to the telecommunications scene, so the
growth rates will be extremely high as communication networks and services
trend towards VoIP," said Kevin Mitchell, directing analyst for Infonetics and
author of the report. "As carriers migrate their network towards IP over the
next 5 years, more services are inevitably next generation VoIP services. This
is a very early look, as VoIP services revenue represents less than 1% of
total wireline carrier revenue in North America in 2004."
"Growth is driven by carrier footprint and solution expansion, marketing,
and service bundling, leading to more adoption by new
business/government/education and residential/SOHO customers and increased
usage at more sites," Mitchell continued. "Our forecast also assumes that
revenue growth is due to incremental revenue from add-on VoIP applications,
such as conferencing, remote office integration, presence/location-based
services, and collaboration."
REPORT HIGHLIGHTS
-- The number of residential/SOHO VoIP subscribers in North America is
forecast to climb from 1.1 million in 2004 to 20.8 million in 2008
-- Managed IP PBX services, an earlier arrival than hosted offerings and
aimed at medium and large organizations, make up just over half of the
market in 2004
-- Business hosted VoIP service revenue will exceed that of managed IP PBX
services by 2006, as thousands of small and medium businesses adopt
hosted offerings
The report presents market size and forecasts for hosted VoIP and managed
IP PBX VoIP services, including a hosted VoIP split for residential/SOHO,
business, and wholesale in North America. The report also includes a
residential/SOHO subscriber forecast.
For the table of contents and methodology notes, log on to Infonetics
Research's Information Portal at http://www.info.infonetics.com or contact
Larry Howard, vice president, at larry@infonetics.com or 916-933-3543.
Infonetics Research (http://www.infonetics.com) is an international market
research and consulting firm covering the data networking and
telecommunications industries in North America, Europe, and Asia. Infonetics
helps companies develop, market, and sell products and services by providing
objective analysis of end-users, service providers, and product manufacturers.
Infonetics has offices in Silicon Valley, the Boston Metro Area, and London.
Available Topic Expert(s): For information on the listed expert(s), click
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Kevin Mitchell
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