Annual Growth in VoIP Industry to Reach 7%
For the global VoIP industry, the low cost of services and the growing popularity of session initiated protocol (SIP) translates into significant growth over the coming years. TechNavio analysts predict a compound annual growth rate (CAGR) of 7.1% for international VoIP services from 2011-2015.
The Global VoIP Services Market 2011-2015 predictions cover most international regions, including the Americas as well as the EMEA and APAC regions. Some of the major players in the industry during this period are identified as:
- France Telecom
- Nippon Telegraph and Telephone
- BT Group
- Vyke Communications