Friday, January 18, 2013

The Truth about the Global Voip Industry

By Saul Saresi


A lot of people have a lot to say about the world of Voip. And one of the hottest areas of discussion has always been the rate of growth across different industry sectors - from business to residential to 4G - each sector has felt the impact of Voice Over IP technology. But when you break through the stats, just what does it all boil down to?

But when it comes to the world of Voip in particular, it seems that there is always an overwhelming abundance of improbable statistics banded about concerning every element of every factor of every sector - most of which seem too bizarre to be real, and yet, somehow, also seem strangely viable in some way.

But it is clear why the sector is able to retain such a firm footing in the telecommunications marketplace, namely its ability to accommodate state bodies, consumers and businesses alike coupled with the bonus that its services are able to be distributed via a range of facilities such as the Public Switched Telephone Network and cable infrastructures.

But it has not has things all its own way, as a quick look at the stats from the residential consumer market over the past few years will show. In this sector usage has been steadily declining since 2010 due to a combination of factors, ranging from competition from Google to the introduction of stricter US regulations.

However, all that looks set to change with the widespread introduction of 4G technology, which is expected to take the Voip consumer market by storm in the coming years, with mobile applications predicted to grow to in excess of $35 billion dollars by 2016, with over 180 million users.

And as for prediction for the future of Voip, there are plenty of them to go around. Firstly, it is estimated that Voip will account for approximately 100 billion minutes (by 2015) of mobile calls, however, mobile is not predicted to outperform the standard voice market thanks to the restrictive legislation being imposed by US authorities in an attempt to 'level the playing field'.

Voip operators have already begun teaming up with a view to the increased competition for market share that will be evident in the near future, with Google Voice partnering with Sprint, Telefonica taking over Jajah and most recently Microsoft partnering with Skype.

So the next time you hear a statistic about the incredible growth of the Voip industry, (and associated comments of exclamation) remember that things aren't always as they seem, and that although the industry is the future, there are still companies protecting the interests of old-school technologies and will be for some time to come.




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