Study: Market for VoIP services approaches $50 billion in 2010.

by VoipPlanet.com Staff

Infonetics Research also finds that SIP trunking grew at nearly a 150 percent rate for the year

Infonetics Research this week released VoIP and UC Services and Subscribers, a market share and forecast report that includes two Business VoIP Service Provider Scorecards that will be published later this year, and an IP Centrex Provider Tracker highlighting deployments by provider, region, service, and platform.

Analyst note
"The VoIP service market weathered the economic turmoil of the last couple of years, and, with increasing customer adoption, reached $49.8 billion in 2010 (compared to $34.8 billion in 2008). While the residential services segment remains the largest of the market at 69% of total revenue, business VoIP services are growing at faster rates; a notable example: SIP trunking had a breakout year with 143% revenue growth in 2010," notes Diane Myers, directing analyst for VoIP and IMS at Infonetics Research.

Follow the link below to read the full report summary:
VoIP services market nears $50 billion mark; breakout year for SIP trunking

This article was originally published on Thursday Mar 31st 2011